Investments in the energy and natural resources sectors provided a considerable lift to the New Brunswick economy in the first decade of the 21st century. In total there was over 8 billion dollars worth of energy infrastructure and natural resources investment including the new Canaport liquefied natural gas (LNG) receiving and regasification terminal, the new potash mine near Sussex, the Emera Brunswick Pipeline, the refurbishment of the Point Lepreau nuclear energy facility and new wind energy investments across the province. However, in the last few years, this investment has declined significantly and the drop is one of the reasons why the provincial economy has stagnated.
- Pages
- 45
- Published in
- Fredericton, New Brunswick
