Home

NLEC – 2016 Provincial Shadow Budget

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.

Employers-Council-Shadow-Budget-2016

Latest News

  • Premier Ball Announces $555.9 Million Agreement for Community Infrastructure

    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 […]

  • Canada’s Core Public Infrastructure Survey: Roads, bridges and tunnels

      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 […]

  • Provinces, territories receive federal gas tax funding

    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 […]

  • City of St. John’s – Bid Bonds will only be accepted in Digital Bid Bond format

    In an effort to ensure the City of St. John’s is receiving acceptable bids we are changing our tendering process to allow for the acceptance of Digital Bid Bonds. It is important to note that a scanned and uploaded copy of a paper bid bond is not a Digital Bid Bond. Please be advised that […]

  • Premier Ball Announces over $10 Million Investment in Municipal Capital Works

    Executive Council Municipal Affairs and Environment March 21, 2018 Premier Ball Announces over $10 Million Investment in Municipal Capital Works The Provincial Government is investing $10.6 million in Municipal Capital Works as a part of its three-year municipal infrastructure program. The Honourable Dwight Ball, Premier of Newfoundland and Labrador, was joined at an announcement today […]

  • Freedom of Information Act

    Our Industry has no issue with the Freedom of Information Act (FOI) in general and understand the benefits of open and transparent government. After having stated the above, the HCANL believes that the legislation has gone from very little information being released (Bill 29) to the current situation of commercially sensitive competitive details being released. […]

More News...

Association of Newfoundland and Labrador
Copyright © 2013 | Heavy Civil Association of Newfoundland and Labrador | Admin