Atlantic Canada Business News

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Regular updates on business news and events in Atlantic Canada.

  1. 2d ago

    Beef, Defence, Offshore & Funding | Atlantic Canada Business Owner Briefing — November 9, 2026

    Where does the money really go? This week we examine funding for New Brunswick manufacturing automation, offshore exploration commitments, defence procurement opportunities, WorkplaceNL rates and Nova Scotia beef expansion grants. We also flag ACOA’s November 20 AI expression-of-interest deadline. Get the free weekly email briefing at https://www.AtlanticCanadaBusiness.News. Recording clarifications (November 9): The $260 million in offshore bids represents exploration-work commitments, not guaranteed spending with Newfoundland and Labrador suppliers. ACOA’s November 20 deadline is for the first-stage Expression of Interest; the $1 million minimum refers to the funding request, not simply total project spending. Comments about workers’ compensation incentives are an observation, not evidence of increased fraudulent claims or changes in return-to-work behaviour. The presenting sponsor’s correct name is ALP Valuation Services. Original sources, in episode order: 1. MQM manufacturer: is the funding repayable? https://www.canada.ca/en/atlantic-canada-opportunities/news/2026/11/canada-invests-35m-to-help-mqm-quality-manufacturing-respond-to-tariffs.html 2. $260 million offshore bids are exploration commitments https://www.gov.nl.ca/releases/2026/exec/1104n09/ 3. New Brunswick defence strategy: potential new customers https://www.gnb.ca/en/news/n-b.2026.11.government-releases-defence-growth-framework.html 4. WorkplaceNL: benefits up, average rates down https://workplacenl.ca/article/workplacenl-lowers-average-assessment-rate-for-2027/ 5. Nova Scotia beef expansion grants and eligibility https://news.novascotia.ca/en/2026/11/05/new-program-will-help-beef-producers-grow-0 6. ACOA AI financing: November 20 expression-of-interest deadline https://www.canada.ca/en/atlantic-canada-opportunities/services/regional-artificial-intelligence-initiative/raii-faq.html Today's business owner briefing is supported by ALP Valuation Services. Your source for small business valuation and Certified machinery & equipment appraisal in Atlantic Canada. Learn more at https://www.BusinessAndAssetValues.com

    Beef, Defence, Offshore & Funding | Atlantic Canada Business Owner Briefing — November 9, 2026
  2. Nov 1

    November 2, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Food & Beverage Atlantic names its award winners and a Fraser Institute analysis finds the region falling behind New England. In Nova Scotia, the province backs local boatbuilders, orders Halifax to speed housing, launches a regional business program and signs a clean energy deal with Vermont. In New Brunswick, SmallBizRIOT wraps its first year in Moncton and an Agnico Eagle subsidiary will explore the former Lake George mine. The province also moves to license foreign worker recruiters, regulate online live casinos and crack down on copper theft. On P.E.I., tuition rises fastest in Canada and oyster growers get help fighting disease. And in Newfoundland and Labrador, red tape consultations open, an oil windfall nearly erases the deficit, Parks Canada cuts jobs and Valentine Gold enters commercial production. Highlights: Atlantic Canada Food & Beverage Atlantic drew 224 attendees to Wolfville for its fifth annual conference and awards. Winners included Fancy Pokket for Exporter of the Year, Speerville Flour Mill for Supplier and RFINE Biomass Solutions for Innovator. Nova Scotia Nova Scotia and Vermont have signed a three-year clean energy agreement covering offshore wind, transmission planning and grid integration, including ways to deliver power from Nova Scotia's planned offshore wind projects to New England. New Brunswick The first OMISTA Credit Union SmallBizRIOT conference drew 75 business owners to Moncton for 12 speakers and more than 15,000 dollars in door prizes. Planning for SmallBizRIOT 2027 is already underway. Signup link: https://mailchi.mp/a2a28ec1b6b0/small-biz-riot-newsletter-signup Prince Edward Island Canada's Ocean Supercluster is putting 1.1 million dollars into a project led by Atlantic Aqua Farms to develop oyster seed resistant to MSX, a disease that has killed more than 95 per cent of some western Island stocks. Newfoundland and Labrador Equinox Gold's Valentine Gold Mine has reached commercial production. The company plans to spend more than 435 million dollars over two years on an expansion that will double throughput and lift annual output to about 223,000 ounces. 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. Oct 25

