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Nova ScotiaBill 4First Reading

Bill 4: Finance Act (amended)

Sponsor: Derek MombourquetteIntroduced February 18, 2025Checked September 4, 2026
Read the official textOfficial version — Nova Scotia House of Assembly

What this bill does

This bill transfers the authority to approve supplementary appropriations in Nova Scotia from the Governor in Council (Cabinet) to the House of Assembly, requiring legislative approval for additional government spending beyond the original budget.

Plain-language summary by Legisail — not legal advice.

Business impact

This bill primarily affects the machinery of Nova Scotia's provincial government rather than private businesses directly. Companies that rely on provincial grants, contracts, or program funding could be indirectly affected, as supplementary spending approvals would now require a full legislative vote rather than a Cabinet decision — potentially slowing or adding uncertainty to the timing of government funding announcements. Businesses in industries like construction, healthcare services, or social services that frequently bid on or receive provincial contracts may notice changes in how quickly new funding programs are activated mid-year. The practical impact on day-to-day business operations is minimal, but firms that depend on provincial spending decisions for project planning may need to monitor the legislative calendar more closely.

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Where this bill is

First ReadingFebruary 18, 2025
Next: Second Reading debate

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At a glance

Bill number
NS-004
Type
Private Member's Public
Jurisdiction
Nova Scotia
Session
65-1
Official record