Ottawa and New Brunswick have signed an agreement to speed up environmental impact assessments for major projects in the province by only requiring a single review.
The new agreement allows Ottawa and New Brunswick to implement a “one project, one review” approach for all major projects in the province of New Brunswick that require a federal and provincial assessment, the Impact Assessment Agency of Canada said in a Dec. 16 news release. The measure aims to create predictability and help catalyze investment.
“This is going to give major project proponents the clear direction they need and remove duplication without weakening the strength or integrity of our environmental impact process,” New Brunswick Premier Susan Holt said at a Dec. 16 press conference announcing the agreement….