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15.12.2020 / 21:59

N.B. government touts fiscal restraint with $673 million capital budget

Ernie Steeves says the province is holding the line on capital spending despite the COVID-19 pandemic.“We have prioritized projects that balance our needs against what we can afford, acknowledge where we are in our recovery, and the important role the private sector will also play in supporting this recovery,” said Steeves during his speech before the legislature on Tuesday.“While it would be easy to significantly increase our capital plan during these uncertain times, I appreciate that difficult decisions had to be made.” New Brunswick government tables 2020-21 capital budget in legislature The third capital budget of the Blaine Higgs PC government totals $673.4 million for 2021-2022, up from $599.2 million in 2020-2021.Of that, $128

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New Brunswick forecasts nearly $300 million deficit as result of COVID-19

The New Brunswick government is now forecasting a deficit of $299 million dollars for 2020-21, instead of the $92 million surplus it projected when it released its budget this spring.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
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