newfoundland

8:35AM
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Newfoundland and Labrador kicks debt can down the road

According to the provincial budget, debt will rise from $16.5 billion last year to $17.1 billion this year.


3:50PM
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Spending reductions key to fiscal sustainability in Newfoundland and Labrador

Despite the most difficult fiscal position in Canada, the province increased program spending in nine of the last 10 years.


9:43AM
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New fiscal rules could help stabilize Newfoundland and Labrador’s finances

When the province's resource revenues declined by roughly 22 per cent, the government did not commensurately reduce program spending.


10:05AM
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Furey budget kicks ‘spending’ can down the road

The reduced deficit relies largely on oil and gas royalties and transfers from Ottawa.


12:08PM
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Charitable giving on the wane in Newfoundland and Labrador

Approximately 72,000 Newfoundlanders and Labradorians made charitable contributions, down from 85,600 in 2008.


3:33PM
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Newfoundland and Labrador faces fiscal crisis, other provinces should take note

Alberta’s per-person government debt has eclipsed $10,000 this year.