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Monday, October 18, 2010

New Finance Minister Says There's No Need To Panic Over State Of The Provncial Economy

(Provincial Finance Minister Blaine Higgs)
         (Photo by Brian McLain)

People take notice when someone of the stature of David Ganong, who chairs tne New Brunswick Business Council, warns the province is in a perilous financial state with the choice facing the new government is to raise taxes, cut services or a combination of both.

The new Provincial Finance Minister Blaine Higgs prefers to take a more optimistic view. While conceding there's cause for concern, he claims there's light at the end of the tunnel.

Higgs says people in the province will have to distinguish between what we need and what we want.