Shale Study Seeks Business Input

April 21, 2013 | 0 Comments

(Fredericton, NB) The New Brunswick Business Council is asking for the business community’s help with a survey about Shale Gas supply chain readiness.

Members of the New Brunswick Business Council have been learning about shale gas development for more than a year. At a meeting last November, members expressed a strong desire for clarity about the specific economic opportunity available to New Brunswick businesses should the shale gas industry develop in our province.

“There has been much discussion and information on the environmental aspects of shale development, but considerably less information about the potential economic impact,” said Francis McGuire, chair of the NB Business Council and Future NB steering committee chair. “We want to collect this information to improve our own understanding, and share it with New Brunswickers to help advance our collective knowledge on this important subject.”

Future NB took up the challenge, initiating a business opportunity exercise to explore the direct economic impact of shale gas development in New Brunswick. Leveraging partnerships with UNB, the Université de Moncton and the provincial government, Future NB contracted Deloitte to undertake this work.

On Wednesday of last week, Deloitte released a survey to New Brunswick businesses to assess their capabilities in relation to the shale gas development supply chain.  “The NB Business Council is asking everyone who received a survey to take a few moments to complete it,” said CEO Susan Holt. “Participation from the business community is crucial in order to accurately determine the magnitude of opportunity that exists in this sector.”

Serge Doucet, President of Future NB adds “If your business hasn’t received the survey, but offers a product or service applicable to the shale supply chain, please contact us and we will send you the survey right away.”

The survey is expected to close on May 1st. Deloitte will complete their research and analysis through May and early June. “We look forward to presenting the results of this important work to the business community and all New Brunswickers come June,” said Andrea Feunekes, chair of Future NB, member of the NB Business Council and co-CEO of Remsoft.

About the NBBC
The New Brunswick Business Council is a non-partisan group of leaders who have demonstrated a commitment to New Brunswick's economic growth and community development. Our members have a deep, personal stake in this Province and its future. Through a combination of economic and social initiatives, the Council strives to make New Brunswick the best place to start and grow a business in Canada.

About Future NB
Future NB is a business-led, volunteer initiative that is dedicated to accelerating growth in the private sector economy. Future NB leads by example and works through existing organizations as an enabler to achieve its goals. Members of the board comprise a highly accomplished cross-section of stakeholders who can directly intervene to help remove barriers to private sector growth in high potential economic sectors.


Susan Holt, NBBC President & CEO,
office (506) 444-8919, mobile (506) 238-0583


Serge Doucet, President of FutureNB,
office (506) 444-8934, mobile (506) 476-6717

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