N.B. introduces amendments to reinstate tuition tax credit for students

New Brunswick's Tory government has introduced legislative amendments that would reinstate the tuition tax credit for students.

The tax credit would be available to full and part-time students attending private and publicly funded institutions.

Students or their qualifying relatives would be able to apply for the tax credit when they file their annual personal income tax returns beginning in 2020.

The amendments would also allow for tax credits from 2017 and 2018 to be claimed for the 2019 and subsequent taxation years.