• $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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• 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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• 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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