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Co&ucirc ;t of life: NL is considering extending current aid measures

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Prime Minister Andrew Furey is considering extending aid measures aimed at reducing the cost of living in Newfoundland and Labrador.


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The Newfoundland and Labrador government is considering extending a series of temporary measures aimed at reducing the cost of living, while the impacts of inflation and high interest rates are still being felt.

For the moment, several current measures are due to expire on March 31, the end of the current financial year. On the list: reducing the provincial tax on gasoline and vehicle registration fees, and eliminating the sales tax on property insurance.

It does not appear that it is possible to eliminate these measures in the immediate future, explains Prime Minister Andrew Furey in a end of year interview with CBC.

We will reassess the situation based on the evolution of inflationary pressures, as any government would do , he continues.

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These are not one-off measures. They have been taken strategically to try to help as many people in Newfoundland and Labrador as possible, recognizing that every family is feeling the pressure.

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