Statement from the Nova Scotia Federation of Labour on Government Surplus

September 13, 2023

The Nova Scotia Federation of Labour acknowledges the release of the government’s public accounts for the 2022-23 fiscal year ending March 31, 2023, which reveal significant surpluses. Given these unexpected surplus funds, we urge the government to prioritize worker affordability and address the pressing issues Nova Scotians face.

Worker affordability is not just an economic concern; it is a matter of social justice and the overall well-being of our citizens. With a surplus in hand, the government has a unique opportunity and a moral obligation to uplift individuals and families across the province.

By implementing policies that ensure fair and livable wages for all workers, we can begin to bridge the income inequality gap that has persisted for far too long. When workers can afford necessities and have more disposable income, it not only improves their quality of life but also stimulates economic growth. Increased consumer spending leads to thriving businesses and more job opportunities, fostering a sustainable cycle of economic prosperity.

The government must utilize this surplus to prioritize worker affordability, as it aligns with the principles of social justice and progress. Many Nova Scotians need help accessing affordable housing, despite significant spending and unexpected tax revenues. The soaring housing costs remain substantial challenges for our communities.

We call upon the Houston government to invest in the people of Nova Scotia by using this tax windfall to alleviate the daily financial burden individuals and families face. By addressing the rising costs of food, gas, housing, and medications, the government can make a meaningful difference in the lives of Nova Scotians and create a more equitable society.

The Nova Scotia Federation of Labour stands committed to advocating for the rights and well-being of workers across the province. We urge the government to seize this unprecedented opportunity to prioritize worker affordability and foster a more prosperous future for all Nova Scotians.

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