• $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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• 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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