Highlights of the 2017-18 Nova Scotia provincial budget
HALIFAX — Highlights of the 2017-18 budget for Nova Scotia:
– Nova Scotia is bringing in a $25.9-million surplus, the second in a row, on a budget that projects $10.5 billion in spending.
– Taxes will be reduced an average of $160 for 500,000 low and middle-income earners by increasing the basic personal exemption by up to $3,000 for taxable income up to $75,000 effective Jan. 1, 2018.
– An additional 60,000 people will no longer pay provincial income taxes by Jan. 1 next year.