Article Posted date18 March 2025
The budget anticipates a deficit of $399 million for 2024-25 and projects deficits of $549 million ($599 million after a $50 million contingency for the potential effect of United States tariffs) for 2025-26 and $447 million for 2026-27. The budget does not include changes to the corporate or personal tax rates, nor does it announce new or expanded tax credits. The province has established a support package of $112 million, including a $25 million investment in a business support program offered through Opportunities New Brunswick, to address the uncertainty of United States tariffs.
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