Coady says "that is 1.5 percent of revenues which is a small deficit and government has been diligent about bringing it down."
NL’s deficit sits at $150 million. During a mid-summer economic update last week, Finance Minister Siobhan Coady says the goal is to get to no deficit. She says that is 1.5 percent of revenues which is a small deficit and government has been diligent about bringing it down. In her report, Coady highlighted employment is up and unemployment is down, retail and vehicle sales are up, the population is growing and housing starts have increased 100% so far this year. Coady says “government is working to make it easier in people by lowering the tax burden, and holding firm on fees, so we can put money back in people's pockets.” She says government’s future funds plan will help pay down the deficit which takes money from non-renewables and there’s almost $400 million in that fund this year which can easily pay off the deficit.
Jigs and Wheels kicking off in Corner Brook this year with two nights of music on Broadway
It's Old Sam Day at Marble Mountain and Corner Brook Winter Carnival has a few new youth events this year
Impaired driver caught in Port aux Basques on Wednesday
RCMP Traffic Services seizes three vehicles in Bay St. George this week
Former leiflings coming back to judge the 20th Corner Brook Winter Carnival Leifling Gala on Sunday
