The province's government debt has shrunk by more than $2 billion since 2019/20.
new brunswick finances
The province's personal income tax rates are among the highest in North America.
The average family in the province earning $112,418 will pay $49,623 in total taxes.
Provincial government subsidies total more than $100 million per year.
The province’s business tax rate is higher than rates in all provinces outside Atlantic Canada.
The province's median earnings were $29,323 compared to $41,341 in nearby Maine.