NEW BRUNSWICK POWER CORPORATION

$12,575,244.00 CAD

≈ $0.30 for every person in Canada ≈ 163 Canadians' average pay for a year

Department: Natural Resources Canada
Program: Contributions in support of Electricity Pre-development Projects Program
Recipient country: Canada
Fiscal year: 2024-2025
Agreement period: January 30, 2025 – March 31, 2028
Reference: nrcan-rncan:115-2024-2025-Q4-16261

Published purpose

The objective of this Project is to advance predevelopment work to help inform a final investment decision on the work required to extend the life of the Proponent's largest hydroelectric generation station.

In plain English AI-generated

Funding supports pre-development work to assess extending the life of New Brunswick Power's largest hydroelectric generation station, informing a final investment decision.

Category: Infrastructure Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions