US EditionN.S. budget includes reserve fund, tax cuts amid U.S. tariff threats
- The Nova Scotia government has introduced a $17.6 billion budget that includes a reserve fund to be used if the U.S. President imposes tariffs.
- Finance Minister John Lohr forecasts a $697.5 million deficit for the 2025-26 fiscal year, which may increase if the reserve fund is utilized.
24 Articles
24 Articles
Prince George Citizen
Nova Scotia budget includes reserve fund, tax cuts amid U.S. tariff threats
HALIFAX — The Nova Scotia government has introduced a $17.6-billion budget that includes major tax cuts and a reserve fund to be used if the U.S. president makes good on his threat to impose crippling tariffs on Canadian exports.
NS Budget: Reserve Fund, Tax Cuts Amid US Tariff Threats
The Nova Scotia government has introduced a $17.6-billion budget that includes major tax cuts and a reserve fund to be used if the U.S. president makes good on his threat to impose tariffs. Finance Minister John Lohr brought forward a budget Tuesday forecasting a deficit of $697.5 million for the 2025-26 fiscal year—a figure that could rise if the $200-million reserve fund needs to be used. “The threat of U.S. tariffs continues to loom over us. …
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