new brunswicks finances

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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.