In August, there was no deficit in Nova Scotia. In fact, Darrell Dexter’s NDP government forecast a surplus of $18.3-million and said it would shave two percentage points off the HST.
The tables turned suddenly last week. Nova Scotians now face a $482-million deficit and no prospect of any HST relief. Stephen McNeil’s new Liberal government is promising not to balance the budget and to bring in legislation to keep the HST at 15 per cent.