Release of 2024 Nova Scotia Budget

Nova Scotia Minister of Finance and Treasury Board Allan MacMaster tabled the province’s 2024 budget today. This year’s budget, titled Building Nova Scotia, Faster, is focused on managing the cost of living, action for health care, and building a skilled workforce to support more housing and a healthy economy.

The government retained its commitment to delivering on previously announced tax measures, including the Purpose-Built Rental Housing Rebate, which will apply to the provincial portion of the HST on purpose-built rental housing projects started on September 14, 2023, through December 31, 2030. Construction of these projects must be completed by December 31, 2035.

Other highlights of the 2024 Budget include:

  • $84.6 million for initiatives under the Supportive Housing Action approach and other programs to address homelessness, including:
    • more supportive housing units
    • new supportive housing locations throughout the province
    • operational funding for shelter service providers
    • 100-bed shelter in Dartmouth
    • 70-bed shelter in Halifax
    • a new shelter exclusively for 2SLGBTQIA+ clients in Halifax
    • emergency shelter and support services for youth
  • $5 million more, for a total of $23.8 million, for the Home Repair and Adaptation Program to help more low-income homeowners
  • $26.5 million this year to provide the Seniors Care Grant to help older Nova Scotians stay in their home and communities

See the new budget for yourself on the government’s website:

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