new brunswicks finances

11:59AM
Printer-friendly version
New Brunswick’s ‘unsustainable’ finances demand spending restraint from all parties

The province's program spending is projected to increase by a yearly average of 8.8 per cent.


10:30AM
Printer-friendly version
New Brunswick losing head offices and their associated economic activity

Head office employment in the province is down more than 300 jobs since 2014.


1:50PM
Printer-friendly version
New Brunswick’s stay-the-course budget leaves unanswered tax questions

The province's program spending this year will increase by 6.2 per cent, a rate faster than population growth plus inflation.


2:30AM
Printer-friendly version
New Brunswickers reap rewards of government spending restraint

The province's government debt has shrunk by more than $2 billion since 2019/20.


10:41AM
Printer-friendly version
New Brunswickers make less median employment income than most other Canadians

The province's median employment income was $3,350 lower than the Canadian average.


10:30AM
Printer-friendly version
Mainers make considerably more than New Brunswickers

The province's median earnings were $29,323 compared to $41,341 in nearby Maine.


3:41PM
Printer-friendly version
New Brunswick budget brings tax relief—but more is needed

The budget projects $40 million in personal income tax relief for more than 400,000 tax filers.


2:00AM
Printer-friendly version

Last week’s provincial budget was a heap of bad news for New Brunswickers. First they learned that they will continue to be burdened by a government with shaky finances driven by annual deficits and mushrooming debt. Topping that off, Progressive Conservative Finance Minister Blaine Higgs proposed a series of highly damaging tax increases as a way out of New Brunswick’s deep fiscal hole. Unfortunately, these tax hikes will cast a dark cloud over New Brunswick’s economic prospects and likely bring little revenue in return.