Employers’ Council reacts to the provincial labour shortage
The NL Employers’ Council has been in the news talking about labour shortages and vaccine passports. Several factors contribute to the current labour shortage, including demographics, immigration challenges and COVID support programs. Many employers are concerned that these programs are providing a disincentive for employees to return to work. This phenomenon is being experienced across  [...]
Employers’ Council reacts to ‘The Big Reset’
On Thursday, May 6th, Dame Moya Greene released the long awaited report from the Premier’s Economic Recovery Team. The report entitled ‘The Big Reset’ highlighted the dire financial crisis the province is facing and how we can ‘right the ship’. The NL Employer’s Council Executive Director, Richard Alexander, was in the news responding to the  [...]
New poll shows public wants a plan to restructure government program and service delivery to be affordable
The vast majority of Newfoundlanders and Labradorians (85%) say it is important to them personally that government develop a plan to restructure and modernize government services to be affordable and sustainable. Only 4% feel this is not important. This according to public opinion polling conducted by Narrative Research from January 6-19, 2021. 77% of NL  [...]
Employers’ Council calls for credible plan to fix spending problem
The Employers’ Council has been in the news this week calling for a credible plan to modernize and reform government program delivery and address our province’s spending problem. Earlier this month we also defended the Economic Recovery Team following Mary Shortall’s resignation, calling out the need for a credible and transparent plan to provide certainty  [...]
Government delivers “more of the same” in pandemic Budget
Speech provides hope that action on spending reform to come next year New Finance Minister Siobhan Coady released her first budget yesterday amid the Covid-19 pandemic. The delayed 2020-21 budget delivered more of the same in terms of increased expenditures, large deficits and massive amounts of borrowing. Expenses increased $524 M over 2019-20, to a  [...]
COVID-19 Supply Chain & Fiscal Situation
The Employers’ Council has been in the media discussing the continued challenges faced by NL businesses due to COVID-19, as well as the need for swift action by the incoming premier on the province’s fiscal situation. While many in the public feel that NL’s economy is back to normal due to the low number of  [...]
NL Employers’ Council reacts to $2.1 B deficit
Minister Tom Osborne presented the provincial fiscal update on Friday, July 24th. The provincial deficit is now $2.1 billion, which is more than double the projected deficit in the last budget. Borrowing has also increased by $2 billion to $3.2 billion. These projections do not include any budgetary decisions. The province plans to release a  [...]
Elected officials must put politics aside and develop a plan to fix the fiscal crisis
The Employers’ Council sent a letter to all elected officials in NL yesterday, asking them to use the reopening of the House of Assembly today as an opportunity to develop a long term fiscal plan for the province. Read the full letter. The letter urges elected representatives to give the same focus and urgency to  [...]
Business needs more timely support from government
The NL Employers’ Council was in the news this week calling for more timely support from the provincial government to help businesses survive Covid-19 shutdowns, and swifter action to address the province’s economic crisis. The NL Employers’ Council, along with eight other business associations sent a letter to government in early April outlining no-cost and  [...]
Employers’ Council creates media buzz on “Transforming our Future”
The NL Employers’ Council generated significant media coverage last week by securing interviews for guest speakers from our Transforming our Future summit on all major news broadcasts. We also secured multiple follow-up interviews with Executive Director, Richard Alexander, calling for a credible plan to fix our fiscal situation. Watch the coverage now using the links  [...]