A high business tax rate makes the province less attractive for investment compared to lower-tax jurisdictions.
new brunswick finances
September 20, 2024
2:30AM
The province's business income tax is tied for third-highest in Canada and is among the highest in North America.
September 5, 2024
11:59AM
The province's program spending is projected to increase by a yearly average of 8.8 per cent.
July 3, 2024
1:30PM
The province has the highest sales taxes in Canada.
April 30, 2024
2:30AM
After they do the math, some workers may decide to not take on additional work or increase their incomes.
March 19, 2024
1:50PM
The province's program spending this year will increase by 6.2 per cent, a rate faster than population growth plus inflation.
March 18, 2024
10:25AM
The province's combined personal income tax rate at $50,000 of income is the fourth-highest in North America.
March 18, 2024
2:00AM
This year, the province will spend a projected $548 million on provincial debt interest.
November 21, 2023
2:30AM
The province's government debt has shrunk by more than $2 billion since 2019/20.
October 3, 2023
9:47AM
The province's personal income tax rates are among the highest in North America.