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New Brunswick ends fiscal year with $104.4-million deficit as health care costs rise
The province's net debt rose to $12.3 billion as health, education, and social program costs outpaced revenues despite a $156 million tobacco settlement.
- New Brunswick finished the 2024-25 fiscal year with a $104.4-million deficit instead of the budgeted $40.9-million surplus.
- The province's net debt rose from $11.8 billion to $12.3 billion, with increased spending on health care and social programs being the main factors.
- New Brunswick received $156 million as part of a $32.5-billion settlement from major tobacco companies over smoking-related health care costs.
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Sask Today+5 Reposted by 5 other sources
New Brunswick ends fiscal year with $104.4-million deficit as health-care costs rise
FREDERICTON — New Brunswick’s finance minister says the province finished the 2024-25 fiscal year with a $104.4-million deficit, instead of the $40.9-million surplus they had budgeted for. René Legacy said the province's net debt rose to $12.
New Brunswick ends fiscal year with $104.4-million deficit as health care costs rise - New Brunswick
New Brunswick’s finance minister says the province finished the 2024-25 fiscal year with a $104.4-million deficit, instead of the $40.9-million surplus they had budgeted for.
·Toronto, Canada
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Winnipeg Free PressReposted by 
Prince George Citizen
Prince George CitizenNew Brunswick ends fiscal year with $104.4-million deficit as health care costs rise
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources10
Leaning Left5Leaning Right0Center2Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 29%
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