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Liberals Confirm They Will Put NB Back in the Red | PCNB- Progressive Conservative Party of New Brunswick

(Oct. 3, 2024) – The Honourable Glen Savoie, PCNB Candidate for Saint John East, issued the following statement:

The release of today’s Liberal platform confirms what we have said all along: Susan Holt and the Liberals will put New Brunswick back into the red.

Team Holt did some classic Liberal math and double-counted the HST in their financial calculations to make it look like they would run a surplus. In short, “total revenue” for future years includes HST at 15%. The proposed PCNB HST cut would reduce the amount of total revenue. But for some reason, Holt and her team added the tax cut to their total revenue.

Bottom line: when you remove the imaginary numbers, it shows that the Liberals are planning a deficit of more than $1 BILLION.

The message is clear: the Liberals will put NB back in the red. Let’s keep building.

Les libéraux confirment qu’ils replongeront le Nouveau-Brunswick dans le rouge

Le 3 octobre 2024) – L’honorable Glen Savoie, candidat du PCNB pour Saint John-Est, a émis la déclaration suivante :

Le dévoilement du programme libéral aujourd’hui confirme ce que nous avons toujours dit : Susan Holt et les libéraux vont replonger le Nouveau-Brunswick dans le rouge.

L’équipe Holt a fait des mathématiques à la libérale qu’on connaît bien et a compté deux fois la TVH dans ses calculs financiers pour donner l’impression qu’elle aurait un surplus. En bref, le « total des revenus » pour les années à venir comprend la TVH de 15 %. La baisse de la TVH proposée par le PCNB réduirait le montant total des revenus. Mais pour une raison ou une autre, Mme Holt et son équipe ont ajouté la baisse de la taxe dans le total des revenus.

En fin de compte, si l’on retire les chiffres imaginaires, on constate que les libéraux prévoient un déficit de plus d’un milliard de dollars.

Le message est clair : les libéraux vont replonger le Nouveau-Brunswick dans le rouge. Continuons à bâtir.

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