Powering Canada’s Future: Ensuring Access to Affordable, Reliable and Clean Electricity in New Brunswick
December 8, 2024
Ottawa, ON – The Government of Canada is committed to ensuring that all Canadians have access to affordable, reliable, and clean electricity. Today, the Minister of Natural Resources, the Honourable Jonathan Wilkinson, announced a new initiative that will help achieve this goal in New Brunswick.
The New Brunswick Clean Electricity Fund will provide $100 million over five years to support the development of new clean electricity projects in the province. This funding will be used to support a variety of projects, including renewable energy projects, energy efficiency projects, and grid modernization projects.
“This investment will help New Brunswick reduce its reliance on fossil fuels, create jobs, and fight climate change,” said Minister Wilkinson. “We are committed to working with the province to ensure that all Canadians have access to the affordable, reliable, and clean electricity they need.”
The New Brunswick Clean Electricity Fund is part of the Government of Canada’s $9.1 billion Investing in Canada Infrastructure Program. This program is providing funding for a wide range of infrastructure projects across the country, including energy, transportation, and water infrastructure.
The New Brunswick Clean Electricity Fund is a significant investment in the province’s clean energy future. This funding will help the province meet its climate change goals, create jobs, and improve the quality of life for all New Brunswickers.
Quotes from key stakeholders:
“This is a great investment in New Brunswick’s clean energy future,” said New Brunswick Premier Blaine Higgs. “This funding will help us reduce our reliance on fossil fuels, create jobs, and fight climate change.”
“This is a positive step forward for New Brunswick,” said Saint John Mayor Donna Reardon. “This funding will help us make our city more sustainable and improve the quality of life for our residents.”
“This investment will help New Brunswick become a leader in clean energy,” said New Brunswick Power President and CEO Gaétan Thomas. “We are committed to working with the Government of Canada to ensure that all New Brunswickers have access to the affordable, reliable, and clean electricity they need.”
Additional information:
- The New Brunswick Clean Electricity Fund will be administered by the New Brunswick Department of Energy and Resource Development.
- The fund will be open to applications from a variety of stakeholders, including businesses, municipalities, and Indigenous communities.
- The fund will be used to support projects that reduce the province’s reliance on fossil fuels, create jobs, and fight climate change.
Background:
- New Brunswick is currently the most fossil fuel-dependent province in Canada.
- The province has a large potential for renewable energy development, including wind, solar, and biomass.
- The New Brunswick Clean Electricity Fund is part of the Government of Canada’s commitment to reducing greenhouse gas emissions and transitioning to a clean energy economy.
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