(Jan. 11/16) The New Brunswick government wants to raise taxes to control their $400-million deficit and $12-billion debt, but Restaurants Canada has other ideas.
Following a strategic review last year, the government has released a report revealing how they plan to address their financial situation. Restaurants Canada is disappointed that the report focuses on more taxes, rather than less spending. We are particularly opposed to increases in HST, corporate and diesel taxes, and road tolls.
Restaurants Canada is pushing the province to cut costs. For example, they could:
- Sell off New Brunswick Liquor
- Reduce the size of government through administrative efficiencies
- Reduce the size of government by cutting the number of senior executives and merging duplicate functions
The report is available here.