November 6, 2018
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…
November 5, 2018
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board will deliver the 2018-19 Fall Fiscal and Economic Update tomorrow (Tuesday, November 6). The news conference will take place in the Media Centre, Ground Floor, East Block, Confederation…
October 29, 2018
The following statement was given today in the House of Assembly by the Honourable Tom Osborne, Minister of Finance and President of Treasury Board: Mr. Speaker, I rise today to provide an update on the considerable progress we have made…
October 17, 2018
Newfoundland and Labrador today, became the first jurisdiction in Canada where non-medical cannabis is legal for recreational use. The Honourable Andrew Parsons, Minister of Justice and Public Safety and Attorney General, and the Honourable Tom Osborne, Minister of Finance and…
October 16, 2018
Today the Provincial Government has cleared the final legislative hurdle in advance of legalized recreational cannabis with amendments to the Highway Traffic Regulations and the introduction of Cannabis Control Regulations and Cannabis Licensing and Operations Regulations. These regulations come into…
October 11, 2018
The 2017-18 Public Accounts, the audited financial statements of the province for the fiscal year ended March 31, 2018, have been released and tabled with the House of Assembly. The projected deficit has been revised to $910.8 million, a $98.9…
October 10, 2018
The Provincial Government today announced it has reached a tentative collective agreement with the correctional officer bargaining unit, represented by the Newfoundland and Labrador Association of Public and Private Employees (NAPE). Subject to ratification, this agreement is for a term…
September 24, 2018
In The Way Forward, the Provincial Government committed to aligning resources to target key sectors and identify priority business opportunities and markets to advance the economic development of our province. To fulfill this commitment, government is undertaking a new initiative…
August 23, 2018
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board, today welcomed DBRS Limited’s decision to keep the Provincial Government’s credit rating stable. The stable credit rating follows S&P and Moody’s decision in July to maintain the Provincial…
July 18, 2018
The Honourable Tom Osborne, Minister of Finance and President of Treasury Board, today acknowledged that S&P and Moody’s have once again confirmed the Provincial Government’s credit rating, and he reiterated that government must continue to reduce deficits while continuing to…
