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N.B. Funds Mill Emissions Cuts as CNRL Puts $8.5B Jackpine Expansion on Hold

The developments highlight policy uncertainty steering investment alongside hard choices for local finances.

Overview

  • The New Brunswick government committed $254,600 to AV Group’s Atholville mill to cut emissions, including a new condenser, better pipe insulation, energy‑tracking tools and updated controls.
  • The money comes from the province’s Output‑Based Pricing System Industry Fund, which uses payments from large emitters to finance projects at facilities that hit reduction targets.
  • Canadian Natural Resources Limited said it has deferred its $8.5‑billion Jackpine mine expansion, pointing to unresolved carbon‑pricing and methane rules that cloud long‑term project economics.
  • Daniel Allain entered the Progressive Conservative leadership race and argued the Holt government is on track to add nearly $6 billion in debt over three years.
  • Community groups are filling gaps through fundraising, with Terry Fox Elementary seeking $250,000 for a new playground and a BathurstMiramichi police hockey game raising $13,154 for Special Olympics.