Province Releases Public Accounts For 2020-21

by Bobby NockSeptember 16, 2021

The province is reporting a deficit of $341.6 million for the fiscal year that ended on March 31^st.

Finance Minister Allan MacMaster released the public accounts for the last fiscal year today.

He says the shortfall reflects the former Liberal government’s response to the COVID-19 pandemic.

However, MacMaster says that won’t change the course the Progressive Conservative government has set, including its promises on healthcare.

MacMaster says net debt at yearend was $16.4 billion.

The net debt to GDP ratio for 2020-21 was 36 per cent.

Bobby Nock

Bobby grew up in Whycocomagh before moving to Halifax to attend university where he earned a Bachelor of Arts and a Bachelor of Journalism degree. After university, Bobby moved back to Cape Breton where he began working as a freelance journalist and has done work for both print media and as a broadcast journalist. As the News Director, Bobby Nock will get your day started by bringing you information that helps connect you to the community with all the latest in local news.

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