LOCAL NEWS, DELIVERED DAILY. Subscribe to our daily news wrap and get the top stories sent straight to your inbox every evening.

N.S. Liberal budget opens spending taps as province faces flattening economy

Feb 25, 2020 | 9:33 AM

HALIFAX — Nova Scotia’s Liberal government is opening the spending taps on infrastructure in its fifth consecutive balanced budget, as economic growth is expected to drop sharply this year.

The 2020-21 budget tabled today features $11.5-billion in spending with a modest surplus of $55-million and a record capital plan of just over $1-billion for schools, highway twinning and hospital renovations and redevelopment.

The government is adding $54.3-million more to the Community Services Department budget, mainly aimed at increasing access to child benefits and raising the limits for housing expenses in welfare programs.

Businesses are receiving a tax break with a reduction in the corporate and small business taxes at a combined cost to the province of just over $80-million.