Investment in the province’s oil and gas sector plummeted from $4.9 billion in 2014 to $1.2 billion in 2023.
newfoundland & labrador economy
March 16, 2024
4:00AM
In 2023/24, the province will spend roughly $1.1 billion on debt interest.
January 5, 2024
2:30AM
According to polling results, the majority of Atlantic Canadians believe the top income tax rate shouldn’t be over 50 per cent.
November 10, 2023
9:34AM
The province’s oil and gas sector produces a significant amount of revenue for the government.
September 15, 2023
11:14AM
Residents of the province face the highest provincial government debt interest costs in the country.
March 21, 2023
8:00AM
The province's debt is on track to grow faster than its economy.
February 16, 2023
2:30AM
Paying a premium for labour puts a burden on taxpayers and the province’s books.
January 17, 2023
1:00AM
November 3, 2022
10:00AM
According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.