N.B. projects pitched at Canada Investment Summit are not shovel-ready | CBC News

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nb.-projects-pitched-at-canada-investment-summit-are-not-shovel-ready-|-cbc-newsN.B. projects pitched at Canada Investment Summit are not shovel-ready | CBC News

New Brunswick

New Brunswick advertised eight early-stage projects to investors who gathered for the federal government’s Canada Investment Summit in Toronto this week. Only the proposed Sisson Mine had received environmental approval, and it was with conditions.

Only one of the eight listed projects pitched at event in Toronto has environmental approval

Oliver Pearson · CBC News

· Posted: Sep 17, 2026 1:40 PM EDT | Last Updated: 3 hours ago

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Aerial image of the purposed Sisson Mine locationThe Sisson Mine is the furthest along of the New Brunswick projects pitched at the Canada Investment Summit. (CBC)

New Brunswick advertised eight early-stage projects to investors who gathered for the federal government’s Canada Investment Summit in Toronto this week.

Of those, only the proposed Sisson Mine has received environmental approval, and it was conditional.

The other projects, including a data centre in Lorneville and additional nuclear power generation at Point Lepreau, are still in a planning or design phase.

Murshed Chowdhury, an economist and professor at the University of New Brunswick, said early-stage projects without regulatory approvals could be unattractive for investors.

“It gives mixed signals to the investors,” Chowdhury said. “In one way,

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