How soon should government bring Nova Scotia’s finances back to balance?
The government should bring Nova Scotia’s finances back to balance without jeopardizing the social well-being and economic security of its citizens. The Economic Advisory Panel was clear that there is no current crisis. The CCPA has shown that a short-term rise in our debt can be managed with long-term economic growth and with income tax policies to occupy tax room that has been vacated by the federal government. The government should also strive to make the tax system more equitable, for instance, income raising taxes for municipalities which reduce their property taxes.
