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N.B. residents lose more money than expected to at-home slots

New Brunswick residents lost $7.3 million on at-home slots and table games at Atlantic Lottery Corporation’s “iCasino” during the first eight months of its operation, records show. ....

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N.B. redistributes $163 million in carbon tax cash

Winnipeg Free Press
By: The Canadian Press
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FREDERICTON - New Brunswick s finance minister is returning $28 million to New Brunswickers through a personal income tax cut.
New Brunswick Finance Minister Ernie Steeves speaks at a news conference in the Legislature in Fredericton, N.B., on Tuesday, March 16, 2021. THE CANADIAN PRESS/Stephen MacGillivray
FREDERICTON - New Brunswick s finance minister is returning $28 million to New Brunswickers through a personal income tax cut.
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Ernie Steeves says the benefit is part of the government s commitment to recycle $163 million in revenue generated from the carbon tax.
Steeves says the change would reduce the income tax rate on the first tax bracket from 9.68 per cent to 9.4 per cent for the 2021 taxation year, benefiting more than 420,000 taxpayers. ....

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Wood has never been so valuable - so why aren't New Brunswick trees worth more?

Wood has never been so valuable, so why aren t Â New Brunswick trees worth more?
New Brunswick is receiving no extra royalties from forestry companies for trees they are cutting on crown land thisÂ year, even though prices for lumber made from those trees are at record highs and other provinces are moving to claim some of that growing windfall for their taxpayers.
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Lumber prices have tripled in the last year but NB timber royalties paid by forestry companies haven t budged
Posted: Apr 20, 2021 5:00 AM AT | Last Updated: April 20
A 10 foot long, heat treatedÂ and kiln driedÂ two-by-four was selling for $12.35 in Saint John over the weekend, as lumber prices of all kinds hit record levels in North America. (Robert Jones / CBC News) ....

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