The Nova Scotia budget was forecast with a higher than anticipated surplus. Finance Minister Michael Baker warned that money would still be tight. What is the province's budgetary focus?

Trooper2196

The province is forecasting a higher budget surplus for 2007-08, with more funds earmarked for debt reduction. http://www.gov.ns.ca/finance/news/release.asp?id=20071228001 Jan 12 08, 4:47 AM

buddy21

BUT What is the province's budgetary focus? Jan 12 08, 9:10 AM

McGruff

I'm finding the same answer as above, debt reduction. HALIFAX _ Nova Scotia is forecasting a higher than expected surplus for the 2007-08 budget, but Finance Minister Michael Baker warned Friday that money will be tight for the remainder of the fiscal year. In his latest budget forecast, Baker has committed most of a projected $139 million surplus to debt reduction, leaving only $2.3 million for discretionary use, down from the $15.4 million that was budgeted. http://www.amherstdaily.com/index.cfm?sid=93412&sc=58 Jan 12 08, 9:14 AM

gtho4

The focus is "today and tomorrow", whatever that means. They were the words used by Finance Minister, Michael Baker, when he introduced the budget to the House. Nova Scotia House of Assembly March 23, 2007 : Honourable Michael Baker, Minister of Finance I rise in the House of Assembly to present the Province of Nova Scotia’s 2007–2008 budget. Mr. Speaker, this is a good budget for Nova Scotia. It is a budget that is focused on today and tomorrow. It is an effective plan—one that advances the Premier’s vision for the New Nova Scotia: [o] one that will create winning conditions through a globally competitive business climate, workforce, and connections [o] one where we can seize new economic opportunity by being a leader in information technology, research and development, innovation, and in the clean and green economy, and [o] one that will support Nova Scotians in their efforts to become healthier and more active, in safe and accessible communities, neighbourhoods, and workplaces Mr. Speaker, the budget is disciplined and it is strategic. We have contained costs. At the same time, we are making significant investments in this province and its people that will create opportunities for many years to come. http://www.robertbrakel.com/prandth/0307/03link8a.html Jan 12 08, 1:22 PM