Budget freezes taxes, promises surplus in 1 year
Feb 9, 2012 at 3:35 pm in Business, News by tyler.king
The provincial government will not raise taxes this year.
Finance Minister Ron Liepert revealed the 2012 budget today, with a deficit of just under 900 million dollars.
But he projects a surplus of almost a billion dollars next year and more than 5 billion the year after that.
Today’s budget increases health and education funding and transfers an extra 2 billion dollars to municipalities.
It also includes 11 million dollars for oilsands environmental monitoring.
Published Februrary 9, 2012