Wednesday, December 28, 2011

Review 2011: Canadian Taxpayers Federation



Nova Scotia's debt-load is getting worse by the day. That's the conclusion of the Canadian Taxpayers Federation. Atlantic president Kevin Lacey says the government has little room to move and we're all paying for it. In a year-end interview with CKBW/Hank-FM News, Lacey says according to the size of Nova Scotia's economy, this province carries the highest tax burden of any province in Canada. "Our debt, federal and provincial debt is going up about $32.00 per second per person in this province. Our total debt per person is about $30,000 and that's a huge debt, it's getting worse before it's getting better," Meanwhile, Lacey is not very optimistic about 2012, he predicts more of the same - an increased deficit and taxpayers paying "through the nose".