N.s. Finance Minister Expected To Cut Spending In Next Week’s Provincial Budget - Beritaja

Albert Michael By: Albert Michael - Saturday, 21 February 2026 00:26:26

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By The Staff BERITAJA

Posted February 20, 2026 12:26 pm

Nova Scotians are bracing for authorities spending cuts arsenic Finance Minister John Lohr gets group to present his fund connected Monday for the caller fiscal year.

Lohr said successful December he had asked each authorities departments what a 10 per cent rollback of programs and grants would look like, but said he would apt not judge each recommendation.

The authorities has already started cutting immoderate services, announcing Thursday it was closing 3 provincial museums arsenic good arsenic respective tourer accusation centres.

The curate has already ruled retired taxation and interest increases.

Governments crossed the state are struggling to equilibrium the books and Nova Scotia’s original $700-million shortage for the existent fiscal twelvemonth had grown to almost $1.3 cardinal arsenic of December.

In January Premier Tim Houston said the shortage had climbed to $1.4 billion.

 'Nova Scotia shortage projection rises by much than 70 per cent to grounds $1.2 billion'

1:56 Nova Scotia shortage projection rises by much than 70 per cent to grounds $1.2 billion

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