Newfoundland & Labrador » Budgets & Public Finance

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Newfoundland & Labrador – Budgets & Public Finance

Highlighting small business priorities for the municipal budgets

November 22, 2016
As municipalities prepare to table their budgets, CFIB has been working hard to ensure small business priorities are being heard.

Higher property assessments do not have to lead to higher property taxes

September 22, 2016
In 2016, property taxes in many municipalities in Newfoundland and Labrador jumped remarkably higher. Many argue that huge increases in property assessments were the main reason. However, that is only one part of the story.

Memorial University finances – it’s time to think long-term

May 19, 2016
A staggering 70% of Memorial University’s operating budget comes from government transfers – an untenable situation given the current provincial fiscal reality. CFIB compared the finances of Canadian universities similar in size to Memorial University and discovered an imbalance in how it generates revenue.

Budget 2016 is bad news for small business

April 21, 2016
The provincial government brought down its budget on April 14, and with tax and fee increases across the board it has the potential to be incredibly harmful to small business.

A Map for Uncharted Fiscal Waters

March 31, 2016
The provincial government plays a significant role in the economy, with government spending being one of the main drivers of economic growth. Given the fiscal situation of the province, tough decisions need to be made, which may have substantial impact on the economy. Business owners have clear views on what the government can do to deal with its fiscal problem and are waiting in anticipation to hear what the budget will hold for them.
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