8:17 pm - Monday, October 21 2019
Home / News / Financial Measures (2018) Act Introduced

Financial Measures (2018) Act Introduced


Finance and Treasury Board Minister Karen Casey introduced the Financial Measures (2018) Act today, April 6.

The act provides the legislative authority to implement measures in Budget 2018-19, including a new Innovation Equity Tax Credit, and other administrative amendments. It is a routine part of the budget process.

“Budget 2018-19 makes important investments in health care, education, pre-primary and the economy while also being government’s third consecutive balanced budget,” said Ms. Casey. “This budget strengthens services and supports for Nova Scotians.”

Budget 2018-19 makes key investments in:
— health care to recruit more doctors and improve access to primary care
— education to expand pre-primary, improve classroom conditions, and fund recommendations for inclusive education
— communities to help people connect to the workforce and participate more fully in their communities and in the economy
— economic growth to building a more diverse economy through sector growth and innovation.

Budget 2018-19 also includes the Capital Plan, which invests $605 million in roads, schools, health-care facilities and other public infrastructure.

The Innovation Equity Tax Credit will create more investment in high growth Nova Scotian businesses that are well positioned for rapid scaling-up, for more employment, and for export growth.

The act also creates the Cannabis Tax Act, updates the Public Service Superannuation Act, reflecting the results of its five-year review, and makes administrative changes to six other existing acts.

For Budget 2018-19 information, see http://www.novascotia.ca/budget .


Source: Release

About Haligonia Editors

See news happening near you? Tell us. Click here to email our team.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...

images (1)

Flu Shot Now Available

**** HEALTH/WELLNESS Media Release Flu Shot Now Available ————————————————————— Every year countless people suffer from...

FB_IMG_1566302378470

Police involved fatality in Halifax

**** HRP Media Release Police involved fatality in Halifax Halifax Regional Police was responding to...

Leave a Reply

Your email address will not be published. Required fields are marked *