Canada: Tax measures in 2021 budget (New Brunswick)

Canada: Tax measures in 2021 budget (New Brunswick)

New Brunswick’s budget for 2021—presented 16 March 2021—does not include any proposed changes to the corporate or individual (personal) tax rates.


Related content

The budget confirms that the province's carbon tax would increase to $40* per tonne (from $30 per tonne) on 1 April 2021, as required by Canada’s federal carbon tax backstop program. Therefore, the carbon tax in New Brunswick would increase by 2.21 cents per litre for gasoline and 2.68 cents per litre for diesel.

Read a March 2021 report [PDF 239 KB] prepared by the KPMG member firm in Canada

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal