Atlantic Canada Business News

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Regular updates on business news and events in Atlantic Canada.

  1. 2d ago

    September 21, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - fuel prices climb across the region, the Canada Investment Summit generates nearly $500 billion in commitments, and commercial property taxes and inflation weigh on Atlantic businesses. Housing completions jump, Moncton readies the Small Biz Riot conference, and Nova Scotia unveils new battery storage, a stadium pitch, a gold mine start and a housing strategy that beats its targets. In New Brunswick, a Fredericton food rescue centre opens, the Nackawic pulp mill idles, apprenticeship tuition is eliminated, a youth manufacturing program launches, Beladune moves toward wood pellets, and a Saint John data centre draws scrutiny. Prince Edward Island launches a tradespeople registry and reviews its Regulatory and Appeals Commission, while Newfoundland and Labrador sees new Lockheed Martin investment and a Churchill River rebate. Highlights: Atlantic Canada Atlantic Canadians are paying more at the pump after sharp fuel price increases led by diesel, with New Brunswick's regulated maximum reaching $2.88 a litre and Newfoundland and Labrador gasoline setting a record above $2.20. Nova Scotia Nova Scotia's five-year, $1.7 billion Our Homes strategy has surpassed its key objectives three years in, enabling nearly 80,000 new housing units since April 2023, almost double the original target of 41,000. New Brunswick Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Prince Edward Island Prince Edward Island has launched an online registry where employers, contractors and homeowners can verify tradespeople holding a provincial Certificate of Qualification or Red Seal Endorsement, searching by name or certification number for immediate results. Newfoundland and Labrador Newfoundland and Labrador will introduce a Churchill River electricity rebate, giving residential customers a 15 percent discount on the first 2,000 kilowatt hours used monthly, for typical savings of about $350 a year. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  2. Sep 13

    September 14, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada's first-ever national investment summit opens in Toronto aiming to catalyze one trillion dollars in investment, with New Brunswick pitching more than thirty billion dollars in major projects. Moncton hosts the inaugural OMISTA Small Biz Riot conference, and Nova Scotia opens its new SNS Studios production facility, moves to overhaul how Nova Scotia Power is regulated, and broadens its search for new electricity generation. New Brunswick rolls out new supports for businesses facing US tariffs, food and beverage producers brace for an American import ban, Salisbury loses its only bank branch, and apprenticeship fees are eliminated province-wide. Prince Edward Island's lobster season reaches its midpoint and its minimum wage review opens for input, while Newfoundland and Labrador posts Canada's strongest growth forecast as skilled trades training expands and the Churchill Falls agreement advances. Highlights: Atlantic Canada Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Nova Scotia Nova Scotia has introduced legislation moving Nova Scotia Power to a performance-based regulatory model, tying the utility's revenue, earnings and penalties to measurable results on reliability, emissions and customer service quality. New Brunswick New Brunswick is rolling out new supports for local businesses as US tariffs escalate, prioritizing New Brunswick and Canadian suppliers, barring American goods from large provincial contracts, and offering working capital loans and new market funding. Prince Edward Island Fishers in lobster fishing area 25 have reached the midway point of Prince Edward Island's fall season with generally improved landings over last year, prices running nine to ten dollars a pound depending on the buyer. Newfoundland and Labrador A new report from Signal 49 Research, formerly the Conference Board of Canada, forecasts Newfoundland and Labrador's economy will grow 3.7 percent in 2026, leading all provinces for a second straight year. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  3. Sep 6

