What the frack!

With fracking, New Brunswick could be an economic force.

For more than a century, New Brunswick has been what they call in Canada a “have not” province. Less politely put, it’s a province dependent on constitutionally mandated “equalization” payments from more financially secure provinces just to keep up with the national Canadian standard of living.

Even less politely put, New Brunswick is poor. It’s the third-poorest province in Canada. Its per-capita GDP is 18% lower than the Canadian average. But compared with an energy-producing province, like Alberta or Saskatchewan, its GDP per person is more than 40% lower.