{"id":20332,"date":"2021-03-20T06:03:44","date_gmt":"2021-03-20T09:03:44","guid":{"rendered":"https:\/\/thelaker.ca\/?p=20332"},"modified":"2021-03-20T06:03:44","modified_gmt":"2021-03-20T09:03:44","slug":"province-writes-off-almost-16m-in-debt-for-2020-2021","status":"publish","type":"post","link":"https:\/\/staging-z.thelaker.ca\/?p=20332","title":{"rendered":"N.S. writes off almost $16m in debt for 2020-2021"},"content":{"rendered":"\n<p>[adrotate banner=&#8221;78&#8243;]<\/p>\n\n\n\n<p>[adrotate banner=&#8221;93&#8243;]<\/p>\n\n\n\n<p><strong>FALL RIVER\/EAST HANTS:<\/strong> The province is writing off $15.7 million in debts considered uncollectable as of March 31.<br \/><br \/>&#8220;Write-offs are a part of doing business for both the private and public sectors,&#8221; said Finance and Treasury Board Minister Labi Kousoulis. &#8220;These transactions originated in previous years and do not have an impact on the province&#8217;s 2020-21 fiscal position.&#8221;<br \/><br \/>Total write-offs for 2020-21 are $15.7 million, mainly due to uncollectable ambulance and licencing fees at Health and Wellness and various uncollectable fines at the Department of Justice.<\/p>\n\n\n\n<p>[adrotate group=&#8221;6&#8243;]<\/p>\n\n\n\n<p>[adrotate group=&#8221;7&#8243;]<br \/><br \/>A list of all departmental write-offs is available at: <a href=\"https:\/\/beta.novascotia.ca\/documents\/summary-departmental-write-offs-2020-2021\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/beta.novascotia.ca\/documents\/summary-departmental-write-offs-2020-2021<\/a>&nbsp;<br \/><br \/>Quick Facts:<br \/>&#8212; although a debt is written off, efforts to collect the funds continue<br \/>&#8212; this accounting process is in line with Nova Scotia&#8217;s Finance Act<\/p>\n\n\n\n<p>[adrotate group=&#8221;2&#8243;]<\/p>\n\n\n\n<p>[adrotate banner=&#8221;34&#8243;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[adrotate banner=&#8221;78&#8243;] [adrotate banner=&#8221;93&#8243;] FALL RIVER\/EAST HANTS: The province is writing off $15.7 million in debts considered uncollectable as of March 31. &#8220;Write-offs are a part of doing business for both the private and public sectors,&#8221; said Finance and Treasury Board Minister Labi Kousoulis. &#8220;These transactions originated in previous years and do not have an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[957],"tags":[1350,48],"class_list":["post-20332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-finances","tag-n-s"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/20332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20332"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/20332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/media\/13734"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}