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Grant and contribution program

(S) Payments to the Newfoundland and Labrador Offshore Petroleum Resource Revenue Fund

Department of Natural Resources · Environment, energy and natural resources

In fiscal year 2024–25, Department of Natural Resources paid out $985 million under (S) Payments to the Newfoundland and Labrador Offshore Petroleum Resource Revenue Fund. That is $32.87 per tax filer.

Headline figures

Fiscal year 2024–25

$985M

$32.87per tax filer$23.93per person

Per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). An allocation of cost, not a tax bill.

Largest recipients

The largest named recipients of payments reported under this program in 2024–25. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.

Largest recipients of (S) Payments to the Newfoundland and Labrador Offshore Petroleum Resource Revenue Fund, 2024–25
RecipientLocationPaidPer tax filer
Newfoundland Exchequer AccountSt. John's, Newfoundland and Labrador$985M$32.87

Source and basis

← All environment, energy and natural resources spendingHow the figures are calculated