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.
Crews continue to work on hot spots after an overnight fire at Wildcove and air quality advisories have been issued
Crews battling major fire at Wild Cove Transfer Station
June is Seniors Month and the Seniors Advocate has launched their "Think Again" campaign
Funding and support available for rural retailers wanting to improve access to food
A school in Stephenville Crossing is getting money to boost their book budget
