gov.ns.ca - Nova Scotia Canada - Government of Nova Scotia

Finance Highlights

Financial Measures (2012) Act Introduced

Finance Minister Graham Steele introduced the Financial Measures (2012) Act on April 12. This act puts budget commitments into law including lowering the small business tax, reducing the HST, and strengthening governance for the province's largest pension plan. A fact sheet can be found here.

2012-13 Budget Documents
Finance Minister Graham Steele tabled the 2012-13 provincial budget April 3, 2012. This budget illustrates that the government's fiscal plan is working.

2011-2012 Write-offs
As a routine accounting process, the province is writing off $38.4 million in debts that were considered unpaid or uncollectable as of March 31, 2012.

Additional Appropriations
Additional appropriations of $17,946,000 are needed as of March 31, 2012 to provide spending authority in four areas.

User Fees Will Not Increase in Budget 2012
Finance Minister Graham Steele has announced that user fees will not increase in Budget 2012. There are about 1,400 fees charged by government departments, a detailed summary of which can be found here.

Recent Publications

• Nova Scotia Economic Indicators - April 2012 »
• Labour Market Monthly - April 2012 »
• 2009 Demographic Update - Release #1: Census Families by Structure »
• 2009 Demographic Update - Release #2: Population Estimates by Economic Region »
• Consumer Price Index - March 2012 »
• Nova Scotia Business Statistics - 2009 »
• Nova Scotia Trade - 2008 »

2012-04-19
Amendments Harmonize Securities Legislation to National Standard
The province is improving investor protection through amendments to the Securities Act introduced today, April 19.

2012-04-12
Financial Measures (2012) Act Introduced
The province is putting tax cuts for small businesses and families into law. The Financial Measures (2012) Act, introduced today, April 12, by Finance Minister Graham Steele, also strengthens governance of the province's largest pension plan.

2012-04-04
Phase One of Fair Auto Insurance Implemented
The province's consumer-friendly auto insurance reforms, effective April 1, ensure all drivers in Nova Scotia enjoy greater benefits and will not face premium increases if they cover damage costs themselves.

2012-04-03
Province Approves Write-offs for 2011-12
The province is writing off $38.4 million in debts that were considered unpaid or uncollectible as of March 31, 2012.