newfoundland & labrador economy

11:42AM
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Ottawa tweaks regulations for Newfoundland and Labrador’s oil and gas sector

While the regulatory change is welcome news, significant reforms are still required to restore investor confidence.


11:00AM
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In the last 37 fiscal years, the province has only posted seven budget surpluses.


12:00PM
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This year’s deficit is projected at $1.8 billion, equivalent to 6.2 per cent of the provincial economy.