Page 11 - Nb Power News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Two trademark buildings in Fredericton’s downtown have been sold to a Toronto-based company for $39 million.

New Brunswick's Progressive Conservative Party is applauding the possibility N.B. Power may not be able to raise electricity rates as planned on April 1 even though that may cost the utility $32.6 million in revenue it needs to reach financial targets set for it by the Progressive Conservative government.

N.B. Power has sold its two downtown Fredericton buildings, one of them a heritage property, for $39 million, hoping to pay off some debt and lower operating costs. 

As large amounts of snow continue to batter the Maritimes from the slow moving weather system on Sunday, the list of closures and delays is also growing.

New Brunswick Premier Blaine Higgs delivered an upbeat state of the province speech to a crowd of 1,000 business and political leaders in Fredericton Thursday, full of figures he says shows the province is “stronger than ever.”