Natural Resource Development
This discussion paper looks at how natural gas has developed in North America, the differences in geology, plus rules and regulations across various shale fields. It includes sections on the environment, health, safety, economy and community implications of developing the natural resource in New Brunswick.
Developing Atlantic Canada’s oil and gas reserves has the potential to transform New Brunswick from a have-not province to an economic powerhouse like Saskatchewan, a federal committee researching the industry has heard.
Colleen Mitchell, president of Atlantica Centre for Energy, told a bipartisan panel delving into the cross-Canada benefits of further developing the oil and gas industry that the royalties Saskatchewan receives from the oil and gas sector roughly equate to New Brunswick’s equalization payments. Telegraph Journal, March 10, 2014