National Newswatch

New Brunswick government finances officially unsustainable

Nov 21 2020 — Jake Fuss and Alex Whalen — Due to the pandemic and economic downturn—and subsequent increased government spending, shrinking economy and lower projected government revenues—the Higgs government in New Brunswick, like other provinces across Canada, faces a large budget deficit and rising provincial debt. More important than this year’s deficit, however, are the long-term fiscal challenges looming over the province. The Parliamentary […]