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Tag: Economy Articles

365 Results

Newfoundland and Labrador budget 2023 – Back to deficit (temporarily)
March 24, 2023 Government projects a $160-million deficit in 2023-24 on the expectation the 2022-23 revenue windfall will partially reverse. Stronger economy to put budget back into surplus in 2024-25. 2022-23 initial deficit forecast revised to a large $784 million surplus. The province’s indebtedness position has drastically improved over the pandemic. But the debt load is still the […]
New Brunswick Budget 2023: Investing in capacity enhancing infrastructure
March 22, 2023 New Brunswick projects a small surplus of $40.3 million in FY 2023-2024. Tax cuts and weakening economic environment to shrink revenues in FY 2023-2024 (-1.8%) before picking up again towards the end of the planning horizon. Budget 2023 dedicates $1.0 billion in capital spending for FY 2023 – 2024 to accommodate its larger population base. […]
New legs, or familiar lags?
March 10, 2023 After a year of aggressive interest rate hikes, major economies continue to show signs of resilience and in some cases acceleration in early-2023.

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