All but 2 N.B. departments see capital budget increases for 2026-27
CBC
The Holt government has bumped up spending for several files in what Finance Minister René Legacy called the “the largest investment in capital in our province’s history.”
The province announced its 2026-27 capital budget on Tuesday.
“The capital budget I am tabling ... meets the moment we are in,” said Legacy.
“These projects will strengthen the services families rely on every day and reinforce the foundations of strong and vibrant communities."
Overall, the province is planning on spending more than $200 million over what was allocated to be spent last year.
The Department of Education and Early Childhood Development received a bump of almost $49 million in its budget.
Much of the infrastructure spending will be on several school projects already under construction, but the province also highlighted six new major projects.
These include new schools in the Moncton and Woodstock areas, and upgrades to unnamed schools in the Fredericton and Rexton areas.
Legacy said a growing population and aging infrastructure has increased the pressure schools are feeling.
“Strong schools build strong communities,” said Legacy.
“These investments support our government’s goal of ensuring that every student, in every region, has the opportunity to succeed.”
Legacy told reporters after his budget speech that a lot of work still needs to be done to make sure there are enough classrooms for New Brunswick students.
“My real concern with schools is … how many we open,” said Legacy.
“We only opened one school this year, … we're only planning to open one next year.
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