Finance News Releases http://www2.gnb.ca:80/content/gnb/en/departments/finance/news.html Finance News Releases Audited financial statements show surplus http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.08.1190.html Financial statements for the fiscal year ending March 31 show a surplus of $67 million. The statements were independently audited by Auditor General Kim MacPherson. Tue, 21 August 2018 10:10:00 +0300 Members selected for cannabis research and education fund committee http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.08.1170.html The provincial government has selected members of the Cannabis Education and Awareness Fund’s advisory committee. Thu, 16 August 2018 10:16:00 +0300 Government intervenes in insurance board hearings http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.08.1075.html The provincial government has intervened in two New Brunswick Insurance Board hearings after insurance companies filed for rate increases. Fri, 03 August 2018 11:38:00 +0300 First-quarter results released http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.07.0984.html The provincial government released the first-quarter results for the 2018-19 fiscal year which showed a modest improvement on the projections to the deficit. Mon, 23 July 2018 10:39:00 +0300 IFTA licensed carriers can now submit quarterly tax returns online http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.07.0884.html All International Fuel Tax Agreement (IFTA) licensed carriers can now submit their quarterly tax returns online. Wed, 04 July 2018 13:16:00 +0300 REVISED / Update on provincial preparations for cannabis legalization http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0851.html The provincial government provided an update on its preparations in advance of the federal government legalizing adult-use cannabis on Oct. 17. Thu, 28 June 2018 10:44:00 +0300 Province’s credit rating reaffirmed http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0819.html Standard and Poor’s, a global credit rating agency, has reaffirmed New Brunswick’s A+ credit rating with a stable outlook. Mon, 25 June 2018 09:01:00 +0300 Economic Growth Plan 2018 update shows progress in key areas: Minister http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0783.html The provincial government released a 2018 update to New Brunswick’s Economic Growth Plan, showing progress in a number of sectors, driven by a strong framework and co-ordinated efforts to support innovation, opportunity and job creation. Wed, 20 June 2018 10:26:00 +0300 Report indicates New Brunswick economy continues to improve http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0766.html An annual economic report, The New Brunswick Economy: 2017 in Review, was released today by the provincial government. Mon, 18 June 2018 09:13:00 +0300 Online applications for low-income seniors’ benefit http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0745.html Online submissions for the 2018 Low-Income Seniors’ Benefit are now being accepted. Thu, 14 June 2018 08:59:00 +0300 Audited financial statements to be released before election http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.06.0728.html The government announced today its intention to release audited financial statements for the 2017-18 fiscal year prior to the provincial election. Tue, 12 June 2018 07:54:00 +0300 Small business corporate income tax rate lowered http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.04.0339.html The New Brunswick small business corporate income tax rate has been lowered to 2.5 per cent effective April 1. Mon, 02 April 2018 11:25:00 +0300 Low-income seniors’ benefit applications available April 3 http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.03.0336.html Applications for the 2018 Low-Income Seniors' Benefit will be available April 3. Fri, 30 March 2018 12:10:00 +0300 REVISED / Members sought for cannabis research and education fund committee http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.03.0273.html The provincial government is calling for expressions of interest for participation on the Cannabis Education and Awareness Fund’s advisory committee. The government is also contributing $250,000 to the fund. Tue, 13 March 2018 12:52:00 +0300 Cannabis NB store designs revealed http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.02.0174.html The Cannabis NB store designs were unveiled today. Thu, 15 February 2018 09:40:00 +0300 Update on Cannabis NB retail locations http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0105.html The provincial government has announced the locations of the final nine Cannabis NB retail stores. Wed, 31 January 2018 11:48:00 +0300 Budget invests in seniors, youth and the economy http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0101.html The 2018-19 provincial budget tabled in the legislature today focuses on investments in seniors, youth employment and economic competitiveness. Tue, 30 January 2018 13:17:00 +0300 Third-quarter fiscal results released http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0092.html The provincial government has released its