Government of New Brunswick

Overview

A Peat Lease is a legal agreement authorizing the extraction of peat from Crown Land.

Eligibility

Applicants must hold a Peat Exploration Licence.

Description

"Value-added peat" means peat used in a product that is made in the Province, where that product is sold, on an equal volume basis, for a plant f.o.b. price of at least twice the ordinary price of peat.

A standard bale means a volume of 0.170 cubic metre of peat at approximately 50% moisture and compressed by a factor of two to one.

The term of a Peat Lease cannot exceed ten years. A lease may be renewed.

Changes To Fees

This document provides the rationale supporting changes to fees, associated revenue information, and the legal authority:
http://www2.gnb.ca/content/dam/gnb/Departments/services/fees-frais/2010/2010NRCrownLandRent.pdf,
http://www2.gnb.ca/content/dam/gnb/Departments/services/fees-frais/2010/2010NRRoyalties.pdf

Fees

Unless otherwise specified, Fees exclude the harmonized sales tax (HST).

Fee DescriptionRate in $Effective Date
YYYY-MM-DD
Peat Lease 
  Application10.001993-04-01
  Lease50.001993-04-01
  Written Authorization10.001993-04-01
  Reduction, Subdivision, Amalgamation, or Enlargement of Land covered by a Peat Lease50.001993-04-01
  Rental (per hectare)5.001993-04-01
  Site Reclamation Security (per hectare of disturbed peatland) 750.002012-11-29
  Renewal50.001993-04-01
  Transfer50.001993-04-01
  Royalties (per standard bale) Royalties/Redevances2010-04-01
  Ordinary peat0.102002-07-01
  Value-added peat0.062002-07-01
Contact Information Email Location
Fredericton