Atlantic Canada Business News

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Regular updates on business news and events in Atlantic Canada.

  1. 3d ago

    July 13, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Statistics Canada’s June jobs data revealed an uneven recovery, with Nova Scotia leading the region while New Brunswick and Prince Edward Island lost ground. Ottawa awarded Germany’s ThyssenKrupp Marine Systems the $22-billion submarine program, with six vessels to be serviced in Halifax, while ISAR Aerospace committed $112.5 million to build a launch complex at Spaceport Nova Scotia. New Brunswick is investing up to $54.3 million to help major employers like Irving Paper modernize, and Moncton joined Ottawa’s housing design catalog. Prince Edward Island posted its strongest housing starts since 1973 even as resale sales slipped. And in Newfoundland and Labrador, Premier Tony Wakeham courted Alberta investors while Ottawa committed $10.6 million to help workers and businesses hit by U.S. tariffs. Highlights: Atlantic Canada Statistics Canada’s June Labour Force Survey showed an uneven regional recovery - Nova Scotia added 4,800 jobs and its unemployment rate fell to 6.5%, while New Brunswick lost ground and Prince Edward Island’s rate climbed to 7.6%. Nova Scotia Ottawa awarded Germany’s ThyssenKrupp the $22-billion submarine program, with six of twelve vessels serviced in Halifax. ISAR Aerospace signed a $112.5-million deal with Maritime Launch Services to build a launch complex at Spaceport Nova Scotia. New Brunswick New Brunswick is providing up to $54.3 million over three years to help major employers modernize, with Irving Paper eligible for up to $15 million annually, protecting more than 183 jobs. Moncton joined Ottawa’s housing design catalog. Prince Edward Island Prince Edward Island recorded 1,769 housing starts in 2025, up 4.4% and the strongest annual total since 1973, as population reached 182,657. Resale sales dropped 9% even as the benchmark price edged up to $383,000. Newfoundland and Labrador Premier Tony Wakeham courted Alberta investors in Calgary to promote the province’s energy and critical minerals sector. Ottawa is providing $10.6 million to help roughly 1,200 Newfoundland and Labrador workers and businesses affected by U.S. tariffs. 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. Jul 5

    July 6, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Saint John-based Cooke Incorporated is acquiring Mowi Canada East’s Atlantic salmon farming assets for $225 million, a deal spanning New Brunswick, Prince Edward Island, and Newfoundland and Labrador. Atlantic Canadian universities are racing to expand artificial intelligence programming, with new degrees and certificates launching at UNB Saint John, Dalhousie, and Holland College. In Nova Scotia, five companies and two consortiums were cleared to bid on the province’s first offshore wind seabed licenses, while a new beef processing facility opened on Cape Breton Island. New Brunswick is investing in Saint John ahead of the 2029 Canada Summer Games and rolling out worker training amid ongoing US tariffs. Prince Edward Island and Ottawa are funding free home insulation for low- to medium-income households. And in Newfoundland and Labrador, Marine Atlantic and Unifor have resolved their bargaining impasse, ruling out a summer ferry disruption, as electricity rates rose 2.25 percent under the Muskrat Falls mitigation plan. Highlights: Atlantic Canada Atlantic universities are expanding AI programming, with UNB, Dalhousie, and Holland College adding new degrees. Nova Scotia Nova Scotia cleared five companies and two consortiums to bid on the province’s first offshore wind seabed licenses under the Wind West Plan. A new beef processing facility opened on Cape Breton Island, ending the need to ship cattle off-island. New Brunswick ACOA is investing more than $3 million in Saint John organizations ahead of the 2029 Canada Summer Games, including museum planning and aquatic centre upgrades. New Brunswick is also funding training for workers affected by ongoing US tariffs. Prince Edward Island Prince Edward Island and Ottawa are funding free home insulation for low- to medium-income households over five years, aiming to lower energy bills and support the province’s retrofit economy of contractors and assessors. Newfoundland and Labrador Marine Atlantic and Unifor resolved their bargaining impasse, ruling out a summer ferry disruption on the North Sydney to Port aux Basques route. Provincial electricity rates rose 2.25 percent under the Muskrat Falls mitigation plan, the fourth straight July increase. Special Thanks to Our Sponsor: ALP Limited Valuation Services Join our email list to never miss an episode: https://mailchi.mp/be8ab77675b4/atlantic-canada-business-news You can subscribe to our audio feeds by visiting our website: https://www.atlanticcanadabusiness.news Send your press releases and business news tips to: news@AtlanticCanadaBusiness.news Advertising enquiries can be made via email to: Ads@AtlanticCanadaBusiness.News Visit us on LinkedIn: https://www.linkedin.com/company/atlanticcanadabusiness-news Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  3. Jun 28

