The federal government could learn from New Brunswick’s prudent budgeting, says the Canadian Taxpayers Federation (CTF). CTF’s evaluations of other provinces haven’t been so shining, however, as many provinces have unveiled their budgets in recent days.
New Brunswick Premier Blaine Higgs held the line on sweeping income tax cuts from last year, CTF noted in a March 23 release. Higgs reduced net debt by $2 billion, and projects a surplus every year for the next three years. His budget focuses on key sectors, including health and education.
“New Brunswick is … the only province in Canada that can say that it has a lower debt load than it did five years ago,” CTF said….