Nova Scotia’s Finance Minister delivered the province’s 2026 budget on February 23, 2026. The budget anticipates a deficit of $1.25 billion for 2025-26 and projects deficits of $1.19 billion for 2026-27 and $1.05 billion for 2027-28. The budget does not include changes to the province’s corporate or personal income tax rates. The budget extends the Capital Investment Tax Credit to December 31, 2035 and increases the Financial Institutions Capital Tax (FICT) to 6% (from 4%), among other changes.
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