Politics of New Brunswick less than $5,000,000. The city of Fredericton, the capital of the province, with a population in 1915 of 8,000, had a valuation of real and personal property for assessment of $5,000,000 with an outstanding indebtedness of $486,000. Between 1935 and 1974, some ridings were multi member seats – i.e., more than one Member of the Legislative Assembly was elected from certain ridings. Since 1974, each riding (electoral district) has elected only one member to the Legislative Assembly of New Brunswick. Since 2000, the province has had four leaders, Bernard Lord, who was elected twice, Shawn Graham, David Alward and Brian
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