NB Must Put an End to Corporate Welfare

An end to corporate welfare and lowered taxes--that's the recommendation of Kevin Lacey, the Atlantic director of the Canadian Taxpayer's Federation. These comments as the New Brunswick legislature wraps up a fall session largely devoted to curbing spending.

Lacey says that the province needs to stop shelling out millions to failing businesses: Miramichi-based Atcon, which folded last year, being a prime example.

He fears that the Alward government will raise taxes in 2012, despite saying that wouldn't happen. Lacey also criticizes the government for increasing spending by 1.7 billion dollars since 2006-2007--a bigger increase than at any other time in the province's history.

The government released a capital budget that limits new spending to just 24 million dollars.