newfoundland & labrador finances

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.


9:06AM
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Newfoundland government can deliver ongoing cheques to residents—here’s how

A portion of earnings from Alaska's fund are paid to Alaskan citizens as dividends.


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.