Taking Action

 

Nova Scotia Tables Balanced Budget with
Higher Fees, Taxes; Debt Grows

 

Relayed by GLOBALink - The International Tobacco-Control Network

by MICHAEL TUTTON
Source: Canadian Press, 2002-04-04, via tobacco.org

HALIFAX (CP) - After four decades of deficits, Nova Scotia presented a balanced budget Thursday with a razor-thin margin, relying on drivers, smokers and gamblers to help meet its goal. Finance Minister Neil LeBlanc's budget calls for a small $1.3-million surplus this fiscal year, but it will impose almost $79 million more in taxes, user fees and higher prices for liquor.

Spending in the budget, the last this year in Atlantic Canada, is expected to total $5.3 billion in 2002-03, up $51 million from last year.

EXCERPT

But the deficit will be avoided by new revenues coming from smokers and drivers, with tax increases of $5 per carton of cigarettes and two cents for every litre of gasoline.

EXCERPT

Sitting before a bronze-coloured pie chart depicting the hundreds of millions in revenues still being swallowed by debt, the finance minister defended his hikes in user fees and taxes.

He said the smoking tax would help reduce use of cigarettes, and promised that every dollar of the gasoline tax would go to a $32-million increase in spending on the province's deteriorating roads and bridges.

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