N.S. budget deficit improving

The province is forecasting a budget-deficit of over $247 million.

That’s a nearly $220 million improvement from the initial forecast.

In his first update as Finance Minister, John Lohr says their biggest investments continue to be in healthcare.

“We’ve continued to invest in healthcare workers, expand diabetes programs and services, and open more pharmacy primary care clinics, a new transitional care centre in West Bedford, and a new MRI suite in Halifax,” said Lohr.

Lohr says he’s two weeks into the job, but he’s impressed with the department.

“We’re monitoring trends carefully, and we’re taking a fiscally responsible approach. In Nova Scotia, we work together and find solutions quickly.”

He says Nova Scotians made it clear in the election, they want the PCs to continue their work and invest in things they care about.

Revenue is expected to rise by $642 million because of an increase in provincial tax, investment income and recoveries.

The federal tax-holiday is expected to cost the province $82 million.

Chender wants more transparency

Meanwhile, opposition leader Claudia Chender says there’s no transparency in the update.

She says it shows we’re on track for a billion dollars in additional appropriations for this fiscal year.

The NDP leader says Nova Scotians deserve to know how their money is being spent.

Chender also noted underspending on housing and child care.

She’d also like to see tax permanently removed off items at the grocery store.