The mayor of Rothesay says the proposed sale of NB Power to Hydro-Quebec will be good for business and of benefit to residents. Bill Bishop admits he had initial reservations about the proposed deal, but tells CHSJ news the provincial energy hub concept won't be affected.
The provincial utilities board will still approve any power rate hikes under the proposed deal, and Bishop says it's reassuring to know increased electricity bills will have to be justified. He also says there would be major changes to the provincial utility--such as the closure of the Belldune and Coleson Cove power plants--whether it's owned by Hydro-Quebec or not.
