(NL-Bay-du-Nord)
Equinor says it has reached an agreement for Shell to buy a 30 per cent stake in the proposed Bay du Nord oil project off the coast of Newfoundland.
Equinor says it will retain a 70 per cent operating interest in the project, which would be the first deepwater oil development in Canada.
The Norwegian energy giant is expected to decide whether to proceed with the Bay du Nord development early next year.
Bay du Nord would be 500 kilometres east of St. John’s — farther away from shore than any other offshore oil project on the globe.
(The Canadian Press)
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(NB-Literary-Funding)
The New Brunswick government says it’s investing an additional 200-thousand dollars in grant funding for the province’s literary sector.
That brings the total cash spent on its book publishers support program to more than half a million dollars for the 2026 to 2029 funding period.
Provincial Culture Minister Isabelle Thériault says the funding will help authors in developing and publishing their works.
A news release from the government says the recipients have already been selected and the grants will be issued over three fiscal years.
(The Canadian Press)
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(NL-Excessive-Speeding)
R-C-M-P in Newfoundland ticketed a driver for speeding at 200 kilometres an hour in a 100 kilometre an hour speed limit zone.
Police say they clocked the vehicle travelling at twice the speed limit on Wednesday morning on the Trans-Canada Highway near Long Harbour.
The 59-year-old driver, a man from Bonavista Peninsula, was ticketed for excessive speeding, and his licence was suspended.
His vehicle was also impounded by police.
(The Canadian Press)
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(NB-Power-Rate)
New Brunswick’s energy minister says it’s difficult for families across the province to hear their electricity bills may be increasing by a cumulative 17.4 per cent over three years.
The province’s power utility has proposed increasing electricity rates by an average of 5.5 per cent for each of the next three years to pay for maintaining and modernizing its aging system.
The new rates could come into force next April after a review by New Brunswick’s power regulator, in a lengthy process that includes a public hearing.
N-B Power’s chief executive Lori Clark says the provincial government needs to help with affordability measures.
Energy Minister Rene Legacy pointed to an existing 10 per cent rebate on residential electricity consumption introduced last year, but didn’t say if the government would use legislation to limit the rate increase.
(The Canadian Press)
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(NL-Animal-Cruelty)
Police in western Newfoundland are investigating a possible case of animal cruelty.
R-C-M-P say they found a deceased dog in water near Burnst Islands, on the southwestern tip of Newfoundland.
Officers could not find a collar or tags identifying the dog or its owner.
Police say they have notified the provincial Office of the Chief Veterinary Officer.
(The Canadian Press)
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(NB-Data-Centre-Jobs)
The company behind a proposed data centre in New Brunswick says the project would eventually create 600 permanent jobs.
The Fredericton-based firm called F-T-L shared information about their proposed data centre in Miramichi at the town’s council meeting this week.
The company says its proposed 2.7 billion dollar project would help stabilize electricity rates without being a nuisance to residents in the community.
One councillor issued a statement on social media after the presentation, saying council has not yet made a decision about changing the area’s zoning to allow for A-I data centres.
(CBC News)
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(Atlantic Update by The Canadian Press)
