Removal of Worker’s Compensation surcharge saves employers $20 million annually
The NLEC is extremely pleased with today’s announcement by the Workplace Health, Safety and Compensation Commission (WorkplaceNL) that the average worker’s compensation employer insurance premium in the province will drop by $0.25 to $2.20 per $100 of payroll for 2016. Since 2011, the NL Employers’ Council has conducted an aggressive and award winning advocacy campaign to  [...]
NLEC reacts to Budget 2015
Finance Minister Ross Wiseman brought down the 2015 Budget for Newfoundland & Labrador on April 30th in the House of Assembly. NLEC Executive Director, Richard Alexander reacted strongly in the media to some decisions, in particular to oppose the two percent increase in the provincial portion of the HST. While they may have been overshadowed  [...]
Premier announces public-private partnership on long term care – acknowledges NLECs work on issue
Premier Paul Davis announced today at a press conference that government will add 360 new long term care beds through engagement with public and not-for-profit providers. In his speech, the Premier acknowledged the Employers’ Council’s call for improved outcomes in government program and service delivery, referencing both the organization’s pre-budget submission and recent Conference Board of Canada report. Increased involvement  [...]
Worley Parsons and Technip named 2014 Employers of Distinction
The Newfoundland & Labrador Employers’ Council (NLEC) awarded the Employer of Distinction Awards for 2014 to Worley Parsons and Technip on April 27th in St. John’s. Approximately 165 business and political leaders attended the awards luncheon at the Sheraton Hotel in St. John’s, which also featured a keynote address by Dwight Ball, Leader of the Official Opposition. Jason  [...]
Richard Alexander discusses province’s finances on this week’s On Point with David Cochrane
Richard Alexander, NL Employers’ Council Executive Director was one of the guests on this week’s On Point with David Cochrane on CBC. Alexander discussed the province’s current fiscal situation heading into Budget 2015 and the need for the province to cut spending. He also defended against calls to increase taxes. Economist Wade Locke, who has recommended that  [...]
Premier commits to Sovereign Wealth Fund after NLEC lobby
Commitment to the creation of a sovereign wealth fund was one of the NLECs key asks in pre-budget consultations, and one of the recommendations from our Conference Board of Canada Report Achieving Sustainable Prosperity, released last week. Last night at a PC Fundraiser Premier Paul Davis announced a commitment to establishing such a fund, which  [...]
NLEC releases Conference Board of Canada Report Benchmarking NL against Competitors
The NL Employers’ Council (NLEC) released key findings of a Conference Board of Canada study that examines Newfoundland and Labrador’s strengths and weaknesses relative to its closest competitors today at the Sheraton Hotel. The study, Achieving Sustainable Prosperity: Benchmarking the Competitiveness of Newfoundland and Labrador, was commissioned by the NLEC to generate recommendations to improve the  [...]
NLEC asks government for meaningful spending reform and a plan to save for our future
NL Employers’ Council Executive Director Richard Alexander presented to Finance Minister Ross Wiseman Friday, asking him to address the looming deficit by introducing meaningful permanent spending reforms to government program and service delivery. Alexander told Wiseman that the drop in the price of oil “could be the best thing to happen to Newfoundland Labrador.” Now  [...]
NLEC calls on government to think long term about province’s finances
The NL Employers’ Council (NLEC) is imploring the provincial government to change the way they manage our province’s finances. Instead of budgeting at the maximum price of oil as this government has been doing, government must budget spending based on a more modest estimate.  Any resulting surplus should be used to pay down debt and  [...]
NLEC disagrees with province suspending support for trade agreements
The NL Employers’ Council (NLEC) has been speaking out on the benefits of removing trade barriers following the provincial government’s decision not to participate in trade agreements currently under negotiation by Canada. The NLEC fundamentally disagrees with this decision, made due to the province’s disagreement with the federal government on the terms of a cost-shared  [...]