Commonwealth secretary-general pitches group as 'alternative' to U.S. trade

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Source: CBC Politics
Date: 2026-11-02 09:00:00.0
Tags: [National, Trade, Economy, Industry, Resources, Mining]

Prime Minister Mark Carney is attending the biennial Commonwealth Heads of Government Meeting in Antigua and Barbuda to promote closer economic cooperation and middle-power trade partnerships as an alternative to U.S. markets. Commonwealth Secretary-General Shirley Botchwey announced a goal to double intra-Commonwealth trade from $900 billion to $2 trillion. Canada currently conducts approximately $100 billion in annual trade with Commonwealth partners, which include 56 member states representing a market of 2.7 billion people.

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.

N.W.T. industry minister makes case for new federal mining incentives

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-15 10:00:00.0
Tags: [National, Mining, Resources, Taxation, Industry, Economy]

Northwest Territories Minister of Industry, Tourism and Investment Caitlin Cleveland lobbied the federal government in Ottawa to enact two new mining incentives: a 15 per cent stackable North of 60 Mineral Exploration Tax Credit for the three northern territories, and the inclusion of zinc as an eligible mineral under the 30 per cent clean technology manufacturing investment tax credit. Cleveland and N.W.T. and Nunavut Chamber of Mines CEO Paul Hébert argued these credits are essential to counter stiff global competition and revive northern mining activity amid closing diamond mines. Proponents of the PC Silver and Pine Point mines indicated that adding zinc to the clean technology tax credit would unlock projects capable of generating 1,000 construction jobs and 600 operational positions.

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.

N.W.T. is 1st to contribute drill cores for national library of mineral data

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-08 11:00:00.0
Tags: [National, Resources, Mining, Technology, Industry]

The Northwest Territories has become the first Canadian jurisdiction to contribute drill core samples to the new Canadian Digital Core Library, a federally backed initiative supported by $40 million in funding from Natural Resources Canada. Developed by the Creative Destruction Lab in partnership with provinces, territories, and industry, the platform aims to make geological data freely available online for high-resolution scanning and artificial intelligence analysis. Donations from mining companies Valor Gold and Rackla Metals, alongside coordination by Industry Minister Caitlin Cleveland and the Northwest Territories Geological Survey, enabled the territory to pioneer the project, with at least 250,000 metres of scanned drill core slated for upload by March 2028.

Mountain Province Diamonds announces exit from N.W.T.'s Gahcho Kué mine

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-01 20:24:25.0
Tags: [National, Mining, Resources, Economy, Industry]

Toronto-based Mountain Province Diamonds announced it is relinquishing its 49 per cent ownership share in the Gahcho Kué diamond mine in the Northwest Territories, transferring full control to De Beers Canada. The restructuring agreement releases Mountain Province from all financial obligations and liabilities related to the mine while retaining an option to regain a future ownership stake. The exit follows a material decline in global diamond prices driven by tariff-related uncertainty and Middle East conflicts, which led Mountain Province to voluntarily delist from the Toronto Stock Exchange. Gahcho Kué remains the Northwest Territories' last operating diamond mine following the earlier closures of Rio Tinto's Diavik mine and the Ekati mine, with a planned closure timeline set for 2028.