Enbridge selling its New Brunswick business for $331 million

Enbridge Gas New Brunswick operates and maintains more than 1,200 km of natural gas distribution pipeline

Enbridge selling its New Brunswick business for $331 millionEnbridge Inc. is selling its Enbridge Gas New Brunswick business to Liberty Utilities (Canada) LP, a wholly-owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of $331 million. Enbridge said closing of the deal is subject to the receipt of regulatory approvals and other customary closing conditions expected in 2019. “This…

New Brunswick’s ban on fracking must be overturned

Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution

New Brunswick’s ban on fracking must be overturnedBy Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…

School choice a good first step to quality education in Atlantic Canada

Adopting the Alberta charter school model would give parents and children more choice and allow them to enjoy the benefits of competition

School choice a good first step to quality education in Atlantic CanadaCanadians experience the enormous economic benefits of competition daily. For most consumer goods, over time, Canadians pay less and get more. Businesses compete to offer customers the best products at the lowest prices; those with offerings that consumers judge unsatisfactory are eventually forced to go out of business. As long as there’s competition, consumers are…

Fundy Trail beckons you to get off the high-speed highway

The view along the Fundy Trail offers something at every compass point – crashing waves, rocks, hills, forests, waterfalls and streams

Fundy Trail beckons you to get off the high-speed highwayThis is the first of a five-part series on travel on Canada's East Coast. On my recent trip to New Brunswick, I finally drove the Fundy Trail and saw Fundy National Park. It inspired me to sell the province a new tourism slogan. The slogan, worth millions, is “Get Off The Road!” I’m also considering…

Ottawa’s contradictory climate policy just wastes money

Billions of dollars in spending announcements allow politicians to burnish their green credentials. But they don't get the job done

Ottawa’s contradictory climate policy just wastes money“Around the world, businesses, governments and experts agree that carbon pricing is the cheapest and most efficient way to cut carbon pollution,” Catherine McKenna, Canada’s environment and climate change minister, recently tweeted. If what she says is true, it means all other anti-carbon strategies – including regulations and subsidies – are unnecessarily expensive and inefficient.…

Federal carbon tax seems destined to fail

P.E.I. has added itself to the list of carbon tax opponents, following Premier Doug Ford of Ontario. And the list is growing

Federal carbon tax seems destined to failIf there ever was a federal carbon tax consensus in Canada, it's now dissolving. Rumours of its death have been floating for some time, but the recent Prince Edward Island announcement rejecting it has the feel of an unofficial invitation to its wake. Did the smallest provincial jurisdiction in the country kill Prime Minister Justin…

Carbon tax particularly dangerous to New Brunswick

The tax will slow the already-faltering New Brunswick economy and create a competitive disadvantage with U.S. businesses

Carbon tax particularly dangerous to New BrunswickWhile good intentions matter a great deal, results matter most. The federal government’s decision to impose a national carbon tax may be well-intentioned, but its effects may be detrimental to our economy. We’ll likely see its worst effects on New Brunswick. The idea is to give carbon a price. While there are a few ways…

New Brunswick faces a painful population crunch

The rapid increase in the elderly population is creating a fiscal crisis, which demands innovative solutions

New Brunswick faces a painful population crunchA shrinking labour force and a rapidly-growing population of non-employed seniors in relation to active full-time workers represents an enormous challenge to New Brunswick over the next three decades. The demographic trajectory of New Brunswick has been creeping up over time. For every 100 working-age people, there were 15 seniors in 1971 and 21 in…

Atlantic Canada should abandon government liquor monopolies

It’s time to focus on preserving public safety while permitting a market system to thrive through the entire supply chain, from producer to consumer

Atlantic Canada should abandon government liquor monopoliesBy Alex Whalen and Ian Madsen Atlantic Institute for Market Studies In October 2012, Gerard Comeau left his home in Tracadie, N.B, and drove to Quebec to buy alcohol. Comeau, a retired power lineman, knew he could buy the same alcohol for less in Quebec. However, upon returning to New Brunswick, Comeau was stopped by…

Another province calls Trudeau’s carbon tax bluff

Wearing thin is the insistence from carbon tax proponents across Canada that there was no other way this could have played out

When the Alberta government introduced its carbon dioxide emissions tax, ministers often claimed that if they hadn’t, Prime Minister Justin Trudeau would impose his own tax, leaving taxpayers worse off. More than a year later, New Brunswick is challenging that ‘we have no choice’ assertion. In December, Premier Brian Gallant’s government announced that instead of introducing a…