Business Immo, the real estate website
Market Beat

St. John's : Industrial Snapshot - 1Q 2013

Published on

A research produced by

St. John's : Industrial Snapshot - 1Q 2013

The recent provincial budget has forecasted a deficit of $563.8 million for 2013-2014 - considerably less than the $1.6 billion that had been anticipated just two months earlier. The deficit projected for 2012-2013 was $725.8 million but has been reduced to $430.9 million. (Source : Dept of Finance) Almost $700 million of the difference in the deficit projections is a result of improvement in forecasted revenue from royalties and taxes from the offshore oil and mining sectors.

Source : Cushman & Wakefield

Studies are only available to subscribers

Already a subscriber? Login


Get unlimited access to all Business Immo
I subscribe