Government of New Brunswick

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Renewed Tuition Bursary program unveiled and tuition tax credit to be reintroduced

Post-Secondary Education Training and Labour Minister Trevor Holder unveiled measures to support students, including a Renewed Tuition Bursary program and the planned reintroduction of a tuition tax credit.

Balanced budget puts forth urgent plan to reduce debt, protect essential services

Finance Minister Ernie Steeves tabled a balanced budget which would see the province’s net debt decrease for the first time in more than a decade.

Minister prepares for budget

Finance Minister Ernie Steeves polished a pair of old shoes in preparation for the release of the government’s budget. Steeves said that renewing the shoes, rather than buying a new pair, as is tradition, represents the government’s commitment to managing what it has.

Capital budget to focus on maintenance and strong fiscal discipline

Finance Minister Ernie Steeves tabled a $600.6-million capital budget for 2019-20 that aims to maintain infrastructure, restore balance to government finances and manage the province’s debt.

Second-quarter results show a deficit of $131.4 million

Finance Minister Ernie Steeves has released second-quarter results for the 2018-19 fiscal year which show a deficit of $131.4 million.

Audited financial statements show surplus

Finance Minister Cathy Rogers today released financial statements for the fiscal year ending March 31, which show a surplus of $67 million.

Budget invests in seniors, youth and the economy

Finance Minister Cathy Rogers tabled the provincial government’s 2018-19 budget today which focuses on investments in seniors, youth employment and economic competitiveness.

Third New Brunswick company signed to supply cannabis for recreational market

A memorandum of understanding has been signed with Zenabis to supply the provincial government with cannabis for the recreational market. The move is related to preparations for the federal government’s legalization of cannabis for recreational use, expected in July 2018. From left: Listuguj Chief Darcy Gray; Labour, Employment and Population ...

Construction continuing at Harrison Trimble High School

Demolition of the carpentry shop and science labs is underway as upgrades continue at Harrison Trimble High School. The project, which began in 2015, is expected to be completed in 2019. Photo shows Finance Minister Cathy Rogers touring the construction site with contractor David Foulem.

Government reduces deficit and exceeds financial targets

Finance Minister Cathy Rogers released the province’s year-end financials today, announcing that the deficit has been reduced by 67 per cent since 2014-15 and that financial targets were exceeded.

Small business income tax will be cut on April 1, the third rate cut in three years

On April 1 the small business income tax rate will be cut to three per cent. This is the third cut to this rate since Jan. 1, 2015. From left: Finance Minister Cathy Rogers; David Shin and Ellen Shin, owners of Café C’est La Vie; and Premier Brian Gallant.

Budget continues to cut deficit, invests in education and health care

The 2017-18 provincial budget tabled by Finance Minister Cathy Rogers aims to demonstrate that the government is listening to New Brunswickers, honouring its commitments, and investing responsibly in areas that will lead to a stronger New Brunswick.

Minister meets with Medavie Blue Cross staff

Finance Minister Cathy Rogers met with employees at the Medavie Blue Cross business service centre in Moncton, one of the many business services centres in the province.

Canada-New Brunswick health accord signed

An agreement has been signed that will increase federal health funding for New Brunswickers. Participating in the announcement were, from left: Finance Minister Cathy Rogers; Premier Brian Gallant; and Health Minister Victor Boudreau.

Second-quarter fiscal results released

The provincial government has released its economic and fiscal update for the second quarter of 2016-17 with projections improved from both the February budget and the first-quarter update in August. Finance Minister Cathy Rogers spoke with the news media this morning.

Legislation to be introduced to continue and expand Home Energy Assistance Program

Legislation will be introduced today that would continue and expand the Home Energy Assistance Program. Participating in the announcement were Finance Minister Cathy Rogers and Families and Children Minister Stephen Horsman.

Details of new HST credit provided

Eligible New Brunswickers will receive their first HST credit payment in October, Finance Minister Roger Melanson announced today.

Revenues increased, expenses decreased in first quarter

The provincial government has introduced fixed reporting dates for quarterly fiscal updates in conjunction with the first-quarter update for 2015-16. The first-quarter fiscal update for 2015-16 is projecting a deficit of $470.6 million, an improvement of $6.2 million compared to the budget deficit projection of $476.8 million. In photo, Finance ...

