Bill 5: Revenue Administration Act No. 2 (Amdt.)

This bill affects anyone in Newfoundland and Labrador who purchases fuel at retail — from independent truckers and fishing operators to construction contractors and delivery businesses. Commercial fishers benefit from the reduced $0.035/litre rate on marine fuel, while trucking and transport businesses pay $0.095/litre on diesel. Businesses that rely heavily on fuel for day-to-day operations — whether running a fleet of vehicles, operating fishing boats, or fuelling equipment on job sites — will see their fuel costs held at the reduced rate rather than reverting to a higher one. The savings are relevant regardless of business size, though high-volume fuel users like larger fleets or fish harvesters will feel the impact most directly in their operating costs.