Employers’ Council releases “Another Way Forward”, an alternative to government’s fiscal plan.

The Employers’ Council launched Another Way Forward today, an alternative to government’s fiscal plan developed with research from the Conference Board of Canada. This proposed plan relies less on tax increases and more on government spending reductions. The Conference Board found that NL has the second highest personal tax burden in the country. Another Way Forward outlines recommendations for government to reduce taxes by $591 million to make them the most attractive and affordable in Atlantic Canada. This will prevent people from leaving the province, provide an incentive for people to move here, and increase business investment.

The plan also lays out suggested areas government can reduce spending to make a lower personal and business tax burden achievable. NL has the highest per capita government program spending in Canada. The Conference Board found that the NL government could reduce spending by $1.1 billion and NL would still have the highest per person program spending in Atlantic Canada. The Employers’ Council’s Another Way Forward highlights areas where NL spends significantly more per person than other provinces, and illustrates that government has many options to reduce spending in order to make a lower tax burden for the people of the province achievable.

Visit http://anotherwayforward.ca to learn more. The site also provides an opportunity to email your MHA asking them to take action on reducing government spending in order to lower taxes.

Media Coverage:

VOCM – October 26th

CBC – October 26th

The Telegram – October 26th

NTV First Edition – October 26th

NTV Evening Newshour – October 26th

CBC Here & Now – October 26th

CBC Radio On The Go -October 26th

The Western Star – October 27th

CBC East Coast Morning Show – October 30th

The Telegram – November 1st

The Western Star – November 1st

CTV News – November 1st

Winnipeg Free Press – November 1st

London Free Press – November 1st

Todayville.com – November 1st

Calgary Herald – November 1st

News1130.com – November 1st

City News Toronto – November 1st