The St. John’s Board of Trade and the provincial Employers’ Council aren’t happy that the government has shelved its plans for a mini-budget in the fall.The appropriately-acronymed BOT even held an emergency meeting of some of its members, after which …
Continue readingTag: economic indicators
The Sir Robert Bond Papers: Cash Debt and GDP #nlpoli
For those who find this stuff interesting, here are some numbers to mull over.You may have heard of comparing the net debt to the gross domestic product. Somebody gave Tracy Perry a bunch of numbers to read out during the recent waste-of-time filibuste…
Continue readingThe Sir Robert Bond Papers: A dose of reality for Lorraine and her friends #nlpoli
During Question Period in the House of Assembly on Tuesday, Lorraine Michael asked the finance minister for the information that showed that 35% of the tax filers in the province account for 88% of the government’s income tax revenue.Lorraine should ha…
Continue readingThe Sir Robert Bond Papers: Pollyanna Peek-a-Boo And Economic Unboom #nlpoli
Premier Peek-a-Boo took time out of his long, slow wander to the Premier’s Office this week to do an interview with the Grand Falls-Windsor Advertiser. Check it out. Frank Coleman thinks everything is fantastic in Newfoundland and Labrador. (Read more…)
Continue readingThe Sir Robert Bond Papers: Always read the large print #nlpoli
The Conference Board of Canada released a report last week that assessed economic performance in each of the provinces in Canada. “The resource-driven economies of Alberta, Saskatchewan and Newfoundland and Labrador can boast A+ grades for their economic performance,” read the first sentence of the news release accompanying the report,
Continue readingThe Sir Robert Bond Papers: The Consumer Economy #nlpoli
It’s the sort of thing that leaps out at you. As SRBP mentioned on Thursday, in her book Shopping for votes veteran political reporter Susan Delacourt put it in stark terms. Consumer spending has accounted for 60 to 70 percent of American gross domestic product since 1980. In Canada, it’s
Continue readingThe Sir Robert Bond Papers: Annual GDP Change #nlpoli
A release on Friday from Statistics Canada showed that the provincial economy shrank by almost 5% in 2012. They even supplied a lovely chart to illustrate the GDP changes in each province as well as the national average. This wasn’t just modest growth or even a modest drop. We are
Continue readingThe Sir Robert Bond Papers: Remittance Work and the Newfoundland Economy #nlpoli
For those who have been following the issue, SRBP and others were talking about remittance work back in 2007. It remains a key part of the current administration’s economic policy. The proof is in an airport in western Newfoundland that offers parking facilities for patrons who may be gone for
Continue reading