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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.

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New Brunswickers reap rewards of government spending restraint

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

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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.

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Mainers make considerably more than New Brunswickers

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

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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.

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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.