Mining, forestry industries in N.B. could benefit from federal budget | CBC News

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mining,-forestry-industries-in-nb.-could-benefit-from-federal-budget-|-cbc-newsMining, forestry industries in N.B. could benefit from federal budget | CBC News

New Brunswick

New Brunswick industry is likely to get a boost from the federal budget introduced Tuesday, Premier Susan Holt suggests.

Sisson Mine project touted by Premier Susan Holt comes at a good time, mining group says

Sam Farley · CBC News

· Posted: Nov 05, 2025 10:12 AM EST | Last Updated: 2 hours ago

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A image of a mineNew Brunswick’s Sisson Mine project, proposed and approved a decade ago with no action, could get traction with the latest federal budget. (Sisson Mining Ltd. )

New Brunswick industry is likely to get a boost from the federal budget introduced Tuesday, Premier Susan Holt suggests.

Holt highlighted investments in critical infrastructure and trade infrastructure as “positive steps for New Brunswick” in a statement she made after the first budget of Prime Minister Mark Carney’s Liberal government was delivered.

She went on to say her government will be looking to work with federal partners to ensure the Sisson Mine project and the ports of Belledune and Saint John “get the investments they need to power our economy.” 

The Sisson Mine has been a long-debated project to mine tungsten in a remote area near Napadogan and Stanley, roughly 50 kilometres northwest of Fredericton. 

A private company received provincial approval for the mine in 2015 and federal approval in 2017,

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