Budget 2017-2018: Investments in Annapolis Valley

Finance and Treasury Board

April 27, 2017 1:40 PM

Communities in the Annapolis Valley area will benefit from improvements to education, infrastructure and health care as part of investments in Budget 2017-2018.

“Our budget focuses on helping prepare our children, youth and young adults for opportunities to succeed here at home knowing that when we help families, we help strengthen our province,” said Finance Minister Randy Delorey. “We are also including supports for our aging population that will help older Nova Scotians stay involved and connected to their communities, promote healthy living, and keep older adults in the workforce.”

Government also announced major road improvement projects for the 100-series highways over the next seven years, including twinning Highway 101 from Three Mile Plains to Falmouth, including the Windsor Causeway.

Highlights in Budget 2017-2018 for the Annapolis Valley include:
-- funding for a new P-12 school in Bridgetown
-- renovations to Wolfville School
-- funding for a new dialysis unit for Valley Regional Hospital
-- upgrades on Highway 101, between Digby and Marshalltown
-- funding for the planning, design and construction of a satellite dialysis unit in Kentville
-- renovations for a second operating room at Hants Community Hospital in Windsor
-- funding to support the Grand-Pre 2017 celebration

The Annapolis Valley area will also benefit from provincewide investments including:
-- reducing taxes for more than 500,000 people through an increase of up to $3,000 to the basic personal amount, for incomes up to $75,000
-- increasing the small business tax threshold to $500,000 from $350,000, reducing taxes for 1,800 small businesses
-- support for the recruitment and retention of doctors
-- a three-year investment in SHIFT: Nova Scotia’s Action Plan for an Aging Population
-- funding to increase access to affordable housing, in partnership with the federal government
-- a new target to reduce red tape for businesses
-- enhancements to the Graduate to Opportunity program to help recent graduates land their first job in Nova Scotia
--30 new pre-primary sites with early learning programming for four-year-olds with a plan to expand to provincewide in four years
-- funding to hire school psychologists and speech pathologists
-- the expansion of the reading recovery program in schools and an increased investment in coding and computer skills initiatives for primary to Grade 12 students
-- improvements to rural Internet access

Budget 2017-2018 projects a $136.2 million surplus. The surplus includes a one-time revenue increase of $110.3 million because of federal and municipal contributions for the convention centre in Halifax. The $110.3 million will go towards the debt to provide the fiscal capacity to launch a multi-year development of the QEII Health Sciences Centre, enhancing care for Nova Scotians and Atlantic Canadians. The resulting net position is $25.9 million.

Revenue and expenses, including consolidation and accounting adjustments, are both estimated to increase by 3.1 per cent from Budget 2016-2017.

Government will invest $515 million in roads, schools, health care and public infrastructure in 2017-2018 through the capital plan.

For more information about the 2017-2018 provincial budget, visit www.novascotia.ca/budget.


FOR BROADCAST USE:

     Communities in the Annapolis Valley area will benefit from

improvements to education, infrastructure and health care as

part of investments in Budget 2017-18.

     Finance and Treasury Board Minister Randy Delorey says the

budget focuses on helping prepare children, youth and young

adults for opportunities to succeed at home, and includes

supports for an aging population.

     The budget projects a $136.2 million surplus. The surplus

includes a one-time revenue increase of $110.3 million because

of federal and municipal contributions for the convention centre

in Halifax. However that will go towards the debt to help launch

a multi-year development of the QEII Health Sciences Centre. The

resulting net position is $25.9 million.

     Revenue and expenses (including consolidation and

accounting adjustments) are both estimated to increase by 3.1

per cent.

     Government will invest $515 million in roads, schools,

health care and public infrastructure.

     For more information about the 2017-2018 provincial budget,

visit novascotia DOT ca SLASH budget.

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Media Contact: Marla MacInnis
              902-424-2917
              Cell: 902-499-6428
              Email: marla.macinnis@novascotia.ca