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Thursday, December 2, 2010

Warning About Tough Measures From Premier

(Andrew Oland of Moosehead Breweries)
         (Photo by Brian McLain)

Premier David Alward is warning people in the province to prepare for some difficult years and difficult medicine because of the provincial deficit and debt.

Andrew Oland of Moosehead Breweries expects some consumption taxes will be raised to tackle what he calls a desperate fiscal situation. According to Oland, the provincial economy is plodding along saying it's not great but it's not desperate.

The Premier says he first wants to hear from people around the province before unveiling a spring budget. Alward has said he won't be raising the H-S-T but that measure is being advocated by David Ganong who chairs the New Brunswick Business Council.