Budget faces fiscal challenges, invests in job creation and families

Finance Minister Roger Melanson tabled the provincial government’s 2015-16 budget today which focuses on the government’s three key priorities: creating the conditions for job creation, facing our fiscal challenges and helping families.

Budget faces fiscal challenges, invests in job creation and families

Finance Minister Roger Melanson tabled the provincial government’s 2015-16 budget today which focuses on the government’s three key priorities: creating the conditions for job creation, facing our fiscal challenges and helping families.

Small Business Saturday

Finance Minister Roger Melanson toured several small businesses in the greater Moncton area on Saturday, Oct. 25, which was designated Small Business Saturday. The event is designed to draw attention and support to small businesses that are integral to communities across the country. One of the businesses the minister visited ...

Small business taxes to go down on Jan. 1

Premier Brian Gallant announced today that small business income taxes will decrease to four per cent from four-and-a-half per cent on Jan. 1, 2015. From left: Finance Minister Roger Melanson and Gallant.

2014-15 budget freezing taxes, reducing deficit, making strategic investments

The provincial government tabled its 2014-15 capital and operating budgets today. They reduce the provincial deficit, freeze taxes and provide strategic investments in programs, infrastructure and innovation. Finance Minister Blaine Higgs is shown explaining the budget to reporters.

2014-15 budget freezing taxes, reducing deficit, making strategic investments

The provincial government tabled its 2014-15 capital and operating budgets today. They reduce the provincial deficit, freeze taxes and provide strategic investments in programs, infrastructure and innovation. Finance Minister Blaine Higgs is shown presenting the 20014-15 budget speech in the legislative assembly.

2014-15 budget freezing taxes, reducing deficit, making strategic investments

The provincial government tabled its 2014-15 capital and operating budgets today. They reduce the provincial deficit, freeze taxes and provide strategic investments in programs, infrastructure and innovation. Finance Minister Blaine Higgs is shown presenting the 20014-15 budget speech in the legislative assembly.

Budget 2013-2014

Finance Minister Blaine Higgs delivered the 2013-2014 New Brunswick budget in the Legislative Assembly.

Budget addresses deficit and economy through balanced approach

The provincial government today tabled its 2013-14 budget, which makes strategic investments to strengthen the economy while addressing the provincial deficit with spending efficiencies and revenue initiatives. In photo, Finance Minister Blaine Higgs speaks to reporters at today’s budget lock-in.

New pension model introduced

The provincial government has released a new pension model developed by the Task Force on Protecting Pensions in collaboration with a number of union leaders. The model has received support from several public and private sector plan sponsors, including unions and the provincial government. Premier David Alward made the announcement

Provincial government reduces deficit by half and invests in priorities

Finance Minister Blaine Higgs tabled the provincial government’s 2012-13 budget, which plans to further reduce the deficit by more than half.

Budget 2012-2013

Finance Minister Blaine Higgs delivered the 2012-2013 New Brunswick budget in the Legislative Assembly.

Pre-budget consultations

Finance Minister Blaine Higgs is holding a series of pre-budget consultations with the public and stakeholders starting Monday, Jan. 16. In photo from left: Premier David Alward and Higgs listen during a public meeting in Woodstock.

Administrative Assistants, Clerical and Regulatory group sign four-year contract

The provincial government has signed a four-year agreement with the Administrative Assistants, Clerical and Regulatory group. From left: Dawn Davies, provincial government negotiator; Finance Minister Blaine Higgs, who is also minister of human resources; and Carole MacDonald, union negotiator.

Government cuts in 2011-12 budget forecast to reduce deficit by more than half

The provincial government tabled its 2011-12 budget today at the legislative assembly. From left: Finance Minister Blaine Higgs; and Transportation and Infrastructure Minister Claude Williams.

Province on track to reduce budget spending by one per cent

The provincial government has approved more than 100 cost-cutting measures to reduce this year’s projected deficit by about $42.9 million, mostly by trimming administrative budgets, taking advantage of staff attrition and eliminating non-essential expenditures. From left: Health Minister Madeleine Dubé; Social Development Minister Sue Stultz; Finance Minister Blaine Higgs; and ...

Economic and fiscal update

New Brunswick's deficit is projected to reach $820.4 million for fiscal 2010-11, with the net debt expected to total $9.6 billion, Finance Minister Blaine Higgs informed the legislative assembly as part of his first economic and fiscal update.

