Photo Credit: Government of New Brunswick
New Brunswick is taking another step toward strengthening the province’s innovation economy. On May 5, the Department of Finance and Treasury Board, alongside Opportunities New Brunswick, announced proposed updates to the Small Business Investor Tax Credit program aimed at helping local companies grow, attract investment, and scale in strategic sectors.
The program provides a non-refundable income tax credit to individuals who invest in eligible New Brunswick businesses and community economic development corporations, helping to unlock capital for entrepreneurs while supporting innovation, business expansion, and long-term economic growth across the province.
To learn more about the proposed changes, click here to read the news release.