
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
-
Trade Impact Navigator
Navigate legislative uncertainty and what it means for Canadian businesses.
-
PerformanceJanuary 17, 2025
Tax alert: Continued uncertainty amidst looming tax filing season — impact of proposed capital gain tax changes
Canada Revenue Agency has confirmed it will administer proposed capital gains measures for the 2024 tax year. Here’s what that means for taxpayers.
-
PerformanceJanuary 29, 2025
Trade chain reviews: What are they, and when do you need one?
Worried about tariffs and trade uncertainty? Here’s how to perform a trade chain review and how it can help improve your resiliency.
Insights
-
Performance
February 05, 2025
From tradition to transformation: Unlocking the power of data in agriculture
Data is transforming agriculture. Discover how integrated insights help producers reduce risks, improve profits, and embrace a sustainable future.
-
Agility
February 05, 2025
Canadian Agriculture Day
Explore how Canadian farmers are navigating rising costs, market shifts, and sustainability challenges to lead the way for agriculture’s bright future.
-
Trade Impact Navigator
Navigate legislative uncertainty and what it means for Canadian businesses.