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Thursday, November 3, 2011

Liberals Troubled By Growing Deficit

Oppositon Finance Critic Donald Arseneault says the province still doesn't have a plan on how to manage our finances -- this in the wake of a second quarter report that now projects the province's deficit for 2011-2012 to be almost 546 (m) million dollars.
Arseneault tells CHSJ News simply cutting department expenses wasn't enough and the province needs to focus on bringing in revenue by taking the economy off the backburner.

As far as the possibility of taxes going up, he says the province needs to stop downloading the debt onto the taxpayer.