    June 30, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Social Services ministers meet in Charlottetown on affordability and labour shortages, Statistics Canada reports inflation running well above the national rate across all four provinces. Marine Atlantic’s essential-service dispute escalates after Unifor sought a board review, while Ottawa commits $270 million to ferry terminal upgrades in North Sydney and Newfoundland. Nova Scotia tightens cannabis enforcement and launches a three-year seafood sector strategy. New Brunswick positions itself as a nuclear energy hub and sees its Pay Transparency Act receive royal assent. Prince Edward Island’s Island Essentials Benefit payments begin in July, and an Auditor General report flags capital spending overruns. In Newfoundland, residents reject a wind-hydrogen project and Equinor’s Bay du Nord enters public review. Highlights: Atlantic Canada Atlantic Social Services ministers met in Charlottetown on affordability and labour shortages. Inflation hit 3.2% nationally in May, with all four Atlantic provinces posting higher rates. ACOA is funding a 16-member bioscience delegation to BIO 2026 in San Diego. Nova Scotia Nova Scotia increased cannabis enforcement fines to as much as $50,000 for businesses and launched a three-year, $1.5-million seafood sector strategy. Cape Breton owners are also lobbying to restore dormant freight rail service to the island. New Brunswick New Brunswick is positioning itself as a leader in nuclear energy development, building on the 660-megawatt Point Lepreau station. The province’s Pay Transparency Act received royal assent, requiring employers to post salary ranges on job listings. Prince Edward Island Prince Edward Island’s Island Essentials Benefit payments begin in July for eligible residents earning up to $126,000. A new Auditor General report finds capital project spending has significantly exceeded budget estimates. Newfoundland and Labrador Point Leamington residents voted more than 90% against a proposed wind-hydrogen project. Equinor’s Bay du Nord offshore development entered its 60-day public review, while Ottawa announced $270 million for Marine Atlantic terminal upgrades. Special Thanks to Our Sponsor: ALP Limited Valuation Services Join our email list to never miss an episode: https://mailchi.mp/be8ab77675b4/atlantic-canada-business-news You can subscribe to our audio feeds by visiting our website: https://www.atlanticcanadabusiness.news Send your press releases and business news tips to: news@AtlanticCanadaBusiness.news Advertising enquiries can be made via email to: Ads@AtlanticCanadaBusiness.News Visit us on LinkedIn: https://www.linkedin.com/company/atlanticcanadabusiness-news Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  4. Jun 23

    June 23, 2026- Atlantic Canada Business Report

    LISTEN: "This week on the Atlantic Canada Business Report with Peter McCully - the federal government backs an Atlantic ocean technology trade mission to Scotland, SOFIAC partners with Atlantic Baptist Housing on a major energy retrofit across three provinces, and a new Leger survey shows Atlantic Canadians lag the national average on AI-assisted shopping. Halifax Stanfield is on pace for a record year with transatlantic capacity up 40%, Americold opens a new cold storage hub at Port Saint John, and New Brunswick launches an AI adoption pilot for small businesses. Prince Edward Island updates its charitable lotteries rules and names a defense strategy panel, while the Federal Court of Appeal clears a legal hurdle for the Bay du Nord offshore oil project and Newfoundland and Labrador's finance minister sounds an optimistic note for investors." Highlights: Atlantic Canada The federal government is providing more than $140,000 to Oceans Advance Incorporated to lead a trade mission of Atlantic Canadian ocean technology companies to Aquaculture UK in Glasgow, Scotland, connecting firms with international buyers exploring the European aquaculture market. Nova Scotia Nova Scotia's Crown liquor and cannabis retailer released its 2025-26 year-end financials, showing higher demand for cannabis even as overall revenues declined, reflecting a broader shift in consumer spending across its product lines. New Brunswick Americold Realty Trust has opened a cold storage import/export hub at Port Saint John - billed as the first facility worldwide to combine cold chain storage, maritime logistics, and rail access, supporting 22,000 pallet positions and up to 100 jobs. Prince Edward Island PEI's new Charitable Lotteries Act comes into force June 30, updating fundraising lottery rules across the province, modernizing regulations, and creating a path for electronic raffles and inter-provincial charitable lotteries. Newfoundland and Labrador The Federal Court of Appeal has dismissed a challenge to the 2022 approval of the Bay du Nord offshore oil project, clearing a legal hurdle for the development located roughly 500 km east of St. John's.   Special Thanks to Our Sponsor: ALP Limited Valuation Services Join our email list to never miss an episode: https://mailchi.mp/be8ab77675b4/atlantic-canada-business-news  You can subscribe to our audio feeds by visiting our website: https://www.atlanticcanadabusiness.news Send your press releases and business news tips to: news@AtlanticCanadaBusiness.news  Advertising enquiries can be made via email to: Ads@AtlanticCanadaBusiness.News Visit us on LinkedIn: https://www.linkedin.com/company/atlanticcanadabusiness-news #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  5. Jun 16

