Government of New Brunswick

Capital budget to focus on maintenance and strong fiscal discipline

The provincial government has 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.

“If we want to return to balanced budgets by March 2020 or sooner, we need to take action now and make some hard decisions about what we can afford,” said Finance Minister Ernie Steeves. “We are committed to investing in the priorities of New Brunswickers and, in order to do that, we are reallocating resources while curbing over $200 million in additional spending.”