New Brunswick Fiscal Snapshot: Winter 2017
The Conference Board of Canada, 10 pages
March 28, 2017
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.
- Budget 2017 keeps the province on track to balance its budget by 2020–21.
- Higher federal equalization transfers will boost revenues above the province’s budget targets.
- If spending falls in line with budget estimates, the provincial budget balance could return to surplus as early as 2018–19.