16 April 2019 Newfoundland and Labrador budget 2019-20 discussed Newfoundland and Labrador Finance Minister and President of the Treasury Board Tom Osborne tabled the province's fiscal 2019-20 budget on April 16. The budget contains no new taxes and no tax increases. The minister anticipates a surplus of $1.9 billion for 2019-20, and projects a deficit for the following two years. The 2019-20 surplus is primarily a result of the accrual of the guaranteed revenue stream secured by the province, as part of the recently updated Atlantic Accord agreement. Document ID: 2019-0785 |
