The province's net government debt has increased by more than 18 per cent since 2019.
newfoundland
July 4, 2022
4:30AM
June 14, 2022
9:18AM
The mining industry plays a central role in the province's economic growth and job creation.
May 2, 2022
10:32AM
The logic is simple—save resource revenue during good times to cover the shortfall during bad times.
April 8, 2022
8:35AM
According to the provincial budget, debt will rise from $16.5 billion last year to $17.1 billion this year.
March 30, 2022
3:50PM
Despite the most difficult fiscal position in Canada, the province increased program spending in nine of the last 10 years.
December 7, 2021
12:57PM
Ottawa has added new subjective criteria to the regulatory process.
September 8, 2021
9:43AM
When the province's resource revenues declined by roughly 22 per cent, the government did not commensurately reduce program spending.
June 2, 2021
10:05AM
The reduced deficit relies largely on oil and gas royalties and transfers from Ottawa.
May 28, 2021
2:30AM
Government salaries and benefits comprise approximately 42 per cent of the province's spending.
January 4, 2021
12:08PM
Approximately 72,000 Newfoundlanders and Labradorians made charitable contributions, down from 85,600 in 2008.