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Finance Minister Allan MacMaster speaks on the 2023/24 budget (Province of Nova Scotia photo)

Analysis of budget spending points to population growth

By Kevin Northup Mar 24, 2023 | 10:30 AM

Rising immigration is playing a factor in Nova Scotia’s increased spending.

According to an analysis by Desjardins, the new budget maintains prior fiscal plans, and doesn’t really change the timeline on balancing the books.

They say some are worried about increased spending, but there are compelling arguments for the strategy.

Desjardins says with our province’s rapidly growing and aging population, pressure to maintain service like healthcare will continue.

They say the challenge will be delivering on the targets in an uncertain economic climate.

You can read the full report here.


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