Highlights of Nova Scotia’s 2022-23 provincial budget

HALIFAX – Nova Scotia Finance Minister Allan MacMaster tabled a $13.2-billion budget for 2022-23 on Tuesday. Here are some highlights:

– Projected deficit of $506.2 million, increasing the province’s net debt to about $18.4 billion.

– The deficit is being driven by an increase in spending on health care, which is projected to rise by $413.4 million.

– An added $17.5 million will be allocated to perform 2,500 more surgeries, expand operating room hours and add hospital beds.

– The government is planning $15 million more for affordable housing programs.

– New taxes are being levied on smaller residential properties owned by non-residents.

– The province’s capital budget is a record $1.6 billion, with the bulk of money going towards hospital maintenance and redevelopment.

This report by The Canadian Press was first published March 29, 2022.