News

Fri
19
Dec

Government introduces moratorium on hydraulic fracturing

From left: Premier Brian Gallant and Energy and Mines Minister Donald Arseneault.

The provincial government has introduced a moratorium on hydraulic fracturing in the province, following through on its commitment to New Brunswickers.

Thu
18
Dec

Capital budget released

The provincial government’s 2015-16 capital budget totals $597.1 million, an increase over the previous year in support of strategic infrastructure investments which will create jobs and properly repair and maintain existing infrastructure.

The investment from this fund will total $114.6 million for 2015-16, with a possibility for further investment if funds can be leveraged from other sources.

Thu
11
Dec

Forestry agreements released to the public

The provincial government is fulfilling another commitment in Moving New Brunswick Forward by publicly releasing a series of forestry agreements signed last summer which gave private companies increased access to Crown land.

“The previous process lacked transparency and failed to share information with the public when it comes to our Crown Forests,” said Natural Resources Minister Denis Landry. “We are going to change that starting today by posting these documents online so that the public can assess them.”

Thu
11
Dec

Opportunities New Brunswick will open April 1

Legislation will be introduced today to establish a new crown corporation called Opportunities New Brunswick, which is intended to lead the way in job creation and economic growth in the province. A commitment in the document Moving New Brunswick Forward, the new corporation is expected be officially launched by April 1, 2015. From left: Premier Brian Gallant and Economic Development Minister Rick Doucet.

Mon
08
Dec

Point Lepreau Generating Station

The Point Lepreau Generating Station operated at 100 per cent reactor power during November, putting about 660 megawatts on the New Brunswick grid.

The net capacity factor for the month was 100 per cent. Capacity factor is the megawatt-hour output of a generating station compared to the maximum that could be produced. The station's monthly target for the fiscal year is 94 per cent.

In November the station produced about 48.8 per cent of the total net generation from NB Power generating stations.

Fri
05
Dec

Legislation introduced to reduce small business taxes

FREDERICTON (GNB) – Legislation was introduced today to decrease small business income taxes in New Brunswick beginning Jan. 1, 2015.
The amendments to the New Brunswick Income Tax Act will allow the government to implement a small business corporate income tax rate reduction which had been announced in October.
The rate will decrease from 4.5 per cent to four per cent.
"Our government recognizes the importance of small businesses in job creation and economic growth,” said Finance Minister Roger Melanson. “We want to help our small businesses succeed so that they can become more competitive, have more money to invest in developing new products and services, and become bigger players on the export market.”
Wed
03
Dec

Pro-Life Rally at opening of NB Legislature

Tue
02
Dec

Tory Party Leader Bruce Fitch meets with reporters

Tue
02
Dec

Tory Leader Bruce Fitch calls out Minister over breach in confidentiality

Speaking to reporters today at the New Brunswick Legislature, Tory leader, Bruce Fitch was upset that Minister of Energy, Donald Arsenault, made public comments of surprise and concern about Saint John Mayor Mel Norton insterest in starting a discussion on the treatment of fracking wastewater in the City.  Fitch was calling out the Minister for breach in protocol while the Premier was out of Province on a trip to the Francophonie Summit in Senegal.

Mayor Norton met with the government privately over the Economic Development plans for his region in Fredericton last Wednesday,  "In the spirit of co-operation I extended the offer to start the discussion on how Saint John can play a role in overcoming the barriers to moving this industry forward in an environmentally safe manner." he explained.  

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