Provincial Budget Released #nlpoli

Newly minted finance minister Siobhan Coady released her first budget on Wednesday afternoon.

There is money allocated for a variety of programs such as $25 a day child care in 2021, a program to attract newcomers to the province. There will also be several infrastructure projects launched.

The only new taxes are on vaping and tobacco products that the government says will prevent the usage and avoid long-term health care costs. The price of gasoline will increase slightly, by 0.21 cents per litre, while diesel will go up by 2.68 per cents per litre. These changes will take effect on Thursday.

You can read more about the budget here.


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