New Brunswick’s municipalities have been asking for changes to the system by which they fund themselves for years, and now a report by a Mount Allison economist is helping them make their case.
In Toward a New Fiscal Framework for New Brunswick Municipalities, Dr. Craig Brett outlines the financial issues facing local governments, and recommends a diversified income for municipalities through an allocation of 1% of the provincial HST.
“Municipalities want something done,” says Brett. “They feel like the job of municipal restructuring is only half done. The physical stuff is done, but the the money part is just left to drift right now.”
