Canada: Tax measures in 2025 budget (New Brunswick)

No changes to corporate or individual (personal) tax rates or new tax credits

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March 20, 2025

The 2025 provincial budget for New Brunswick, which was delivered on March 18, 2025, does not include any new changes to the corporate or individual (personal) tax rates, nor does it announce new or expanded tax credits.

However, 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 the United States tariffs.

Read a March 2025 report prepared by the KPMG member firm in Canada

*$=Canadian dollar

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