Budget documents include the budget address, highlights, bulletins, estimates and business plans for the 2019 to 2020 fiscal year. The budget does not change Nova Scotia personal income tax rates. Nova Scotians want to be self-sufficient and able to provide for their families. “Budget 2020-21 supports Nova Scotians who may not have been feeling the success of the province. Hearing the thoughts and priorities of Nova Scotians is an important part of the budget process. Budget 2020–21 is government’s fifth consecutive balanced budget. Budget 2020-21 highlights that will benefit Southern Nova Scotia include: Nova Scotia Budget 2020-21 Invests in Annapolis Valley. It continues to build on a strong fiscal foundation that allows government the capacity to provide the programs and services that are important to Nova Scotians and the flexibility to ensure government can respond to increased need and unexpected circumstances. Families with incomes below $34,000 will now be eligible, benefiting almost 28,000 families and 49,000 children, $17.3 million this year to fully fund the Standard Household Rate so that people receiving income assistance will get the maximum amount they are eligible for, $7.6 million increase to support youth with complex needs, $1.9 million to expand prevention and early intervention child welfare programming for children and families at risk, $1.5 million for residential placements and programming supports to protect sexually exploited youth. Budget 2020-21 estimates a surplus of $55 million with revenue of $11.60 billion and expenses, after consolidation adjustments, of $11.54 billion. One Member speaking on behalf of the Official Opposition and one Member speaking on behalf of each recognized party respond to the Budget Address. It also projects balanced budgets in each of the following three years.

Hearing the thoughts and priorities of Nova Scotians is an important part of the budget process. Families with incomes below $34,000 will now be eligible, benefiting almost 28,000 families and 49,000 children, $18.7 million increase for the second year of initiatives to provide safe, suitable and affordable housing under the Nova Scotia Action Plan for Affordable Housing, part of the National Housing Strategy, and other housing priorities, $4.1 million increase for the Integrated Action Plan to Address Homelessness, $10 million increase for J-class roads maintenance, $5.3 million increase to enhance long-term care in the province, for total long-term care funding of $612.4 million, $70.5 million to reduce the Corporate Tax Rate by two per cent to 14 per cent to help Nova Scotia businesses become more competitive, innovate, reinvest in their businesses and grow, $10.5 million to reduce the small business tax from three per cent to 2.5 per cent, savings which helps companies invest back into their businesses and employees, $15 million increase to continue implementing the recommendations from the Commission on Inclusive Education to create a more inclusive education system for all students, bringing the total investment to $45 million, Budget 2020-21 contains $1.04 billion for capital projects including schools, roads and highways, the budget also contains the final forecast for 2019-20, which updates the surplus to $41.1 million, additional appropriations related to the forecast, totalling $133 million, account for unplanned spending by nine departments and assistance to universities. $1.6 million for the start up of a Green Fund to support programs to prepare for climate change including: the Building Regional Adaptation Capacity and Expertise (BRACE) program, the development of a new Climate Change strategy.



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