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New Brunswick faces a $1.3 billion deficit, prompting potential cuts to services and exploration of new fees and royalties to stabilize finances.
New Brunswick faces a $1.3 billion deficit, threatening widespread cuts to government services as debt nears $13.9 billion and annual debt costs hit $740 million.
Officials are considering workforce reductions, slashing consultant contracts and non-profit grants, and reevaluating infrastructure projects, including underused schools.
Health care and education, over half the budget, may see changes like shifting hospital beds to long-term care and reviewing subsidies.
Tax increases are unlikely, but new fees, higher mining royalties, property tax reforms, and out-of-province vehicle tolls are being explored to stabilize finances.
Nueva Brunswick se enfrenta a un déficit de $ 1.3 mil millones, lo que provoca posibles recortes en los servicios y la exploración de nuevas tarifas y regalías para estabilizar las finanzas.