As New Brunswick launches a review of its moratorium on shale gas development, the move is raising questions about whether there is an economic case to lift the ban.
A part of the province’s review process is the economic impact of new natural gas
Oliver Pearson · CBC News
· Posted: Aug 29, 2026 5:00 AM EDT | Last Updated: 1 hour ago
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Dave Sawyer, the principal economist with the Canadian Climate Institute, said there will be interest in New Brunswick natural gas development. He said companies will come to the province, but they’ll be hoping for government subsidies. (Submitted by Dave Sawyer)
As New Brunswick launches a review of its moratorium on shale gas development, the move is raising questions about whether there is an economic case to lift the ban.
Premier Susan Holt announced the review on Wednesday, which will reassess the moratorium established in 2014. The five-month review will consider whether the five conditions for lifting that ban “still reflect today’s science, technology, market and regulatory best practices.”
One of the review’s considerations is the economic impact, but it’s not clear the province’s revenue from gas royalties will exceed what taxpayers may spend to attract investment,
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