2013 Nova Scotia Budget Report

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