The provincial government's deficit has risen to above 400 million dollars and the debt is in the neighbourhood of 11 billion together with a sluggish economy and, because of that, shrinking population.
Kevin Lacey, the Atlantic Director of the Canadian Taxpayers Federation, tellsTide News now is the time for something bold to get back on track and that means doing something significant to cut spending.
Lacey argues provincial government spending has gone up 1.7 billion dollars in the last five years but there's little to show for it. It's estimated each man, woman and child in the province owes more than 30 thousand dollars in provincial and federal debt.
