Nova Scotia is gearing up for significant job creation and economic growth with its historic Capital Plan 2025-26. This plan, with an investment of over $2.35 billion, focuses on healthcare facilities, public housing, educational institutions, and transportation infrastructure. The initiative aims to strengthen communities and unlock long-term growth opportunities across the province.
A Bold Step for Nova Scotia’s Future
Moving our province forward requires a new mindset, said Finance and Treasury Board Minister John Lohr. The record-breaking investment reflects a strategic approach to address current challenges and position the province for future prosperity.
Key Investments in Healthcare
Healthcare remains the cornerstone of this capital plan, with major allocations aimed at improving medical facilities and services across Nova Scotia.
- $750.9 million – Halifax Infirmary expansion and Cape Breton healthcare redevelopment
- $131.9 million – Hospital construction and upgrades in Amherst, Yarmouth, the South Shore, and Halifax’s IWK Health Centre
- $90.9 million – Digital health record transformation with the ‘One Person One Record’ initiative
- $42 million – Medical facility repairs and replacements
- $32 million – Medical equipment upgrades
- $19.2 million – New modular dialysis units
- $15.3 million – New diagnostic imaging equipment
- $3.1 million – Year two of the multi-disciplinary oncology partnership
The investment in healthcare is designed to provide better access to critical services while modernizing existing infrastructure.
Expanding Housing Availability
The plan also prioritizes housing with investments to address the growing demand for affordable homes.
- $47.4 million – New public housing units, marking the first funding increase in over 20 years
- $10.6 million – Addition of 242 housing units
- $31.6 million – Modernization and repair of existing public housing
These investments aim to provide safe, affordable living options for residents across Nova Scotia.
Enhancing Educational Infrastructure
Education infrastructure gets a substantial boost to accommodate growing student populations.
- $210 million – Construction and renovation of schools, including three set to open in the 2025-26 school year
- $50 million – Land acquisition for future educational needs
Transportation and Community Development
The capital plan also focuses on transportation and community development projects.
- $500 million – Highway Improvement Plan, including
- $55 million – Gravel road upgrades
- $60 million – Bridge repairs
- $22.5 million – Storm damage repairs
- $9.2 million – Provincial park enhancements
Impact on Nova Scotia’s Economy
The strategic investments outlined in the Capital Plan 2025-26 are set to create new employment opportunities while upgrading essential infrastructure. By improving healthcare, housing, education, and transportation, Nova Scotia is laying a strong foundation for future growth and stability.
This bold initiative not only addresses current infrastructure needs but also sets the stage for sustained economic development in the coming years. With a clear vision and targeted investments, Nova Scotia is poised to unlock new growth potential and improve the quality of life for its residents. The Capital Plan 2025-26 represents a significant step forward in Nova Scotia’s development journey.
By investing strategically in healthcare, housing, education, and infrastructure, the province is building a robust foundation for the future. These initiatives promise long-term benefits, contributing to job creation and economic growth across the region. Nova Scotia’s commitment to growth is evident in every aspect of this transformative plan.
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