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Tuesday, March 22, 2011

APEC Sounds Warning For Alward Government

The Atlantic Provinces Economic Council says the Alward government is facing a tough battle to get provincial finances in order.


As Finance Minister Blaine Higgs gets set to deliver his first budget this afternoon -- the council says the province must increase revenues while cutting expenses to begin getting finances back on track.

It's suggesting a two percent increase in the H-S-T -- something already ruled out by Premier Alward and Higgs.

The council also suggests introducing or raising user fees -- but -- it's also warning highway tolls are not the revenue pot-o-gold that some people have suggested.