Just the three big revenue streams that Houston cancelled — $272.4 million for HST (that benefits those with the money to allow them to be big spenders), $160 million for income tax bracket changes, $40 million for bridge tolls (that primarily benefit people in HRM but have to be made up for by everyone in the province) — add up to $472.4 million.
The cuts save the provincial government just $304.9 million.
With the tolls now gone, the province is budgeting $120.1 million for Halifax Harbour Bridges.
No matter how you slice and dice it all, the fact is that Houston-the-professional-accountant seems to have badly messed up the province’s accounts.