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Holt Vows to Fix NB Power Rates

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Holt Vows to Fix NB Power Rates

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Holt Vows to Fix NB Power Rates

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Holt Vows to Fix NB Power Rates. Machine-transcribed; use the interactive transcript above to jump the player to any line.

New Brunswick Premier Susan Holt is bowing to fix the skyrocketing electricity rates from NB power, pushing for big structural shifts to keep power, cost predictable and affordable for folks across the province. A fresh third-party review dropped last week, pointing out how political moves like rate freezes piled on over $1 billion to the utilities, $6 billion debt, calling for a clean break from government meddling. These have jumped more than 20% in just two years, hitting residents hard and sparking frustration over why everyday power bills keep, climbing without relief. Holt's pinning the mess on past governments but hasn't shut down ideas like rate caps, stressing her team will step up with real changes ahead. The Liberals plan a full response to the report come May, aiming to steady those increases so new Brunswickers aren't left in the dark on their bills. From your city, powered by AI, this is Canada News Today. I'm Corey with The Story.

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