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Industry highlights and impacts from Nova Scotia Provincial Budget 2026-27

Industry highlights and impacts from Nova Scotia Provincial Budget 2026-27

On February 24, the Government of Nova Scotia tabled Budget 2026-27, a $18.9-billion fiscal plan that includes a record $3.5-billion capital program. With total spending of $18.9 billion, Budget 2026-27 estimates a deficit of $1.2-billion deficit and forecasts net debt to reach $27.9 billion, or 39.4% of GDP.

Budget Highlights for the Construction Industry

Growing our economy 

  • $1.5 million for Invest Nova Scotia to drive more GDP growth in six priority sectors, including housing and construction
  • $1 million in targeted programs to attract and convert investment attraction in strategic sectors
  • $46.3 million to keep the small business tax rate at 1.5% and increase the threshold to $700,000.
  • $2.5 million to help businesses diversify their trade markets

Building futures and communities

  • $373,000 for upgrades to the Central Nova Scotia Correctional Facility (capital)
  • $5 million to help make improvements to the Victoria Highland Civic Centre
  • $10.8 million for modular child-care centres on school properties (capital)
  • $110.3 million to build and renovate schools, including two that will open in the 2026-27 school year (capital)
  • $30.8 million for post-secondary student housing for NSCC Cumberland and NSCC Kingstec
  • $46.4 million to build new public housing units and maintain existing units (operating and capital)
  • $18.1 million provincial investment to address housing needs through the National Housing Strategy Action Plan
  • $25.2 million to create 378 new supportive housing units across the province
  • $18.5 million to support shovel-ready, community-owned projects through the Affordable Housing Development Program
  • $24.7 million to continue MOST, a tax refund to young workers under 30 in high-demand occupations, including skilled trades
  • $34.3 million to continue the Actions to Accelerate Skilled Trades Growth plan to create good-paying jobs in the skilled trades, including $5 million this year for the new Institute of Skilled Trades

Rebuilding care

  • $1.8 million for a new operations centre to improve emergency health services in the Halifax area
  • $873.8 million toward the plan to build 5,700 new and replacement long-term care spaces by 2032, with seven new facilities opening this year (capital)
  • $1.2 billion for the Halifax Infirmary Expansion Project and Cape Breton Regional Municipality Health Care redevelopment project (capital)
  • $144.5 million for construction and renewal of other hospitals and medical facilities in Amherst, Yarmouth, Bridgewater and the IWK (capital)
  • $24.7 million for the construction of modular units to expand dialysis service
  • $21 million for medical facilities repairs and renewals across the province

Transforming transportation

  • $120.1 million for Halifax Harbour Bridges (capital)
  • $476.1 million for highways and structures (capital)
  • $52.5 million to buy land for future needs (capital)

Resources for Budget 2026-27

Find more information and access budget documents including the budget address, highlights, bulletins, estimates, business plans and other supporting documents for the 2026 to 2027 fiscal year.
Click here to access resources for Budget 2026-27.

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©2026 Construction Association Of Nova Scotia
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