• Minister Pardy Tables 2025-26 Public Accounts

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-16 16:05:45.0
  Tags: [Newfoundland and Labrador, Finance, Economy, Taxation, Infrastructure]

  The Government of Newfoundland and Labrador released its independently audited 2025-26 Public Accounts ahead of the November 1 statutory deadline, revealing a deficit of $377.6 million, which is $5.8 million higher than originally budgeted. Total revenue exceeded the budget by $420.8 million, bolstered by offshore royalties reaching $1.7 billion—approximately $350 million higher than the previous year—along with increased taxation and federal revenues. The province invested approximately $774 million in capital acquisitions for public infrastructure, transportation assets, health care facilities, and schools, while net debt at year-end was approximately $434 million lower than originally budgeted and the unfunded pension liability declined by approximately $483 million.

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• Provincial Government Advances Planning for the Future of St. Clare’s Mercy Hospital

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-09-18 17:30:02.0
  Tags: [Newfoundland and Labrador, Healthcare, Infrastructure, Finance]

  The Government of Newfoundland and Labrador, through the Department of Transportation and Infrastructure and the Department of Health and Community Services, has issued a request for proposals (RFP) via MERX for a multidisciplinary consulting team to conduct a comprehensive assessment of St. Clare's Mercy Hospital. The work includes a facility condition assessment, accessibility review, environmental and hazardous materials investigations, and an expansion feasibility study to support long-term healthcare infrastructure planning on the Northeast Avalon. This initiative follows the provincial government's announcement in January 2026 to begin planning the redevelopment of St. Clare’s Mercy Hospital, supported by Budget 2026's $5.4 billion investment which includes an additional $370 million for health care.

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