N.S. finance minister tables Financial Measures Act, says he has COVID-19
Finance Minister Allan MacMaster has tabled the Financial Measures Act in the legislature.
The Act provides the legislative authority to implement the measures that have financial consequences in the spring budget, which was introduced last week.
The budget contains tax measures including the Non-Resident Deed Transfer and Property Taxes Act which is expected to generate $81 million in revenue.
There is also a refundable tax credit for children’s sports and arts activities which is estimated to cost $4.7 million in the 2022-23 fiscal year.
The finance minister also said he has contracted COVID-19.
MacMaster told reporters Friday via video link that he’s recovering from a mild case of the disease at his home in Cape Breton.
He said he first began to experience symptoms on Monday.
The Nova Scotia legislature scaled back to a hybrid sitting on Tuesday after as many as six members and staff had reportedly been sidelined by the virus late last week.
(The Canadian Press)
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