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CFIB has expressed disappointment over the 2016-17 provincial budget released Tuesday, stating that the HST hike of two percentage points will have a negative impact on the economy.
One Fredericton’s economic development groups is concerned New Brunswick has lost its competitive edge.
New Brunswick now has some of the highest taxes in Canada.
New Brunswick’s business community says budget does little to support business growth.
A number of large and small measures went into the New Brunswick budget.
Little impact on hospitals and schools in the New Brunswick budget.
The 2016-17 budget aims to return to a balanced budget by cutting spending and introducing new revenue measures. This will come most notably at the expense of both individual and corporate taxpayers.