Posted inEconomy, Government, Province House

Nova Scotia posts record surplus of $351 million for last fiscal year

Nova Scotia’s economy wasn’t as hard hit by the pandemic as economists predicted. Instead of a $585 million budgeted shortfall for the fiscal year 2021-2022, the province finished with a $351 million surplus. That’s a dizzying turnaround of $936 million — the largest change or variance from one budget to another in Nova Scotia history. […]