Liberal Majority Delivers First Budget

The majority Liberals under Premier Stephen MacNeil will unveil its first budget Thursday since taking office. Finance Minister Diana Whalen has been meeting with business leaders, towns and communities over the past few weeks to discuss their needs. However, Whalen stated it would be a difficult budget because her part has only been in power for six months. The grits have already announced they would eliminate interest on student loans to help new graduates. During a fiscal update in December, it was revealed the province was facing a $481 million deficit. Also, the new government has stated the province could not afford a reduction in the HST.