Government of Nova Scotia
Economic Development
Business Climate Index


Tax & Fiscal Environment

Nova Scotia’s tax and fiscal environment continues to rank 3rd in Canada and 1st in Atlantic Canada. Rankings improved in sales tax per personal income and business subsidies per GDP. Rankings fell in corporate tax per GDP and property tax per GDP. Overall Nova Scotia’s tax & fiscal environment continues to be competitive.

INDICATORS 1999r 2000
Tax Base Corporate Tax Per GDP 3 5
Indirect Tax/Personal Income 2 2
Personal Income Tax 4 4
Sales Tax/Personal Income 5 2
Property Tax/GDP 3 4
Workers’ Compensation Premiums 8 8
Expenditures Base R&D Tax Credits/Businesses 6 6
Business Subsidies Per GDP 4 2
Government Expenditures Per GDP 9 9
Public Debt per Capita 8 8
Government Employment per Capita (Replacing Government Employment/% Total) 1 2
Tax & Fiscal Environment 3 3

r = ranking has been revised to include new indicators and revisions by Statistics Canada
* not included in calculating the overall ranking; comparable data not available

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