Provincial Investment Advances Aquaculture Innovation in Harbour Breton

This article is new today!

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-30 13:00:21.0
Tags: [Newfoundland and Labrador, Economy, Industry, Technology, Fisheries]

The Provincial Government of Newfoundland and Labrador is providing $882,581 to 360 Marine Ltd. to support a 21-month research and development project based in Harbour Breton. The company is developing and validating a compact, vessel-based sea lice treatment system combining fish-pumping and treatment technologies for smaller, multi-use vessels. The project receives additional public and private investment totaling $3.55 million, including $750,000 from the Atlantic Canada Opportunities Agency and up to $144,876 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The initiative is expected to create four new full-time positions focused on research and testing activities.

Provincial Government Invests in Bluedrop ISM to Advance Workforce Development and Digital Credential Innovation

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-21 18:20:57.0
Tags: [Newfoundland and Labrador, Labour, Technology, Economy]

The Government of Newfoundland and Labrador is investing $475,000 through the Labour Market Partnerships program to support SkillsPass NL 2.0, a one-year demonstration project led by Bluedrop ISM. Funded via the Canada-Newfoundland and Labrador Labour Market Development Agreement, the project utilizes Bluedrop’s training delivery and credential management platform to expand access to online training, improve digital credentialing, and collaborate with employers, industry associations, regulators, and training institutions. Led by Bluedrop ISM Founder and CEO Emad Rizkalla and supported by Minister of Jobs, Growth and Rural Development Lin Paddock, the initiative aims to build a connected workforce talent pipeline and evaluate the impact of digital credentials on labour market outcomes across the province.

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.

Newfoundland and Labrador Showcases Defence-Ready Capabilities at DEFSEC Atlantic

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-09 15:20:19.0
Tags: [Newfoundland and Labrador, Defence, Economy, Industry, Technology, Energy]

Premier Tony Wakeham and Minister Lin Paddock represented the Government of Newfoundland and Labrador at the 2026 DEFSEC Atlantic exhibition in Halifax to promote the province's defence, aerospace, and security capabilities. The province emphasized strategic assets including 5 Wing Goose Bay, deepwater ports, critical minerals, and clean energy access via the new Churchill Falls agreement. Additionally, local firms Avalon Holographics and SmartICE were recognized at the 2026 Atlantic Canada Aerospace and Defence Association Industry Excellence Awards for innovation and workforce culture.

Canada, France pledge to work together on space infrastructure, economy

Source: CBC Politics
Date: 2026-09-20 14:40:36.0
Tags: [National, Newfoundland and Labrador, Trade, Infrastructure, Technology, Defence, Economy]

Prime Minister Mark Carney and French President Emmanuel Macron met in Saint-Pierre-et-Miquelon to pledge bilateral cooperation on shared space infrastructure, business growth, and economic development, directing their respective space agencies and defence ministries to develop common launch systems and ground reception facilities. The leaders also tasked the regional joint cooperation commission between Atlantic Canada and Saint-Pierre-et-Miquelon to expand work in economic growth, energy transition, and climate resilience. Furthermore, the French Chamber of Commerce and Industry and the Canadian Chamber of Commerce are finalizing an agreement to build shared value chains and deepen business ties amid broader Canadian efforts to forge a closer economic and political alliance with the European Union.

Provincial Government Invests $4 Million to Support Growth of Atlantic Spaceport Complex

Source: Newfoundland & Labrador - Government Releases
Date: 2026-08-27 13:30:22.0
Tags: [Newfoundland and Labrador, National, Economy, Industry, Technology, Defence]

The Government of Newfoundland and Labrador is investing $4 million consisting of a $1 million term loan and a $3 million forgivable loan into NordSpace Corporation to support the development of the Atlantic Spaceport Complex in St. Lawrence. The broader $10 million project also includes a $1 million contribution from the Government of Canada through the Atlantic Canada Opportunities Agency and a $5 million private investment from NordSpace Corporation. The provincial funding is tied to the creation of 100 new full-time permanent positions by 2033 to establish Canadian commercial space-launch capabilities.