The budget projects $40 million in personal income tax relief for more than 400,000 tax filers.
new brunswick budget
The province's top personal income tax rate was the fourth-highest among 61 states and provinces.
This year, the province's government debt topped $14 billion or $18,043 per person.
A $170 per tonne carbon tax will cost the province an estimated 2,200 jobs.
The province faces a projected $779 million budget deficit for 2020.
Between 2014 and 2018, business investment in New Brunswick declined by 0.1 per cent annually.
New Brunswick has a “fiscal gap” equal to 0.6 per cent of the provincial economy.
The Higgs government plans to increase program spending by 4.3 per cent.