Canada: Nova Scotia 2017 budget bill enacted - KPMG Global
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Canada: Nova Scotia 2017 budget bill enacted

Canada: Nova Scotia 2017 budget bill enacted

Nova Scotia Bill 39 received Royal Assent on 26 October 2017.


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The legislation contains most of the tax measures announced in Nova Scotia's 2017 budget, including a measure to increase the small business income threshold to $500,000* (from $350,000), effective January 1, 2017.

The bill received first reading on 11 October 2017. Nova Scotia has a majority government.


Read an October 2017 report prepared by the KPMG member firm in Canada

*$ = Canadian dollar

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