Economic and Project Analysis

In March 2017, the Economic and Project Analysis Division (EPAD) was formed by the combination of the previous Economic Research and Analysis, Fiscal Policy and Project Analysis divisions of the Department of Finance. EPAD is responsible for economic analysis and forecasting, economic impact analysis, and demographic analysis and population projections. The division is responsible for forecasting and analyzing revenues and providing a wide range of fiscal and economic inputs into the overall Budget preparation. It also provides assessment of projects, programs, government services, and other economic development initiatives from a business’s or proponent’s point of view utilizing discounted cashflow, risk analysis, and sensitivity analysis. EPAD is also responsible for the publication of the budget document, The Economy and the midyear review report, The Economic Review

Recently Updated Date Headline
The Economic Review 2019 Dec 11, 2019 Review of economic performance in Newfoundland and Labrador and outlook for the short term.
Occupation Projections Aug 14, 2019 Projections for 2019 to 2028
Population Projections Aug 9, 2019 Updated August 2019
The Economy 2019 Apr 16, 2019 The Economy is an annual publication providing a review of economic performance in Newfoundland and Labrador and medium term outlook.
Major Capital Projects Apr 16, 2019 Information on capital projects and spending programs in Newfoundland and Labrador valued at $1 million or more, including both public and private projects that are either continuing or beginning in the current year.
Selected Economic Indicators Apr 16, 2019 Latest economic forecast and historical data
Real GDP Growth Forecast Apr 16, 2019 Real GDP growth forecast for 2018 and 2019 from NL Finance and selected forecasters.
Employment Growth Forecast Apr 16, 2019 Employment growth forecast for 2018 and 2019 from NL Finance and selected forecasters.
Oil Bulletin Apr 16, 2019 Oil Production Up 6.5% in December
Retail Sales Bulletin Apr 16, 2019 Retail Sales Down 2.4% in 2018
Labour Markets Bulletin Apr 16, 2019 Employment Increased by 3.3% in March 2019
Car Sales Bulletin Apr 11, 2019 Car Sales Decreased by 9.0% in 2018
Consumer Price Index Bulletin Apr 11, 2019 Consumer Inflation Averaged 1.6% in 2018
Population Bulletin Apr 11, 2019 Population stood at 523,790 as of January 1, 2019
Inflation Calculator Jan 22, 2019 2018 Update
Occupation Projections Sep 28, 2018 Projections for 2018 to 2027