• $463M Port of Saint John project aims to boost New Brunswick exports

    Source: New Brunswick - Regional News
    Date: 2026-10-21 21:29:02.0
    Tags: [National, New Brunswick, Infrastructure, Transportation, Trade, Economy]

    Federal Transport Minister Steven MacKinnon and New Brunswick Premier Susan Holt announced a $463 million infrastructure initiative called the Saint John Trade Corridor, marking the first project funded through the federal Trade Diversification Corridors Fund. The federal government is contributing $254 million, the Government of New Brunswick is providing $116.5 million, and project delivery partners are supplying the remaining $92.5 million. Key components of the project include dredging the main channel at Port Saint John to allow two-way traffic at high tide, constructing a new 2,787-square-metre Canada Border Services Agency container examination facility, stabilizing shorelines to protect rail capacity at the NBSR Bayshore Rail Terminal, replacing over 100 kilometres of existing rail, and reconstructing the Simms Corner intersection to alleviate congestion and improve safety.

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  • New Brunswick gets $219 million loan from Ottawa for hydroelectric dam repair work

    Source: New Brunswick - Regional News
    Date: 2026-10-13 17:06:33.0
    Tags: [New Brunswick, National, Infrastructure, Energy, Environment, Climate]

    The federal government announced nearly $270 million in funding for New Brunswick energy facilities, featuring a $219 million loan from the Canada Infrastructure Bank for the Mactaquac Life Achievement Project and a $50 million grant to upgrade the Salisbury Terminal near Moncton. The funding supports technical studies, regulatory reviews, and planning to extend the 672-megawatt Mactaquac Generating Station's operational life to 2068, counteracting concrete swelling caused by alkali-aggregate reactions. NB Power officials stated that the total project cost is projected to approach $9 billion, while the federal government emphasizes the investment's alignment with Ottawa's net-zero electricity grid goals by 2050.

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  • Feds grant New Brunswick $461 million for infrastructure projects

    Source: New Brunswick - Regional News
    Date: 2026-09-25 20:10:15.0
    Tags: [National, New Brunswick, Infrastructure, Housing, Healthcare, Education]

    The federal government, through the Department of Housing, Infrastructure and Communities, has announced a $461 million funding transfer to the Government of New Brunswick via the $51-billion Build Communities Strong Fund from the 2025 federal budget. The agreement allocates $305 million toward housing and post-secondary education projects, with New Brunswick committing not to increase fees or taxes that hinder housing supply. Additionally, $155 million is designated for health infrastructure, including $25.7 million for endoscopy modernization and expansion and $1 million for future planning at the Dr. Georges-L.-Dumont University Hospital in Moncton.

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