On March 22, 2022, Finance Minister Ernie L. Steeves tabled New Brunswick’s 2022-23 budget. The estimates provided in NB Budget 2022 show that the province projects a surplus of $488 million for the 2021-22 fiscal year, compared to a $245 million deficit projected for the same fiscal year in the previous budget.
From a fiscal perspective, the province projects a surplus over the next three years as follows:
Year |
Projected surplus / (deficit) |
2022-23 |
$35 million |
2023-24 |
$21 million |
2024-25 |
$39 million |
Visit our Budget 2022 hub to learn more about all federal and provincial budgets.