third-quarter fiscal results for 2017-18. Fri, 26 January 2018 13:54:00 +0300 Training program for recreational cannabis retail operations http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0074.html NB Liquor and Canopy Growth Corp. have signed an agreement to develop a training program for Cannabis NB employees. The program is the first of its kind in Canada. Fri, 19 January 2018 14:45:00 +0300 Programs available for those facing high energy bills http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0054.html New Brunswickers are reminded that there are programs available to help them with their high energy bills during the cold winter months. Tue, 16 January 2018 09:10:00 +0300 Fourth company signed to supply cannabis for recreational market http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0050.html A memorandum of understanding has been signed with Nuuvera Inc. to supply the provincial government with cannabis for the recreational market. Mon, 15 January 2018 15:00:00 +0300 Growth plans for cannabis industries discussed http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0027.html Opportunities NB held a media briefing today to discuss growth plans for cannabis industries. Wed, 10 January 2018 09:35:00 +0300 Applications available for the 2018 Home Energy Assistance Program http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2018.01.0001.html Applications are now available for the 2018 Home Energy Assistance Program to help low-income families cope with high energy bills. Tue, 02 January 2018 09:39:00 +0300 REVISED / Update on Cannabis NB retail locations http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.12.1621.html The provincial government reported today that, as a result of a tender process, 11 locations for Cannabis NB retail stores have been awarded and tenders for the nine remaining sites have been re-issued. Tue, 19 December 2017 14:24:00 +0300 Meeting of finance ministers http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.12.1589.html Finance Minister Cathy Rogers was among the federal, provincial and territorial finance ministers who met in Ottawa this week to discuss the economy and fiscal environment, as well as other matters of national importance, including a proposed taxation framework for cannabis. Tue, 12 December 2017 14:13:00 +0300 Name of recreational cannabis retail stores announced http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.12.1576.html The provincial government announced today that the NB Liquor subsidiary, that will be created to operate recreational cannabis retail operations in New Brunswick, will be called Cannabis NB. Mon, 11 December 2017 11:17:00 +0300 Insurance Act amendments proposed to protect victims of domestic violence http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.12.1561.html Proposed amendments to the Insurance Act tabled today aim to protect innocent co-insureds in cases of intimate partner violence and property damage. Wed, 06 December 2017 13:18:00 +0300 Third New Brunswick company signed to supply cannabis for recreational market http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1476.html A memorandum of understanding has been signed with Zenabis to supply the provincial government with cannabis for the recreational market. Mon, 20 November 2017 11:54:00 +0300 Second-quarter fiscal results released http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1458.html The provincial government has released its second-quarter fiscal results for 2017-18. Wed, 15 November 2017 12:27:00 +0300 Legislation to support small businesses introduced http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1455.html The provincial government introduced legislation today to lower the small business corporate income tax rate to 2.5 per cent effective April 1, 2018. Tue, 14 November 2017 14:15:00 +0300 Legislative framework concerning cannabis introduced http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1445.html The provincial government’s legislative framework for recreational-use cannabis was introduced today in anticipation of the federal government legalizing such use by July 2018. Thu, 09 November 2017 11:34:00 +0300 Capital budget theme: a plan that works for New Brunswickers http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1441.html The provincial government will invest $815.3 million in public infrastructure in 2018-19 including a record $12.6 million in tourism infrastructure. Wed, 08 November 2017 13:34:00 +0300 Legislation to be introduced on cannabis research and education http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.11.1421.html Legislation will be introduced to establish a fund to support research and the development, implementation and delivery of education and awareness programs for harm reduction and the responsible use of cannabis for recreational purposes. Fri, 03 November 2017 11:07:00 +0300 Retail model for recreational cannabis announced http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.10.1374.html The provincial government announced today that NB Liquor will operate recreational cannabis retail operations in