Category: Moncton

Tourism numbers up in greater Moncton area

Tourism is booming in the greater Moncton area, according to the Times and Transcript.

Tourim Moncton says a weak Canadian dollar has helped contribute to record visitor spending.  Consultant Rod Cunningham says the low loonie has attracted Americans here as well as Canadians who are not heading south for vacations.

The report shows tourism spending hit an all-time high of almost $450 million last year more than 30% higher than in 2009. Mayor Dawn Arnold said the figures show the importance of tourism for the region’s economy.

“Atlantic Link” to New England proposed

A proposed submarine power cable from Coleson Cove to Plymouth, Massachusetts, is being touted as the best option to provide the state with clean electricity…and benefit New Brunswick as well.

Nova-Scotia based Emera outlined details of the plan yesterday at an energy conference in Saint John. The project called Atlantic Link would have a capacity of about one-thousand megawatts, with the majority of the power coming from wind in New Brunswick and hydro from other facilities. The 560 kilometre cable would cost about $2 billion just for the transmission line alone. Emera is asking NB Power to consider becoming a minor equity partner.