Budget

Budget information for the Government of New Brunswick.

2025-2026 Budget highlights

Prioritizing health care

The government is prioritizing health care and investing nearly $293 million more than last year in the health-care system.

Supporting aging New Brunswickers

The government is investing $22 million for nursing homes and specialized beds to support the province’s aging population and keep wait-lists from growing.

Youth and education

To provide the support students and teachers need and help stabilize classroom learning environments, the government is investing an additional $32.4 million for educational assistants and behavioural intervention mentors.

Housing

To address the significant housing challenges New Brunswickers face, the government is investing an additional $36.6 million in the New Brunswick Housing Corporation.

Economic and fiscal conditions

The department projects real GDP growth of 1.1% for 2025.  Revenues are projected to be $13.8 billion, and spending is projected to be $14.3 billion. The projected deficit for 2025-26 is $549 million.

Responding to tariffs

To address challenges resulting from tariffs imposed by the United States, the government has established a support package of $112 million.

 

 

"This is a budget that reflects the changing economic environment and the need to respond strongly to our challenges, while keeping our promise to New Brunswickers to invest in areas that will make a meaningful difference in their daily lives. We will not keep putting off critical investments that are desperately needed now." Hon. René Legacy, Finance and Treasury Board Minister

 

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2025-2026 Budget

2025-2026 Capital Budget

Announced on December 10,  2024

A capital plan that recognizes the multi-year aspect of the projects that are currently underway, our capacity to address our infrastructure needs, and is fiscally responsible.