Resource Wise New Brunswick
Indecision about New Brunswick fracking by the government is wasting what’s in the cart, letting the cart rot, and shooting the horse.
Since being elected in the Fall of 2014 the Gallant Liberal government has had exactly two decisive moments: announcing a moratorium on hydraulic fracturing in December 2014 and announcing an indefinite moratorium on hydraulic fracturing in May of 2016. The Liberal government’s plan to raise revenue in the province so far has been to hike the harmonized sales tax we pay on goods and services. Unlike our sister province of Nova Scotia, New Brunswick is sitting on possibly the largest deposit of shale gas in Canada. So, when Nova Scotia announced a moratorium it was a “meh” moment. In New Brunswick, it’s a serious matter.