Nova Scotia Budget Report 2017
April 27, 2017
Update: Learn about the September 26, 2017 Nova Scotia Budget Report
On April 27, 2017, the Honourable Randy Delorey presented his second budget as Nova Scotia’s Finance and Treasury Board Minister. As projected, the 2016-17 fiscal year will finish in a surplus, and a surplus is also projected for 2017-18. With an election around the corner, this budget includes new spending on infrastructure, healthcare and education.
HIGHLIGHTS
- Surplus of $41 million projected for 2016-17 fiscal year
- Surplus of $136 million forecast for 2017-18 fiscal year (net surplus of $26 million)
- Small business limit increased to $500,000
- Basic personal amounts increased for low and middle income taxpayers
- No income tax or HST rate increases