Taylor's First Budget A Mini, with Maxi Dollars
By 250 News
Wednesday, September 14, 2005 07:17 PM

Provincial Finance Minister Carole Taylor
Provincial Finance Minister Carole Taylor wore re-soled shoes to deliver her first budget. Although it was a “mini” budget, it carried some good news. Here are just a couple of the highlights:
Revenues are up 1.47 billion more than expected, (due mostly to energy sales) that leaves the province with a 1.3 billion dollar surplus.
Corporate tax will be cut by 1.5%
Spending announcements were limited, but the Finance Minister did commit to putting $100 million towards Mountain Pine Beetle efforts over the next three years
The Government also pledged $242 million dollars for Seniors over the next three years, of that amount,
$150 million will go towards new beds and facilities.
$50 million is earmarked for supplemental income payments
$42 million is for rental assistance.
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