Nuclear energy company gets $20M boost from province, Higgs says - News Summed Up

Nuclear energy company gets $20M boost from province, Higgs says


Higgs announced Wednesday that the province will hand Saint John's ARC Clean Energy $20 million dollars to support its SMR technology. Higgs didn't mention any new money for the other company, Moltex Energy, but said he expects the federal government to announce funding to support its work. And while touting a booming real estate market in the province, Higgs also acknowledged growing concerns about affordable housing and rent increases and announced a 90-day review of the rental market in the province. In last year's provincial election campaign, Higgs said a federal government announcement of funding for the two New Brunswick companies was imminent. "It's been his only way of seeing things for our society, our province, to get the deficit under control," he said.


Source: CBC News February 10, 2021 19:45 UTC



Loading...
Loading...
  

Loading...