    October 26, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - the Atlantic Chamber of Commerce marks Small Business Week, eight food and beverage firms target Europe and Maine secures tariff relief for key Maritime farm products. In Nova Scotia, Everwind details its $10 billion Point Tupper plan, the province wraps up its largest budget consultation and a granite export terminal enters federal review. In New Brunswick, a U.S. potato price-fixing suit moves ahead and the province presents its first inclusion awards. On P.E.I., Wood Islands gets ferry terminal upgrades, cruise visits stretch the season and the NHL deal won't be renewed. And in Newfoundland and Labrador, National Defence signs on with Nord Space, winter energy relief expands and St. Mary's gets a free tourism campaign. Highlights: Atlantic Canada Eight Atlantic Canadian food and beverage companies are getting federal support to break into markets in the United Kingdom and France, part of Ottawa's push to diversify trade beyond the United States. Nova Scotia A proposed granite quarry and export terminal on Chedabucto Bay near Canso has entered federal review. The Lazy Head Marine Terminal would ship construction aggregate to the U.S. East Coast and create about 75 full-time jobs. New Brunswick A U.S. class action accusing frozen potato producers, including McCain Foods and J.D. Irving-owned Cavendish Farms, of price fixing will proceed after an Illinois ruling. The decision does not determine whether price fixing took place. Prince Edward Island Prince Edward Island will not renew its tourism marketing partnership with the NHL when the three-year deal expires at the end of 2026. Worth nearly $8 million, the agreement drew sustained debate in the legislature. Newfoundland and Labrador The Department of National Defence has signed a 10-year, $20 million agreement with Nord Space for priority access to its launch pad at the Atlantic Spaceport Complex in St. Lawrence on the Burin Peninsula. 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

  4. Oct 18

    October 19, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - ACOA opens a call for AI adoption proposals, the Atlantic Fisheries Fund is renewed for five years, pump prices fall and international enrolment at Atlantic universities drops sharply. In Nova Scotia, a Dartmouth robotic vending firm scores at major U.S. stadiums, a rural startup wins in Italy, Eskasoni First Nation launches a seawater fuel venture, Everwind unveils a $10 billion data centre plan and the Yarmouth ferry is extended through 2027. In New Brunswick, Ottawa backs a digital forestry centre and the province introduces a local rate stabilizer. On P.E.I., a trailer maker pivots west, craft producers feel fuel costs and farmers worry about fertilizer. And in Newfoundland and Labrador, oil revenue climbs, Netflix's Below sets a record, employers seek more immigration and young nurses are leaving. Highlights: Atlantic Canada Ottawa and the four Atlantic provinces have renewed the Atlantic Fisheries Fund for five years with about $300 million, adding support for seafood branding and market research to help the sector weather U.S. tariffs. Nova Scotia Everwind has unveiled more than $10 billion in private investment centred on a Point Tupper data centre campus, with Anthropic holding a long-term lease. It projects about 2,000 construction jobs and 215 permanent positions. New Brunswick Ottawa is offering up to $50 million toward a New Brunswick digital forestry centre using AI-assisted tools to manage the province's wood supply. Centralized truck dispatch alone could save $25 million a year. Prince Edward Island P.E.I. trailer manufacturer Trout River Industries, which has absorbed nearly $1 million in tariff costs, is shifting its focus to Canadian customers, targeting Western Canada's wood chip and fuel industries with a new trailer design. Newfoundland and Labrador Netflix thriller Below, filmed in Newfoundland, set a record audience for a Canadian title with 70 million views in its first days. The province's film sector is weighing the benefits for future productions and tourism. 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

