• 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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  • Newfoundland and Labrador Supports Accelerated Action to Strengthen Internal Trade Across Canada

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-08-28 14:50:15.0
    Tags: [National, Newfoundland and Labrador, Trade, Labour, Economy, Agriculture]

    Federal, provincial, and territorial ministers meeting in Iqaluit, Nunavut, agreed to accelerate efforts to reach an agreement in principle by fall 2026 on model mutual recognition legislation to create a common Canadian market and support labour mobility. Ministers ratified amendments to the Canadian Free Trade Agreement establishing a 30-day service standard for labour mobility applications and committed to expanding the Canadian Mutual Recognition Agreement to services by December 2026. Additionally, the Canadian Food Inspection Agency introduced concierge services and targeted exemptions under the Safe Food for Canadians Regulations to allow provincial red meat slaughter facilities to trade low volumes interprovincially. Nine premiers also signed an operating agreement in July 2026 regarding direct-to-consumer sales of alcoholic beverages.

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