New Brunswick’s surplus power sales to U.S. could close Irving Paper, firm warns

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Source: New Brunswick - Regional News
Date: 2026-10-30 15:32:23.0
Tags: [New Brunswick, Energy, Industry, Economy, Governance]

J.D. Irving Ltd. executive Mark Mosher warned that a policy change by New Brunswick's Crown-owned electric utility, NB Power, could force the closure of the Irving Paper mill and increase operational costs by an estimated $10 million annually. The policy shift allows NB Power to sell its excess surplus electricity to out-of-province and U.S. buyers at market rates first, forcing in-province industrial clients to rely on more expensive excess power. Energy Minister Rene Legacy stated that the provincial Liberal government will not intervene or reverse the regulatory decision, leaving the matter to be reviewed through an application submitted by J.D. Irving Ltd. to the New Brunswick Energy and Utilities Board.

Ministerial Statement: Minister Parrott Recognizes Opening of Equinox Gold’s Valentine Gold Mine

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-29 16:15:13.0
Tags: [Newfoundland and Labrador, Mining, Resources, Economy, Industry, Energy]

Newfoundland and Labrador Minister of Energy and Mines Lloyd Parrott announced the official opening and commercial production of Equinox Gold's Valentine Gold Mine in Central Newfoundland. Equinox Gold plans to invest $436 million over the next two years for a Phase 2 expansion to double its throughput capacity, raising average annual gold production to approximately 223,000 ounces across its 320-square-kilometre property.

Only firm approved to explore for N.S. offshore oil and gas misses deposit deadline

Source: Nova Scotia - Halifax & Regional News
Date: 2026-10-27 15:34:46.0
Tags: [Nova Scotia, Energy, Resources, Economy, Industry]

Nova Scotia Premier Tim Houston announced that Inceptio Oil and Gas, led by James Edens, missed the Monday deposit deadline to put down $50 million for its approved $210-million offshore exploration bid. Inceptio required the deposit and a subsequent exploration licence before initiating activities like seismic testing and drilling. This marks a setback for Nova Scotia's offshore fossil fuel sector, which has seen no activity since the Sable and Deep Panuke gas projects shut down in 2018.

Boon or boondoggle? N.S. weighs $10B data centre’s promised economic benefits

Source: Nova Scotia - Halifax & Regional News
Date: 2026-10-23 12:02:20.0
Tags: [Nova Scotia, Technology, Energy, Infrastructure, Industry, Economy]

EverWind has announced a $10 billion private investment to build an 18,600-square-metre artificial intelligence data centre campus and associated wind projects in Point Tupper, Nova Scotia. The facility will be leased for 20 years to the American AI company Anthropic, starting with a 95-megawatt capacity in the first phase by late 2027 and a planned 325-megawatt expansion by mid-2028. The project is projected by EverWind to create 2,000 construction jobs and 215 permanent positions offering salaries ranging from $135,000 to $185,000 per year across the data centre and four power-generating wind farms.

Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

Source: Ontario - Premier's Office
Date: 2026-10-21 19:30:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]

The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.

Carney’s Turkish balancing act must include business, defence and human rights

Source: CBC Politics
Date: 2026-10-21 08:00:00.0
Tags: [National, Trade, Defence, Energy, Industry, Economy]

Prime Minister Mark Carney is undertaking a three-day official visit to Turkey to negotiate a free trade agreement, expand bilateral energy and strategic industry cooperation, and rebuild defence-industrial ties with President Recep Tayyip Erdoğan following the easing of a prior Canadian arms embargo. The bilateral relationship currently involves approximately $4.3 billion in trade, with active discussions focusing on potential commercial opportunities for Candu nuclear reactor technology and joint defense initiatives in ammunition production, drones, and counter-drone systems led by Secretary of State for Defence Procurement Stephen Fuhr. Simultaneously, the diplomatic mission navigates foreign policy challenges regarding Turkey's recent domestic crackdowns on civil society and 2SLGBTQ+ organizations, which test the federal government's stated balance of economic pragmatism and human rights values.

Ontario Welcomes $479 Million Advanced Manufacturing Investment in London

Source: Ontario - Ministry of Economic Development, Job Creation and Trade
Date: 2026-10-16 13:30:00.0
Tags: [Ontario, National, Economy, Industry, Energy, Infrastructure]

Hitachi Energy Canada is investing $479 million to establish a 21,000-square-meter Transformer Insulation Centre in London's Huron Industrial Park, creating over 100 new jobs with completion expected by 2028. The facility will feature the world's first transformer pressboard manufacturing line with four formers, capable of producing up to 20,000 tonnes of material annually to strengthen North America's transformer supply chain. The Ontario government is providing up to $20 million in funding through the Invest Ontario Fund, while the Government of Canada is contributing $20 million through the Strategic Response Fund alongside $10 million from Natural Resources Canada.

Canada's Largest Helium Purification Facility Opens in Southwest Saskatchewan

Source: Saskatchewan - Government News
Date: 2026-10-15 22:00:00.0
Tags: [Saskatchewan, Energy, Resources, Industry, Economy]

North American Helium has opened Canada's largest helium purification facility near Stewart Valley, Saskatchewan, producing approximately 73 million cubic feet of helium annually and increasing the province's output by over 40 per cent. Over the past decade, North American Helium has invested approximately $700 million and drilled over 120 wells in Saskatchewan, which currently produces over 95 per cent of Canada's helium. The Government of Saskatchewan is supporting the sector through the Helium Action Plan, the Critical Minerals Processing Investment Incentive (CMPII), the Saskatchewan Critical Minerals Innovation Incentive (SCMII), and a Crown Public Offering for Helium and Associated Gases, while advocating for federal tax changes to support a domestic liquefaction facility.

Newfoundland and Labrador Showcases Defence-Ready Capabilities at DEFSEC Atlantic

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-09 15:20:19.0
Tags: [Newfoundland and Labrador, Defence, Economy, Industry, Technology, Energy]

Premier Tony Wakeham and Minister Lin Paddock represented the Government of Newfoundland and Labrador at the 2026 DEFSEC Atlantic exhibition in Halifax to promote the province's defence, aerospace, and security capabilities. The province emphasized strategic assets including 5 Wing Goose Bay, deepwater ports, critical minerals, and clean energy access via the new Churchill Falls agreement. Additionally, local firms Avalon Holographics and SmartICE were recognized at the 2026 Atlantic Canada Aerospace and Defence Association Industry Excellence Awards for innovation and workforce culture.

Export Development Canada is opening 3 new offices in Europe

Source: Global News Politics
Date: 2026-10-01 17:05:22.0
Tags: [National, Trade, Economy, Industry, Energy, Mining]

Export Development Canada (EDC) is opening three new European offices in France, Sweden, and Poland to expand Canadian trade ties amid ongoing trade disputes and fractured relations with the United States under Prime Minister Mark Carney's non-U.S. export strategy. EDC projects Canadian exports to Europe could exceed US$104 billion in goods and US$41 billion in services by 2035, building on growth from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) and upcoming bilateral partnership pacts involving critical minerals and energy cooperation.

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.

Bank of Canada governor says Atlantic Canada is less exposed to U.S. tariffs

Source: Prince Edward Island - Regional News
Date: 2026-09-21 21:47:30.0
Tags: [Nova Scotia, National, Economy, Trade, Energy, Industry]

Bank of Canada Governor Tiff Macklem stated during a speech in Halifax that Atlantic Canada is less exposed to U.S. tariffs than provinces like Ontario and Quebec, though regional residents face heavier burdens from inflation and rising oil prices used for home heating. Macklem noted that Nova Scotia's unemployment rate remains below the national average and pre-pandemic levels, while the region experiences positive economic investments in the shipbuilding, defence, and energy sectors. However, the governor emphasized that achieving sustained economic transformation will require multi-year commitments and investment plans from both governments and businesses.

Ontario Starts Construction on Pickering Nuclear Refurbishment

Source: Ontario - Ministry of Energy and Mines
Date: 2026-09-21 16:30:00.0
Tags: [Ontario, Energy, Infrastructure, Economy, Labour, Industry]

The Government of Ontario and Ontario Power Generation (OPG) have officially started construction on the Pickering Nuclear Generating Station refurbishment project, Canada's largest clean energy infrastructure initiative. The $41.6 billion project extends the operational life of Pickering's four CANDU reactors (Units 5 through 8) by up to 38 years, replacing 1,520 fuel channels and 48 boilers to supply 2,200 megawatts of power. Major contract awards include a $1.7 billion execution phase agreement with Aecon Group Inc. and Candu Energy (an AtkinsRéalis company) for Retube, Feeder, and Boiler Replacement, and a $1.3 billion contract with Aecon Group Inc. and Siemens Energy Canada for Turbine Generator Replacement. The refurbishment will create 30,500 annual construction jobs, generate $17 billion in economic activity across Durham Region and Ontario, and maintain regional medical isotope production for Cobalt-60, with final reactor work pending Canadian Nuclear Safety Commission approval in January 2027.

Ontario Supporting New $410 Million Critical Mineral Processing Facility in Marathon

Source: Ontario - Ministry of Economic Development, Job Creation and Trade
Date: 2026-09-18 16:30:00.0
Tags: [Ontario, Economy, Mining, Resources, Industry, Energy]

The Ontario government is investing $11 million through the Critical Minerals Processing Fund (CMPF) delivered by Invest Ontario to support Generation Mining's $410 million copper and palladium processing complex in Marathon, Ontario. The facility is the first recipient of the CMPF and is designed to convert raw ore into materials for electrification, advanced manufacturing, and defence as part of the broader $992 million Marathon Project. Once fully operational, the project will create more than 450 permanent jobs and support 800 construction-phase jobs, helping build an end-to-end domestic critical minerals supply chain.

