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.
RNC seize three vehicles in Corner Brook and lay impaired driving charges in a two-hour period
RCMP arrest an impaired driver at a grocery store in Stephenville
Taxes, business cards and websites will be covered during tonight's free event at the Centre for Research and Innovation
February is Violence Prevention Month
Government is reviewing plans for a quarry northeast of Cape Ray
