newfoundland & labrador finances

2:30AM
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Ottawa’s new ‘energy efficiency’ rules will increase home costs in Newfoundland and Labrador

The financial burden will likely fall disproportionately on younger lower-income residents looking to enter the housing market.


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.


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.


2:30AM
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Newfoundland and Labrador celebrated Tax Freedom Day later than every other Atlantic province

The average family in the province earning $117,564 will pay an estimated $56,588 in total taxes.


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.