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

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.

A Map for Uncharted Fiscal Waters

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.

Soaring Power Rates Limit Small Business Growth

Members in Atlantic Canada tell us that energy costs, followed closely by tax and regulatory cost, are of top concern. As a result, we would like to present our research report that focuses on small business perspectives on power utilities and the cost of electricity in Atlantic Canada.

Municipal property tax system needs greater fairness

A new CFIB report on the municipal property tax system highlights the disproportionate tax burden faced by commercial property owners compared to residents.

CFIB releases the second Newfoundland and Labrador Municipal Spending Watch Report

The second annual Newfoundland and Labrador Municipal Spending Watch shows the vast majority of the province’s 20 largest municipalities are overspending at unsustainable levels.
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