The
2023 Newfoundland general election was held on 2 February 2023 to determine the
50th Parliament of Newfoundland. The election was held amidst the
Newfoundland Debt Crisis,
Closure of the Atlantic Fisheries,
2023 Great Blizzard, and the
Newfoundland Baby Boom. The first-term incumbent government of
Clifford Small won re-election for the first time since the
1987 general election. Opposition leader
Sarah Stoodley led her party to win the second largest number of seats, despite several scandals that had erupted during the campaign. The
Liberal Conservatives won the third most seats, 4, doubling their position within the House of Commons. The
Socialist Party of Newfoundland (Marxist) won a second seat, while the
Newfoundland Socialist Party (Hamiltonian) lost their second seat. Both the
Communist Party and
Labrador Independence Party won one seat each.
The Commonwealth entered 2023 with an outstanding debt of £4.309 billion, nearly six times the size of the country's economy. Debt payments for the 2023 budget are projected to exceed the total amount brought in under taxation. Under the previous government of Clifford Small, the rate of growth of the debt had been reduced for the first time since the 1996 budget. The 2022 budget had produced this slowing rate of growth after negotiations with the
United Kingdom to allow for the
Newfoundlander Diaspora to send
remittance payments to the country without being taxed an exit fee from the United Kingdom. The government also negotiated a slightly higher
transfer payment from the United Kingdom, citing the worsening global economy.
The campaign focused on the economy, and attempts to improve the country's still failing economic fortunes. Polls indicated that the New Democratic Union was heading for a defeat, with Sarah Stoodley's Nonpartisan Party in a firm position to win until it was discovered that her deputy had been involved in an illicit affair with an undercover French spy, and that Stoodley herself was implicated in a cash transfer scheme to skim money off mortgage payments at several branches of her local bank. The polls tilted towards the government following this, as supporters of the Nonpartisans instead moved to support the Liberal Conservatives.
All party leaders agreed upon efforts to encourage
family planning in the country, with all pledging to ask the United Kingdom to modify the Commonwealth's constitution to remove a 1940s clause that offered cash payments for having larger families. All but the big three parties advocated for the economy to be
nationalised and
centrally planned to stop its shrinking. Both Small and Stoodley agreed that the sale of
Labrador to another country or company was a possible path to financial solvency.
The new Parliament was sworn in on 10 March 2023, with minimal changes to the
Cabinet of Newfoundland.