NEW BRUNSWICK POWER CORPORATION

$50,000,000.00 CAD

≈ $1.21 for every person in Canada ≈ 646 Canadians' average pay for a year

Department: Natural Resources Canada
Program: Smart Renewables and Electrification Pathways Program
Recipient country: Canada
Fiscal year: 2025-2026
Agreement period: March 30, 2026 – March 31, 2029
Reference: nrcan-rncan:115-2025-2026-Q4-18699

Published purpose

The objective of this Project is to deploy grid modernization technologies to enhance voltage stability and ensure compliance with industry standards.

In plain English AI-generated

Funding to New Brunswick Power Corporation to deploy grid modernization technologies that improve voltage stability and meet industry standards.

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