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FREDERICTON – New Brunswick Finance Minister Cathy Rogers tabled a $9.6 billion budget for 2018-19 on Tuesday. Here are some highlights:
— A projected deficit of $189 million, with the projection of a balanced budget by 2021-22, a year later than the Liberals originally forecast.
— The provincial debt will reach $14.4 billion by the end of March 2019, or about $19,050 for every man, woman and child in the province.
— The budget contains no new taxes or fee increases.
— The budget includes $73 million in new targeted spending to support economic competitiveness, youth employment and seniors.
— The Health Department budget increases by 3.7 per cent to $2.75 billion.
— Spending for Education and Early Childhood Development is $1.26 billion — up 6.1 per cent.
— The Tourism Department budget increases by 4.1 per cent to $62.6 million.
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