The Liberals say a Royal Bank forecast on Nova Scotia is evidence that the New Democrats are poor stewards of the economy.

The study released Tuesday says Nova Scotia's rate of growth for this year will be 1.2 per cent, tied with Prince Edward Island for the second-lowest in the country. The report blames a delay in the Deep Panuke natural gas project and a sluggish local economy for the low growth rate.

Liberal Leader Stephen McNeil said he believes the report is further proof that the revenue estimates provided by the NDP government are too optimistic.

But Darrell Dexter said the report's prediction of a 2.3 per cent increase in economic growth for next year confirms his position that it will take time for Nova Scotia to create jobs in areas such as construction, technology and shipbuilding.