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Nova ScotiaBill 197First Reading

Bill 197: Comprehensive Economic Strategy Act

Sponsor: Iain RankinIntroduced February 24, 2026Checked September 4, 2026
Read the official textOfficial version — Nova Scotia House of Assembly

What this bill does

This Nova Scotia bill requires the Minister of Growth and Development to appoint an expert panel to assess the provincial economy and produce a report within 12 months setting measurable 10-year targets across key sectors, with progress publicly tracked on a government website.

Plain-language summary by Legisail — not legal advice.

Business impact

This bill affects businesses broadly across Nova Scotia rather than targeting a specific industry — from fishers and farmers in rural regions to tourism operators, forestry companies, start-ups, and exporters. It is particularly relevant to businesses in traditional industries like agriculture, fisheries, and forestry, as well as post-secondary-linked ventures and export-oriented firms. Day-to-day operations are not directly regulated by this bill, but businesses in these sectors may be consulted during the panel's engagement process and could see future policy directions shaped by the resulting report. The impact is province-wide and applies equally to solo operators and larger employers, though the practical effect depends on what recommendations the panel ultimately makes.

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Where this bill is

First ReadingFebruary 24, 2026
Next: Second Reading debate

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At a glance

Bill number
NS-197
Type
Private Member's Public
Jurisdiction
Nova Scotia
Session
65-1
Official record