New Brunswick, through a subsidiary. Wed, 25 October 2017 09:13:00 +0300 Pre-budget consultation announced http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.09.1261.html The provincial government released a discussion paper and public meeting schedule today to encourage participation in the pre-budget consultation process. Fri, 29 September 2017 13:05:00 +0300 Government reduces deficit and exceeds financial targets http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.09.1253.html 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. Thu, 28 September 2017 10:23:00 +0300 New Brunswick companies will supply cannabis for recreational market http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.09.1206.html The provincial government has secured suppliers of cannabis for the recreational-use market in anticipation of the federal government legalizing such use by July 2018. A Crown corporation has been established to oversee the sale of non-medicinal cannabis. Fri, 15 September 2017 13:51:00 +0300 First-quarter fiscal results released http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.08.1140.html The provincial government has released fiscal results for the first quarter of 2017-18. Fri, 25 August 2017 10:35:00 +0300 New rules for payday lenders to strengthen and enhance consumer protection http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.08.1095.html The provincial government is putting new rules in place for payday lenders that will ensure better protection for the consumer. Fri, 11 August 2017 10:21:00 +0300 RBC revises New Brunswick’s GDP growth projection upward http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.06.0862.html The Royal Bank of Canada (RBC) is now projecting New Brunswick’s real GDP to grow by 1.1 per cent in 2017, exceeding growth forecast expectations contained in the 2017-2018 budget. Thu, 15 June 2017 09:11:00 +0300 Province receives A+ credit rating http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.06.0830.html Standard and Poor’s announced that New Brunswick has maintained an A+ credit rating with a stable outlook, highlighting modest improvements in budgetary performance, a predictable and well-managed institutional framework, and slow but positive economic growth. Thu, 08 June 2017 10:36:00 +0300 New Brunswick economy continued to grow in 2016 http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.05.0600.html A report from Statistics Canada has reaffirmed the province’s economic performance, marking two consecutive years of growth. Tue, 02 May 2017 14:36:00 +0300 Budget passes http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.04.0580.html The 2017-18 provincial budget was passed in the legislature Thursday. The budget aimed 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. Fri, 28 April 2017 11:08:00 +0300 Helping small businesses to succeed http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.04.0554.html Recognizing that small business is a vital part of New Brunswick’s economy and communities, the provincial government has taken a series of steps to help them succeed and is committed to ongoing efforts to address their concerns. Sun, 23 April 2017 00:00:00 +0300 REVISED / Applications for low-income seniors’ benefit available http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.03.0401.html Applications for the 2017 Low-Income Seniors' Benefit are now available. Fri, 31 March 2017 10:54:00 +0300 Small business income tax will be cut on April 1, the third rate cut in three years http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.03.0372.html On April 1 the small business income tax rate will be cut to three per cent. Mon, 27 March 2017 09:42:00 +0300 Statement on New Brunswick credit update http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.03.0356.html The following statement was issued today by Finance Minister Cathy Rogers regarding Moody’s Investors Services’ credit update on New Brunswick: Wed, 22 March 2017 15:56:00 +0300 First woman chair announced for NB Liquor board of directors http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.03.0298.html The provincial government today announced the appointment of a new chair of the board of directors for NB Liquor. Wed, 08 March 2017 13:35:00 +0300 New Brunswick joins federal government in approving enhancements to Canada Pension Plan http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.03.0280.html Today the federal government announced that the Governor General has signed the order-in-council to bring into force Bill C-26, which will enhance the Canada Pension Plan (CPP) beginning in 2019. Thu, 02 March 2017 12:22:00 +0300 New tax-sharing agreements reached with the six Maliseet First Nations http://www2.gnb.ca:80/content/gnb/en/departments/finance/news/news_release.2017.02.0188.html New tax-sharing agreements have been reached between the provincial government and the six Maliseet First Nation communities that aims to promote economic development and job creation in First Nation communities while protecting provincial revenues. Fri, 10 February 2017 15:11:00 +0300 Tue, 21 August 2018 10:10:00 +0300