New Brunswick continues to reap the benefits of increased federal government funding and a booming pandemic recovery to pad its budget surplus and pay down debt. The province is now projecting an $89.1 million surplus for the current 2021-22 fiscal year. "People were out spending money, but they were staying home, staying around New Brunswick and spending it here." The $89.1 million surplus is an even rosier projection than the one contained in the first-quarter update in October, when the surplus was pegged at $37.7 million. But it's lower than the $200 million to $300 million surplus Higgs was talking about just a couple of weeks ago.

Source: CBC News November 16, 2021 19:15 UTC