how best to stimulate the economy while maintaining fiscal prudence?
It is important not to harm the economy or negate stimulus efforts. Reductions in government spending for operations or programs can have the effect of countering stimulus spending on capital projects. However, government must also adjust spending levels to meet longer term projections for the revenue base, while protecting core programs for citizens. Government is now considering where, when and how to focus its efforts to achieve the best economic supports to stimulate the economy. These may reside in capital spending, program spending, or tax measures. All of these measures are likely to have an impact on the province’s surplus or debt.
