New website offers transparency on public funds, says Nova Scotia government

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HALIFAX - The Nova Scotia government has begun posting details online of public funds offered to companies to spur economic growth.

The information is available through the Department of Economic and Rural Development's website.

The information goes back to Sept. 5, 2013, and includes the maximum amount of money authorized, as well as criteria the business must meet to be eligible for the funds.

The government says it will report publicly on investments made through the Nova Scotia Jobs Fund, which is administered by the department, as well as two funds administered by Nova Scotia Business Inc.

Economic Development Minister Michel Samson says the government is delivering on a promise to be accountable and transparent.

He says the information will allow the public to understand why certain investments have been made.

Organizations: Department of Economic and Rural Development, Nova Scotia Jobs Fund, Nova Scotia Business

Geographic location: Nova Scotia, HALIFAX

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