As prescribed in the Accountability and Continuous Improvement Act, NB Power receives direction in the form of a mandate letter from the Minister of Natural Resources and Energy Development.
NB Power strives to achieve the objectives set out in its mandate letter.
Memorandum of Understanding
The Minister of Natural Resources and Energy Development, the Deputy Minister of Natural Resources and Energy Development and NB Power have entered into a Memorandum of Understanding to provide a framework to enhance the parties' abilities to meet their respective legislative and policy objectives in a mutually beneficial fashion. Along with the New Brunswick Electricity Act, and the mandate letter which supports the relationship between Government and the Corporation, the terms and conditions of the this Memorandum of Understanding are intended to clarify their respective roles and responsibilities and to ensure complete and full disclosure of information, all in support of this objective.