On 9 April 2025, the Newfoundland and Labrador budget was tabled with no new taxes or income tax increases; a deficit of CA$372m is anticipated for the FY 2025-26.The provincial corporate income tax rates will remain unchanged, with a small-business tax rate of 2.50% and a general corporate tax rate of 15.00%, effective for the 2025 calendar year. On 9 April 2025, Newfoundland and Labrador Deputy Premier and Finance Minister Siobhan Coady tabled the province's fiscal 2025-26 budget. The budget contains no new taxes and no income tax increases.The minister anticipates a deficit of CA$372m for 2025-26 and projects a return...