N.B. records first deficit in nearly a decade

N.B. records first deficit in nearly a decade

New Brunswick has recorded its first provincial deficit since 2016-17, according to the Liberal government. Consolidated financial statements show the province ended the 2024-25 fiscal year with a $104.4-million deficit. That was compared to a $40.9-million surplus that the previous Progressive Conservative government had budgeted for. However, it was improved compared to the nearly $400-million deficit […]

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 N.B. now projecting $399M deficit this year

N.B. now projecting $399M deficit this year

New Brunswick’s Liberal government is now projecting a nearly $399-million deficit this fiscal year, according to the third-quarter results. That is compared to a projected $92-million deficit just three months ago and a $41-million surplus budgeted by the previous Progressive Conservative government. Finance Minister René Legacy said there are several factors that negatively influenced the […]

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