• Eastern Canada business leaders call for ‘single economy’ between Atlantic provinces

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-09-25 14:16:00.0
  Tags: [Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Economy, Trade, Labour, Infrastructure, Energy, Immigration]

  The Atlantic Economic Panel, appointed by federal minister Sean Fraser and chaired by Crane Cove Holdings Ltd. president Don Mills, released a report calling for the creation of a 'One Atlantic Canada' single economy by 2035 across Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador. To combat low productivity, labour shortages, and regulatory barriers, the report outlines seven major recommendations, including a $1-billion Atlantic Prosperity Fund, a $25-billion integrated electricity system managed by a region-wide independent system operator, the removal of all trade and labour mobility barriers, and regional infrastructure partnerships. Additional targets include growing the region's population past 3 million with a 1.8 percent annual growth rate, doubling exports to Europe to over $30 billion, mobilizing $100 billion in new natural resource investments, and enhancing the aerospace, defence, shipbuilding, and artificial intelligence sectors.

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• Uncertainty hangs over Nackawic after pulp mill announces temporary shutdown

  Source: New Brunswick - Regional News
  Date: 2026-09-18 20:32:12.0
  Tags: [New Brunswick, Economy, Industry, Resources, Labour]

  AV Group NB Inc., a subsidiary of India-based Aditya Birla Group, announced the temporary idling of its AV Nackawic dissolving-grade pulp mill facility west of Fredericton, effective around the end of October. The shutdown will result in 350 workers losing their jobs, including 228 represented by the union Unifor. The company cited surplus market supply of dissolving-grade pulp and production costs outpacing stable price realizations as the primary drivers. Municipal and provincial officials, including Natural Resources Minister John Herron and Premier Susan Holt, expressed concern over the impact on the local economy and forestry sector, with provincial authorities working to assemble a support plan for affected workers.

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• New Brunswick mill laying off hundreds of workers, union says

  Source: New Brunswick - Regional News
  Date: 2026-09-17 21:44:08.0
  Tags: [New Brunswick, Labour, Industry, Resources, Economy]

  Unifor reports that the AV Nackawic mill, a subsidiary of the India-based Aditya Birla Group located in Nackawic-Millville, New Brunswick, will temporarily idle operations and lay off 228 workers in November. The facility produces dissolving grade pulp used for textiles and serves as a major economic driver for the rural community. New Brunswick Natural Resources Minister John Herron stated that the provincial government is developing a response plan to support the affected workers.

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