2013 Nova Scotia Budget Report

April 04, 2013

On April 4, 2013, the Honourable Maureen MacDonald presented her first budget as Minister of Finance. The government has completed its four-year plan to balance the budget, and has confirmed earlier announcements that it is bringing the province’s finances back to balance in the 2013-14 fiscal year. Under the plan, spending restraint has helped the government achieve its goal, which included keeping departmental spending under-budget and holding the average annual growth rate in spending relatively constant.

HIGHLIGHTS

  • Deficit of $356 million projected for 2012-13 fiscal year
  • Balanced budget for 2013-14 fiscal year
  • Small business rate reduction offset by decrease in small business limit
  • HST rate reductions to proceed

Download our full budget report

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