Category Archives: New Brunswick Power

(September 6, 1999) After years of political avoidance, New Brunswick’s fresh new provincial government, now less than three months old, has the best opportunity ever to fundamentally correct the problems that afflict its crown- owned utility, NB Power. The appointment of NB Power’s leading critic, UNB professor of business Norman Betts, as Premier Bernard Lord’s new Finance Minister signals that major new thinking will be brought to bear. Continue reading →

(February 25, 1999) Fredericton (CP) — Premier Camille Theriault says New Brunswick will hang on to its debt-ridden power utility despite the fact its future is still under study and a growing body of opinion that at least part should be sold. Continue reading →

(November 18, 1998) Fredericton – Jobs losses are imminent whether New Brunswick overhauls NB Power or not – it is just a question of who will be left unemployed. Continue reading →

(November 13, 1998) Fred McMahon’s overwhelming economic and environmental arguments (Time to pay off the miners in Cape Breton, Nov. 10) to eliminate subsidies sustaining the coal industry in Cape Breton apply with equal force to the coal industry in New Brunswick. Continue reading →

(November 11, 1998) Fredericton – NB Power can’t move further into the North American energy market until the provincial government sets the rules for deregulating the industry in New Brunswick, say executives at the provincially owned utility. Continue reading →

(October 26, 1998) New Brunswick’s big decision on the best methods to bring natural gas to energy users in the province provides an historic opportunity to benefit consumers and the environment. Natural gas distribution systems should be expanded in the province as rapidly as possible, consistent with maintaining the profitability of all investments. Continue reading →

(August 14, 1998) Despite criticism, plant remains fundamentally sound with low exposure risk. Although no nuclear power station in Canada suffered any serious breach of safety last year, Point Lepreau was singled out for greater criticism. Continue reading →

(August 12, 1998) Fredericton — Safety practices at Atlantic Canada’s only nuclear power plant have received yet another poor report card. Continue reading →

(July 28, 1998) ‘You’d have better luck selling a 1983 K-Car,’ analyst says of Point Lepreau. Fredericton – A nuclear energy expert says that privatizing NB Power will not allow the province to recoup the huge losses it has incurred because of the utility. Continue reading →

(July 23, 1998) Fredericton – Continuing with a Crown-owed electric utility that holds a monopoly on power generation and distribution in the province isn’t in the province’s best long-term interests, concludes a two-member task force that looked into options for the future for NB Power. Continue reading →