• $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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• Nackawic mill workers and union push for government action as shutdown looms

  Source: New Brunswick - Regional News
  Date: 2026-10-16 20:51:04.0
  Tags: [New Brunswick, National, Labour, Industry, Trade, Resources]

  AV Group NB Inc. announced it will temporarily idle the AV Nackawic Mill in New Brunswick on November 4 due to prevailing market conditions and trade pressures, placing roughly 240 unionized workers and 300 to 350 direct jobs at risk. In response, Unifor leadership and local union representatives are pushing for government intervention, including a national forestry strategy, a joint government task force, a provincial modernization review, and keeping the facility heated through the winter. Premier Susan Holt stated that the Government of New Brunswick is working with AV Group NB Inc. and municipal officials to explore employment alternatives and facility uses while Working NB assists affected employees with federal and provincial benefits.

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• Market diversification added to focus of renewed Atlantic Fisheries Fund

  Source: Prince Edward Island - Regional News
  Date: 2026-10-15 20:43:09.0
  Tags: [National, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Trade, Fisheries, Industry, Finance]

  The federal government and the Atlantic provincial governments are replenishing the Atlantic Fisheries Fund with more than $300 million over the next five years, funded 60 per cent federally and 40 per cent provincially, in response to ongoing trade disputes and tariffs with the U.S. Federal Fisheries Minister Joanne Thompson announced that market diversification has been added as a new funding pillar alongside innovation, infrastructure, and science partnerships to assist harvesters and processors such as Cooke Inc., the P.E.I. Fishermen’s Association, Scotia Harvest, and Icewater Seafoods in entering new international markets. Over the past nine years, the fund has previously distributed $370 million to more than 1,300 projects across Atlantic Canada.

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• Atlantic Fisheries Fund Renewed, Applications Being Accepted

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-15 17:40:13.0
  Tags: [Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, National, Fisheries, Economy, Industry]

  The Government of Newfoundland and Labrador, the Government of Canada, and the provincial governments of Nova Scotia, New Brunswick, and Prince Edward Island have jointly renewed the Atlantic Fisheries Fund (AFF) with an investment of more than $300 million. The fund supports fishing and aquaculture projects across the Atlantic region to drive innovation, enhance market development, and ensure industry sustainability. The renewed program operates under four distinct pillars: market diversification, innovation, infrastructure, and science partnerships, with applications currently being accepted by the Government of Newfoundland and Labrador and partner jurisdictions. This funding launch follows a record-breaking performance in 2025 where Newfoundland and Labrador's fisheries and aquaculture sector generated $2.11 billion in market value.

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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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• AI-driven project to modernize New Brunswick forestry getting $50M boost from Ottawa

  Source: New Brunswick - Regional News
  Date: 2026-10-14 20:19:53.0
  Tags: [New Brunswick, National, Economy, Resources, Technology, Industry]

  The federal government is committing up to $50 million to help build the New Brunswick Strategic Innovation Centre in Digital Forestry. The total $86 million project, led by the Northern Hardwoods Research Institute in collaboration with ResearchNB and the provincial Department of Natural Resources, will use artificial intelligence and digital tools to better track wood supply, optimize logistics, and reduce empty truck miles. Forestry currently supports approximately 24,000 jobs in New Brunswick and contributes roughly $1.5 billion annually to the provincial economy.

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• Atlantic Canadian businesses can now apply for nearly $40M in AI funding

  Source: Prince Edward Island - Regional News
  Date: 2026-10-14 18:00:00.0
  Tags: [Prince Edward Island, Nova Scotia, New Brunswick, Newfoundland and Labrador, National, Technology, Economy, Industry, Finance]

  The Atlantic Canada Opportunities Agency has launched a federal funding program offering nearly $40 million for small and medium-sized businesses pursuing large-scale artificial intelligence projects costing at least $1 million. The funding supports two primary tracks: adopting AI into internal business operations, such as proposal development tools utilized by Cabco Technologies, or developing new AI solutions to bring to market. Applications for the program remain open until November 20. The initiative aims to address a regional adoption gap highlighted by the Atlantic Economic Panel, which reported that approximately 15 per cent of Atlantic Canadian businesses with 10 or more employees use AI, compared to 20 per cent nationally.

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• New Brunswick gets $219 million loan from Ottawa for hydroelectric dam repair work

  Source: New Brunswick - Regional News
  Date: 2026-10-13 17:06:33.0
  Tags: [New Brunswick, National, Infrastructure, Energy, Environment, Climate]

  The federal government announced nearly $270 million in funding for New Brunswick energy facilities, featuring a $219 million loan from the Canada Infrastructure Bank for the Mactaquac Life Achievement Project and a $50 million grant to upgrade the Salisbury Terminal near Moncton. The funding supports technical studies, regulatory reviews, and planning to extend the 672-megawatt Mactaquac Generating Station's operational life to 2068, counteracting concrete swelling caused by alkali-aggregate reactions. NB Power officials stated that the total project cost is projected to approach $9 billion, while the federal government emphasizes the investment's alignment with Ottawa's net-zero electricity grid goals by 2050.

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• Feds grant New Brunswick $461 million for infrastructure projects

  Source: New Brunswick - Regional News
  Date: 2026-09-25 20:10:15.0
  Tags: [National, New Brunswick, Infrastructure, Housing, Healthcare, Education]

  The federal government, through the Department of Housing, Infrastructure and Communities, has announced a $461 million funding transfer to the Government of New Brunswick via the $51-billion Build Communities Strong Fund from the 2025 federal budget. The agreement allocates $305 million toward housing and post-secondary education projects, with New Brunswick committing not to increase fees or taxes that hinder housing supply. Additionally, $155 million is designated for health infrastructure, including $25.7 million for endoscopy modernization and expansion and $1 million for future planning at the Dr. Georges-L.-Dumont University Hospital in Moncton.

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• N.B. and N.S. gaming Crown corps fined for lax money laundering reports

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-09-03 15:54:15.0
  Tags: [Nova Scotia, New Brunswick, National, Public Safety, Finance, Governance]

  The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) has fined the New Brunswick Lotteries and Gaming Corporation nearly $400,000 and the Nova Scotia Gaming Corporation almost $232,000 for failing to submit suspicious transaction reports regarding potential money laundering or terrorist activity financing. Fintrac's acting director and CEO Stéphane Sirard noted that both organizations failed in their legal obligations under federal anti-money laundering frameworks. Additionally, the Nova Scotia Gaming Corporation was cited for failing to develop up-to-date written compliance policies and failing to document the specific risks of money laundering or terrorist activity financing offenses.

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• North Atlantic right whale population appears to be stabilizing after years of decline: DFO

  Source: Prince Edward Island - Regional News
  Date: 2026-09-03 14:18:45.0
  Tags: [National, Prince Edward Island, Nova Scotia, New Brunswick, Environment, Fisheries]

  Fisheries and Oceans Canada (DFO) reported that the North Atlantic right whale population has stabilized at approximately 384 whales, including 70 breeding females, following a strong calving year that produced 23 calves. Officials emphasized that strict conservation measures—such as temporary 15-day fishing area closures spanning upwards of 2,000 square kilometres upon a whale detection in the Gulf of St. Lawrence—remain essential to protect the species from threats like gear entanglement. DFO continues to deploy acoustic technology and marine surveillance programs, noting that maintaining sustainable seafood certifications and preventing mortalities requires ongoing collaboration with fish harvesters.

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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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