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
-
PerformanceApril 16, 2024
Software in British Columbia: Taxation in perpetual motion
What software is taxable in British Columbia for PST purposes? Discover the changes introduced in the province’s 2024 budget.
-
PerformanceApril 16, 2024
2024 Federal Budget Highlights
View MNP’s full tax analysis of the 2024 federal budget.
-
PerformanceApril 10, 2024
What should importers expect with CARM R2 and the CN24-14 blackout period announcement?
How will the upcoming changes at the Canada Border Services Agency (CBSA) impact businesses that import goods into Canada?
Insights
-
Performance
April 24, 2024
How monitoring your results can help you make informed decisions for your manufacturing business
How can you make informed decisions to support the future of your manufacturing business? These tools can help you achieve the right results.
-
Performance
April 17, 2024
Conflict in the workplace: the ripple effect on small businesses
Conflict in the workplace can impact small businesses, affecting team dynamics, productivity, and company culture.
-
Confidence
April 17, 2024
Following these steps will protect your practice value if emergency strikes
You can’t predict the future, but building a plan helps to keep your business protected.