We hear a lot about Muskrat Falls as Danny Williams’ legacy, but it is hardly the only problem he left us to sort out. He rejigged provincial income tax rates between 2007 and 2010 so as to primarily benefit our wealthiest citizens. The result is that people earning in excess of $100,000 a year have since received – in the form of reduced taxes – more money than the province normally raises through income tax in an entire year. Income distribution changing Income figures for 2015, recently released by the Canada Revenue Agency (CRA), reveal our province to be profoundly divided. Our income distribution now exhibits a strangely inverted symmetry: more than half the people earn only a fifth of the income, while a fifth of the people earn more than half. This pattern is new and results from changes in provincial government policy that favour high-income earners. This policy…
Liz Solo’s “Everything is Leaking” uses images and video from Labrador to address mega projects, political oppression and colonialism.
Margaret Wente says a recent trip to Fogo Island changed her view of Newfoundland. No, it hasn’t.
“How in the name of God did it all go so unbelievably wrong? Were we all asleep at the switch?”
An anti-austerity manifesto for N.L.
Two words: Danny Williams.
Low oil prices and poor fiscal judgement have pushed Newfoundland and Labrador into a recession. With the looming threat of credit rating downgrades that could cripple the economy, Finance Minister Cathy Bennett doesn’t have much room — or time — to make some tough decisions.
See which articles and topics Independent readers cast an eye over most in 2015.
Former Great Big Sea member and small business owner Bob Hallett says homeowners and business owners in St. John’s feel “abused and neglected” in the wake of city council’s municipal budget. He is calling for the mayor and councillors’ resignation.
In an era of never before seen wealth, they mismanaged our coffers and squandered our nest egg of oil revenues. Now the PC Government is deferring needed social infrastructure because, they say, we have no money.
After reaping upward of $20 billion in offshore oil revenues in a decade, we have little to show for government’s reckless spending. After years of great promises wrapped in fierce pride, the PCs have placed us in worse fiscal straits than before they took office.
Newfoundland and Labrador has entered a new era. Some would like to drag us back to the old.
What happens at the Duke stays at the Duke… until now
Frank Coleman’s sudden departure is a hot mess for the Tories
It may have been a close race, but the Virgina Waters by-election win is momentous for the provincial Liberals
Why Newfoundland and Labrador’s oil reserves may be left untapped
Beyond the colourful media coverage and incriminatory political punditry that have turned Kathy Dunderdale’s resignation into the biggest story of the year, is that other story that isn’t going anywhere: reality
In 2006, Danny Williams declared poverty reduction a strategic priority for the province. Since then childhood poverty has risen 70%.
The Canada-European Union free trade agreement is coming. Labrador and Newfoundland are both part of Canada. Sadly, but ultimately, Canada controls our fisheries.
It’s time to take a look at our swelling public sector as the provincial government gets ready to deliver its budget on Tuesday.