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Newfoundland and Labrador's New Tory Government Expected to Table Budget Today
Finance Minister Craig Pardy says the plan will deliver affordability measures and many election promises as the province faces a large shortfall.
- Today, The Progressive Conservative government tables its budget, with Finance Minister Craig Pardy promising that cost-of-living measures will be delivered to Newfoundlanders and Labradorians.
- Despite the previous fiscal year ending with a deficit nearing $1 billion, Labrador Premier Tony Wakeham has made no promises to balance the books while honoring nearly $285 million in campaign promises.
- Minister Housing Joedy Wall added $4 million to the Canada Newfoundland Housing Benefit, and the province earmarked $7 million for firefighting upgrades leading up to budget day.
- Liberal finance critic Sarah Stoodley said she will be watching closely on budget day, promising, "I'm looking forward to it and we'll be very quick to look at which promises they're making this year."
- Wakeham prioritized making life more affordable over tackling the deficit, noting, "We're at a time where the residents need affordability...we need some money going out into their pockets.
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Bowen Island Undercurrent
Five highlights from Newfoundland and Labrador’s budget
·Prince George, Canada
Read Full ArticleNewfoundland and Labrador budget projects $688-million deficit
ST. JOHN’S — Newfoundland and Labrador’s new budget is projecting a $688.5-million deficit for the 2026-27 fiscal year with no end in sight to annual shortfalls. The province’s Progressive Conservative government tabled its first budget Wednesday since unseating the Liberals in a provincial election last fall. The $11.5-billion spending plan, titled “Opportunity for All of […]
·Toronto, Canada
Read Full Article+5 Reposted by 5 other sources
Newfoundland and Labrador's new Tory government expected to table budget today
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleCoverage Details
Total News Sources18
Leaning Left6Leaning Right1Center5Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 42%
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