More nuclear, debt forgiveness among N.B. Power recommendations
A panel reviewing the future of N.B. Power says the Holt government should take over a large part of the utility’s debt to reduce the pressure to raise rates for customers.
https://www.cbc.ca/news/canada/new-brunswick/nb-power-review-9.7147203?cmp=rss
Houston says ‘only solution’ for Nova Scotia Power rates is more competition
Premier Tim Houston says he’s focused on increasing competition in the electricity market as a remedy to rising power rates and unreliable service with Nova Scotia Power.
https://www.cbc.ca/news/canada/nova-scotia/houston-says-only-solution-for-nova-scotia-power-rates-is-more-competition-9.7144969?cmp=rss
Power rates will climb in Nova Scotia, but not as much as the utility wanted
Residential power rates in Nova Scotia are going up, but not quite as much as the biggest utility in the province was hoping.
#Canada #NovaScotiaPower
https://globalnews.ca/news/11745235/nova-scotia-power-rate-hike-request/

Fed caught between slowing jobs and surging energy costs; short-term Treasury yields surge on tighter-policy bets

#Fed #Rates #OilPrices #MarketInsider

https://marketinsider.net/markets-flip-traders-now-price-in-50-chance-of-us-rate-hike-by-october-as-iran-war-fuels-oil-driven-inflation/

Markets Flip: Traders Now Price in 50% Chance of US Rate Hike by October as Iran War Fuels Oil-Driven Inflation - Market Insider

Fed caught between slowing jobs and surging energy costs; short-term Treasury yields surge on tighter-policy bets

Market Insider
The Worst-Case Economic Outcome of Trump’s Iran War

Oil shocks don’t only raise prices. They also destroy growth and jobs.

The Bulwark
Manitoba electricity hikes set by provincial regulator for three years
Manitoba electricity rates will rise over three years under a new order by the Public Utilities Board.
#Consumer
https://globalnews.ca/news/11738850/manitoba-electricity-hikes-set-by-provincial-regulator-for-three-years/
Manitoba electricity hikes set by provincial regulator for three years
Manitoba electricity rates will rise over three years under a new order by the Public Utilities Board.
#Consumer
https://globalnews.ca/news/11738850/manitoba-electricity-hikes-set-by-provincial-regulator-for-three-years/
Manitoba Hydro rates will continue to rise for another 2 years, regulator decides
Manitoba Hydro rates will continue to increase over the next two years as the provincial energy regulator has made a final decision about what the Crown corporation can charge for electricity.
https://www.cbc.ca/news/canada/manitoba/hydro-rate-hikes-9.7135537?cmp=rss