COVID-19: Economic Relief Measures Announced to Date

  • The Government of Newfoundland and Labrador announced on June 8, 2020 the following measures:
    • deferral of rental and fee payments associated with land tenure issued under the Mineral Act and Quarry Materials Act until December 31, 2020. The date range to be qualified for deferral is March 18, 2020 to December 31, 2020;
    • waiver of water use charge payments for 2019 related to mineral exploration; and
    • waiver of mineral assessment expenditure requirements for mineral licences for one year – from March 18, 2020 to March 17, 2021.
  • For more information, see the Government of Newfoundland and Labrador’s news release of June 8, 2020.[499]

Red tape reduction initiative

  • The Government of Newfoundland and Labrador announced the launch of a red tape reduction initiative to help alleviate some of the regulatory burden on the province’s business sector.
  • For more information, see the Government of Newfoundland and Labrador’s news release of June 5, 2020.[500]

Increased Procurement Thresholds

  • A local preference provision has been added to the Public Procurement Regulations. This provision will mandate an allowance of ten percent for local suppliers for all procurements, to the maximum permitted under the Canadian Free Trade Agreement.
  • For more information, see the Government of Newfoundland and Labrador’s news release of May 26, 2020.[501]

Support for oil and gas industry

  • The Government of Newfoundland and Labrador has asked the Government of Canada to make investments to help their offshore oil and gas industry face the impacts of COVID-19.
  • For more information, see the Government of Newfoundland and Labrador’s news release of May 26, 2020.[502]

Support for Tourism and Hospitality Industry

  • The Government of Newfoundland and Labrador announced a $25 million support program for the tourism and hospitality industry. In order to receive the funding, small and medium-sized tourism operators will have to apply for a non-repayable working capital contribution of either $5,000 or $10,000, dependent on gross sales.
  • For more information, see the Government of Newfoundland and Labrador’s news release of May 25, 2020.[503]

Waiver of fees for local businesses

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