Friday, November 02, 2007

Nova Scotians are truly in their debt

While Mark Warner and Brent Barr are apparently not appropriate candidates for the Conservative Party, former Nova Scotia Finance Minister Greg Kerr is, and, deserving of a visit from the Prime Minister .


Some of Mr. Kerr's background:

* when the Nova Scotia Progressive Conservatives took office in 1978, the provincial debt was less than a billion dollars and the then Liberal Government of Gerry Regan ran a surplus of $14 million.

-- for most of the next 15 years, Greg Kerr was the Minister of Finance (Premier Buchanan took on the role himself in the first two years) and then-Premier Donnie Cameron shuffled him out in 1991.

-- under Greg Kerr's watchful eye, Nova Scotia's debt grew to more than $8 billion and every year NS ran deficits running from tens of millions to hundreds of millions of dollars. It was considered a "good news story" if, in his budget address, Greg Kerr said he anticipated a deficit of, for example, "only" $40 million (which, always turned out to be double or more).

-- in June 1990, the lid blew off the Buchanan Regime with the testimony of Michael Zareski before the Public Accounts Committee. Zareski accused Kerr of ensuring that he got final say on all hiring at the Upper Clements Theme Park, a government created project in his riding. -Daily News: June 28, 1990; Chronicle Herald: June 27, 1990

-- 1994: The Waverley Village Commission claimed that Greg Kerr had abused his power in August 1992 when he was the Acting Minister of Municipal Affairs by granting an exemption to Tidewater Construction to open the Waverley quarry without a public hearing. - Daily News: February 2, 1994

Hat Tip to G-mac

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