
Holt Pledges Affordable Power Fixes for NB Power
About this episode
New Brunswick Premier Susan Holt vows to tackle soaring electricity rates, promising structural reforms for NB Power. A recent review reveals political interventions added over a billion to the utilitys debt, causing rates to surge by more than twenty percent in two years. Holt blames past governments, but wont rule out rate caps or freezes. She aims for predictable increases, offering hope for relief.
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Vancouver News Today | 2 Min News | The Daily News Now! — Holt Pledges Affordable Power Fixes for NB Power. Machine-transcribed; use the interactive transcript above to jump the player to any line.
New Brunswick Premier Susan Holt is pledging big fixes for NB power skyrocketing electricity rates. She says the province's public utility needs deep structural changes to deliver steady and affordable power to everyday folks. A fresh third-party review dropped last week, exposing how political calls like rate freezes tacked on over $1 billion to the utilities. $6 billion debt. Residents have felt the pinch hard, with rates spiking more than 20% in just two years. The report blasts past political meddling and demands it stops to protect families from wild bills. Holt points fingers at previous governments for the mess, but won't commit to ditching rate caps or freezes just yet. Her liberal team plans a full official response, come May. She's locked in on delivering predictable increases that won't break the bank for new Brunswickers, setting the stage for real relief ahead. From your city, powered by AI, this is Vancouver News Today. I'm Corey with The Story.
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