This surplus is primarily related to an increase in revenues of $1.1 billion compared to the original estimate, mainly due to higher than anticipated taxation revenue and offshore royalties.
Government has a $323.1 million surplus for the fiscal year that ended March 31st. That’s a $674.5 million improvement compared to the original estimated deficit of $351.4 million. This surplus is primarily related to an increase in revenues of $1.1 billion compared to the original estimate, mainly due to higher than anticipated taxation revenue and offshore royalties. This was offset by an increase in expenses of $445.5 million compared to the original estimate.
Government has increased the one-time fertility subsidy by $9,000
Government is reviewing plans for harvesting from Deer Lake to Cat Arm and the whole Baie Verte Peninsula
"The Corner Brook Connects" coming to the Arts and Culture Centre next month
TCH will be closed an "undetermined time" in both directions east of Jack's Pond near the Southern Harbour exit
RCMP looking to identify suspects at break ins at cabins and campers near St. Anthony
