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NB: High-tech battle could cost local businesses
[FREDERICTON, NB] — The Telegraph-Journal is reporting that some New Brunswick companies could be caught between “a rock and a hard place” if Apple doesn’t agree to support Adobe Flash on its mobile devices. For more information, read the story at: http://nbbusinessjournal.canadaeast.com/front/article/947092 More
NS: Tax hike will magnify cross-border shopping issue, says MLA
[AMHERST, NS] — If the government increases the HST to bring the province’s debt under control, Cumberland South MLA Murray Scott said it runs the risk of jeopardizing businesses along the border with New Brunswick. The veteran MLA is asking Finance Minister Graham Steele to call for an assessment of cross-border shopping and its impact on [...] More
NB: Ambassador advises LNG developers to back down
[FREDERICTON, NB] — The Telegraph-Journal is reporting that Canada’s ambassador to the U.S. has advised those interested in developing LNG terminals on the Maine side of Passamaquoddy Bay to give up their plans, because their efforts will be futile. For more information, read the story at: http://telegraphjournal.canadaeast.com/front/article/944376 More
NB: Irving says goodbye to 23 U.S. gas stations
[SAINT JOHN, NB] — CBC News is reporting that more than 20 gas stations in the U.S. supplied by Irving Oil have recently closed, but the company is emphasizing the closures won’t jeopardize its expansion “south of the border”. For more information, read the story at: http://www.cbc.ca/canada/new-brunswick/story/2010/02/04/nb-irving-gas-new-england.html More
NB: Tory leader blamed for Ganong boycott
[FREDERICTON, NB] — The Telegraph-Journal is reporting that a boycott against Ganong Bros. continues after its chairman David Ganong led an advisory panel on the proposed NB Power/Hydro-Québec deal. The Liberals are pointing fingers at Conservative leader David Alward for inciting the backlash. For more information, read the story at: http://telegraphjournal.canadaeast.com/front/article/942997 More
NB: Decision to scrap Long Wharf project “bitter pill to swallow”
[SAINT JOHN, NB] – On Tuesday afternoon, Fort Reliance announced it would not be proceeding with a new home office building at Long Wharf, much to the disappointment of many. More
NB: Advisory panel gives power deal “thumbs up”
[FREDERICTON, NB] — The Telegraph-Journal is reporting that the advisory panel chosen to assess the proposed sale of NB Power assets to Hydro-Québec is saying it approves the deal, citing New Brunswick will benefit in many ways. For more information, read the story at: http://telegraphjournal.canadaeast.com/front/article/940534 More
NB: Businesses not sweet on rising sugar prices
[ST. STEPHEN, NB] — CBC News is reporting that many New Brunswick businesses are being hit hard by rising sugar prices, and chocolatiers like Ganong say they have no choice but to pass this increase on to consumers. For more information, read the story at: http://www.cbc.ca/canada/new-brunswick/story/2010/01/31/nb-sugar-prices.html More
NB: Graham faces down power deal criticism
[FREDERICTON, NB] — The Telegraph-Journal is reporting that Premier Shawn Graham continued to defend the proposed NB Power/Hydro-Québec deal during his state of the province address in Fredericton, as protesters hovered outside. For more information, read the story at: http://telegraphjournal.canadaeast.com/front/article/936854 More
NB: Study reinforces Saint John’s GDP strength
[SAINT JOHN, NB] — The Telegraph-Journal is reporting that a new Conference Board of Canada study has revealed Saint John is one of the top two performing metropolitan economies in relation to real GDP growth. For more information, read the story at: http://nbbusinessjournal.canadaeast.com/front/article/935382 More
NB: Fraser Papers goes ahead with mill sales
[EDMUNDSTON, NB] — The Canadian Press is reporting that Fraser Papers Inc. intends to sell its specialty paper assets in light of no new bids for the operations. For more information, read the story at: http://nbbusinessjournal.canadaeast.com/front/article/935512 More
NB: Province’s municipal utilities will get tax rebate as part of deal with Hydro-Quebec
[SAINT JOHN, NB] – A Canadian Press report in The Daily Gleaner says three New Brunswick utilities – Saint John Energy, Edmundston Energy and the Perth-Andover Electric Light Commission – will receive rebates from the provincial government to help them keep power rates low as part of the proposed sale of NB Power assets to [...] More
NB: Canada New England Cruise Symposium comes to Saint John
[SAINT JOHN, NB] – Anchor in the Bay of Fundy: Come for the Show, Stay for the Wonders, will be the theme when Saint John hosts the Canada New England Cruise Symposium June 8 to 10, 2010. The event will be held at the Saint John Trade and Convention Centre. More
NB: N.B. real estate market growing
[FREDERICTON, NB] – The New Brunswick Real Estate Board is reporting that home sales in the province continue to track upward, resulting in a record high for the end of December. Read the full story at http://nbbusinessjournal.canadaeast.com/transcript/article/934223. More
NB: Laforge Holstein receives funding for biogas plant
[GRAND FALLS, NB] — Greenhouse gas (GHG) emissions will be reduced in the province as the result of a project being supported by the New Brunswick Climate Action Fund, Environment Minister Rick Miles announced on Monday. The Department of Environment is providing an investment of $903,870 to Laforge Holstein Ltd. More
