The provincial finance minister says increased expenses in the 2023-24 budget reflect increased
Finance and Treasury Board Minister Allan MacMaster . (Communications Nova Scotia photo)
investments on a number of matters.
On Thursday, Allan MacMaster, who is also the MLA for Inverness offered an update on the 2023-24 provincial budget, forecasting a deficit of $402.7 million for the current fiscal year. Expenses are projected to be $15.2 billion, a jump of $363 million from the budget estimate.
MacMaster said it is still early in the fiscal year, with another budget update set for December.