newfoundland & labrador budget

1:08PM
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Newfoundland and Labrador government squanders another opportunity to reduce crushing debt

On a per-person basis, government spending will increase to $19,238, the highest of any province in Canada.


11:31AM
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Newfoundland and Labrador must restrain spending to right fiscal ship

The province's net debt is $31,749 per person, by far the highest level of any province in Canada.


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.


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.


10:32AM
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Furey government should stop resource revenue roller-coaster

The logic is simple—save resource revenue during good times to cover the shortfall during bad times.