Holt Vows to Fix Skyrocketing NB Power Rates

0:00It's April 8th, Canada News. Today starts now, AI-powered and ready, I'm Cory, with the story. New Brunswick Premier Susan Holt is vowing to fix the skyrocketing electricity rates from NB Power. She's pushing for big structural changes at the public utility to give folks predictable and affordable power bills. A fresh third-party review dropped last week, pointing fingers at political moves like rate freezes that piled on over $1 billion to the... $6 billion debt. Residents have felt the pinch hard, with rates jumping more than 20% in just two years, making everyday costs tougher for families across. The province. Holt's blaming past governments for the mess, but has a ruled out future rate caps or freezes. Her liberal team plans a four response to the report, come May. Expect those changes to roll out soon, aiming to steady the grid and keep power prices and check for new Brunswickers long-term.