Things just got even tougher for Saint John businesses with the unveiling of the provincial budget.
That's the sentiment being expressed by Saint John Board of Trade Chair Larry Hachey. He tells CHSJ News the budget does too little for the sectors we need most desperately to grow.
He points out there have been no structural changes or rationalization of services in the healthcare sector, and it's hard to get and keep a physician. In terms of education, higher learning facilities are the hotbeds of 90% of our research and development yet they're not receiving any additional funding.
Hachey says it's obvious that we have an expense problem, and simply increasing revenue isn't going to cut it unless we address the root issue as well.