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Monday, December 31, 2012

NDP Sees No Positives With Shale Gas

The provincial leader of the NDP doesn't see any silver linings when it comes to shale gas development.

Dominic Cardy tells CHSJ news the NDP don't see a future of job development and revenue through fracking, claiming it costs too much to start the industry while natural gas has such a low price. Cardy does say the government deserves credit for putting a stronger regulatory system in place this year, but isn't optimistic it will be enforced. 


Cardy doesn't think a new "magic economic bullet" such as shale gas will fix our problems, but our government should rather focus on grassroots projects like supporting small scale businesses.