Article Posted date
19 March 2024
New Brunswick’s Finance Minister Ernie Steeves delivered the province’s 2024 budget on March 19, 2024. The budget anticipates a surplus of $247 million for 2023-24 and projects surpluses of $41 million for 2024-25 and $39 million for 2025-26. Although the budget does not include any new changes to the corporate or personal tax rates, it announces that New Brunswick intends to enter into a coordinated vaping product taxation agreement with the federal government, and provides new tax credits for eligible volunteer firefighters and search and rescue volunteers, among other changes.
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