The Nova Scotia government projects net debt will increase by 23 per cent over three years.
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On a per-person basis, government spending will increase to $19,238, the highest of any province in Canada.
The province's program spending this year will increase by 6.2 per cent, a rate faster than population growth plus inflation.
This year, the province will spend a projected $548 million on provincial debt interest.
The province's net debt is projected to rise by more than $6 billion.
According to the budget, the province will run its second consecutive deficit in 2024/25.
The province has some of the highest personal income taxes in North America.
In Nova Scotia, government spending as a share of the economy averaged more than 60 per cent from 2007 and 2019.
The province's net debt is $31,749 per person, by far the highest level of any province in Canada.
An income gap of thousands of dollars per year makes a big difference for living standards and quality of life.
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