On February 25, 2020, Finance Minister Karen Casey tabled Nova Scotia’s budget for the 2020-21 fiscal year. Budget 2020 is the fifth consecutive balanced budget presented by Nova Scotia’s Liberal government, with an estimated surplus of $55 million.
The estimates provided in Budget 2020 show that the province’s surplus for the 2020-21 fiscal year is $3.1 million more than the surplus projected for the same fiscal year in the previous budget.
Budget 2020 includes a capital plan that invests the largest capital funding in Nova Scotia’s history in a single year. The investments are targeted to improve access to health care, schools, highways and public infrastructure.
The government is projecting surpluses over the next four fiscal years as follows: