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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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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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