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Tuesday, November 23, 2010

Alward Government Calls The Deficit A Crisis

The Conservative government describing the province's financial situation as a crisis, but their first throne speech doesn't explain how the crisis will be addressed. The 14 page document is a laundry list of the Conservative campaign promises.


The province could face a deficit of a billion dollars by next year and a debt expected to hit 9.5 billion.

Premier David Alward says he wants to consult with the people to determine how to address the fiscal crisis.

He says they have gone to the internet to find ideas from staff and the peopleon how to fix the province's finances.
Alward also says a deal with the federal government is being finalized that will see the Harbour Bridge transferred to the province and the tolls removed.