Advertise on podcast: Atlantic Canada Business News

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - ACOA opens a call for AI adoption proposals, the Atlantic Fisheries Fund is renewed for five years, pump prices fall and international enrolment at Atlantic universities drops sharply. In Nova Scotia, a Dartmouth robotic vending firm scores at major U.S. stadiums, a rural startup wins in Italy, Eskasoni First Nation launches a seawater fuel venture, Everwind unveils a $10 billion data centre plan and the Yarmouth ferry is extended through 2027. In New Brunswick, Ottawa backs a digital forestry centre and the province introduces a local rate stabilizer. On P.E.I., a trailer maker pivots west, craft producers feel fuel costs and farmers worry about fertilizer. And in Newfoundland and Labrador, oil revenue climbs, Netflix's Below sets a record, employers seek more immigration and young nurses are leaving. Highlights: Atlantic Canada Ottawa and the four Atlantic provinces have renewed the Atlantic Fisheries Fund for five years with about $300 million, adding support for seafood branding and market research to help the sector weather U.S. tariffs. Nova Scotia Everwind has unveiled more than $10 billion in private investment centred on a Point Tupper data centre campus, with Anthropic holding a long-term lease. It projects about 2,000 construction jobs and 215 permanent positions. New Brunswick Ottawa is offering up to $50 million toward a New Brunswick digital forestry centre using AI-assisted tools to manage the province's wood supply. Centralized truck dispatch alone could save $25 million a year. Prince Edward Island P.E.I. trailer manufacturer Trout River Industries, which has absorbed nearly $1 million in tariff costs, is shifting its focus to Canadian customers, targeting Western Canada's wood chip and fuel industries with a new trailer design. Newfoundland and Labrador Netflix thriller Below, filmed in Newfoundland, set a record audience for a Canadian title with 70 million views in its first days. The province's film sector is weighing the benefits for future productions and tourism. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - unemployment rises in three of the four Atlantic provinces, hospitality workers across the region report shrinking tips, and Moncton gets ready to host the first Small Biz Riot conference. In Nova Scotia, Emera agrees to merge with Calgary's Canadian Utilities, and four credit unions vote to combine as East Coast Credit Union. In New Brunswick, NB Power seeks three years of rate increases and the province opens a survey on natural gas development. On Prince Edward Island, a long-term care contract expands Charlottetown's Whisperwood Nursing Home and fall lobster prices hold firm. And in Newfoundland and Labrador, Shell buys into the Bay du Nord project, Suncor sells its offshore stakes, and NordSpace gets a satellite into orbit. Highlights: Atlantic Canada Unemployment rose in September in three of the four Atlantic provinces. Newfoundland and Labrador posted Canada's highest jobless rate at 9.1 percent, while Prince Edward Island bucked the trend as its rate fell to 7.3 percent. Nova Scotia Halifax-based Emera has agreed to merge with Calgary's Canadian Utilities in a deal valued at about $14.3 billion. The combined utility would keep the Emera name and Halifax headquarters, serving some six million customers. New Brunswick Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Prince Edward Island Enhanced Living has won a contract to expand Charlottetown's Whisperwood Nursing Home with 82 new long-term care beds. The 30-year deal includes $3.5 million a year in provincial construction support. Newfoundland and Labrador Shell has agreed to buy a 30 percent stake in the Bay du Nord offshore oil project, with Equinor remaining operator. First oil is targeted for 2031, with a final investment decision expected next year. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Newfoundland and Labrador sides with Ottawa against France's snow crab plan, minimum wages rise in Prince Edward Island and Nova Scotia, workers rally in Halifax against proposed federal strike rules, and Moncton prepares for the Small Biz Riot Conference. Nova Scotia rents lead the country, Halifax Water seeks rate increases, SailGP delivers a boost for Halifax, and two Nova Scotia businesses get innovation and digital support. We also look at NB Power's growing deferred costs, a supply snag for Campobello Island and a pause at the Nackawic pulp mill. Plus, federal tariff relief for 17 Island businesses, a renewed P.E.I. drug affordability program, a women-led trades enterprise in St. John's, data centre talk tied to Churchill Falls power, the reopening of Stephenville Airport and a new tool measuring Bay du Nord's climate impact. Highlights: Atlantic Canada Minimum wage workers in two Maritime provinces received raises October 1. Prince Edward Island's rate rose 30 cents to $17.30 an hour, while Nova Scotia's rose 25 cents to $17 an hour. Nova Scotia Nova Scotia now has the highest average asking rents in Canada. Apartment and condo rents averaged $2,356 in August, up 3.1 per cent from a year earlier, while national rents fell 4.8 per cent. New Brunswick Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Prince Edward Island Ottawa is investing $6.9 million to help 17 Prince Edward Island businesses and organizations respond to U.S. tariffs, including more than $260,000 for the PEI Bag Company's new manufacturing equipment and digital technologies. Newfoundland and Labrador Newfoundland and Labrador is siding with Ottawa in opposing France's plan for an exploratory snow crab fishery on Canada's extended continental shelf, saying the area falls outside French authority. Federal departments are weighing next steps. