Newspaper article The Canadian Press

Nova Scotia Finance Minister Unveils 2016-17 Budget with $17.1 Million Surplus

Newspaper article The Canadian Press

Nova Scotia Finance Minister Unveils 2016-17 Budget with $17.1 Million Surplus

Article excerpt

N.S. tables 2016-17 budget

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HALIFAX - The Nova Scotia government has tabled its 2016-17 budget with a razor thin surplus of $17.1 million mainly due to increases in personal income tax revenues.

The government is largely holding the line on departmental spending while promising modest amounts for new spending initiatives including $6.6 million for childcare.

The money for childcare will go toward improving the parent subsidy and to increase wages for early childhood educators, although the amount of the increases won't be released until Education Minister Karen Casey gives her official response to a recent report within the next week.

Another $7.5 million will go towards increasing income assistance by $20 a month beginning May 1 for up to 25,000 people who are eligible.

Other measures include $3. …

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