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March 17, 2021

New Brunswick budget 2021-22 discussed

New Brunswick Minister of Finance and Treasury Board Ernie Steeves tabled the province's fiscal 2021-22 budget on March 16. The budget contains no significant tax measures affecting individuals and corporations. The minister anticipates a deficit of $244.8 million for 2021-22 and projects deficits for each of the next two years.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.


Full text of Tax Alert