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Auditor General Kim MacPherson warned the provincial government it can’t keep running up deficits.
In her annual report, MacPherson says the province has now run eight straight deficits increasing the province’s net debt to $14 billion…about $18,000 for each New Brunswicker. She says the deficits and growing debt are unsustainable and could impact the ability to meet future financial obligations.
Lawyers for former Africville residents will be in court today and tomorrow for a hearing on a proposed class action lawsuit against the city.
They argue there was inadequate compensation for residents when the city expropriated their homes in the 1960s for the MacKay bridge. The lawsuit has yet to be certified as a class-action. That’s what the hearings today and tomorrow will determine.