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - an independent panel urges the four Atlantic provinces to operate as a single economy, small businesses push back on highway tolls, and new reports track school spending and worker financial stress. We also check liquor and cannabis sales, fuel prices and a Moncton small business conference. In Nova Scotia, the electric vehicle levy takes effect, Halifax hosts a busy cruise season, a data centre is explored at Point Tupper and a gypsum quarry ships its first load. In New Brunswick, potash drilling begins near Sussex, the province funds the 2029 Canada Summer Games and weighs limits on American hunting licences. Prince Edward Island reviews a private physician service and opens its Community Food Fund, while Newfoundland and Labrador readies highway tenders, seeks input on population growth, hosts Nordic ambassadors and celebrates a record screen industry run. Highlights: Atlantic Canada An independent panel of Atlantic business leaders is urging the four provinces to operate as a single economy, recommending integrated power grids, fewer trade barriers and a $1 billion Atlantic Canada Prosperity Fund. Nova Scotia Nova Scotia's levy on electric and plug-in hybrid vehicles takes effect October 1 - $500 for fully electric vehicles and $250 for plug-in hybrids, collected every two years at permit renewal. New Brunswick Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Prince Edward Island Prince Edward Island is reviewing a private fee-for-service company offering visitors same-day physician appointments, including house calls to cottages and hotels. The province has directed its health department to find a way to stop it. Newfoundland and Labrador Newfoundland and Labrador's screen industry is on a record run, with production spending topping $150 million in 2025 and on track to go higher this year. The industry now supports about 800 jobs. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

David Barnett from our sponsor ALP Ltd. Valuation Services interviews OMISTA Credit Union commercial manager Liz O about what business owners should expect at this year's SmallBizRIOT. October 22 in Moncton, NB. Get your ticket at https://www.SmallBizRIOT.com

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - fuel prices climb across the region, the Canada Investment Summit generates nearly $500 billion in commitments, and commercial property taxes and inflation weigh on Atlantic businesses. Housing completions jump, Moncton readies the Small Biz Riot conference, and Nova Scotia unveils new battery storage, a stadium pitch, a gold mine start and a housing strategy that beats its targets. In New Brunswick, a Fredericton food rescue centre opens, the Nackawic pulp mill idles, apprenticeship tuition is eliminated, a youth manufacturing program launches, Beladune moves toward wood pellets, and a Saint John data centre draws scrutiny. Prince Edward Island launches a tradespeople registry and reviews its Regulatory and Appeals Commission, while Newfoundland and Labrador sees new Lockheed Martin investment and a Churchill River rebate. Highlights: Atlantic Canada Atlantic Canadians are paying more at the pump after sharp fuel price increases led by diesel, with New Brunswick's regulated maximum reaching $2.88 a litre and Newfoundland and Labrador gasoline setting a record above $2.20. Nova Scotia Nova Scotia's five-year, $1.7 billion Our Homes strategy has surpassed its key objectives three years in, enabling nearly 80,000 new housing units since April 2023, almost double the original target of 41,000. New Brunswick Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Prince Edward Island Prince Edward Island has launched an online registry where employers, contractors and homeowners can verify tradespeople holding a provincial Certificate of Qualification or Red Seal Endorsement, searching by name or certification number for immediate results. Newfoundland and Labrador Newfoundland and Labrador will introduce a Churchill River electricity rebate, giving residential customers a 15 percent discount on the first 2,000 kilowatt hours used monthly, for typical savings of about $350 a year. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada's first-ever national investment summit opens in Toronto aiming to catalyze one trillion dollars in investment, with New Brunswick pitching more than thirty billion dollars in major projects. Moncton hosts the inaugural OMISTA Small Biz Riot conference, and Nova Scotia opens its new SNS Studios production facility, moves to overhaul how Nova Scotia Power is regulated, and broadens its search for new electricity generation. New Brunswick rolls out new supports for businesses facing US tariffs, food and beverage producers brace for an American import ban, Salisbury loses its only bank branch, and apprenticeship fees are eliminated province-wide. Prince Edward Island's lobster season reaches its midpoint and its minimum wage review opens for input, while Newfoundland and Labrador posts Canada's strongest growth forecast as skilled trades training expands and the Churchill Falls agreement advances. Highlights: Atlantic Canada Business owners and entrepreneurs from across Atlantic Canada gather in Moncton on October 