March 15, 2018 10:21 am
Updated: March 15, 2018 3:44 pm

Nova Scotia announces $245M spending spree

WATCH: An unexpected boost in money for the province is being spent in a variety of areas including research projects, community supports and a $120-million investment in bringing high speed internet to underserviced communities. Alexa MacLean has more.

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Nova Scotia’s Liberal government has announced a spending spree.

It says it will spend $245 million by the end of the current fiscal year on new projects including $120 million to help expand high-speed internet service.

READ MORE: Upcoming Nova Scotia budget to include improved broadband plan

The one-time funding for internet service in under-served communities comes from recalculated offshore royalty revenues.

An additional $40 million will fund research and innovation projects including in the ocean and clean energy sectors.

The government also plans to spend more than $16 million on programs that assist those on low incomes in making their homes more energy efficient and on other initiatives such as needle exchange programs and job coaching for people with autism spectrum disorder.

WATCH: Nova Scotia offers $150K in funding for research into tidal energy

Finance Minister Karen Casey says the extra spending likely wouldn’t have been possible without the one-time offshore revenue.

Casey says even with the extra spending, the government expects to end fiscal 2017-18 with a balanced budget.

© 2018 The Canadian Press

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