Premier Kathy Dunderdale’s year-end talking points for 2012 were pretty grim.
As she told CBC’s David Cochrane, the provincial government is facing an enormous deficit. The deficit is the result not of government spending but of the up-and-down nature of the commodities on which government revenues depend.
The result is that government will have to raise taxes or cut jobs or some combination of both in order to cope with the deficit next year.
This should sound awfully familiar to people.