On March 23, 2022, Finance Minister Allan MacMaster tabled Nova Scotia’s 2022-2023 budget.
The estimates provided in the NS Budget 2022 show that the province projects a surplus of $107.7 million for the 2021-2022 fiscal year, compared to a $584.9 million deficit projected for the same fiscal year in the previous budget.
Fiscal results for the next four years are projected as follows:
Year |
Projected surplus/(deficit)
|
2022-23 |
($506.2 million) |
2023-24 |
($418.8 million) |
2024-25 |
($377.3 million) |
2025-26 |
($293.7 million) |
Visit our Budget 2022 hub to learn more about all federal and provincial budgets.