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Cannabis Consultation Report - Preparation for Legislation
2017-12-07
Cannabis Consultation Report - A summary of consultation results in preparing cannabis policy and legislation (December 2017)
New funding agreement for municipalities announced
2017-12-06
The provincial government has announced an historic new way to fund the Island’s municipalities.
Finance Minister Allen Roach today (November 6) outlined the funding changes in the Legislative Assembly. The new agreement will provide municipalities with more predictable funding and stronger growth...
Province’s debt rating reaffirmed as stable
2017-11-01
A third bond rating agency has reaffirmed the province’s debt rating as stable, again demonstrating government’s sound management of taxpayers’ dollars.
Standard and Poor's (S&P Global) has joined Moody’s and DBRS in forecasting a stable outlook for the economy. The agency said that over the...
Province reduces deficit by $8.25 million, on track to balance
2017-10-31
The provincial deficit for the 2016-2017 fiscal year now stands at just $1.3 million, with the province on track to achieve a balanced budget in the current fiscal year.
Thanks to good financial stewardship, a strong economy, and a focus on key priorities, the deficit of $1.3 million compares...