The NSEF held an important meeting to discuss if the group should attend a zoom meeting with the Department of Finance, the Department of Justice and MP Mike Kelloway, regarding equalization fairness. The issue is that Mike Kelloway has sent an email stating that the NSEF is not allowed to record this meeting for the public to view.
We hope you will watch this meeting and contact Mike Kelloway at: [email protected] to ask him to allow this meeting to be made public.
The NSEF has had many years of meeting with politicians, but most refuse to go on record when discussing equalization fairness. The province has determined that 51% is due to the CBRM but they have capped the provincial program at $30 million (CBRM receives $15 million) when they are actually receiving over $2.14 billion.
Cape Breton and rural Nova Scotia is generating this revenue for the province, and the province should be accountable for where and how it is spent. We were hoping to bring you the recorded details of this important meeting but when you watch the video, you will see how most board members think about having this meeting undocumented. It has been identified that 23.1% of the total transfer is generated because of a Municipal deficiency in tax capacity related to property. The total amount that should be distributed to the municipal "have not units" around the province is $495 million not $30 million. This explains why 5 towns have dissolved and others considering the same process. Thank you for your time.
Email Mike Kelloway at [email protected] to ask him to allow this meeting to be made public.
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