• Public Advisory: Help Shape Newfoundland and Labrador’s Rural Revitalization Strategy

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-10-29 19:10:13.0
    Tags: [Newfoundland and Labrador, Economy, Infrastructure, Governance]

    The Government of Newfoundland and Labrador, through the Department of Jobs, Growth and Rural Development, has launched public consultations to shape its upcoming Rural Revitalization Strategy. Residents, municipalities, Indigenous governments and organizations, businesses, community groups, and local leaders are invited to participate through in-person and virtual consultation sessions beginning November 2, 2026, an online questionnaire via EngageNL, or written submissions sent to the Natural Resources Building in St. John's. The strategy aims to implement a region-by-region approach to foster sustainable economic growth and stronger rural communities throughout the province.

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  • Public Advisory: Help Shape Newfoundland and Labrador’s Rural Revitalization Strategy

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-10-29 19:10:13.0
    Tags: [Newfoundland and Labrador, Economy, Governance, Infrastructure]

    The Government of Newfoundland and Labrador announced public consultations for its new Rural Revitalization Strategy, inviting residents, municipalities, Indigenous governments and organizations, businesses, community groups, and local leaders to share priorities. Stakeholders can participate through in-person or virtual consultation sessions beginning November 2, 2026, in Conception Bay South and Wabana, by completing an online questionnaire at EngageNL, or by providing written submissions via mail or email to the Executive Council. The strategy aims to implement a region-by-region approach to foster sustainable economic growth and strengthen rural communities across the province.

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  • Ministerial Statement: Minister O’Driscoll Celebrates Renewal of Atlantic Fisheries Fund

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-10-29 16:25:37.0
    Tags: [Newfoundland and Labrador, Fisheries, Economy, Industry, Infrastructure]

    Newfoundland and Labrador Minister of Fisheries and Aquaculture Loyola O’Driscoll announced the renewal of the Atlantic Fisheries Fund, which will invest over $300 million across the Atlantic Region, including approximately $90 million specifically for Newfoundland and Labrador. The funding targets four core pillars: market diversification, innovation, infrastructure, and science partnerships. This initiative aims to build upon the sector's record market value of $2.11 billion achieved in 2025, with project applications officially open to interested participants.

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  • Minister Pardy Tables 2025-26 Public Accounts

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-10-16 16:05:45.0
    Tags: [Newfoundland and Labrador, Finance, Economy, Taxation, Infrastructure]

    The Government of Newfoundland and Labrador released its independently audited 2025-26 Public Accounts ahead of the November 1 statutory deadline, revealing a deficit of $377.6 million, which is $5.8 million higher than originally budgeted. Total revenue exceeded the budget by $420.8 million, bolstered by offshore royalties reaching $1.7 billion—approximately $350 million higher than the previous year—along with increased taxation and federal revenues. The province invested approximately $774 million in capital acquisitions for public infrastructure, transportation assets, health care facilities, and schools, while net debt at year-end was approximately $434 million lower than originally budgeted and the unfunded pension liability declined by approximately $483 million.

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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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  • Public Advisory: Help Shape Newfoundland and Labrador’s Rural Revitalization Strategy

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-09-22 14:30:58.0
    Tags: [Newfoundland and Labrador, Economy, Industry, Infrastructure, Governance]

    The Government of Newfoundland and Labrador, through the Department of Jobs, Growth and Rural Development, has launched a public engagement process to shape the province's new Rural Revitalization Strategy. Municipalities, Indigenous governments, businesses, and local leaders are invited to provide feedback via the online platform EngageNL, in-person and virtual consultation sessions, or written submissions sent to the Natural Resources Building in St. John's. The initiative aims to address regional economic challenges, strengthen local leadership, and establish measures of success for sustainable rural communities and population growth.

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  • 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.

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  • Statement from the Honourable Tony Wakeham, Premier of Newfoundland and Labrador on the Canada Investment Summit

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-09-14 12:15:07.0
    Tags: [Newfoundland and Labrador, National, Economy, Energy, Infrastructure, Resources]

    Newfoundland and Labrador Premier Tony Wakeham announced that while he cannot attend the Canada Investment Summit in Toronto due to a special sitting of the House of Assembly, government officials and a team of representatives will attend to engage with global investors regarding major provincial opportunities. The province highlights its $50-plus-billion capital spend tied to the new Churchill Falls and Gull Island clean energy deal—noted as the largest clean energy investment in North American history—alongside ongoing international profiling of strategic projects such as Bay du Nord and the Churchill projects across the energy, critical minerals, technology, and natural resources sectors.

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  • Premier Welcomes Trades NL Support of New and Better Deal to Deliver More Jobs

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-09-08 15:30:19.0
    Tags: [Newfoundland and Labrador, Energy, Infrastructure, Labour, Economy]

    Premier Tony Wakeham announced that Trades NL has endorsed the Provincial Government's new deal to develop Churchill Falls and Gull Island, partnering with federal and provincial entities including Prime Minister Mark Carney and Premier Christine Fréchette. The agreement extends employment benefits to all project components—including Churchill Falls upgrades, Labrador transmission, and wind development—guaranteeing that 85 per cent of all person-hours worked during construction will remain in Newfoundland and Labrador. Priority for these roles is mandated for qualified Labrador Innu, qualified Labradorians, and qualified Newfoundlanders, in that order. At peak construction, the Gull Island project alone is projected to employ up to 5,000 workers.

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  • Provincial Government Issues Expression of Interest for Buchans Generating Facility

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-09-02 14:30:53.0
    Tags: [Newfoundland and Labrador, Energy, Infrastructure, Economy, Indigenous]

    The Government of Newfoundland and Labrador, through the Department of Energy and Mines led by Minister Lloyd Parrott, has issued a public expression of interest for the potential divestment and future development of the publicly owned Buchans Generating Facility. The initiative invites interested parties to submit proposals via the MERX tendering platform detailing prospective uses, economic benefits, long-term operational plans, and opportunities for regional development and Indigenous participation. Submissions for the facility close on October 20, 2026, at 4:00 p.m., allowing the provincial government to assess market interest and determine a competitive divestment approach.

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