Back to Balance
Closing the Gap
To close the gap, Nova Scotia’s finances must be brought back into balance.
To protect programs and services, the province must close the gap between what it spends and what it takes in.
The Back to Balance dialogue is about getting advice from Nova Scotians on the way forward.
Government has three “tools” to work with:
- reduce the amount of money spent on programs and services
- increase the amount of money taken in through taxes, fees, and other sources
- invest money to grow the economy over the long term
The problem can’t be fixed by one approach alone. A sustainable solution will require a combination of measures in all three areas.
