Release
Department of Finance and Treasury Board
February 05, 2026
FREDERICTON (GNB) – Data focused on the government’s economic commitments offers reason to celebrate and highlights opportunity for growth, according to Finance and Treasury Board Minister René Legacy.
He said government is working to deliver a thriving economy in New Brunswick, and progress is being made.
“On the topic of wages, I am proud to say that we are exceeding our target,” said Legacy. “Earnings growth is not only above our goal, but also surpassing the national average. However, we know there is still important work to be done – especially in the area of engaging our young people in education, employment or training.”
With respect to the growth of average weekly earnings, the government’s goal of three per cent last year was surpassed, with a final tally of 3.7 per cent reported for 2024. However, the goal of getting more people aged 20-29 engaged in education, employment or training fell short by 3.4 percentage points.
Other department highlights from the previous year included collective agreements with unions representing nurses, Crown counsel, school bus drivers and others; the 10 per cent rebate on electricity usage; a three per cent rent cap; and a property tax assessment freeze.
Data outlining progress on economic priorities and other government commitments is available online.
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Media Contact(s)
Mir Hyder, communications, Department of Finance and Treasury Board, [email protected].