Nova Scotia finance minister says deficit expected to grow to $249 million

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Nova Scotia finance minister says deficit expected to grow to 49 million

HALIFAX – Nova Scotia’s finance minister says the province’s deficit is projected to grow.

Maureen MacDonald delivered the first fiscal update for 2012-2013 since the government released its spring budget.

MacDonald says the deficit is forecast to be $249.3 million, an increase of $38.1 million.

The update is MacDonald’s first since she became finance minister in May.

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