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The 300 million dollar capital plan to fix CBRM.

Nova Scotia Premiere Darrell Dexter

As you've been hearing in the news today, the Cape Breton regional municipality says it's facing a financial crisis. The municipality says the money coming in to the municipality is less than the money going out for expenses.

Mayor Cecil Clarke says without help from the provincial and federal governments, the situation is dire.

the mayor is outlining a new path forward refers to a 300 million dollar capital plan, and asking the province and Ottawa to contribute.

The money would pay for basic repairs and maintenance to roads, water and sewer and municipal halls and arenas.

The provincial share would be 75 million over 5 years.

Mayor Clarke met with premier Darrell Dexter yesterday to outline the request, and today, the CBC's Wendy Martin asked the premier for his response.

Listen audio (runs 4:00)