How Budgets Changed Tax Credits
Lost in the recent controversy over budgets in Nova Scotia and New Brunswick is the fact that we’ve moved no closer to harmonizing or unifying investment tax credits in the region.
In fact, there are now greater differences in the provincial programs than ever before.
The recent budgets have created controversy over the film tax credit in Nova Scotia, over the fiscal picture in New Brunswick, and over education funding in both provinces.
The issue that the startup community had focused on in the lead up to the budgets was the tax credit given to equity investors in small businesses,