
N.S. surplus boosted by marijuana sales, as province plans modest spending hikes
HALIFAX — Nova Scotia’s Liberal government is counting on cash from marijuana sales to help it deliver a third consecutive balanced budget, which includes modest spending increases for a heavily stressed health system.
Overall, the province is projecting a $29.4-million surplus on a $10.8-billion budget, as it continues to make progress on debt control.
A fair slice of the estimated surplus — roughly $20.8 million in fresh taxes and duties from projected sales of about 12 million grams of recreational cannabis — depends on Ottawa getting the legalized marijuana system underway across the country.
Finance Minister Karen Casey said there are “still a lot of unknowns” on cannabis sales, and cautioned “we are not looking to make money” from them.