By working together we have delivered on growing the economy, a stronger health care system and have made record investments in education.
Given the 2015 result and expectations for 2016 and 2017, the province’s economy is on track to grow by 3.5 percent over a three-year period, more than triple the level seen between 2007 and 2014.
As a result, some positive economic trends are emerging:
- In 2015, New Brunswick experienced the third-best
economic growth in the country, and growth is expected to continue in 2016.
- In 2015, the GDP contribution of agriculture increased by 12.2 per cent. The government expects continued growth in this sector due in part to its focus on blueberries, maple syrup, attracting immigrant farmers and other efforts.
- At 13.4 per cent, New Brunswick has one of the lowest rates of youth unemployment in decades.
In 2016, your government continued its trend of investing more in education than ever before in the province’s history, including:
- delivering a free tuition program
to students from families earning less than $60,000 per year;
- creating 10-year education plans;
- expanding and improving the SEED program;
- committing to making
daycare more affordable and accessible for all of our children; and
- delivering on strategic infrastructure
projects at our universities and colleges.
Your government supported the creation of more than 9,700 jobs in New Brunswick and saw the largest overall increase of average weekly earnings in the country in 2016. The government has been working hard to grow the economy, create jobs, and support New Brunswickers and their families by:
- releasing the New Brunswick Economic
- lowering the small business tax
for the second year in a row;
- raising the minimum wage;
- investing more money in infrastructure to create
jobs and improve roads and schools;
- increasing economic development by promoting and investing in New Brunswick
- implementing pay equity giving a better quality of life to women, children and families.
Government is making the province the best place to live, work,
and raise a family by:
- investing $56 million with the federal government in affordable housing;
a moratorium on hydraulic fracturing until five conditions can be met;
- helping hundreds of school
students who struggle with mental health challenges through Integrated Service Delivery for at-risk
children and youth, creating a mental health centre of excellence to ensure access to necessary
Government has also invested in projects and initiatives
in the Fredericton region including:
- Recent announcement of 11 new physicians to begin working in the
- $1 million this year to pre-construction work for the Two Nations Crossing interchange;
new jobs over three years in the security division through IBM;
- 145 new jobs in the IT sector, though
PLATO and PQA;
- investing in LiveOps Cloud, a leading contact centre-as-a-service provider, to create
50 new jobs in Fredericton;
- investing in Accreon Inc., a Fredericton-based technology and business services
firm, to create up to 120 jobs in the IT sector as it expands exports into the US market;
- $815,000 this year towards the operation of the Hospice House in Fredericton. The provincial government will provide continuous annual funding.
- $4.8 million for a new permanent location for the Fredericton Downtown Community Health Centre;
- announced that Fredericton will be the demonstration site for introducing
midwives into the health-care system;
- In the Fredericton region, the Department of Transportation and
Infrastructure alone is spending more than $45 million this year on infrastructure like roads, bridges and buildings. In 2016-17, the government has committed:
- $6.4 million for work on the Regent
Street overpass and the Regent-Prospect intersection;
- $4.2 million on mid-life upgrades and
other work at Fredericton High School;
- $3.4 million in renovations and other work at the Dr. Everett Chalmers Regional Hospital.
Over the past two years, our efforts demonstrate we are listening and understand that growing the economy and investing in education and health care are important to New Brunswickers and their families. We will continue to work hard on these priorities and with your support, we are getting things done.