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Moncton Chamber says dose of reality in first provincial Liberal budget

Tara Clow March 19, 2025 1:00 pm Last Updated on February 8, 2026 7:05 pm

Disappointing, but not surprising, that’s how the Chamber of Commerce for Greater Moncton describes a projected deficit in the Liberal government’s first budget.

Finance Minister Rene Legacy delivered the 2025-2026 spending plan on Tuesday with a projected deficit for the year of $549 million. The government is also forecasting red ink in all four years of its mandate.

“We appreciate the government is facing some significant new challenges and uncertainty,” says Kim Wilson, CEO of the Chamber of Commerce for Greater Moncton.

It says the government has delivered a dose of fiscal reality to businesses and residents..

The Chamber adds there are also some bright spots with money for healthcare, housing and a tariff response plan.

Author

Tara Clow

Tara Clow is a multi-award-winning news anchor and reporter with more than 30 years of experience at radio stations across Canada. She is a graduate of the Radio and TV Arts program at Toronto Metropolitan University and the Humber College radio broadcasting program. She is based in Moncton and covers stories across Canada. Contact Tara at clow.tara@radioabl.ca.