newfoundland & labrador economy

10:07AM
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Newfoundland and Labrador must improve policies to tap oil and gas potential

Investment in the province’s oil and gas sector plummeted from $4.9 billion in 2014 to $1.2 billion in 2023.


2:30AM
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Newfoundland and Labrador government unlikely to reduce tax rates despite taxpayer wishes

According to polling results, the majority of Atlantic Canadians believe the top income tax rate shouldn’t be over 50 per cent.


9:34AM
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Newfoundland and Labrador’s ‘Future Fund’ turns one—here’s how it can be better

The province’s oil and gas sector produces a significant amount of revenue for the government.


11:14AM
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Newfoundland and Labrador government must restrain spending to avoid debt crisis

Residents of the province face the highest provincial government debt interest costs in the country.


2:30AM
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Newfoundland and Labrador government should review government wage bill

Paying a premium for labour puts a burden on taxpayers and the province’s books.


10:00AM
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Newfoundland and Labrador’s ‘Future Fund’ needs robust fiscal rules

According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.