N.S. finance minister says Ottawa's budget will 'bear fruit in our province' - Action News
Home WebMail Wednesday, November 13, 2024, 04:21 AM | Calgary | -1.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Nova Scotia

N.S. finance minister says Ottawa's budget will 'bear fruit in our province'

The Nova Scotia government is pleased Ottawa is putting more money on the table for infrastructure projects and is beefing up housing programs, but Finance Minister Allan MacMaster says he's anxious to hear more about the federal government's plans for a national school food program.

Allan MacMaster pleased to see infrastructure funding, eager for details on school food program

A man in a suit holds papers, standing in front of Nova Scotia flags.
Finance Minister Allan MacMaster arrives at a news conference before tabling the provincial budget at the Nova Scotia Legislature in Halifax on Thursday, Feb. 29, 2024. (Darren Calabrese/The Canadian Press)

The Nova Scotia government's initial response to the federal budget introduced Tuesday in Ottawa was almost entirely positive, but the province's finance minister said officials in his department would need more time to study the Trudeau government's plans in detail.

"We're optimistic the investments they spoke about today will bearfruit in our province," Allan MacMastertold reporters Tuesday evening. "A renewed infrastructure fund that is something we can make use of in the province."

Like elsewhere in Canada, Nova Scotia is facing an affordable housing crisis, and the vacancy ratein the provinceis among the lowest in the country.

Tuesday's budget includes $8.5 billion in new spending for housing.

MacMaster said many municipalities across the province needto grow, and money set out in the budgetcould help them do just that.

"They needthat funding to help grow the infrastructure to increase housing in their local areas, so we're happy to see that," said MacMaster, who added hewas anxious to see how federal funds would dovetail with the plans he laid out in his spring budget.

The governing Progressive Conservatives passed that budget earlier this month in a sitting that lasted 20days.

MacMaster's fiscal planincluded more money for people with a disabilitywho receiveincome assistance, plans for a school lunch program that will take four years to roll out, and what the government describes as "significant investments" in health care.

Few details on national school food program

MacMastersaid hehad hoped to learn more Tuesday about the federal plan to create a national school food program, but "there were not a lot of details or indications on how costs will be shared."

He estimated the province's share of the program outlined in the federal budget would be about $6 million or about one-third the cost of the program the province is planning to roll outstarting next fall.

When it comes to infrastructure money, he estimated the province could receive $150 million, with another$30 millionavailable to municipalities.

Meanwhile, Ottawa's new defence policy,announced last week, includedan additional $8.1 billion in new defence spending over the next five years. Thepolicy, titled Our North, Strong and Free,committedan additional $73 billion in defence spending over the next two decades.

MacMaster noted that kind of spending would also benefit the province.

"We have a large military presence in this province so investments in defence are important to us," he said.