Budget 2012

Budget 2012

Finance Minister Tom Marshall delivered a nearly $8 billion provincial budget Tuesday, April 24, 2012 that held the line on levels of spending and investments in key areas of health care, education and infrastructure, while carrying a deficit of $258.4 million — lower than previously forecast.

Fears of large job losses in the public sector also failed to materialize with only about 45 temporary positions expected to be eliminated this year. Stories, photos and videos produced by Telegram reporters and photographers covering the Budget.

For graphics on Budget 2012, click NUMBERS.

For Budget 2012 slideshow, click Photos.

Finance Minister Tom Marshall (standing) delivers the 2012 budget in the House of Assembly Tuesday. — Photo by Gary Hebbard/The Telegram

Business-as-usual budget

April 25, 2012 - 7 h 46

Finance Minister Tom Marshall rolled out a humdrum budget Tuesday without much in the way of new spending or big surprises.

In the coming year, the province will run a $258-million deficit,...

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Article
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Local 1
Business-as-usual budget

Budget was not the doom and gloom predicted

April 25, 2012 - 10 h 05

With talks of major cost-saving measures and job cuts looming in the province, Keith Goulding said he was awaiting Tuesday’s provincial budget with uncertainty.

Tuesday afternoon, the president...

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Article
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Local
Budget was not the doom and gloom predicted

‘Stay-the-course budget’

April 25, 2012 - 8 h 06

For business owner Matt Hickman, this year’s provincial budget provokes nothing more than a shrug of the shoulders.

“There’s not a lot of news,” said Hickman, the owner of Kean’s Pump...

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Article
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Business 1
‘Stay-the-course budget’

CHBA-NL applauds budget

April 25, 2012 - 10 h 55

The provincial government's budget announcement of a new apprentice mentorship program is good news for the home building industry, says the Canadian Home Builders Association Newfoundland and Labrador.

Craig...

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Article
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Local

A budget caveat

April 25, 2012 - 8 h 02

The budgetary trial balloon went up: the budgetary trial balloon came down. And in the end, the province’s finance minister wound up delivering a stand-pat budget that forecasts $258 million in...

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Editorials

Government invests in ‘Republic of Doyle’

April 25, 2012 - 8 h 12

The province’s investment in “Republic of Doyle” isn’t as simple as handing over a $3-million cheque to Allan Hawco and wishing him luck — it’s an equity investment, and any film or television...

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Article
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Living 18
Government invests in ‘Republic of Doyle’

Not a ‘slash and burn’ budget: Marshall

April 24, 2012 - 15 h 04

Finance Minister Tom Marshall delivered a nearly $8 billion provincial budget today that holds the line on the levels of spending and investments seen in the past in key areas of health care, education...

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Local 22
Not a ‘slash and burn’ budget: Marshall

Minister not buying new shoes

April 23, 2012 - 11 h 43

Traditionally, the finance minister wears new shoes on budget day, but Tom Marshall is trying to lower expectations on everything...

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News

Minister not buying new shoes

$664M to Nalcor creates more questions than answers

April 25, 2012 - 7 h 44

In the hours after the provincial budget was rolled out, there was $664 million that slipped past a lot of people.

But not Liberal Leader Dwight Ball.

The money is being transferred to provincial...

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Article
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Local 12
$664M to Nalcor creates more questions than answers