Provinces scale back fiscal plans in face of potential trade war

British Columbia and Nova Scotia each mapped out a lean fiscal year ahead, with B.C. announcing a spending review and Nova Scotia setting aside a reserve fund, as American trade uncertainty looms over provincial budget season.The two provinces, which spoke to their near-term financial futures in separate official pronouncements on Tuesday, join other governments across the country in manoeuvring to brace themselves for the turmoil that would almost certainly follow if U.S. President Donald Trump makes good on his threat to impose across-the-board 25-per-cent-tariffs on most Canadian exports next month.