The Canadian Press

2016-08-09 | NS Financial Update

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Nova Scotia's government says its final figures for the 2015-16 fiscal year show a smaller than anticipated deficit, in part due to delays in spending on health care and higher income tax revenues. finance Minister Randy Delorey says his government is carrying out necessary restraint on spending, but Tory Opposition critic Tim Houston says news that people are paying more in taxes isn't necessarily good news. (Delorey says he's pleased the deficit is much lower than a forecast of 71.2 million dollars, coming in at 10.7 million dollars. These are the final figures for that fiscal year; the province will provide a financial update on the spring budget in September.)

Date: 2016-08-09
Placeline: HALIFAX.
Source: The Canadian Press
Length: 9 seconds

Transcript Prediction: << if you tell me tax revenues going up because more people are working and more people are not I'll be happy if you tell me that left before working and tax revenues are going out that's not a good thing >>


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