NL releases 2023 budget with investments in health care,


The Government of Newfoundland and Labrador has released its Budget 2023. The budget includes a cumulative investment of just under $500M for the postsecondary sector. The funding includes $295M for Memorial University’s core operating grant, $58.4M for Memorial’s medicine faculty, and $69M for the College of the North Atlantic; a $28M investment into Student Financial Services; and a $2.2M investment to double capacity in Memorial’s Nurse Practitioner program. The province also plans to invest in workforce development and training and announced a significant investment into health care recruitment and retention, including the creation of 10 new seats in Memorial’s faculty of medicine.