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.
Cost of asphalt is down but cleaning costs at Marina Redmond Centre skyrocket
Water level at the reservoir supplying Deer Lake Power is being watched closely and another release could be coming
Meet Robert, the newest member of the RNC Mounted Unit
Child Care Spaces
Speeding motorist
