Highlights of New Brunswick provincial budget
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.