New Brunswick Fiscal Snapshot: Winter 2016

The Conference Board of Canada, 13 pages, March 4, 2016
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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.

Document Highlights

  • 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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