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News
Should N.B. retailers charge more for gas? EUB hears debate
1+ hour, 4+ min ago (1120+ words) Utilities board expert is recommending a decrease that would make gas slightly cheaper, but that’s as hearings hear warnings against it Gas prices in New Brunswick should be slightly lower as retailers are making more money after selling millions more…...
What Susan Holt must do to avoid a new looming fiscal cliff
1+ mon, 3+ week ago (1479+ words) New book issues stern warning that N.B. is ‘barrelling back toward bankruptcy,’ calling for a comprehensive expenditure review, but also for major health and housing spending This one wasn’t supposed to be a cliff hanger. When New Brunswick economist Richard Saillant…...
BREAKING: Bank of Canada holds key interest rate as economy flatlines
2+ mon, 6+ hour ago (461+ words) That said, inflation continues upward trajectory amid high gas prices, with the central bank leaving door open to both a rate cut or hike The Bank of Canada has left its key interest rate unchanged for the fifth consecutive time…...
Bank of Canada keeps interest rates flat but warns of rising inflation
3+ mon, 1+ week ago (780+ words) That’s as gas prices have been on a rollercoaster as global oil prices twist with every Iranian war update The Bank of Canada has left its benchmark interest rate at 2.25 per cent, as it tries to strike a balance between…...
BREAKING: Federal deficit now $11B lower, but still $67B in the red
3+ mon, 1+ week ago (1547+ words) The federal deficit is now $11 billion lower in fiscal 2025-26 than the Carney government originally predicted in its first budget. A newly released spring economic update attempts to tout the country’s resilience amid a turbulent world economy. It also unveils a…...
Small businesses plan to hike prices after years of rising costs: survey
3+ mon, 2+ week ago (744+ words) A survey of small businesses suggests many entrepreneurs are preparing to raise prices in the next six months after years of attempting to absorb rising costs tied to inflation rates, continued tariffs, and high oil prices. That’s according to a…...
UPDATE: Inflation climbs in New Brunswick as gas prices make record jump
3+ mon, 2+ week ago (697+ words) Inflation has climbed to 2.9 per cent in New Brunswick as gas prices soar. The price at the pumps was behind higher costs in every province in March as the conflict in the Middle East blocked oil supplies from flowing, according…...
Poor planning the reason deficit spending has ballooned: researcher
4+ mon, 4+ day ago (952+ words) UBC prof says failure of successive governments to prepare for boomers’ health care costs is real culprit behind province's huge deficit New Brunswick’s massive deficit spending reflects much more than economic turbulence, it’s the predictable cost of failing to plan…...
BREAKING: Inflation cools a little in N.B., but still second highest in country
4+ mon, 3+ week ago (444+ words) Inflation in New Brunswick has cooled for a second straight month, although while remaining the second highest in the country. New Statistics Canada data pegs inflation in the province year-over-year at 2.2 per cent in February. That’s better than 2.9 per cent…...
NB Power's rate hikes over 16 years outstrip inflation
4+ mon, 4+ week ago (821+ words) The public utility's CEO has argued for a long time that rates were kept artificially low. That's no longer the case. NB Power’s top executive has argued consistently for the last few years that her organization must charge customers a…...