• Atlantic Canadian businesses can now apply for nearly $40M in AI funding

  Source: Prince Edward Island - Regional News
  Date: 2026-10-14 18:00:00.0
  Tags: [Prince Edward Island, Nova Scotia, New Brunswick, Newfoundland and Labrador, National, Technology, Economy, Industry, Finance]

  The Atlantic Canada Opportunities Agency has launched a federal funding program offering nearly $40 million for small and medium-sized businesses pursuing large-scale artificial intelligence projects costing at least $1 million. The funding supports two primary tracks: adopting AI into internal business operations, such as proposal development tools utilized by Cabco Technologies, or developing new AI solutions to bring to market. Applications for the program remain open until November 20. The initiative aims to address a regional adoption gap highlighted by the Atlantic Economic Panel, which reported that approximately 15 per cent of Atlantic Canadian businesses with 10 or more employees use AI, compared to 20 per cent nationally.

  Read Original

• Canada, France pledge to work together on space infrastructure, economy

  Source: CBC Politics
  Date: 2026-09-20 14:40:36.0
  Tags: [National, Newfoundland and Labrador, Trade, Infrastructure, Technology, Defence, Economy]

  Prime Minister Mark Carney and French President Emmanuel Macron met in Saint-Pierre-et-Miquelon to pledge bilateral cooperation on shared space infrastructure, business growth, and economic development, directing their respective space agencies and defence ministries to develop common launch systems and ground reception facilities. The leaders also tasked the regional joint cooperation commission between Atlantic Canada and Saint-Pierre-et-Miquelon to expand work in economic growth, energy transition, and climate resilience. Furthermore, the French Chamber of Commerce and Industry and the Canadian Chamber of Commerce are finalizing an agreement to build shared value chains and deepen business ties amid broader Canadian efforts to forge a closer economic and political alliance with the European Union.

  Read Original

• Provincial Government Invests $4 Million to Support Growth of Atlantic Spaceport Complex

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-08-27 13:30:22.0
  Tags: [Newfoundland and Labrador, National, Economy, Industry, Technology, Defence]

  The Government of Newfoundland and Labrador is investing $4 million consisting of a $1 million term loan and a $3 million forgivable loan into NordSpace Corporation to support the development of the Atlantic Spaceport Complex in St. Lawrence. The broader $10 million project also includes a $1 million contribution from the Government of Canada through the Atlantic Canada Opportunities Agency and a $5 million private investment from NordSpace Corporation. The provincial funding is tied to the creation of 100 new full-time permanent positions by 2033 to establish Canadian commercial space-launch capabilities.

  Read Original