New Brunswick’s finance minister revealed Tuesday that the province is on track to post a record deficit of $1.3 billion, saying it will likely be several years before the budget lands back in the black.
“If you’re asking me within this mandate, if we’re going to get back to balanced budgets from $1.3 billion, it’s going to be extremely difficult,” René Legacy told reporters during the third-quarter update on the province’s finances Tuesday morning.
