According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.
newfoundland & labrador economy
October 27, 2022
6:00AM
Total government revenue is expected to be $1.3 billion higher than projected in the province's budget.
August 30, 2022
1:54PM
The province’s debt as a share of the economy is projected to more than triple by 2046.
July 4, 2022
4:30AM
The province's net government debt has increased by more than 18 per cent since 2019.
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.
December 7, 2021
12:57PM
Ottawa has added new subjective criteria to the regulatory process.
July 6, 2021
8:49AM
Newfoundland and Labrador's budget deficit stands at $825 million.
June 2, 2021
10:05AM
The reduced deficit relies largely on oil and gas royalties and transfers from Ottawa.
April 8, 2021
9:39AM
Capital is mobile and will flow to jurisdictions with sound regulatory regimes and competitive fiscal policies.