This “fiscal snapshot” looks at the state of New Brunswick’s economy and its government’s fiscal challenges, and provides a short- and medium-term outlook for the province.
New Brunswick Fiscal Snapshot: Winter 2016
New Brunswick Fiscal Snapshot: Winter 2016
Provincial Economic Analysis
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- Weak economic growth leads the province to delay a balanced budget until 2020–21.
- New tax measures announced in Budget 2016 will help revenue growth over the next three years.
- If spending falls in line with budget targets, government balance estimates could prove conservative, with a possible return to surplus as early as 2018–19.
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