New minister gives finances failing grade as provincial deficit balloons to almost $1 billion
The PC government delivered its first fiscal update since winning October’s provincial election. The deficit has ballooned to nearly $1 billion dollars. NTV’s Legislative Reporter Ben Cleary has more in this report.
Read moreOne St. John’s city councillor votes against 2026 budget
The City of St. John’s released its annual budget on Monday. Councillors had an in depth discussion about the budget before voting, with one councillor voting against it. NTV’s Bailey Howard tells us more.
Read moreInside Story: Finance Minister discusses fall fiscal update
Finance Minister Craig Pardy discusses the fall fiscal update, which saw the deficit increase to almost $1 billion.
Read moreProvince provides its first fall fiscal and economic update; deficit now projected at $948 million
Finance minister Craig Pardy released the new government’s first fall Fiscal and Economic Update since the October election. In the first part of his update, Pardy confirmed that the province’s fiscal situation is more challenging than what was previously forecast in Budget 2025. The provincial deficit is now projected at $948 million, compared to the […]
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