August 19, 2014 12:49 pm
Updated: September 15, 2014 12:30 pm

N.B. Liberals would find $250M in savings if elected: Gallant

Brian Gallant says he would find at least $250 million in savings in the provincial budget if his party forms government next month.

File/Global News
A A

FREDERICTON – New Brunswick’s Liberal leader says he would find at least $250 million in savings in the provincial budget if his party forms government next month.

Brian Gallant says a Liberal government would uncover savings by launching a strategic program review.

He says it is the same model used by former Liberal governments in Ottawa to balance the federal budget.

Gallant says the review would differ from across-the-board spending cuts.

The Liberals said last week they would boost revenue by $63 million a year by rescinding a business tax break and increasing taxes for the province’s richest one per cent.

Gallant says savings found during the strategic program review would be implemented in the second budget of a Liberal government, bringing total savings to at least $313 million.

© 2014 The Canadian Press

Report an error

Comments

Want to discuss? Please read our Commenting Policy first.

Global News