    September 7, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - ACOA unveils a refreshed overview of more than $335 million in regional project funding and sends a 28-company delegation to Germany's SMM Hamburg shipbuilding show, FINTRAC fines gaming Crown corporations in Nova Scotia and New Brunswick, RBC backs a new community solar program featuring Holland College, and Nova Scotia extends its capital investment tax credit for five more years. New Brunswick sees Butterfield Support Services expand into Moncton and Irving Oil's CEO step down, while a Fredericton First Nation proposes a casino resort and the province consults on data centre rules. Prince Edward Island sees a land donation for affordable housing and federal funding for pork disease surveillance. Newfoundland and Labrador reports a busier tourism season, rising employment, and North Atlantic's refinery acquisition in France. Highlights: Atlantic Canada The Atlantic Canada Opportunities Agency has launched a refreshed public overview showing more than $335 million invested across 1,852 projects. ACOA also sent 28 ocean technology companies to Germany's SMM Hamburg shipbuilding show. Nova Scotia FINTRAC has fined gaming Crown corporations roughly $400,000 and $232,000 for failing to file required money laundering reports. Nova Scotia has also extended its capital investment tax credit for another five years. New Brunswick Butterfield Support Services is opening a second Canadian location in Moncton, expected to create up to 50 jobs. Irving Oil's chief executive, Jeff Matthews, is stepping down this November after less than two years. Prince Edward Island Provincial Credit Union has donated about two acres of land in Alberton to Habitat for Humanity PEI for future affordable housing. Ottawa is providing over $3 million for a swine disease surveillance project in Charlottetown. Newfoundland and Labrador Tourism operators are reporting a busier season as more Canadians vacation at home, while employment reached just over 256,000 in August. North Atlantic has also acquired ExxonMobil's stake in a major refinery in France. Special Thanks to Our Sponsor: Iron Horse Pro - https://www.ironhousepro.com/ Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  4. Aug 30

    August 31, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Ottawa unveils a $7.5-billion tariff response package as premiers renew calls to buy local, Nova Scotia orders demolition of the former Northern Pulp mill site, and New Brunswick lands a two-billion-dollar NATO explosives plant near Belledune plus a new Tantramar gas plant. Plus, the U.S. tightens potato import rules for P.E.I., Newfoundland and Labrador forms Team Labrador to secure benefits from the Churchill River energy deal, and the province lands a $4-million spaceport investment in St. Lawrence. Marine Atlantic takes delivery of its newest ferry, and New Brunswick’s deficit grows to $1.66 billion. Highlights: Atlantic Canada Ottawa unveiled a $7.5-billion package of tariff countermeasures and business supports, including $1.5 billion for small and medium-sized businesses, after trade talks with the United States broke down and premiers renewed calls for residents to buy Canadian-made goods. Nova Scotia Nova Scotia’s Environment Minister has authorized demolition of the former Northern Pulp mill site in Pictou County, backed by $15 million from the sale of its former timberlands. The mill has sat idle since 2020. New Brunswick A New Brunswick company has selected a Belledune site for a new explosives plant that could double NATO’s output, with a total value reaching two billion dollars. Phase one construction targets late 2027, employing about 250 workers. Prince Edward Island The U.S. has tightened import rules for P.E.I. potatoes effective October 5, requiring enhanced labelling and waste-management conditions for bulk shipments. Island cull potatoes are now barred entirely from use as animal feed, following an April potato wart detection. Newfoundland and Labrador Newfoundland and Labrador's aquaculture sector generated $453 million in farmgate value in 2025, according to new government statistics released by the Newfoundland and Labrador Aquaculture Industry Association. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #AtlanticBusinessNewsPodcast

  5. Aug 23

    August 24, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada-U.S. trade talks collapsed, triggering a 50 per cent tariff on roughly $28 billion in Canadian goods and leaving New Brunswick's forestry sector exposed to steep softwood lumber duties; national business and labour groups offered sharply different reactions. The federal Atlantic Economic Panel is preparing its September report, as new Statistics Canada data show Nova Scotia and New Brunswick posting some of the country's steepest July inflation increases. Halifax held onto second place among North America's emerging tech talent markets, Glooscap First Nation opened a new retail market in Lockhartville, and Cape Breton council voted to restart Sydport development talks. New Brunswick rolled out fresh environmental trust fund grants, P.E.I. introduced new temporary foreign worker rules, and Newfoundland and Labrador's $49-billion Churchill River energy deal advanced with the creation of Team Labrador. Highlights: Atlantic Canada Canada-U.S. trade talks collapsed after Washington introduced new demands, triggering a 50 per cent tariff on about $28 billion in Canadian goods. New Brunswick's forestry sector remains exposed to steep softwood lumber duties, and business and labour groups reacted sharply. Nova Scotia Halifax held second place among North America's emerging tech talent markets for a second straight year, as Glooscap First Nation opened a new retail market in Lockhartville and Cape Breton council voted to restart Sydport development talks. New Brunswick New Brunswick's Environmental Trust Fund is distributing $2.2 million among 45 projects across the province's central and western regions, part of a broader $7.9-million investment supporting 173 initiatives provincewide this year. Prince Edward Island Prince Edward Island released draft rules requiring employers to register when hiring temporary foreign workers, and declined a federal offer to temporarily raise the low-wage worker cap for rural employers. Newfoundland and Labrador Newfoundland and Labrador's Churchill River energy deal, valued at $49 billion, advanced with the creation of Team Labrador, a group of legislators tasked with ensuring the region benefits as Gull Island construction moves forward. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy#AtlanticBusinessNewsPodcast

