
2023 New Brunswick Budget Highlights
New Brunswick Minister of Finance Ernie Steeves tabled the province’s 2023 Budget on Tuesday, March 21, 2023.
New Brunswick Minister of Finance Ernie Steeves tabled the province’s 2023 Budget on Tuesday, March 21, 2023. This year’s budget, titled Growth and Opportunity, outlines investments in priority areas including health, education, and supporting vulnerable populations.
No new tax measures were announced. However, the government remains committed to delivering on previously announced tax measures, including:
- Personal income tax reductions effective for the 2023 taxation year, as announced in November 2022.
- Reductions to gasoline and motive fuel tax rates.
- Adoption of the federal backstop for carbon taxation, replacing the previous provincial approach.
- Acceleration of provincial property tax rate reductions previously introduced as part of Budget 2022-23.
More details and highlights of the 2023 New Brunswick Budget can be found here.
Related Content
-
PerformanceJuly 25, 2024
How to pay yourself from your practice
How can you pay yourself from your business? Review the pros and cons of taking a salary as an employee or receiving dividends as a shareholder.
-
PerformanceJune 27, 2025
Are you paying more than your fair share in property taxes?
How can you know if you’re paying more than your fair share of property taxes? A property tax assessment review can help ensure accuracy.
-
ConfidenceAugust 23, 2024
Case Study: Steps in estate planning
Retirees Phillip and Martha faced challenges in ensuring their estate wishes were honoured due to differing family opinions.
Insights
-
Progress
August 01, 2025
Diagnosing hidden inefficiencies in your practice: Key insight and actionable strategies
How can you identify and address hidden inefficiencies in your practice? Discover key insights and takeaways from MNP’s recent webinar.
-
Agility
July 31, 2025
Planning for what’s next: Strategies for forestry businesses in uncertainty
-
Confidence
July 30, 2025
How to unlock the growth potential of your business with a fractional financial executive
How can your business navigate financial complexities as it continues to grow? A fractional financial executive can help unlock your growth potential.