Report
Aditi Joshi ...
  • Travis Shaw

Province of Newfoundland and Labrador Budget 2021 - Charting a Fiscal Recovery

The Province of Newfoundland and Labrador (Newfoundland or the Province; rated A (low) with a Negative trend by DBRS Morningstar) released its 2021 budget on May 31, 2021. This is Newfoundland's first budget following a drawn-out election that saw the Liberal Party win a majority government in March 2021 in the Province's first mail-in-only election.
Underlying
Newfoundland and Labrador, Province of

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Aditi Joshi

Travis Shaw

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