Thank you, Mr. Chair. Prior to getting the new estimates in late December on personal tax, so in ’13-14 we would have been estimating to get about $107 million in personal income tax, and in ’13-14 we are now looking at $87 million in personal income tax. If the Member looks at the main estimates revenue page back last year, we would have been estimating $98 million at this time last year, and then as the year went on the federal government would have provided additional estimates throughout the year, and as late as the end of November we were looking at $107 million in personal income tax, according to the information provided by the federal government. Then in January, when we got revised numbers based on actual returns to date, the federal government revised its estimate to $87 million, which is what you see here. But we were looking, originally, in ’13-14, at $107 million. At the same time, we were looking at $110 million in ’14-15, based on those previous estimates and that is now down to $105 million for ’14-15. Thank you.
Mr. Aumond on Committee Motion 14-17(5): Deferral Of Minerals And Petroleum Resources Activity, Defeated
In the Legislative Assembly on February 25th, 2014. See this statement in context.
Committee Motion 14-17(5): Deferral Of Minerals And Petroleum Resources Activity, Defeated
Consideration in Committee of the Whole of Bills and Other Matters
February 24th, 2014
Aumond
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