Document Highlights:
Nova Scotia’s economic growth is expected to be modest over the next year.
Employment growth will be limited by population aging and a shortage of available labour.
Prospects for the primary sector are weak, as both of the province’s offshore natural gas operations are expected to shut down completely in the next few months.
Mitigating the end of major investment projects is capital spending related to the plugging of the offshore natural gas wells.
The provincial government is keeping things simple, with no major spending increases or tax cuts expected over the medium term.
Exports are forecast to grow, thanks to CETA and high demand from Asia.
There are no reviews yet.