  5. Oct 11

    October 12, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - unemployment rises in three of the four Atlantic provinces, hospitality workers across the region report shrinking tips, and Moncton gets ready to host the first Small Biz Riot conference. In Nova Scotia, Emera agrees to merge with Calgary's Canadian Utilities, and four credit unions vote to combine as East Coast Credit Union. In New Brunswick, NB Power seeks three years of rate increases and the province opens a survey on natural gas development. On Prince Edward Island, a long-term care contract expands Charlottetown's Whisperwood Nursing Home and fall lobster prices hold firm. And in Newfoundland and Labrador, Shell buys into the Bay du Nord project, Suncor sells its offshore stakes, and NordSpace gets a satellite into orbit. Highlights: Atlantic Canada Unemployment rose in September in three of the four Atlantic provinces. Newfoundland and Labrador posted Canada's highest jobless rate at 9.1 percent, while Prince Edward Island bucked the trend as its rate fell to 7.3 percent. Nova Scotia Halifax-based Emera has agreed to merge with Calgary's Canadian Utilities in a deal valued at about $14.3 billion. The combined utility would keep the Emera name and Halifax headquarters, serving some six million customers. 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 Enhanced Living has won a contract to expand Charlottetown's Whisperwood Nursing Home with 82 new long-term care beds. The 30-year deal includes $3.5 million a year in provincial construction support. Newfoundland and Labrador Shell has agreed to buy a 30 percent stake in the Bay du Nord offshore oil project, with Equinor remaining operator. First oil is targeted for 2031, with a final investment decision expected next 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

  6. Oct 4

    October 5, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Newfoundland and Labrador sides with Ottawa against France's snow crab plan, minimum wages rise in Prince Edward Island and Nova Scotia, workers rally in Halifax against proposed federal strike rules, and Moncton prepares for the Small Biz Riot Conference. Nova Scotia rents lead the country, Halifax Water seeks rate increases, SailGP delivers a boost for Halifax, and two Nova Scotia businesses get innovation and digital support. We also look at NB Power's growing deferred costs, a supply snag for Campobello Island and a pause at the Nackawic pulp mill. Plus, federal tariff relief for 17 Island businesses, a renewed P.E.I. drug affordability program, a women-led trades enterprise in St. John's, data centre talk tied to Churchill Falls power, the reopening of Stephenville Airport and a new tool measuring Bay du Nord's climate impact. Highlights: Atlantic Canada Minimum wage workers in two Maritime provinces received raises October 1. Prince Edward Island's rate rose 30 cents to $17.30 an hour, while Nova Scotia's rose 25 cents to $17 an hour. Nova Scotia Nova Scotia now has the highest average asking rents in Canada. Apartment and condo rents averaged $2,356 in August, up 3.1 per cent from a year earlier, while national rents fell 4.8 per cent. 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 Ottawa is investing $6.9 million to help 17 Prince Edward Island businesses and organizations respond to U.S. tariffs, including more than $260,000 for the PEI Bag Company's new manufacturing equipment and digital technologies. Newfoundland and Labrador Newfoundland and Labrador is siding with Ottawa in opposing France's plan for an exploratory snow crab fishery on Canada's extended continental shelf, saying the area falls outside French authority. Federal departments are weighing next steps. 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. Sep 27

    September 28, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - an independent panel urges the four Atlantic provinces to operate as a single economy, small businesses push back on highway tolls, and new reports track school spending and worker financial stress. We also check liquor and cannabis sales, fuel prices and a Moncton small business conference. In Nova Scotia, the electric vehicle levy takes effect, Halifax hosts a busy cruise season, a data centre is explored at Point Tupper and a gypsum quarry ships its first load. In New Brunswick, potash drilling begins near Sussex, the province funds the 2029 Canada Summer Games and weighs limits on American hunting licences. Prince Edward Island reviews a private physician service and opens its Community Food Fund, while Newfoundland and Labrador readies highway tenders, seeks input on population growth, hosts Nordic ambassadors and celebrates a record screen industry run. Highlights: Atlantic Canada An independent panel of Atlantic business leaders is urging the four provinces to operate as a single economy, recommending integrated power grids, fewer trade barriers and a $1 billion Atlantic Canada Prosperity Fund. Nova Scotia Nova Scotia's levy on electric and plug-in hybrid vehicles takes effect October 1 - $500 for fully electric vehicles and $250 for plug-in hybrids, collected every two years at permit renewal. 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 is reviewing a private fee-for-service company offering visitors same-day physician appointments, including house calls to cottages and hotels. The province has directed its health department to find a way to stop it. Newfoundland and Labrador Newfoundland and Labrador's screen industry is on a record run, with production spending topping $150 million in 2025 and on track to go higher this year. The industry now supports about 800 jobs. 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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