  6. Aug 16

    August 17, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - a new Oxford Economics report warns Canada could lose more than 100,000 jobs if CUSMA breaks down, as 50% US tariffs on Canadian goods take effect August 19th, while small business confidence falls nationally for a third straight year. Ottawa's new $40,000 Oyster Licence Retirement Grant Program targets wild oyster harvesters in PEI, Nova Scotia, and New Brunswick. In Nova Scotia, Amazon is building a $200-million distribution centre in Dartmouth, and the province is opening the Bay of Fundy to small-scale tidal power projects. New Brunswick lands $9.9 million to fast-track internationally trained professionals into the workforce. Prince Edward Island's AKA Energy Systems stays in the running on Canada's submarine program, and Newfoundland and Labrador, Quebec, and Ottawa prepare a new Churchill Falls agreement expected to revive the Atlantic Loop Project. Highlights: Atlantic Canada Ottawa's new Oyster Licence Retirement Grant Program offers eligible wild oyster harvesters in Prince Edward Island, Nova Scotia, and New Brunswick $40,000 each to permanently retire their licences. Applications open in September. Nova Scotia Amazon is building a $200-million, 1.2-million-square-foot distribution centre in Dartmouth's Burnside Industrial Park, its second Nova Scotia facility. The two-storey building sits on 82 acres and could shorten delivery times. New Brunswick New Brunswick received just over $9.9 million in federal funding through the Foreign Credential Recognition Program to help internationally trained professionals enter the workforce faster, including wage subsidies for 100 nurses and new teacher bridging programs. Prince Edward Island Montague, PEI propulsion manufacturer AKA Energy Systems remains in talks over Canada's submarine procurement program after German firm thyssenkrupp Marine Systems was named preferred bidder, while keeping its Hanwha Ocean partnership. Newfoundland and Labrador Newfoundland and Labrador, Quebec, and Ottawa are preparing a new Churchill Falls agreement, expected to boost Labrador hydroelectric capacity and help revive the Atlantic Loop Project connecting Atlantic provinces to Quebec's grid, aided by federal financial incentives. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  7. Aug 9

    August 10, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Statistics Canada's July Labour Force Survey showed mixed results across Atlantic Canada, with Nova Scotia and New Brunswick holding steady while Prince Edward Island and Newfoundland and Labrador slipped, as national unemployment fell to a two-year low. In Nova Scotia, the federal government is putting more than $1.2 million into two Dartmouth manufacturers expected to create 50 to 60 skilled jobs. New Brunswick's Breathe Biomedical is testing a breath-based screening technology that could one day supplement mammography for breast cancer detection. Prince Edward Island has partnered with a private clinic to cut MRI wait times for islanders, and in Newfoundland and Labrador, Conservative leader Pierre Poilievre pressed Ottawa to include the province in its national shipbuilding strategy. Highlights: Atlantic Canada Statistics Canada's July Labour Force Survey showed mixed results across Atlantic Canada. Nova Scotia and New Brunswick held steady, while Prince Edward Island and Newfoundland and Labrador saw declines. National unemployment fell to a two-year low of 6.4 per cent. Nova Scotia The federal government is investing more than $1.2 million in two Dartmouth manufacturers through ACOA's innovation program. Site 2020 and Atlantica Mechanical Contractors will expand production and modernize facilities, creating an estimated 50 to 60 skilled jobs. New Brunswick Moncton-based Breathe Biomedical is testing a non-invasive breath analysis that could eventually supplement mammography in breast cancer screening. The system detects cancer-linked compounds at 88 per cent accuracy, with a study site now open at Horizon Health Network. Prince Edward Island Prince Edward Island has partnered with Building for Vision Limited to reduce MRI wait times. The province will cover scan costs for islanders referred to the Summerside Diagnostic Imaging Centre, the island's first private MRI facility. Newfoundland and Labrador Conservative leader Pierre Poilievre visited St. John's, calling for Newfoundland and Labrador's inclusion in Ottawa's national shipbuilding strategy. He pointed to Bull Arm, Cow Head, and Argentia as potential sites for future work. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

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Regular updates on business news and events in Atlantic Canada.

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