Thursday, October 20, 2005
Right hand meet left hand
Almost 100,000 households in Saskatchewan will be eligible for a federal cash payment to help cope with rising energy costs. The Government of Canada's program, which was announced earlier in the month, provides a cheque to low-income families and seniors. Federal officials say all families that receive the National Child Benefit will get a cheque for $250.
Meanwhile, with Saskatchewan's natural gas rates on the rise, millions of extra dollars will be flowing back to Ottawa. SaskEnergy has applied for a 41 per cent increase that would take effect in November. If the rates are approved, the extra GST revenue for Ottawa would be roughly $13 million over 12 months.
One step forward, two steps back.
Meanwhile, with Saskatchewan's natural gas rates on the rise, millions of extra dollars will be flowing back to Ottawa. SaskEnergy has applied for a 41 per cent increase that would take effect in November. If the rates are approved, the extra GST revenue for Ottawa would be roughly $13 million over 12 months.
One step forward, two steps back.
# posted by Shaky @ 3:01 a.m. 
