• $463M Port of Saint John project aims to boost New Brunswick exports

  Source: New Brunswick - Regional News
  Date: 2026-10-21 21:29:02.0
  Tags: [National, New Brunswick, Infrastructure, Transportation, Trade, Economy]

  Federal Transport Minister Steven MacKinnon and New Brunswick Premier Susan Holt announced a $463 million infrastructure initiative called the Saint John Trade Corridor, marking the first project funded through the federal Trade Diversification Corridors Fund. The federal government is contributing $254 million, the Government of New Brunswick is providing $116.5 million, and project delivery partners are supplying the remaining $92.5 million. Key components of the project include dredging the main channel at Port Saint John to allow two-way traffic at high tide, constructing a new 2,787-square-metre Canada Border Services Agency container examination facility, stabilizing shorelines to protect rail capacity at the NBSR Bayshore Rail Terminal, replacing over 100 kilometres of existing rail, and reconstructing the Simms Corner intersection to alleviate congestion and improve safety.

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• Fisheries sector fund gets $300 million extension from Ottawa, Atlantic provinces

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-15 17:07:20.0
  Tags: [National, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Fisheries, Economy, Trade]

  Federal Fisheries Minister Joanne Thompson announced a five-year, $300 million extension of the Atlantic Fisheries Fund, aimed at supporting the fish and seafood sector across Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador. The federal government is contributing 60 percent of the funding, with the four Atlantic provincial governments providing the remainder. Originally introduced in 2017, the renewed fund will invest in industry research, infrastructure, advertising, industry branding, and market research to help harvesters and growers expand global markets and improve resilience against international trade disruptions.

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• Atlantic business leaders call for regional policies and more natural resource development

  Source: Prince Edward Island - Regional News
  Date: 2026-09-25 21:34:13.0
  Tags: [New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Economy, Trade, Energy, Resources, Mining, Industry]

  The Atlantic Economic Panel, chaired by Don Mills and commissioned by federal Atlantic Canada Opportunities Agency (ACOA) Minister Sean Fraser, released a strategic growth plan calling for the creation of a $1 billion Atlantic prosperity fund to help regional companies scale up. The report recommends greater regional integration, including the establishment of an independent electricity system operator across the four Atlantic provinces, the elimination of interprovincial trade barriers, coordinated immigration policies, and streamlined regulatory processes for major projects. Furthermore, the plan urges a 50 per cent expansion of the region's natural resources sector, bolstered by recent provincial policy shifts such as Nova Scotia lifting bans on fracking and uranium mining and approving five new mines.

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• 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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• Outfitters warn any N.B. ban on American hunters and anglers would devastate industry

  Source: New Brunswick - Regional News
  Date: 2026-09-23 16:28:53.0
  Tags: [New Brunswick, Trade, Tourism, Economy, Industry]

  Industry groups, including the United Guides and Outfitters of New Brunswick and the Canadian Federation of Outfitter Associations, are lobbying New Brunswick Premier Susan Holt to scrap a proposed retaliatory trade measure against American tariffs that would ban U.S. citizens from obtaining provincial hunting and fishing licences. Outfitters warn the ban would devastate the regional tourism and outdoor recreation sector, noting that approximately 85 per cent of their clients originate from the United States. According to a Canadian Federation of Outfitter Associations study, foreign clients accounted for $7.3 million out of the $8.9 million spent by outfitters' clients in New Brunswick in 2017.

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• N.B. moves to bar U.S. goods from major provincial contracts amid trade war

  Source: New Brunswick - Regional News
  Date: 2026-09-10 18:54:54.0
  Tags: [New Brunswick, Trade, Economy, Resources, Industry]

  In response to escalating U.S. tariffs and executive orders targeting Canadian exports, New Brunswick Premier Susan Holt announced that the province will prohibit the procurement of American goods and services for provincial contracts exceeding $5 million starting October 1, 2026. The restriction extends to suppliers operating in Canada that provide U.S. products, following a reduction in the value of U.S. government contracts from $34.4 million in the 2024-25 fiscal year down to $16.4 million in 2025-26. Additionally, the provincial government is reviewing its authority to restrict Americans from obtaining hunting and fishing licences as well as mining claims as a strategic negotiating tool.

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• 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.

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• 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.

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