February 12, 2013 7:45 am

Former New Brunswick premier Frank McKenna urges shale gas development

A A

SAINT JOHN, N.B. – Former New Brunswick premier Frank McKenna spoke in favour of developing the shale gas industry during an address Monday to a business audience.

The former Liberal leader said the province is in the right place at the right time for energy development.

He told about 550 people at a Board of Trade luncheon in Saint John that environmental regulation should be respected, but it shouldn’t block an industry that could prove to be a key to helping his home province rebound economically.

McKenna, who is deputy chairman of TD Bank Group, says that the prospect of a West-to-East pipeline coming to the province also holds great potential for the province’s revenues, as does the Canaport liquefied natural gas terminal near Saint John.

People opposed to establishing a shale gas industry handed out flyers at the various entrances to the mall and hotel where McKenna spoke.

(CHSJ)

Report an error

Comments

Want to discuss? Please read our Commenting Policy first.

Global News