New Brunswick TNB. Other live theatre troops include the Théatre populaire d'Acadie in Caraquet, and Live Bait Theatre in Sackville. The refurbished Imperial and Capitol Theatres are found in Saint John and Moncton, respectively; the more modern Playhouse is located in Fredericton. New Brunswick has four daily newspapers: the "Times & Transcript", serving eastern New Brunswick, the "Telegraph-Journal", based in Saint John and distributed province-wide, "The Daily Gleaner", based in Fredericton, and "L'Acadie Nouvelle", based in Caraquet. The three English-language dailies and the majority of the weeklies are owned and operated by Brunswick News, privately owned by J. K. Irving. The Canadian
Bank of New Brunswick in New Brunswick began to struggle, as more and more investment money began moving to central Canada, and manufacturing in the new province began to decline. Over the objections of The Saint John Board of Trade, Sir John A. Macdonald's Conservative government voted down the Commercial Union Bill of March 5, 1888 which would have given Saint John direct access to a larger market in New England. By the early part of the 20th century it became apparent that none of the four banks were attracting enough capital to remain competitive. Saint John, the largest city, failed to attract investment