Province won’t balance books until 2017-18
$110.2 billion in deficit spending over eight years
Spending surpasses revenue in 2010 budget
Tax cuts cancelled
Budget expected to provide a road map for province to rebalance the books
Investors will applaud province for keeping a firm hold on finances
Provincial deficit forecast at $1.7 billion
Provincial deficit forecast at $1.7 billion
$1.3 billion in cuts; no tax increases
Deficit is almost entirely due to the impact of the recession, Finance says