In 2022, the province’s population grew by 7.7 people for every home completed—the second-lowest ratio in Canada.
nova scotia budget
The budget projects a deficit of $278.9 million this year.
Most governments across Canada have recognized that it’s unfair to collect additional tax revenue on salary adjustments.
The available data suggest that many Nova Scotians would like to see their taxes reduced.
According to projections, the province’s debt will equal $17,685 per person.
The province's spending is projected to increase by $664 million over the next three years.
At last update, the province’s budget deficit was $440 million for 2021-22.