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Highlights of Newfoundland and Labrador’s 2024-25 budget

Mar 21, 2024 | 10:42 AM

ST. JOHN’S, N.L. — Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s 2024-25 budget Thursday. Here are some highlights:

– Projected GDP is $33.2 billion, which is a five per cent increase from $31.6 billion the year before.

– Total spending of $10.4 billion, with a projected deficit of $152 million.

– $4.1 billion for health care, which the government touts as the biggest commitment in the province’s history.