Proposed Wind Farm Receives First Approval From Saint John Council
Saint John Common Council passed first and second reading of a rezoning application Monday night for the Burchill Wind Project.
Perry, Brad
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Nuclear Needed To Become Carbon Neutral: Moltex Energy
A British company developing small modular reactors in New Brunswick says there is no way to become carbon neutral without nuclear.
Unemployment Rate Falls In N.B.
The latest labour force survey, released Friday, shows the province added 1,500 full-time jobs and lost 1,400 part-time positions. But the unemployment rate fell 0.6 percentage points to 6.9 percent as fewer people searched for work.
Central Bank Lowers Key Interest Rate
The central bank cut its overnight rate target by half a percentage point Wednesday to 1.25 percent.
Seafood Expo Postponed Over COVID-19 Concerns
New Brunswick exported nearly $1.7 billion worth of seafood products in 2018, with the top products being lobster, salmon and crab. The top export destinations included the U.S., China and Japan.
Seven Companies Interested In Buying Or Leasing TD Station, Aquatic Centre
In January, city officials announced they were seeking private operators for TD Station and the Canada Games Aquatic Centre.
Xplornet To Be Acquired By U.S. Company
Xplornet has entered into a binding agreement with private-equity firm Stonepeak Infrastructure Partners. Xplornet hasn’t officially released the value of the sale, but Bloomberg, citing people familiar with the matter, has reported it will be sold for about $2 billion.
Lumber Producers Want To See North American Trade Deal Ratified Soon
The majority of New Brunswick Lumber Producers members are paying a duty of more than 20 percent on exports to the United States.
Unionized Workers At Saint John Airport Have New Deal
According to the airport, the agreement ensures the 25 unionized employees receive a new pension plan and wage increases over the next five years.
New Brunswick Adds 4,600 Jobs In January
The unemployment rate was unchanged at 7.5 percent as the number of people searching for work increased by 5,100 people.
