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12 June 2019

Newfoundland and Labrador budget 2019-20 reintroduced

Newfoundland and Labrador Finance Minister and President of the Treasury Board Tom Osborne on June 11, retabled the province's pre-election fiscal 2019-20 budget as its post-election fiscal 2019-20 budget. All tax measures announced in the April 16 pre-election budget have thus been reintroduced. Given that Newfoundland and Labrador is in a minority government situation, it is possible that the budget may be amended before its adoption.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2019-1074

 

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