Ottawa has added new subjective criteria to the regulatory process.
newfoundland & labrador economy
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.
October 23, 2020
8:00AM
The province's spending is projected to increase by $542 million.
June 22, 2020
11:42AM
While the regulatory change is welcome news, significant reforms are still required to restore investor confidence.
October 4, 2017
11:00AM
In the last 37 fiscal years, the province has only posted seven budget surpluses.
April 22, 2016
12:00PM
This year’s deficit is projected at $1.8 billion, equivalent to 6.2 per cent of the provincial economy.
February 16, 2016
9:33AM
The province is facing a nearly $2 billion projected operating deficit.