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Federal transfers marginally improve N S government s bottom line

Posted: Dec 17, 2020 11:36 AM AT | Last Updated: December 17, 2020 Nova Scotia Finance Minister Karen Casey is shown in February.(Andrew Vaughan/The Canadian Press) The Nova Scotia government s finances continue to be pummeled by the pandemic, but a larger than expected transfer of cash from Ottawa means they are in slightly better shape than what was projected in the summer. While that is a deep fiscal hole to fill, Finance Minister Karen Casey tried to reassure taxpayers this was not a return to running deficits to finance ordinary government spending. This deficit is short term, caused by the economic shock from COVID-19 and the temporary measures that we put in place to manage our public health crisis, Casey told reporters on a conference call. 

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