Three Atlantic provinces are considering the creation of a new Maritime electricity system operator.
The commitment is part of a broad memorandum of understanding signed by New Brunswick, Nova Scotia and Prince Edward Island.
Premiers for the three provinces announced the deal during a meeting of Canada’s premiers in Charlottetown this week.
The provinces say the deal would help keep energy affordable and ensure the grid remains reliable.
New Brunswick Premier Susan Holt says her province is well positioned to help power Canada’s energy future as the power hub of the Maritimes.
Meanwhile, the federal government announced this morning it’s spending $5.9 million on two new 200-megawatt submarine cables between New Brunswick and P.E.I.
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