The Nova Scotia Progressive Conservatives gained a second consecutive majority authorities in Tuesday’s election. Premier Tim Houston made a collection of marketing campaign guarantees associated to housing, well being care and affordability.
Listed here are 5 most important guarantees from the re-elected Tory authorities:
— Lower the harmonized gross sales tax by one proportion level, to 14 per cent, by April 1.
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— Enhance the fundamental private exemption on the Nova Scotia revenue tax to $11,744 from $8,744.
— Impose a cap on electrical energy charge will increase that will likely be primarily based on the typical of charge hikes throughout the nation.
— Set up a 30-member provincial journey nurse workforce to assist areas with nursing shortages.
— Scale back the small enterprise tax charge to 1.5 per cent from 2.5 per cent, and improve the small enterprise tax threshold to $700,000 from $500,000.
This report by The Canadian Press was first revealed Nov. 26, 2024.
© 2024 The Canadian Press
