July 2, 2010
Province's Population Continues to
Climb with Seventh Straight Quarter of Net In-Migration
Newfoundland and Labrador's population continues to
rise, according to the latest estimates from Statistics Canada released
earlier this week.
From January 1 to April 1 of this year, the province's
population went up by 96 people to stand at 510,901. The increase was
due largely to inter-provincial migration, and, while this is a modest
change, it marks the fourth quarter in a row that Newfoundland and
Labrador has posted population growth. It is also the seventh
consecutive quarter in which the province experienced positive net
migration, resulting in a gain of 5,059 people through net in-migration
over that period.
"For seven successive quarters now, there has been a
net inflow of people to the province," said the Honourable Tom Marshall,
Minister of Finance and President of Treasury Board. "This sustained
gain is encouraging, and an indication that more people recognize and
have confidence in the opportunities offered in Newfoundland and
Minister Marshall noted that the Provincial
Government's strategic investments and policies over the past number of
years are contributing to this confidence.
The Williams Government is investing substantially in
critical programs and services, including healthcare, education, skills
development, attracting and retaining youth, and areas that stimulate
Under Budget 2010: The Right Investments — For Our
Children and Our Future, an additional $1 billion is being invested in
infrastructure projects this year, with total infrastructure spending
expected to grow to more than $5 billion over the next several years.
Budget 2010 also announced further tax reductions that put approximately
$48.5 million back into the pockets of residents and ensure this
province maintains the lowest personal taxes in Atlantic Canada.
Approximately $1.2 billion in cumulative tax relief measures have been
implemented since 2007.
Minister Marshall also pointed to projected growth in
incomes and employment as positive signs that add to the province's
"We are making the right investments to secure a
bright future in Newfoundland and Labrador," said Minister Marshall. "As
our economy keeps gathering momentum, we look forward to more people
choosing Newfoundland and Labrador to live, work and raise a family."
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Director of Communications
Department of Business
2010 07 02