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March 26, 2021

Nova Scotia budget 2021-22 discussed

Nova Scotia Minister of Finance and Treasury Board Labi Kousoulis tabled the province's fiscal 2021-22 budget on March 25. The budget contains no new taxes and no tax increases. The minister anticipates a deficit of $584.9 million for 2021-22 and projects deficits for each of the next two years.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.


Full text of Tax Alert