News Release Archive

FINANCE--FIRST QUARTER RESULTS
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Finance Minister Bill Gillis said today extra money for health
care has been found without putting the province back into a
deficit. Mr. Gillis says a combination of program cuts and
savings on debt charges keeps the government's balanced budget on
track. The Department of Health has been given an extra $64
million dollars. The money will be used primarily for hospitals,
payments to doctors, pharmacare and home care. The funding comes
from a series of government decisions to defer or delay some
non-essential spending. The government is also lowering it's
estimate on the amount of interest it will have to pay to service
debt. The government is projecting a surplus of just over $1
million for the year ending March 31, 1997.

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Contact: Bruce Cameron  902-424-8787
         E-mail: cameronb@gov.ns.ca

EDITORS NOTE: The Minister's Statement on this may be found at
the Department of Finance Website - https://novascotia.ca/fina/
or by calling Communications Nova Scotia at 902-424-4492 or
1-800-670-4357.

trp                  Sept. 19, 1996 - 1:35 p.m.