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Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget

  • New Brunswick Premier Susan Holt stated that the tariff war with the United States is prompting a reevaluation of the province's trade policies, including allowing alcohol sales across provincial borders and direct sales to consumers from New Brunswick companies.
  • Holt mentioned that the uncertainty of U.S. Tariffs is complicating budget preparation, which is anticipated to show a significant deficit due to potential drops in revenue of up to 30%.
  • Holt reaffirmed her commitment to improving New Brunswick's healthcare system despite budget constraints and is seeking new markets for trade diversification.
  • Holt emphasized the importance of maintaining healthcare promises despite financial challenges, including establishing 30 new clinics over three years.
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Public Service Alliance of Canada broke the news in on Tuesday, March 11, 2025.
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