$41-million surplus and other highlights from New Brunswick’s 2024-25 budget
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 19/03/2024 (643 days ago), so information in it may no longer be current.
FREDERICTON – New Brunswick’s Progressive Conservative government on Tuesday tabled its last budget before this year’s provincial election. Here are some highlights.
– Budget of $13.3 billion, with 6.4 per cent increase in spending.
– Surplus of $40.9 million.
– Health care spending of $3.8 billion — virtually the same as what was spent in the fiscal year ending March 31.
– $1.9 billion for education, an increase of almost $200 million compared with what was spent in the year ending March 31.
– Provincial gross domestic product grew by an estimated 1.1 per cent in 2023 and is forecast to grow by 0.7 per cent in 2024.
– Net debt projected to be $12.7 billion, representing 26.7 per cent of provincial GDP.
– An increase of 3.6 per cent in benefits for social assistance recipients.
This report by The Canadian Press was first published March 19, 2024.