Just two weeks after Premier Shawn Graham's Liberal government raised personal and business taxes it announced a plan yesterday to bail out the caisse populaire in Shippagan, which is foundering in a sea of debt.
Mr. Volpé said taxpayers have no hope of return from the $60-million package, which includes funds to support the credit union system in the province in addition to bailing out the Shippagan operation.
The Tories also accused the Liberals of playing politics since former Liberal premier Camille Thériault is chief executive officer of the Acadian credit union federation, which will oversee the Shippagan operation.
Mr. Volpé said New Brunswickers will be upset knowing that the tax increases announced in the budget this month will be going to bail out a financial institution.
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