Annual Reports by Subject

State of New Brunswick’s Financial Condition

Results of our Audit of the Province of New Brunswick’s Financial Statements

Results of Crown Agency Financial Statement Audits

FREDERICTON (GNB) – Auditor General Paul Martin tabled a report today in the legislative assembly on his office’s financial statement audit of the provincial government for the 2023-24 fiscal year and other key findings.

“The past several years, we have seen the province’s financial condition continue to improve,” said Martin.

The province’s surplus of $501 million represents the seventh consecutive surplus, and net debt is at its lowest point since 2015 at $11.8 billion. Martin said this year’s surplus, while down from last year, was partly driven by personal income tax, corporate income tax and harmonized sales tax revenues. However, provincial tax revenues have decreased by $133 million from the previous year.

The report includes chapters on the province’s financial condition and findings from financial audits of the government and its Crown agencies.

“I am pleased to report we issued an unqualified, or clean, audit opinion on the province’s financial statements,” said Martin.

All chapters on the financial audit can be found in Volume III of the 2024 auditor general’s report, which is available online.

(Performance Audit) – This volume presents the results of our performance audits on the Child Death Investigation, Inquest and Review Process, Access to Addiction and Mental Health Services, GNB’s Accommodations Travel Policy, and a follow-up report to summarize the status of our past-year recommendations.

Access to Addiction and Mental Health Services

Auditor General’s Comments