HALIFAX - Premier Darrell Dexter has formally announced a new rebate
for manufacturers and processors, a pledge the NDP made during the
recent election campaign.

 

Dexter made the announcement today at a breakfast meeting of business leaders.

 

The
initiative offers a 10 per cent rebate to businesses in the
manufacturing and processing sector that are investing in machinery and
equipment.

 

Dexter says the government is still working on the application process but the program will begin in January.

The rebate is expected to cost the province about $25 million.

Dorothy
Rice, head of the Nova Scotia wing of the Canadian Manufacturers and
Exporters Association, says the rebate will help businesses boost
productivity and create jobs.