December 19, 2019
The Auditor General today released her 2019 Report on the Audit of the Province’s Financial Statements. The report provides an unqualified (“clean”) audit opinion on the Consolidated Summary Financial Statements for the year ending March 31, 2019, and provides comments…
December 11, 2019
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board, today released the province’s annual Fiscal and Economic Update, which provides a snapshot of the province’s fiscal situation at the midway point of the fiscal year ending March…
December 10, 2019
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board will deliver the 2019-20 Fall Fiscal and Economic Update tomorrow (Wednesday, December 11). The news conference will take place in the Media Centre, Ground Floor, East Block, Confederation…
December 10, 2019
The Government of Newfoundland and Labrador has reached a tentative agreement with the Newfoundland and Labrador Association of Public Employees (NAPE) to extend 16 current collective agreements until March 31, 2022. These agreements are subject to ratification by NAPE’s over…
November 19, 2019
Today, the Honourable Tom Osborne, Minister of Finance and President of Treasury Board, introduced amendments to the Liquor Corporation Act to realign the governance structure of the Newfoundland and Labrador Liquor Corporation (NLC) to better reflect the current operational realities…
November 5, 2019
The Department of Finance is advising all suppliers of goods and services to the Provincial Government of an upcoming change to the mailing address for some accounts payable invoices. On December 2, 2019, the accounts payable office within the Department…
October 24, 2019
The 2018-19 Public Accounts, the audited financial statements of the province for the fiscal year ended March 31, 2019, have been released and tabled with the House of Assembly. The deficit for 2018-19 has been revised to $552.1 million, a…
October 17, 2019
In accordance with the Federal Government’s Cannabis Act and Regulations, the second phase of cannabis legalization related to non-medical cannabis edibles, extracts and topicals is now in effect in Newfoundland and Labrador. Under these regulations, as of October 17 licensed…
September 26, 2019
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board, today announced that S&P and DBRS have once again confirmed the provincial government’s credit ratings. S&P has maintained a stable outlook (long-term ‘A’ and short-term ‘A-1’) for the…
September 26, 2019
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board, will be available to the media today (Thursday September 26) to discuss S&P and DBRS’ confirmation of Newfoundland and Labrador’s stable credit rating. The availability will take place…