Lloydminster Heavy Oil Show Highlights Innovation and Growth in Saskatchewan Energy Sector

Source: Saskatchewan - Government News
Date: 2026-09-16 22:00:00.0
Tags: [Saskatchewan, Energy, Resources, Industry, Economy]

The Government of Saskatchewan announced participation in the Lloydminster Heavy Oil Show held on September 16 and 17, 2026, highlighting the economic impact and technological advancements of the province's heavy oil sector. Energy and Resources Minister Chris Beaudry noted that the oil and gas sector employs over 25,000 workers and generated $11.5 billion in production value in the previous year. The provincial government emphasized its stable regulatory environment, competitive royalty programs, and supportive policies driving ongoing industry investment and new production projects in northwest Saskatchewan.

Export cost spike spurs Whitehorse energy firm to pivot from U.S. to Yukon markets

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-09-16 19:28:10.0
Tags: [National, Trade, Energy, Mining, Industry, Economy]

In response to escalating United States tariffs implemented by President Donald Trump's administration that increased export costs by 65 percent, Whitehorse-based renewable power firm Solvest Inc. is pivoting its operations from Alaska to the Yukon market. To support this transition and help local businesses respond to cross-border trade disputes, the federal government through the Canadian Northern Economic Development Agency is awarding $1.9 million across four Yukon companies, including $260,000 directed to Solvest Inc. Solvest Inc. will use the funding to develop a new 500-kilowatt mobile "power pod" solar and battery storage system designed specifically for the Yukon placer mining industry, with the first unit slated to launch in spring 2027.

Single Largest Private Sector Capital Investment in History of Canada Through Bell AI's Saskatchewan Expansion

Source: Saskatchewan - Government News
Date: 2026-09-15 02:10:00.0
Tags: [Saskatchewan, Technology, Energy, Infrastructure, Economy, Industry]

Premier Scott Moe and Bell Canada CEO Mirko Bibic announced a major expansion of Bell's AI Data Centre project in Saskatchewan, bringing the total estimated capital investment to more than $50 billion and establishing the Bell AI Fabric headquarters in the Regina area. The project includes a phased development of up to 900 megawatts (MW) of additional power capacity provided by Bell through Saskatchewan’s Bring Your Own Power principle, alongside an initial 300 MW from the provincial grid, creating a pathway to a 1.2 gigawatt (GW) Canadian AI infrastructure hub. The expansion is approved under the Saskatchewan Data Centre Framework released in August 2026 and is expected to create up to 500 permanent operations and power generation jobs, approximately 100 management positions at the new headquarters, and an estimated 3,000 additional jobs in security, logistics, and maintenance.

New Brunswick aiming to attract $30 billion in investment at Toronto summit

Source: New Brunswick - Regional News
Date: 2026-09-14 18:07:55.0
Tags: [New Brunswick, Economy, Finance, Industry, Energy, Mining]

New Brunswick Premier Susan Holt and provincial officials are attending the Canada Investment Summit in Toronto to pitch eight capital investment projects totaling more than $30 billion. The initiatives include a new nuclear development, a proposed data centre, and the Sisson Mine project, focusing on critical minerals, advanced materials, energy, digital infrastructure, and transportation. University of New Brunswick political science department chair Herb Emery noted that while the summit could yield contracts and commitments, the long-term projects will generate GDP too far in the future to immediately address the province's current budget deficits.

Premier Ford’s Statement Ahead of the 2026 Canada Investment Summit

Source: Ontario - Premier's Office
Date: 2026-09-13 16:00:00.0
Tags: [Ontario, Economy, Industry, Trade, Energy, Mining]

Premier Doug Ford announced the launch of the first-ever Canada Investment Summit in Toronto, bringing together global business leaders from countries including Kuwait, Malaysia, the Netherlands, Singapore, Qatar, Norway, Japan, and Australia. The government is promoting Ontario's competitiveness through regulatory reform, streamlined permitting, and the promotion of Ontario's Deal Book, which features 15 major projects worth tens of billions of dollars. These projects span multiple sectors, including energy production and transmission, critical minerals and mining, artificial intelligence, and advanced manufacturing.

Premier Moe Brings Saskatchewan to the World at the Canada Investment Summit

Source: Saskatchewan - Government News
Date: 2026-09-11 22:00:00.0
Tags: [Saskatchewan, Economy, Industry, Energy, Mining, Agriculture]

Premier Scott Moe is attending the Canada Investment Summit in Toronto on September 14 and 15, 2026, to promote investment opportunities in Saskatchewan's energy, critical mineral, defence, and agriculture sectors. Alongside the summit, the Government of Saskatchewan is hosting an Invest in Saskatchewan Forum focused on the nuclear sector and uranium development, featuring a fireside chat with Premier Moe, Cameco CEO Tim Gitzel, and former Prime Minister Stephen Harper. Saskatchewan's private capital investment grew by 12 per cent last year to reach $13.6 billion, ranking first in Canada, backed by 60 large-scale projects representing over $62 billion in total planned and active investments.