new brunswick finances
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.
Government workers in Atlantic Canada received 11.9 per cent more (on average) in wages than their private-sector counterparts.
The Higgs government plans to increase program spending by 4.3 per cent.
The province is expected to run a $192 million deficit in 2017-18.