New Brunswick’s Finance Minister Ernie Steeves delivered the province’s 2019 budget on March 19, 2019.
New Brunswick's Finance Minister Ernie Steeves delivered the province's 2019 budget on March 19, 2019. The budget anticipates a surplus of $4.5 million for 2018-2019 and projects surpluses of $23 million for 2019-2020, $33 million for 2020-2021 and $63 million for 2021-2022. The budget does not include any new changes to the province's corporate or personal tax rates. However, New Brunswick announces in this budget that it will not parallel the federal tax measure to phase out the small business limit for Canadian-controlled private corporations (CCPCs) based on passive investment income.
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