    June 16, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - business loan delinquencies are climbing sharply across Atlantic Canada with Prince Edward Island and Nova Scotia among the hardest hit; Irving Shipbuilding lays the keel for Canada’s first River-class destroyer in Halifax; the northern cod quota jumps 55%; a new federal fund opens for communities and Indigenous organizations; and the Atlantic Immigration Program cuts wait times by a full year. Also: a second rocket launch from Spaceport Nova Scotia, a new entrepreneur loan program, long-term care workers reach a deal in Nova Scotia, and Marine Atlantic faces a potential labour disruption. Highlights: Atlantic Canada Business loan delinquencies are rising sharply across Atlantic Canada, with Prince Edward Island up 21.6% year-over-year and Nova Scotia up 19.26%, as the volume of young businesses falls nearly 39% nationally. Nova Scotia Irving Shipbuilding has laid the keel for Canada’s first River-class destroyer at Halifax Shipyard, while a second commercial rocket launch from Spaceport Nova Scotia near Canso advances the province’s orbital launch ambitions. New Brunswick Agropur is investing $20 million to expand its Miramichi plant into the Maritimes’ primary liquid milk hub, while a new pay-what-you-can school lunch program launches this September. Prince Edward Island Federal funding of up to $6 million will support a licence buyback for wild oyster harvesters hit by disease outbreaks, and an updated Employment Standards Act comes into force June thirtieth. Newfoundland and Labrador The northern cod total allowable catch has been raised 55% to 59,000 tonnes for 2026, while Marine Atlantic faces a potential labour disruption as a cooling-off period ticks down. Special Thanks to Our Sponsor: ALP Limited Valuation Services - businessandassetvalues.com Subscribe to our email list: mailchi.mp/atlanticcanadabusiness/email-list Website: atlanticcanadabusiness.news Submit a press release: acbreport@gmail.com Advertising inquiries: acbradvertising@gmail.com LinkedIn: linkedin.com/company/atlantic-canada-business-report #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  6. Jun 9

    June 9, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada’s economy adds eighty-eight thousand jobs in May. A new joint venture reshapes egg grading across Atlantic Canada. Nova Scotia records its strongest physician recruitment gain in years. Prince Edward Island’s oyster industry faces a disease crisis. And Newfoundland and Labrador launches a major new offshore exploration fund. Canada added eighty-eight thousand jobs in May with the national unemployment rate falling to six point six per cent, though results across Atlantic Canada were uneven by province. Parrish and Heimbecker subsidiary P&H Foods has formed a joint venture with Atlantic Poultry creating P&H Foods Atlantic. Spaceport Nova Scotia is preparing for two suborbital hypersonic rocket launches by Dutch aerospace company T-Minus Engineering. New Brunswick is investing one point five million dollars in arts and culture. And Newfoundland and Labrador is offering up to thirty million dollars annually to offset offshore drilling costs for exploration companies. Highlights: Atlantic Canada Parrish and Heimbecker subsidiary P&H Foods has entered a joint venture with Atlantic Poultry to form P&H Foods Atlantic, combining management expertise with egg grading assets and regional market knowledge. Nova Scotia Nova Scotia recorded a net gain of one hundred and ninety-nine new physicians in the last fiscal year, reflecting a sustained recruitment push to address the longstanding shortage of family doctors and specialists across the province. New Brunswick New Brunswick is investing one point five million dollars in the arts and culture sector to provide greater financial stability for organizations dealing with rising operating costs and post-pandemic recovery pressures. Prince Edward Island Prince Edward Island’s twenty-seven-million-dollar oyster industry is under severe threat from two diseases - MSX and Dermo - with some farmers reporting total mortality in their cages and considering exiting the industry entirely. Newfoundland and Labrador Newfoundland and Labrador is offering up to thirty million dollars annually over three years to offset drilling costs for companies pursuing new offshore exploration wells, alongside a new call for bids on sixteen offshore parcels. 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 #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  7. Jun 2

