New Brunswick

Business Leaders Say Provincial Budget Lacks Growth in Quispamsis

By

James Sinclair
March 20, 2026 4:10 pm

On March 19, 2026, the Saint John Region Chamber of Commerce, which represents businesses in Quispamsis and the surrounding area in New Brunswick, issued a critique of the newly released provincial budget. The organization argued that the financial plan for the 2026-2027 year focuses too much on spending and does not do enough to support local economic growth. While the Chamber acknowledged investments in healthcare and education, it warned that the province lacks a clear strategy to address long-term financial challenges.

The provincial budget projects a deficit of about $1.39 billion, with total spending reaching $15.6 billion against $14.2 billion in revenue. Shannon Merrifield, the CEO of the Chamber, stated that the province cannot simply spend its way out of its current situation and needs a coordinated plan to increase revenues over time. Without such a plan, she noted that the region risks falling further behind as provincial debt continues to climb toward $20 billion.

The Chamber did voice support for specific government measures, including a commitment to reduce the size of the civil service by 12 percent over the next three years. They also support the plan to start charging tolls to vehicles from outside the province at the Aulac border. However, the group maintains that current funding for economic development is too small to provide the long-term stability that businesses in the community need.

Local business leaders are encouraging the provincial government to better align its policies with the region-s industrial and energy assets to foster sustainable growth. The Chamber believes that a shift toward fiscal discipline and a more coordinated economic strategy is necessary to support the commercial development of the Quispamsis area. They argue that the province must prioritize building a stronger tax base rather than relying on continued borrowing.

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