Options for a Strong Economy
This report looks carefully at the drivers of the Newfoundland and Labrador (NL) deficit, the province’s strengths and options for addressing sustainability. It begins with a big picture look at the province’s fundamentals across a range of economic metrics. It then turns to the expense side, looking at expenses in comparative, historical and affordability contexts. Finally, the report examines the revenue side, looking at comparative tax structures across the country, affordability, and areas where NL has room to move.