The Nova Scotia government introduced new regulations on Oct. 9, 2026, that would allow Nova Scotia Power to seek securitization in order to recoup the costs associated with the closure and value of its five coal-fired power plants.

Opposition parties warn plan could leave ratepayers paying for decades HALIFAX: The Nova Scotia government has approved regulations allowing Nova Scotia Power Inc. to apply to the Nova Scotia Energy Board to securitize utility assets, a move the province says could help reduce financing costs and protect ratepayers from sudden increases. The regulations establish a…

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Drake Lowthers

Drake Lowthers is the editor of The Strait Area Reporter, where he leads coverage of the people, stories, and events that shape northeastern Nova Scotia and western Cape Breton Island. Originally from the Annapolis Valley, and calling Antigonish home for the past decade, he has a passion for community journalism, and has told hundreds of stories that highlight local voices - from grassroots initiatives to provincial issues that affect everyday life - in a creative, yet thought-provoking way. His dedication to excellence in journalism has earned multiple recognitions on the national stage, confirming his belief in the vital role of local news in informing, connecting, and strengthening communities.

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Drake Lowthers
Drake Lowthers is the editor of The Strait Area Reporter, where he leads coverage of the people, stories, and events that shape northeastern Nova Scotia and western Cape Breton Island. Originally from the Annapolis Valley, and calling Antigonish home for the past decade, he has a passion for community journalism, and has told hundreds of stories that highlight local voices - from grassroots initiatives to provincial issues that affect everyday life - in a creative, yet thought-provoking way. His dedication to excellence in journalism has earned multiple recognitions on the national stage, confirming his belief in the vital role of local news in informing, connecting, and strengthening communities.