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N.S. news: Province writes off some debt [Video]

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Nova Scotia News

The Nova Scotia government says it is writing off $11.6 million in “uncollectable debts” stretching back several years.

According to a news release from the province, the debts from past fiscal years up to March 31, 2023, were written off after multiple collection efforts and a review that found they are unlikely to be paid.

The debts include unpaid fines, loans, and fees.

“Removing debts unlikely to be paid is a standard accounting practice that keeps the government’s financial statements accurate. Although a debt is written off, efforts to collect the funds continue,” said Finance and Treasury Board Minister Allan MacMaster.

For more Nova Scotia news visit our dedicated provincial page.

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