Budget 2022

2022 New Brunswick budget summary

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On March 22, 2022, Finance Minister Ernie L. Steeves tabled New Brunswick’s 2022-23 budget. The estimates provided in NB Budget 2022 show that the province projects a surplus of $488 million for the 2021-22 fiscal year, compared to a $245 million deficit projected for the same fiscal year in the previous budget.   

From a fiscal perspective, the province projects a surplus over the next three years as follows:  

Year Projected surplus / (deficit)
2022-23 $35 million
2023-24 $21 million
2024-25 $39 million

Visit our Budget 2022 hub to learn more about all federal and provincial budgets. 


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