Connect with us

Economy

Houston Government Delivers on Key Campaign Promises in Budget 2025

Published

on

The Houston government is following through on many of its key campaign promises with Budget 2025, aimed at making life more affordable for Nova Scotians while strengthening the economy. From tax cuts to free hospital parking, the budget delivers significant savings and improvements for residents across the province.

Lower Taxes, More Savings

Budget 2025 includes more than $500 million in tax-saving measures, including a 1% reduction in the HST starting April 1, 2025. This move puts money back into the pockets of Nova Scotians while helping businesses grow. Additionally, the basic personal amount will increase from $8,744 to $11,744, and tax brackets will be indexed starting January 1, 2025. These changes are expected to save an average family over $1,000 per year.

Free Hospital Parking & Healthcare Investments

The government is making good on their promise to make healthcare more accessible by eliminating hospital parking fees for employees, patients, and visitors at Nova Scotia Health hospitals and the IWK. Additionally, the budget commits $26.9 million to deliver free shingles vaccines to seniors aged 65 and older, fulfilling another key campaign promise. Investments in major healthcare projects, including the Halifax Infirmary Expansion and Cape Breton health redevelopment, continue to be a top priority with $750.9 million allocated.

Cutting Costs and Raising Wages for Everyday Nova Scotians

Budget 2025 removes tolls from the Angus L. Macdonald Bridge and the A. Murray MacKay Bridge in Halifax, easing the financial burden on thousands of commuters. The minimum wage will also rise to $16.50 on October 1, 2025, following an initial increase to $15.70 in April.

Boosting Jobs & the Economy

The Houston government is delivering on its commitment to create good-paying jobs, investing $49.5 million into a $100 million plan to expand the skilled trades workforce. Additionally the PCs are investing $39 million to continue supporting the Nova Scotia film industry, met with open arms by members of the industry.

Investing in Housing

The Houston government continues, the budget dedicates $88 million toward building, renovating, and maintaining public housing—the first significant new public housing investment in over 20 years. A rebate on the provincial HST for new rental housing will also help spur construction.

A Government That Delivers

Premier Tim Houston campaigned on affordability, job creation, and healthcare improvements, and Budget 2025 demonstrates his government’s commitment to those priorities. With meaningful tax cuts, lower costs for families, and investments in healthcare and infrastructure, the budget sets a strong foundation for a more prosperous Nova Scotia.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Nova Scotia Welcomes Major Agropur Expansion in Bedford

Published

on

Nova Scotia is set to strengthen its agri-food sector with a significant investment from Agropur dairy co-operative, as the business moves forward with a major expansion of its Bedford facility. The project is expected to bolster the province’s dairy industry while creating skilled-trade jobs during the construction phase.

Premier Tim Houston praised the decision, highlighting the alignment between Agropur’s growth strategy and the province’s broader economic goals.

“Nova Scotia is a great choice for Agropur’s expansion,” said Houston. “Agropur’s strong commitments to market diversification and growth align with our government’s plan to grow our economy and support the success of our people.”

Once complete, the upgraded Bedford site will serve as a key dairy ingredient processing hub. It is positioned to play a strategic role in supplying locally produced dairy proteins to meet rising national demand for protein-enriched products. The expansion will also introduce a new butter processing line, further enhancing production capacity.

The new facility is expected to open in 2028, marking a long-term investment in the region’s agricultural and manufacturing sectors.

Agropur already has a strong presence in Nova Scotia, employing more than 400 people across its Bedford and Truro operations. The expansion is anticipated to reinforce that footprint while supporting dairy farmers throughout Nova Scotia and the broader Maritime region.

Agriculture Minister Greg Morrow emphasized the importance of the project for local producers and the industry’s future.

“This is a great day for dairy farmers in Nova Scotia,” said Morrow. “The new plant is a strategic investment in local milk and milk products and will support the industry in looking at value-added projects and market and product diversification.”

The development signals growing confidence in Nova Scotia’s agri-food sector and its ability to compete in evolving domestic markets–thanks to investments from the province’s PC government.

Continue Reading

Economy

Nova Scotia Simplifies Student Loan Repayment with Automatic Interest-Free Support

Published

on

Nova Scotia graduates will no longer need to reapply each year to keep their provincial student loans interest-free, following a new change aimed at reducing paperwork and improving access to support.

The PC government has streamlined its zero per cent interest program so that all new graduates who qualify will automatically continue receiving the benefit throughout their repayment period. The update removes the previous requirement for borrowers to submit annual applications to confirm eligibility.

“Graduates should be able to focus on the new, exciting stage they are starting – not worrying about whether they have filled out the paperwork to keep loan repayment affordable,” said Brendan Maguire, Minister of Advanced Education. “By removing the need to reapply each year, we’re making the zero per cent interest program simpler and more reliable for the Nova Scotians who depend on it.”

The program is designed to support graduates who choose to stay in Nova Scotia after completing their studies. Until now, participants were required to reapply annually to verify they still met the criteria, creating an added administrative step that could interrupt support if missed.

With the new approach, eligible borrowers will experience uninterrupted access to interest-free repayment, helping them stay focused on paying down their loans. The Province has already notified individuals currently repaying provincial student loans of the change via email.

Officials say the update is part of a broader effort to cut red tape and improve service delivery across government programs, making it easier for Nova Scotians to access the support they need.

Continue Reading

Economy

Approval Issued for New Work at Touquoy Mine Site

Published

on

Atlantic Mining Nova Scotia has received approval to begin new work at the Touquoy gold mine site in Moose River, Halifax County, allowing the company to process previously stockpiled ore.

The industrial approval, issued April 10 by the PC government’s Department of Environment and Climate Change, permits the processing of approximately three million tonnes of gold-bearing ore that has remained on site since operations ceased in 2023. No new mining or extraction will take place, and all work will be limited to the site’s existing disturbed footprint.

Processing is expected to take between 10 and 14 months. As part of the plan, all resulting waste material will be returned to the site’s existing open pit.

The project is expected to deliver economic benefits to the province, including the creation of about 197 jobs and an estimated $151 million contribution to Nova Scotia’s gross domestic product.

Reclamation of the Touquoy site began in 2024 and will continue during this phase of work. While activity in the mill area will be temporarily paused to allow for processing, cleanup efforts will proceed in other parts of the site.

To ensure the site is fully restored, the Province continues to hold a $79.9-million bond from Atlantic Mining. The bond is in place to guarantee that reclamation is completed in accordance with the Environment Act.

The approval allows previously extracted resources to be processed while maintaining environmental safeguards and ongoing site rehabilitation.

Continue Reading

Trending

Copyright Nova Scotia Current