By Canadian Press

Highlights of New Brunswick provincial budget

Feb 7, 2017 | 8:30 AM

FREDERICTON — New Brunswick Finance Minister Cathy Rogers tabled an $9.4 billion budget for 2017-18 on Tuesday. Here are some of the highlights:

– A projected deficit of $192 million, with a projection of a balanced budget by 2020-21. The deficit no longer includes the contingency fund.

– The provincial debt will reach $14.4 billion by the end of March 2018, or about $19,000 for every man, woman and child in New Brunswick.

– Servicing the public debt will cost $701 million, the government’s fifth highest expense.

– The province will invest an additional $56 million in education, including a doubling of the budget for daycare assistance starting Jan. 1, 2018.

free repairs

'All around win-win situation:' have your items fixed by neighbours at Oceanside repair cafe

3h ago

time served

Nanaimo man caught with over 30g of illicit drugs avoids additional jail time

17h ago

big return

Senior women's box lacrosse returns to Nanaimo after 10+ year absence

17h ago

– Spending is up by 3.6 per cent, while revenues being raised through taxation are up four per cent.

– Spending on tourism programs is going up almost 18 per cent, to about $60.2 million. 

The Canadian Press