Executive summary
On 10 March 2020, New Brunswick Finance and Treasury Board Minister Ernie Steeves tabled the province’s fiscal 2020–21 budget. The budget contains no new taxes and no tax increases.
The Minister anticipates a surplus of CA$92.4 million1 for 2020–21 and projects surpluses for each of the next three years.
The following is a brief summary of the key tax measures.
Detailed discussion
Business tax measures
Corporate tax rates
No changes are proposed to the corporate tax rates or the $500,…