More needs to be done to rein in public spending in New Brunswick, concludes a new report on the province’s debt and deficit that raising the possibility of rural hospital closures and school consolidations as ways to save money.

The policy paper by the Atlantic Institute of Market Studies states the provincial government “has not adjusted to the reality of declining revenues and spending now significantly exceeds revenue, resulting in large deficits and growing debt.”

*This report is available at CBC New Brunswick