Developed with research conducted by the Conference Board of Canada
Responsible fiscal management and competitive tax policies encourage investment and economic growth, creating jobs and contributing to a higher standard of living for all Newfoundlanders & Labradorians. The current economic and fiscal situation in the province is the number one issue of concern for senior business leaders. Given the magnitude of the current fiscal crisis, the Employers’ Council commissioned the Conference Board of Canada to examine a variety of possible routes government could take in the 2016 provincial budget to return the province to a sustainable fiscal position.
The Conference Board examined spending in NL as compared to other provinces on a per capita or per GDP basis. They also measured the economic impact of tax increases and spending reductions to specific program categories, and made recommendations for NL. Based on this research the Employers’ Council has developed the following Shadow Budget, recommending expenditure and revenue targets for government over the next four years.
Call for Applications – 2019-20 Infrastructure Programs
The Provincial Government is adjusting the cost share ratios for new municipal infrastructure projects to make it easier for communities to construct roads and build community centres via the Investing in Canada Plan. Yesterday at the opening ceremonies for the Municipalities Newfoundland and Labrador Trade Show and Convention, the Honourable Dwight Ball, Premier of Newfoundland […]
FYI Just to to advise that DNR has just published its Quarry Application tracking log on its website: https://www.nr.gov.nl.ca/nr/mines/quarries/index.html Under the ‘Quarry Application Management’ section, there is a section titled “Tracking Log”. When you click on the tracking log link, it will open a Google Sheet. This is a live document – the spreadsheet updates […]
The Honourable Dwight Ball, Premier of Newfoundland and Labrador, today announced the signing of a bilateral agreement with the Government of Canada under the Investing in Canada Plan that will provide more than $555 million in federal funding over the next decade for community infrastructure projects. The Investing in Canada Plan will see the provincial […]
Roads Canada’s road network, as reported by this survey, was long enough in 2016 to circle the Earth’s equator more than 19 times. Statistics Canada, in partnership with Infrastructure Canada, has launched its first-ever catalogue of the state of the nation’s infrastructure to provide statistical information on the stock, condition, performance and asset management strategies of Canada’s core […]
The Government of Canada has announced the awarding of the first installment of gas tax funding for nine provinces and all three territories. “Local governments know best what their communities need and the Government of Canada is proud to deliver stable, long-term funding that they count on to develop and maintain their public infrastructure,” said […]
