A recently obtained access-to-information request reveals a statement of account for the Sugar Sweetened Beverage Tax collected by the Government of Newfoundland and Labrador for the years 2022-23 and 2023-24.
There has been a total of $32.6 million in Sugar Sweetened Beverage Tax expenditures for the 2022-2023 and 2023-2024 years.
During the 2023-23 year, 2.5 million was used for the Physical Activity Tax Credit, $1.1 million for School Lunch, $1.1 million for Kids Eat Smart, 0.3 million for Pre-natal Infant Nutrition Supplement, and $12.7 million for Recreation, Physical Activity, Athlete, and Sport Development.
For the 2023-24 year, $3 million was used for the Physical Tax Credit, $1.1 million for School Lunch, $1.4 million for Kids Eat Smart, $0.3 million for Pre-natal Infant Nutrition Supplement, and $9.1 million for Recreation, Physical Activity, Athlete, and Sport Development.
The total for both years for the Physical Activity Credit is $5.5 million, $2.2 million for School Lunch, $2.5 million for Kids Eat Smart, $0.6 million for Pre-natal Infant Nutrition Supplement, and $21.8 million for Recreation, Physical Activity, Athlete, and Sport Development.
The revenue for the fiscal year ending on 3/31/2023 was $5,813,656.13, and $12,408,820.68 for the fiscal year ending on 3/31/2024. The total for both years is $18,222,476.81.
Matt Barter is a fourth-year student in the Humanities and Social Sciences Faculty at Memorial University of Newfoundland, majoring in Political Science with a minor in Sociology. He enjoys reading thought-provoking articles, walks in nature, and volunteering in the community.
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