State of the province: Higgs uses speech to say N.B. is ready to build on its success
New Brunswick Premier Blaine Higgs says his province has emerged from the pandemic stronger than ever and is ready to build on its successes.
That was the premier's message Thursday night as he delivered his annual state of the province address to a business audience in Fredericton and on community television across New Brunswick. Higgs said the province's economy is recovering faster than expected.
"Last week, the Bank of Montreal recognized our strong population growth and our speedy vaccine rollout that helped us weather the pandemic," he said. "Scotiabank said we have a concrete plan to cautiously boost spending while maintaining balance. And the Royal Bank said that New Brunswick has plenty of success to build on. We certainly do."
Higgs said private investment is up and expected to exceed $4 billion this year. The premier highlighted numerous companies that are either setting up or expanding in New Brunswick and creating jobs. Among them, he said, Walmart is spending $56 million on a new facility in Moncton that will create 200 jobs.
The population is also on the rise, recently topping 800,000 residents.
"In the last calendar year, we welcomed more than 8,400 newcomers from other countries," Higgs said. "Our teams have exceeded all immigration targets, including for skilled trades, francophone newcomers and international student nominations."
He said in order to build on that momentum, the province will launch a new immigration service to assist employers and newcomers.
The premier said the recent spring budget includes more spending on health care, education and environmental protection. He said changes in health care have resulted in shorter wait times for surgeries, adding that funding has been allocated to hire more nurse practitioners and other professionals.
He also promoted tax changes included in last week's provincial budget, such as a 50 per cent provincial property tax rate reduction for apartment buildings and other rental properties. And Higgs mentioned his government's one-year cap on rent increases.
The $11.3-billion budget projected a slim surplus of $35 million for 2022-23.
Higgs said that during the pandemic, many New Brunswickers rediscovered the province. The government's Explore NB Travel Incentive Program was very successful, generating more than $20 million in spending across the province, he said.
Higgs said a new tourism campaign will be launched next week to get New Brunswickers to encourage friends and family to visit the province.
"We need you to help extend the invitation to those near and far," the premier said. "We know when people experience everything that we have to offer, they'll want to stay longer. Maybe even a lifetime."
This report by The Canadian Press was first published March 31, 2022.
CTVNews.ca Top Stories
'Immoral depravity': Two men convicted in case of frozen migrant family in Manitoba
A jury has found two men guilty on human smuggling charges in a case where a family from India froze to death in Manitoba while trying to walk across the Canada-U.S. border.
Canada's tax relief plan: Who gets a cheque?
The Canadian government has unveiled its plans for a sweeping GST/HST pause on select items during the holiday period. The day after the announcement, questions remain on how the whole thing will work.
Quebec man, 81, gets prison sentence after admitting to killing wife with Alzheimer's disease
An 81-year-old Quebec man has been sentenced to prison after admitting to killing his wife with Alzheimer's disease.
Canada issues travel warning after 6 people die from tainted alcohol in Laos
The Canadian government is warning travellers following the deaths of at least six people in the mass poisoning of foreign tourists in Laos after drinking tainted alcohol.
Pat King found guilty of mischief for role in 'Freedom Convoy'
Pat King, one of the most prominent figures of the 2022 'Freedom Convoy' in Ottawa, has been found guilty on five counts including mischief and disobeying a court order.
Ground beef tied to U.S. E. coli recall, illnesses wasn't sold in Canada: distributor
At least 15 people have been sickened by E. coli poisoning tied to a recall of potentially tainted ground beef, U.S. federal health officials said. The company tells CTVNews.ca it was not sold in Canada.
Canada's new income tax brackets in 2025: What you need to know
The Canada Revenue Agency has released updated federal income tax brackets for 2025, reflecting adjustments for inflation. Here’s the breakdown.
Measles outbreak: Canada sees highest number of cases in past nine years
Thirty new measles cases were reported this week in Canada, bringing the total number in Canada to 130 in 2024.
Food prices continue to outpace inflation in Canada
For the second straight month, grocery prices in Canada rose faster than the inflation rate, and beef in particular is significantly pricier than it was last year.