The importance of education spending

More scholar for the dollar the key to a brighter future for NL

Public and private spending on education in Newfoundland and Labrador is among the lowest in the country as a share of how big the provincial economy is.

The most recent figures from Statistics Canada show Newfoundland and Labrador spent about 5.5 percent of gross domestic product on all levels of educational institutions in 2020/2021.

There’s a slightl…