2008 Newfoundland and Labrador Provincial Budget

Public Record

2008 Newfoundland and Labrador Provincial Budget

Finance Minister Tom Marshall tables the 2008 provincial budget in the House of Assembly, St. John’s, Newfoundland and Labrador, April 29, 2008.

The Newfoundland and Labrador government is forecasting a $544-million surplus for 2008–2009, primarily due to the soaring price of oil. The government will also increase education and health care spending and pay down some of its large debt.