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Home / $1 billion comparisons

How big is $1 billion?

Each amount below is compared independently with CAD 1 billion. These examples cover different years and kinds of money and can overlap; they are not parts of a provincial budget and must not be added.

In 2024-25, provincial department actuals were $10.6 billion, 10.6 times this reference amount. Federal record values are separate commitments, not provincial spending.

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Example, amount kind and periodAgainst CAD 1 billionReported value
A median full-time wage for a yearStatistics Canada, table 14-10-0064-010.0065% of CAD 1 billion$64,896.00
The middle registered nurse on the over-$100,000 list, 2025The middle of the 2,260 registered nurses paid over $100,000 in 2025, overtime included, as published by NL Health Services.0.0117% of CAD 1 billion$116,500.00
Every MHA's allowance spending in 2024-25, togetherOffice, travel and constituency allowances, all members0.1378% of CAD 1 billion$1,378,082.98
Every minister's expense claim, December 2020 to May 2026, togetherPublished expense claims, December 2020 to May 20260.3425% of CAD 1 billion$3,424,682.22
Largest emergency award: Canadian Health LabsProvincial emergency award value; 2022-04-30. Nursing Staffing Services2.8250% of CAD 1 billion$28,250,000.00
The House of Assembly for a year, 2024-25Legislature, gross spending3.1255% of CAD 1 billion$31,255,000.00
Largest sole-source award: Microsoft Canada Inc.Provincial sole-source award value; 2023-05-19. Microsoft Volume Licensing Agreement5.3690% of CAD 1 billion$53,689,740.00
Largest federal contract with an NL supplier: SC2.0 STEPPED CARE SOLUTIONS INC.Latest reported federal contract value; original date 2020-04-08. Selected because the supplier lists an NL postal code; the source describes national service; no NL share is reported. Whole commitment, not amount paid.25.5261% of CAD 1 billion$255,261,335.35
Professional services in the Physician Services program, 2024-25Medical Care Plan44.2038% of CAD 1 billion$442,038,331.00

Each bar starts at zero and uses the same CAD 1 billion scale. No remainder or combined example total is calculated. The median wage is a reference annual wage, not local wages created by a contract.

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