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2017-2018 Newfoundland and Labrador budget highlights

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Apr 06, 2017

On April 6, 2017, Minister of Finance Cathy Bennett presented the 2017-2018 Newfoundland and Labrador budget.

The most significant news in this year’s budget is the absence of new taxes or fees. Equally important, there were no increases to existing taxes or fees. This budget was the exact opposite of the 2016-2017 budget, which contained increases to both taxes and fees in many areas.

The announced changes to taxation in Newfoundland and Labrador are outlined in our Canadian tax alert.

For further details, we refer you to the Government of Newfoundland and Labrador website.

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