
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
-
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.
-
ConfidenceJune 06, 2025
Federal government tables legislative proposal to provide GST relief for first-time home buyers
Canadian first-time homebuyers could soon save up to $50,000 on the purchase of a newly built home. Read our overview to learn more.
-
ProgressJune 05, 2025
Financing the family farm for the future
Building a healthy balance sheet for your family farm now is the best way to guarantee prosperity for future generations.
Insights
-
Performance
June 19, 2025
Are you in the market for more equipment? Whether you buy or lease could make a big difference in your farm’s success
Building an asset purchase plan before buying new equipment can help you make an informed decision to best suit your needs.
-
Progress
June 18, 2025
Choosing the right talent: A guide to employee ownership and profit sharing plans
Boost business growth and employee loyalty with a well-structured ownership or profit-sharing plan that aligns with your goals and rewards top talent.
-
Confidence
June 18, 2025
Succession Planning Basics: How to get what you want for your business
Knowing what you need and what your options are is difficult to do on your own and often the reason business owners fail to plan for their own exit.