Taxation & Affordability

Taxation & Affordability
The party said in its platform that to “make life affordable for all of us,” it will:
- Reduce the amount of income tax paid by hardworking Newfoundlanders and Labradorians by raising the basic personal amount to $15,000. This means that you will not pay any provincial income tax on your first $15,000 earned. Newfoundland and Labrador will have the highest basic personal amount in all of Atlantic Canada.
- Eliminate the Sugar Tax legislation. Although the Liberals finally realized the Sugar Tax was a mistake, their regressive legislation remains in place.
- Permanently lower the gasoline tax. We will make the temporary gas tax reduction permanent, saving you 8 cents per litre.
- Make more families and individuals eligible for the Physical Activity Tax Credit by letting them claim fitness gear like sneakers and bikes.
- Review all taxes and fees charged to the people and businesses of the province with the goal of removing unnecessary fees. In 2016, the Liberals added or increased over 300 taxes and fees. Many, like higher provincial park fees, are still in place.
- Support rotational workers who travel out of province for work by introducing a tax credit of up to $2,000. This credit will help cover travel expenses for Newfoundland and Labrador residents who must pay out of pocket to work outside the province.
The PCs also promised “targeted relief for those who need it the most: seniors, students, and low-income families,” vowing to:
Seniors
- Raise the Seniors’ Benefit by 20% and index it to inflation.
- Help create affordable and independent housing for seniors who prefer to move into a supportive community environment. Helping to create seniors’ communities will also free up housing throughout the marketplace.
- Make it easier for seniors to stay in their homes by improving access to repairs and safety upgrades like grab bars and ramps.
Post-Secondary Students
- Put money back in the pockets of graduates. Graduates who stay, work, and live in this province will receive their tuition back.
- Provide paid work terms for students, training in hard to fill areas, who complete their placement within the health, social, and education services of the provincial government. This includes students who are studying to be nurses, teachers, social workers, and more.
- Recruit additional healthcare workers by providing every student, training in a program where there are staff shortages, an offer of employment at the beginning of their studies.
- Require Memorial University to be fiscally responsible with the funding it receives. We will not allow MUN to balance its books on the backs of students. We will not allow MUN to expand its footprint or increase tuition until it ends administrative bloat, resolves outstanding critical maintenance, and returns its focus to students.
- Immediately launch a review of tuition and fees at Memorial University and the College of the North Atlantic, including the provincial student loans and grant programs.
Low-Income Families
- Provide the NL Child Benefit to 3,000 more children.
- Launch a responsive Poverty Reduction and Prevention Strategy with the goal of making our province’s poverty rates the lowest in the country.
- Update the eligibility criteria to allow more families and individuals to receive essential support from government programs.