Keyword: Newfoundland and Labrador

55 results found

Less than a year on the job, premier Dwight Ball is battling a massive loss of support. A slew of regressive new taxes and questionable service cuts are to blame

  • By: Gavin Will
  • August 25, 2016 October 29, 2019
  • 23:45

The change would see the levy paid by anyone with a taxable income of more than $50,000

Good news from Canada’s easternmost province has been tough to come by lately. The effects of low world oil prices, combined with significant cost overruns on the Muskrat Falls hydroelectric project, are profound: personal and business tax increases, a minimum $300 levy on all but the poorest residents, a two percentage point hike to the […]

  • By: Gavin Will
  • May 19, 2016 October 29, 2019
  • 23:40

Alberta has the luxury to run deficits Newfoundfland and Labrador already has significant debt

There is a reason why Newfoundland is referred to as The Rock, as anyone who has walked any part of the island’s jagged, weather-beaten coastline can attest. One is reminded constantly how special the geology of this place is: large “erratics” – boulders marooned by retreating glaciers – dot the landscape; brilliant gashes of coloured […]

  • By: Gavin Will
  • February 12, 2016 October 29, 2019
  • 00:00

Oil prices are lagging, and so is prosperity. But massive new investments offshore may mean a North Sea-style boom in the future

  • By: Gavin Will
  • December 11, 2015 October 29, 2019
  • 00:00

A homegrown entrepreneur has created a world-class tourist destination on Fogo Island. What does it mean for the people who live there?

Over the past decade, oil revenue prompted a surge of economic prosperity in Newfoundland and Labrador; the construction sector could not find enough workers, real estate values shot skyward, the government invested heavily in infrastructure and social programs, and public sector wages rose at rates unseen in a generation. For several years, the province led […]

  • By: Gavin Will
  • May 21, 2015 October 29, 2019
  • 23:00

Sliding oil prices will hit the Rock hard, but there are some places to shelter. Mining exports should increase in 2015, and there's good news from an unexpected corner - the cod are back

  • By: Gavin Will
  • January 30, 2015 October 26, 2019
  • 00:00

Falling oil prices add nearly $400 million to forecast

  • By: Sue Bailey
  • December 16, 2014 December 16, 2014
  • 11:50