• 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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• 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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• Time to end the time change? P.E.I.'s premier wants to hear your thoughts about it

  Source: Prince Edward Island - Regional News
  Date: 2026-09-28 09:00:00.0
  Tags: [Prince Edward Island, Nova Scotia, New Brunswick, Governance, Transportation]

  Prince Edward Island Premier Rob Lantz has initiated discussions with Nova Scotia and New Brunswick counterparts regarding the potential elimination of the biannual time change, conditioned on a unified tri-provincial approach across the Maritimes. The provincial government intends to survey residents to gauge public opinion following a decision by Canada's western provinces and territories to adopt permanent daylight time. Stakeholders, including the P.E.I. Teachers' Federation, have raised safety concerns regarding potential darker morning school bus pick-up times under permanent daylight time models.

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• Could a single Maritime power grid make electricity more reliable?

  Source: Prince Edward Island - Regional News
  Date: 2026-09-27 09:00:00.0
  Tags: [Prince Edward Island, Nova Scotia, New Brunswick, Energy, Infrastructure, Governance]

  The premiers of Prince Edward Island, Nova Scotia, and New Brunswick signed a non-binding memorandum of understanding in July to explore a regional road map for electricity transmission and the creation of a Maritime-wide Independent System Operator (ISO). The proposed non-profit entity would operate at arm's length from provincial governments and private utilities such as Nova Scotia Power, N.B. Power, and Maritime Electric to optimize cross-border resource sharing, renewable energy integration, and grid reliability by 2050. This regional cooperation follows Nova Scotia's establishment of its own provincial ISO last year and is supported by federal funding initiatives aimed at constructing new underwater transmission cables between Prince Edward Island and New Brunswick.

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• 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.

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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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• 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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