New minister

Premier David Alward and the members of the Executive Council were sworn in at a ceremony held on Oct. 12 at the Legislative Assembly in Fredericton. From left: Alward; and Blaine Higgs, who signs the register to become Minister of Finance, Minister of Human Resources, Minister responsible for the ...

Smaller deficit marks audited financial statements for 2009-10

Audited financial statements released today show that New Brunswick recorded a slightly smaller deficit than expected for 2009-10. Finance Minister Greg Byrne cautioned, however, that balancing the books remains a big challenge that must be addressed.

Finance minister delivers budget speech

Finance Minister Greg Byrne delivered the 2010-2011 budget speech today at the Legislative Assembly in Fredericton.

Record health, education investments, priority investments key to 2010-11 budget

Finance Minister Greg Byrne speaks to media prior to the release of the 2010-11 budget.

Finance minister, observing parliamentary tradition, buys shoes on eve of budget

Finance Minister Greg Byrne will bring down the province’s 2010-11 budget in the legislative assembly on Tuesday, Dec. 1. Following parliamentary tradition, the minister bought a pair of shoes on the eve of the budget.

2010-11 budget to be unveiled Dec. 1 (09/09/02)

A full budget will be tabled in the New Brunswick legislative assembly on Tuesday, Dec. 1, Premier Shawn Graham announced today.

Lower taxes to lead to bigger paycheques

New Brunswickers will begin to benefit from the largest one-time tax reduction package ever introduced in the province when tax savings from The Plan for Lower Taxes in New Brunswick are reflected in their first paycheques after July 1, Premier Shawn Graham announced today in Moncton.

Province provides leadership for stronger economy with 2009-10 budget

The largest one-time tax reduction package ever introduced in New Brunswick is a major part of the province's 2009-10 budget, Leadership for a Stronger Economy, along with measures to maintain and create jobs, a commitment to return to balanced budgets, and strict controls on government expenditures.

Finance minister delivers budget speech

Finance Minister Victor Boudreau delivered the 2009-2010 budget speech today at the Legislative Assembly in Fredericton. 

New tie

Finance Minister Victor Boudreau selects a new tie in preparation for delivery of the government’s 2009-10 budget on Tuesday, March 17.

Bilateral meeting in Halifax

Finance Minister Victor Boudreau (right), who is also minister responsible for the Regional Development Corporation, and Transport and Infrastructure Minister John Baird held a bilateral meeting in Halifax on Tuesday, Dec. 16, to discuss infrastructure issues in the context of the current economic situation.

Record capital budget investments of $661 million to provide economic stimulus

A record $661.4 million capital investment was announced today by Finance Minister Victor Boudreau. The investment is part of a more-than-$1.2-billion commitment in capital spending planned in the next two years.

Casino details released

The details of a $90-million investment to build Casino New Brunswick, a destination casino, hotel and multi-use entertainment and convention centre, were released today by Sonco Gaming New Brunswick Limited Partnership.

Casino details released

The details of a $90-million investment to build Casino New Brunswick, a destination casino, hotel and multi-use entertainment and convention centre, were released today by Sonco Gaming New Brunswick Limited Partnership.

Government announces preferred proponent in destination casino project

The province announced today that as a result of the request for proposals (RFP) issued on Nov. 8, 2007, a preferred proponent has been selected to construct, equip and operate a destination casino in New Brunswick.

First Nations community signs tax-sharing agreement with province

The province has signed a tax-sharing agreement with Buctouche First Nation, Finance Minister Victor Boudreau announced today. From left: Chief Ann Mary Simon; Justice Minister T.J. Burke; Boudreau (seated); and Post-Secondary Education, Training and Labour Minister Ed Doherty, who is also minister responsible for Aboriginal Affairs.

Discussion paper on New Brunswick's tax system released

The government has announced the first formal review of provincial taxation in nearly two decades with the release of a discussion paper entitled A Discussion Paper on New Brunswick's Tax System. The paper presents a series of options as possible elements of a comprehensive restructuring of the province's tax system.

2008-09 budget supports transformational change in New Brunswick

Finance Minister Victor Boudreau talks with media prior to the release of the 2008-2009 budget.

Finance minister delivers budget speech

Finance Minister Victor Boudreau delivered a balanced budget, with no tax increases, today at the Legislative Assembly in Fredericton.

Finance minister conducts speaking tour

Finance Minister Victor Boudreau is conducting a speaking tour of eight New Brunswick communities.

