The 2023 Economy in Review report reveals significant advancements in New Brunswick’s economy, highlighted by population, employment, and investment gains. Province’s Finance Minister Ernie Steeves noted the province’s 1.3% economic growth, consistent with 2022. New Brunswick’s population surged by 3.1%, reaching an all-time high driven by immigration. Employment climbed 3.5%, hitting a record 386,500 jobs, while the unemployment rate dropped to a historic low of 6.6%. Investment in building construction soared to $3.8 billion, marking a 9.3% increase, with total capital investments reaching $5 billion.
