• New Brunswick’s surplus power sales to U.S. could close Irving Paper, firm warns

    Source: New Brunswick - Regional News
    Date: 2026-10-30 15:32:23.0
    Tags: [New Brunswick, Energy, Industry, Economy, Governance]

    J.D. Irving Ltd. executive Mark Mosher warned that a policy change by New Brunswick's Crown-owned electric utility, NB Power, could force the closure of the Irving Paper mill and increase operational costs by an estimated $10 million annually. The policy shift allows NB Power to sell its excess surplus electricity to out-of-province and U.S. buyers at market rates first, forcing in-province industrial clients to rely on more expensive excess power. Energy Minister Rene Legacy stated that the provincial Liberal government will not intervene or reverse the regulatory decision, leaving the matter to be reviewed through an application submitted by J.D. Irving Ltd. to the New Brunswick Energy and Utilities Board.

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  • Carney in Saint-Pierre-et-Miquelon to meet with Macron

    Source: CBC Politics
    Date: 2026-09-20 14:40:36.0
    Tags: [National, Trade, Defence, Industry, Energy, Governance]

    Prime Minister Mark Carney traveled to the French territory of Saint-Pierre-et-Miquelon to meet with French President Emmanuel Macron for bilateral discussions ahead of the UN General Assembly. The leaders addressed strengthening strategic partnerships in aerospace, energy, and critical minerals amid rising geopolitical tensions. The meeting follows European Commission President Ursula von der Leyen's proposal for Canada to become the first associate member of the European Union, an initiative that Carney stated will be debated and voted on in Parliament. Additionally, Canada and the European Union have previously established ties through a free trade agreement and Canada's membership in the EU's defense procurement program.

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