{"id":48,"date":"2021-06-25T13:57:57","date_gmt":"2021-06-25T13:57:57","guid":{"rendered":"http:\/\/southshorenow.ca\/?p=48"},"modified":"2021-06-30T12:10:51","modified_gmt":"2021-06-30T12:10:51","slug":"documentation-of-nova-scotias-budget","status":"publish","type":"post","link":"https:\/\/southshorenow.ca\/2021\/06\/25\/documentation-of-nova-scotias-budget\/","title":{"rendered":"Documentation of Nova Scotia\u2019s Budget"},"content":{"rendered":"<p>The government of Nova Scotia has documented growth of 2 percent in harmonized sales tax. It has also presented the budget highlight of Nova Scotia as follows:<\/p>\n<ul>\n<li>2010-2011 total expenses are at $9.0 billion with a deficit of $222 million.<\/li>\n<li>There will be a rise of two percent up to 15 percent in harmonized sales tax, yielding to $215 million income this year. Additionally, the province will remove a portion of Harmonised sales tax on children\u2019s apparel as per new point-of-sale discounts.<\/li>\n<li>Households with annual earnings of less than $30,000 are eligible to receive rebates to balance the tax increase. The estimated amount is $240 for each household.<\/li>\n<li>\u00a0The 18 thousand seniors receiving the Guaranteed Income Supplement are no longer required to settle the provincial income tax. Savings of approximately 12.5 million dollars is expected for this plan.<\/li>\n<li>Since personal and corporate income taxes are the highest taxes in Canada, there will be no increase this year.<\/li>\n<li>For the next four years, the New Democratic Party will remove a thousand jobs in public services due to attrition.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The government of Nova Scotia has documented growth of 2 percent in harmonized sales tax. It has also presented the budget highlight of Nova Scotia as follows: 2010-2011 total expenses are at $9.0 billion with a deficit of $222 million. There will be a rise of two percent up to 15 percent in harmonized sales [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":49,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Documentation of Nova Scotia\u2019s Budget - South Shore &amp; Nova Scotia News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \>\n<link rel=\"canonical\" href=\"https:\/\/southshorenow.ca\/2021\/06\/25\/documentation-of-nova-scotias-budget\/\" \>\n<meta property=\"og:locale\" content=\"en_US\" \>\n<meta property=\"og:type\" content=\"article\" \>\n<meta property=\"og:title\" content=\"Documentation of nova scotia\u2019s budget - south shore &amp; 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