- Newfoundland and Labrador’s Finance Minister presented the 2026 budget on April 29, 2026.
- The budget includes several tax changes for businesses and individuals.
- It proposes a permanent reduction of the provincial tax on gasoline to 7.5 cents per litre.
- It proposes a permanent reduction of the provincial tax on diesel to 9.5 cents per litre.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
