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Thursday, December 19, 2013

N.B. Getting More Money From The Harper Gov't

The Alward Government's bottom line getting a big boost with a five per cent increase in transfer payments from Ottawa. 

Federal transfers will rise next year to over 2.6 billion dollars which comprises one-third of the provincial budget. 

Saint John M-P Rodney Weston blames the previous Liberal Government under Premier Shawn Graham, in large part, for a financial mess by spending more money than it took in, driving up the debt.

Weston concedes the province still finds itself in a difficult financial situation in spite of higher federal transfer payments, adding he doesn't envy the challenge faced by Provincial Finance Minister Blaine Higgs.