Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2010
Executive dispute over sale process
President David D. Hay resigned and said he had not been consulted about the proposed sale, asset valuations or related strategy. The episode became part of the wider controversy over the governance of NB Power.
2009
Proposed sale to Hydro-Québec
The proposed transfer of most NB Power assets to Hydro-Québec triggered intense public and political opposition. Critics raised concerns about provincial control, electricity rates, employment, asset valuation and the treatment of generation and transmission infrastructure. The revised transaction was ultimately abandoned in 2010.