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January 7, 2015

Nova Scotia faces a $89 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Delivering Healthcare to an Aging Population: Nova Scotia’s Fiscal Glacier,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that the current configuration of demographically sensitive spending threatens to require a 70 percent increase in the province’s tax take.

Colin Busby

Colin Busby currently serves as directeur des politiques et du développement at HEC Montréal.

William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 270 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.