• Canadian seafood industry 'relieved' with removal of their products from retaliatory tariff list

  Source: CBC Politics
  Date: 2026-08-27 13:22:04.0
  Tags: [National, Nova Scotia, New Brunswick, Prince Edward Island, Trade, Economy, Fisheries]

  Finance Canada removed fish and seafood products, including lobster and crab, from its retaliatory tariff list just a day after initially imposing counter-measures on $27.6 billion worth of U.S. goods. The initial list would have subjected U.S. seafood imports to a 25 per cent tariff, which industry groups like the Lobster Processors Association and the New Brunswick Crab Processors Association warned would devastate integrated cross-border processing operations. To maintain a dollar-for-dollar and rate-for-rate response, the Ministry of Finance added copper wire, charcoal, plaster sheets, and tiles to the tariff list at a 50 per cent rate, taking effect on September 8.

  Read Original

• New Brunswick to review lifting natural gas moratorium

  Source: New Brunswick - Regional News
  Date: 2026-08-26 19:06:44.0
  Tags: [New Brunswick, Energy, Resources, Economy, Trade, Indigenous]

  New Brunswick Premier Susan Holt announced a five-month public review of the province's resource development to evaluate lifting the decade-old moratorium on hydraulic fracking for natural gas. Prompted by rising cost-of-living pressures, increased energy demand, and 50 percent U.S. tariffs implemented by the United States, the government aims to assess safety, environmental standards, and economic opportunities. Natural Resource Minister John Herron and Indigenous Affairs Minister Keith Chiasson noted that the process will feature extensive consultations with First Nations communities. The comprehensive review findings are scheduled to be announced in January 2027, with monthly progress reports issued by the provincial government.

  Read Original