April 8, 2022
Newfoundland and Labrador budget 2022-23 discussed
Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province's fiscal 2022-23 budget on April 7. The budget contains several tax measures affecting individuals and corporations. The minister anticipates a deficit of $400 million for 2021-22 and projects deficits for each of the next four years.
A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.
Full text of Tax Alert