Record $486 million capital budget for 2008-2009

The New Brunswick government is taking further steps to put the province on the road to self-sufficiency by investing a record $486 million next year in strategic infrastructure as part of the 2008-2009 capital budget, Finance Minister Victor Boudreau announced in the legislature today. Pictured, the minister speaks with journalists ...

Record $486 million capital budget for 2008-2009

The New Brunswick government is taking further steps to put the province on the road to self-sufficiency by investing a record $486 million next year in strategic infrastructure as part of the 2008-2009 capital budget, Finance Minister Victor Boudreau announced in the legislature today.

Responsible gaming policy unveiled

A new responsible gaming policy unveiled today by Premier Shawn Graham (right) and Finance Minister Victor Boudreau focuses on responsible management and responsible play, in a responsible environment. The new policy, the most comprehensive of its kind ever introduced in the province, will bring transformational changes to gaming in New ...

Leading economists address forum

Two leading economists, Jack Mintz and Brendan Walsh, spoke to government members and officials and New Brunswick leaders in business and academia about the role of taxes in transforming the economy, at a forum Oct. 18 in Fredericton. Clockwise from left : Jack Mintz, Premier Shawn Graham, Finance Minister Victor ...

Audited financial statements released for 2006-2007

Finance Minister Victor Boudreau today released audited financial statements for the 2006-2007 fiscal year that show a surplus of $236.8 million, and a decrease in net debt of $136.3 million.

Students to save up to $10,000 on tuition costs with N.B. Tuition Rebate

Post-secondary graduates who chose to live and work in New Brunswick will save up to $10,000 on their tuition costs thanks to the New Brunswick Tuition Rebate. Finance Minister Victor Boudreau was in Dieppe today with Premier Shawn Graham and Post-Secondary Education, Training and Labour Minister Ed Doherty to launch ...

Financial challenge addressed leading to balanced 2007-2008 budget

Finance Minister Victor Boudreau, left, and deputy minister John Mallory, talk with media prior to the release of the 2007-2008 budget.

Province announces home energy assistance program

The New Brunswick government will be providing a one-time home energy benefit to low-income families to help them cope with the high costs of home energy. Finance Minister Victor Boudreau made the announcement today. From left: Boudreau; and Energy Minister Jack Keir.

Premier and finance minister host round-table discussion on fiscal imbalance

Key business leaders and individuals from across the province were hosted today by Premier Shawn Graham and Finance Minister Victor Boudreau at a stakeholders round-table discussion about fiscal imbalance and equalization.

New collective agreement signed with NBUPPE

Representatives of the Province and the New Brunswick Union of Public and Private Employees (NBUPPE) signed a collective agreement covering about 375 engineering technicians, cartographic technicians and other technical workers. Human Resources Minister Hédard Albert and Finance Minister Victor Boudreau, centre, with the union and government negotiating teams

New Minister

Victor Boudreau takes the Oath of Office as Minister of Finance, Minister of Local Government, Minister responsible for the New Brunswick Liquor Corporation, Minister responsible for the New Brunswick Investment Management Corporation and Minister responsible for the Lotteries Commission of New Brunswick in the presence of Premier Shawn Graham, ...

Province reports financial surplus for 2005-06

The Government of New Brunswick is reporting a surplus of $243.6 million for 2005-06, and a decrease in the net debt of $122.6 million. Both are improvements over the budgeted surplus of $98.9 million and the expected decrease in net debt of $4 million.

Provincial Budget News Conference

Finance Minister Jeannot Volpé held a news conference in Fredericton where he discussed details of the 2006-07 New Brunswick budget, delivered in the Legislative Assembly on March 28.

2006 pre-budget consultations to be conducted

The Government of New Brunswick will give New Brunswickers a voice in shaping the 2006-07 budget by conducting pre-budget consultations in nine communities from Feb. 12 to Feb. 23, Finance Minister Jeannot Volpé has announced.

Pre-budget consultations

Finance Minister Blaine Higgs is holding a series of pre-budget consultations with the public and stakeholders starting Monday, Jan. 16. In photo: Higgs conducts a presentation on fiscal challenges and opportunities during a public consultation in Edmundston

Pre-budget consultations

Finance Minister Blaine Higgs is holding a series of pre-budget consultations with the public and stakeholders starting Monday, Jan. 16. In photo: Most of the pre-budget meetings have attracted large crowds including this one in Moncton.