The spring sitting of the House of Assembly is concluding with significant and notable support for health, seniors, housing, infrastructure and business through the provincial budget.
Budget 2024 – Transforming: Our Health. Our Economy. Our Province builds on the progress that has been made over the last four years in transforming health care while investing in an economy that is creating new opportunities and making its mark on the global stage.
Highlights of Budget 2024 include:
- No new taxes, tax increases, or fee increases.
- Record high investments in health care, seniors, housing, and poverty reduction.
- Funding to hire health care providers for the existing 19 family care teams, and to create new teams in Lewisporte, Portugal Cove-St. Philip’s, and downtown St. John’s.
- Close to $300 million for improvements to provincial roads and highways.
- More than $36 million over four years to build over 100 new public housing homes in Corner Brook, Central Newfoundland and Labrador West.
- $10 million for a new Seniors’ Well-Being Plan.
- Increasing the base funding for Municipal Operating Grants to $28 million. This represents a two-year increase of nearly 30 per cent.
- A reduction in the Small Business Tax rate from three per cent to 2.5 per cent, saving money for about 6,200 small businesses.
- Over $16 million to increase the number of child care spaces.
- Close to $20 million for the elimination of the 1.6-kilometre policy to access school bus services.
In addition to the provincial budget, the spring legislative agenda also focused on such things as enhancing the visitor experience in the province, improving road safety, supporting the agriculture sector, and celebrating 75 years of confederation.
A full list of legislation debated in this session of the House of Assembly can be found on the House of Assembly website.
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“The provincial budget highlighted the spring legislative agenda. However, this session also included notable legislation that continues our government’s track record of advancing legislation that supports the health and well-being of communities, families, and businesses throughout Newfoundland and Labrador.”
Honourable John Hogan, KC
Government House Leader
Minister of Justice and Public Safety and Attorney General
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