Nova Scotia deficit projected to be $48 million higher than budgeted in March | SaltWire Today
SaltWire Network | Posted: 10 hours ago | Updated: 1 hour ago | 6 Min Read
He said the province has seen strong economic recovery in the third year of the pandemic, but"we know real challenges still exist, such as skilled labour shortages, and unprecedented global and national pressures that are driving up costs." The Justice Department is now on track to be $16.8 million over budget, primarily because of $10.4 million in expenses for the Mass Casualty Commission public inquiry. There is also a $1 million more because of an increased workload on the medical examiner’s office.
“From a budget perspective we know we’re going to have to pay more if we want to complete projects, but I know in the case of Health it is a significant focus of our government to fix the health-care system and there are generational investments that need to be made and we plan to move forward with them.”“Most of the delays we see are having to do with buildings.
“I’m always concerned when I see events like this and they cause our staff to spend more money on things we’d rather spend in other places, but those measures do give me some confidence that the impact on provincial finances will be mitigated.” He said what jumped out at him the most was the $65 million dollar hit the government took when it backed down on the property tax hike for out-of-province property owners.
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