Premier David Alward says the province does have plans to raise revenues despite criticisms that the budget was mostly focused on government cuts.
Alward tells CHSJ News a few methods were identified during this speech -- such as raising the property transaction tax and bringing in a 100-million dollars through non-renewable resource royalties.
He says taxes will also be going up for the largest financial institutions which will bring in 5-million dollars but will keep us competitive with the rest of the country.
Alward says he will be making a innovation strategy announcement in the coming days that will generate 2 million dollars for the province.