Executive summary
On 29 March 2022, Nova Scotia Minister of Finance and Treasury Board Allan MacMaster tabled the province’s fiscal 2022/23 budget. The budget contains several tax measures affecting individuals and corporations.
The Minister anticipates a deficit of CA$506 million1 for 2022/23 and projects deficits for each of the next three years.
The following is a brief summary of the key tax measures.
Detailed discussion
Business tax measures
Corporate income tax rates
No changes are proposed …