New Brunswick·New
The Holt Liberal government is pushing back some of the toughest decisions it faces about N.B. Power until after the next provincial election.
Premier releases ‘action plan’ for troubled utility that includes 2029 timelines for several major decisions
Jacques Poitras · CBC News
· Posted: May 25, 2026 3:52 PM EDT | Last Updated: 32 minutes ago
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Premier Susan Holt unveiled an “action plan” on Monday to address an independent review of N.B. Power, but some of the timelines her government gave last beyond the next election. (Tara King-Stewart/CBC)
The Holt Liberal government is pushing back some of the toughest decisions it faces about N.B. Power until after the next provincial election.
These include proposals to shave almost $2 billion off the utility’s massive debt and to spin off the Point Lepreau nuclear power plant into a separate company to address its costs.
Premier Susan Holt unveiled what she called an “action plan” Monday in response to an independent review of the troubled utility’s finances and its recent pattern of large rate increases for customers.
“We are going to do this as quickly and as transparently as possible,” Holt said.
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