    June 2, 2026- Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Canada’s technology sector gains a new pathway into the American market. Halifax residential real estate hits an all-time high. A proposed NB Power policy change threatens to stall the province’s solar growth. Holland College receives the largest donation in its history. And North Atlantic’s wind-to-hydrogen project clears a key environmental milestone in Newfoundland and Labrador. Digital Nova Scotia is accepting applications for the Virtual Scaleup Hub Cambridge program, connecting high-growth Atlantic technology companies with New England market development support. The 2026 New Brunswick Export Awards recognized Sparta Manufacturing and Smett Monuments for international market success. Prince Edward Island’s Carry Rural Rideshare Pilot Program launches evening transportation options in communities outside Charlottetown. In Newfoundland and Labrador, Memorial University approved a $432-million budget that includes spending reductions and voluntary retirement offers. Highlights: Atlantic Canada Atlantic Canada’s technology sector has a new pathway into the American market. Digital Nova Scotia says the Virtual Scaleup Hub Cambridge program is accepting applications from high-growth Atlantic technology companies looking to expand into New England. Nova Scotia Halifax residential real estate hit an all-time high in April, with the average home sale price reaching just over $657,000, up 8.6 percent year over year. New Brunswick Residential solar installations in New Brunswick have more than quadrupled over three years, but two proposed NB Power changes including new demand charges could stall adoption and leave the province short of future energy needs. Prince Edward Island Holland College has received a $50-million donation from the Weston family - the largest in its history - to fund FutureWorks PEI, connecting students and applied research. Newfoundland and Labrador North Atlantic’s wind-to-hydrogen project has cleared a key environmental milestone, with phase one released from further review, advancing plans for an onshore wind farm and hydrogen plant at Come by Chance on the Avalon 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:   / atlantic-canada-business-report   #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

  8. Jun 2

    June 2, 2026 - Atlantic Canada Business Report

    LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Canada’s technology sector gains a new pathway into the American market. Halifax residential real estate hits an all-time high. A proposed NB Power policy change threatens to stall the province’s solar growth. Holland College receives the largest donation in its history. And North Atlantic’s wind-to-hydrogen project clears a key environmental milestone in Newfoundland and Labrador. Digital Nova Scotia is accepting applications for the Virtual Scaleup Hub Cambridge program, connecting high-growth Atlantic technology companies with New England market development support. The 2026 New Brunswick Export Awards recognized Sparta Manufacturing and Smett Monuments for international market success. Prince Edward Island’s Carry Rural Rideshare Pilot Program launches evening transportation options in communities outside Charlottetown. In Newfoundland and Labrador, Memorial University approved a $432-million budget that includes spending reductions and voluntary retirement offers. Highlights: Atlantic Canada Atlantic Canada’s technology sector has a new pathway into the American market. Digital Nova Scotia says the Virtual Scaleup Hub Cambridge program is accepting applications from high-growth Atlantic technology companies looking to expand into New England. Nova Scotia Halifax residential real estate hit an all-time high in April, with the average home sale price reaching just over $657,000, up 8.6 percent year over year. New Brunswick Residential solar installations in New Brunswick have more than quadrupled over three years, but two proposed NB Power changes including new demand charges could stall adoption and leave the province short of future energy needs. Prince Edward Island Holland College has received a $50-million donation from the Weston family - the largest in its history - to fund FutureWorks PEI, connecting students and applied research. Newfoundland and Labrador North Atlantic’s wind-to-hydrogen project has cleared a key environmental milestone, with phase one released from further review, advancing plans for an onshore wind farm and hydrogen plant at Come by Chance on the Avalon 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 #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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