Wednesday, February 22, 2012

Finance Minister: No Tax Hikes & Budget Targets Attainable


Finance Minister Graham Steele's pre-budget consultations have reached the South Shore. Steele along with Lunenburg West MLA Gary Ramey met with select groups in the Bridgewater area last night to discuss how the upcoming fiscal plan should look. The government is projecting a $365-million deficit for this year, with a deficit of about $215 million next spring and a balanced budget the following year. In a interview with CKBW/HANK FM, Steele says the government is on track to reach those targets. "I'm happy to say as the finance minster that we are on track to do exactly that, it hasn't been easy but the plan is working," Meanwhile, Steele says Nova Scotians won't see any tax increases in the upcoming budget which he says will be delivered in early April.