April 9, 2025, 5:20 am
Newfoundland and Labrador are preparing to unveil their final budget under outgoing Premier Andrew Furey amidst economic uncertainty influenced by US tariff threats. The anticipated budget is set against a backdrop of potential challenges for key sectors like fishing, signalling fiscal adjustments that the province may need to adopt during its political transition. This policy announcement is being closely watched as it reflects the province’s strategy for stabilizing its economy during a period of external pressures and leadership change.
Officials say they didn’t include the fund in the deficit, and the budget shortfall could widen if any of the $200-million is used
The $11-billion spending plan introduced today sets aside $200 million in a contingency fund to offset potential impacts from U.S. tariffs.
Newfoundland and Labrador has tabled a 2025-26 provincial budget that responds to uncertainty from the United States with record spending, while delaying its return to a balanced budget by another year.
ST. JOHN'S - The Newfoundland and Labrador government is expected to deliver its last budget under outgoing Liberal Premier Andrew Furey today.
Newfoundland and Labrador will present its final budget under outgoing Premier Andrew Furey amid U.S. tariff threats from President Trump, which could severely impact sectors like fishing.
6 stories from 5 sources in 7 days ago ... #politics #provincial #economy #finance #budget #liberals #nl #trade #us-relations #global-trade #business #tariffs #publicpolicy
B.C. Graduated Licensing Program Amendments Announced (8 hours ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Ottawa Senators and Maple Leafs Battle of Ontario Readiness (9 hours ago)
Quebec and Alberta explore strategic alliance for enhanced provincial autonomy (20 hours ago)
Ontario Legislature to Focus on U.S. Trade Tariff Response (44 hours ago)
Alberta measles outbreak case numbers rise (2 days ago)
Quebec Credit Rating Downgrade Creates Fiscal Uncertainty (0 hours ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Vancouver airport delays attributed to air traffic controller shortage (11 hours ago)
Quebec Credit Rating Downgrade Creates Fiscal Uncertainty (0 hours ago)
B.C. Crypto Fraud Operation Uncovers $4M Losses (8 hours ago)
Bank of Canada rate decision amid trade tensions (22 hours ago)
Quebec Credit Rating Downgrade Creates Fiscal Uncertainty (0 hours ago)
Canadian Political Parties Debate Public Finances in French Forum (33 hours ago)
New Brunswick reviews NB Power utility amid soaring rate complaints (2 days ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Neil Young Endorsement Sparks Political Debate Ahead of Election (18 hours ago)
Canadian federal leaders debate insights ahead of April 16 discussion (23 hours ago)
Newfoundland cocaine deaths now outpace fentanyl fatalities (14 hours ago)
Trump urges permanent daylight saving time while provinces await U.S. alignment (5 days ago)
Atlantic Canada Braces for Late-Season Winter Weather Disruptions (8 days ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Ontario advances free trade legislation amid U.S. tariff pressures (16 hours ago)
Manufacturers urge policy reforms amid rising U.S. tariff threats (16 hours ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Judge Holds Trump Administration in Contempt Over Deportation Flights (15 hours ago)
Vance Family Diplomatic Travel to Italy and India Announced (17 hours ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Manufacturers urge policy reforms amid rising U.S. tariff threats (16 hours ago)
Ontario advances free trade legislation amid U.S. tariff pressures (16 hours ago)
Therme misled Ontario in controversial Ontario Place spa deal (14 hours ago)
Quebec Court Rejects Injunction in Stablex Forced Land Sale Case (15 hours ago)
BC Health Coalition Demands Termination of LifeLabs Contract (15 hours ago)
BC Health Coalition Demands Termination of LifeLabs Contract (15 hours ago)
Manufacturers urge policy reforms amid rising U.S. tariff threats (16 hours ago)
WTO predicts global trade slide amid Trump’s tariff shifts (19 hours ago)
Quebec Credit Rating Downgrade Creates Fiscal Uncertainty (0 hours ago)
B.C. Graduated Licensing Program Amendments Announced (8 hours ago)
French Leaders Debate Results and Key Moments (8 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.