N.L. exceeding economic expectations, Coady says in pre-election fiscal update
CBC
Newfoundland and Labrador is exceeding its expectations economically, according to the province's 2024 fiscal and economic update.
Finance Minister Siobhan Coady provided the update on Wednesday afternoon. For the first time in a decade, she said the province has upped its credit rating.
"Our economy is performing very well," she said, adding the province is stable in its finances.
Coady said employment and household income is up in 2024 and inflation has eased to levels below the national average.
For the last 14 quarters, Coady said, the population has increased. From July 1, 2023 to July 1, 2024, Newfoundland and Labrador's population grew by 6,300.
The province's total population is 545,247 as of July 1, 2024.
Coady said the provincial government would like to see continued population growth despite Canada's new immigration plan that would cut the projected number of new permanent residents the country takes in.
"We still have a significant need for more population in the province," she said.
Download our free CBC News app to sign up for push alerts for CBC Newfoundland and Labrador. Sign up for our daily headlines newsletter here. Click here to visit our landing page.
As their role in health care continues to grow, nurse practitioners across Canada are looking to Alberta, where nurse practitioners recently formed their own union — but on P.E.I., the nurses' union that represents them says it's doing its job.
As the fallout over fallen buildings in Gore Park continues, Hamilton officials will be turning their attention to other properties.
Fire crews responded to a transport truck fire on the Ambassador Bridge connecting Windsor and Detroit.
When the government touts that its auto insurance reforms might curb premiums by $400 come 2027, the ministers and premier don't readily mention what's to come in the three years leading up to that.
Who poses the greater threat to the free speech of Conservative MPs — the Speaker of the House of Commons or the leader of the Conservative Party?
As city council prepares to vote on a temporary shelter village for people experiencing homelessness in Thunder Bay, Ont., opposition is growing among the area's business community.
A Toronto centre for Black art is hosting an exhibition this weekend that exclusively features work by artists from across the African diaspora.
Click on the video player above on Saturday beginning at 1 p.m. ET to watch the 2024 Vanier Cup.
This story is part of CBC Health's Second Opinion, a weekly analysis of health and medical science news emailed to subscribers on Saturday mornings. If you haven't subscribed yet, you can do that by clicking here.
Some Canadian seniors say they're feeling abandoned by the Liberal government's latest inflation relief measure after learning they don't qualify for it.
WARNING: This article may affect those who have experienced sexual violence or know someone affected by it.