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Highlights of New Brunswick's 2021-22 provincial budget

FREDERICTON — New Brunswick Finance Minister Ernie Steeves tabled a $10.7-billion budget for 2021-2022 on Tuesday. Here are some highlights: - Projected deficit of $244.8 million for 2021-22 and an increase in net debt of $241 million to reach $14.
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FREDERICTON — New Brunswick Finance Minister Ernie Steeves tabled a $10.7-billion budget for 2021-2022 on Tuesday. Here are some highlights:

- Projected deficit of $244.8 million for 2021-22 and an increase in net debt of $241 million to reach $14.1 billion by end of March 2022.

- $64.7 million to address continuing COVID-19 pressures, including $30 million to immunize New Brunswickers and $15.4 million for triage, assessment, testing and contact tracing.  

- Effective April 1, the province will increase its tax on carbon-emitting products to $40 per tonne from $30 per tonne as required by the federal backstop. This will result in a carbon tax increase of 2.21 cents per litre for gasoline and 2.68 cents per litre for diesel.  

- $7 million in spending across several departments to address mental health issues.   

- $11.1 million for physician recruitment in 2021-2022.  

- Renewal of the Explore NB Travel Incentive program that offered New Brunswickers a 20 per cent rebate on travel expenses within the province last year.

This report by The Canadian Press was first published Mar. 16, 2021.

The Canadian Press



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