22 for the inaugural OMISTA Small Biz Riot conference, trading theory-driven presentations for candid stories on real business setbacks and how owners worked through them. www.smallbizriot.com Nova Scotia Nova Scotia has introduced legislation moving Nova Scotia Power to a performance-based regulatory model, tying the utility's revenue, earnings and penalties to measurable results on reliability, emissions and customer service quality. New Brunswick New Brunswick is rolling out new supports for local businesses as US tariffs escalate, prioritizing New Brunswick and Canadian suppliers, barring American goods from large provincial contracts, and offering working capital loans and new market funding. Prince Edward Island Fishers in lobster fishing area 25 have reached the midway point of Prince Edward Island's fall season with generally improved landings over last year, prices running nine to ten dollars a pound depending on the buyer. Newfoundland and Labrador A new report from Signal 49 Research, formerly the Conference Board of Canada, forecasts Newfoundland and Labrador's economy will grow 3.7 percent in 2026, leading all provinces for a second straight year. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - ACOA unveils a refreshed overview of more than $335 million in regional project funding and sends a 28-company delegation to Germany's SMM Hamburg shipbuilding show, FINTRAC fines gaming Crown corporations in Nova Scotia and New Brunswick, RBC backs a new community solar program featuring Holland College, and Nova Scotia extends its capital investment tax credit for five more years. New Brunswick sees Butterfield Support Services expand into Moncton and Irving Oil's CEO step down, while a Fredericton First Nation proposes a casino resort and the province consults on data centre rules. Prince Edward Island sees a land donation for affordable housing and federal funding for pork disease surveillance. Newfoundland and Labrador reports a busier tourism season, rising employment, and North Atlantic's refinery acquisition in France. Highlights: Atlantic Canada The Atlantic Canada Opportunities Agency has launched a refreshed public overview showing more than $335 million invested across 1,852 projects. ACOA also sent 28 ocean technology companies to Germany's SMM Hamburg shipbuilding show. Nova Scotia FINTRAC has fined gaming Crown corporations roughly $400,000 and $232,000 for failing to file required money laundering reports. Nova Scotia has also extended its capital investment tax credit for another five years. New Brunswick Butterfield Support Services is opening a second Canadian location in Moncton, expected to create up to 50 jobs. Irving Oil's chief executive, Jeff Matthews, is stepping down this November after less than two years. Prince Edward Island Provincial Credit Union has donated about two acres of land in Alberton to Habitat for Humanity PEI for future affordable housing. Ottawa is providing over $3 million for a swine disease surveillance project in Charlottetown. Newfoundland and Labrador Tourism operators are reporting a busier season as more Canadians vacation at home, while employment reached just over 256,000 in August. North Atlantic has also acquired ExxonMobil's stake in a major refinery in France. Special Thanks to Our Sponsor: Iron Horse Pro - https://www.ironhousepro.com/ Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Ottawa unveils a $7.5-billion tariff response package as premiers renew calls to buy local, Nova Scotia orders demolition of the former Northern Pulp mill site, and New Brunswick lands a two-billion-dollar NATO explosives plant near Belledune plus a new Tantramar gas plant. Plus, the U.S. tightens potato import rules for P.E.I., Newfoundland and Labrador forms Team Labrador to secure benefits from the Churchill River energy deal, and the province lands a $4-million spaceport investment in St. Lawrence. Marine Atlantic takes delivery of its newest ferry, and New Brunswick’s deficit grows to $1.66 billion. Highlights: Atlantic Canada Ottawa unveiled a $7.5-billion package of tariff countermeasures and business supports, including $1.5 billion for small and medium-sized businesses, after trade talks with the United States broke down and premiers renewed calls for residents to buy Canadian-made goods. Nova Scotia Nova Scotia’s Environment Minister has authorized demolition of the former Northern Pulp mill site in Pictou County, backed by $15 million from the sale of its former timberlands. The mill has sat idle since 2020. New Brunswick A New Brunswick company has selected a Belledune site for a new explosives plant that could double NATO’s output, with a total value reaching two billion dollars. Phase one construction targets late 2027, employing about 250 workers. Prince Edward Island The U.S. has tightened import rules for P.E.I. potatoes effective October 5, requiring enhanced labelling and waste-management conditions for bulk shipments. Island cull potatoes are now barred entirely from use as animal feed, following an April potato wart detection. Newfoundland and Labrador Newfoundland and Labrador's aquaculture sector generated $453 million in farmgate value in 2025, according to new government statistics released by the Newfoundland and Labrador Aquaculture Industry Association. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada-U.S. trade talks collapsed, triggering a 50 per cent tariff on roughly $28 billion in Canadian goods and leaving New Brunswick's forestry sector exposed to steep softwood lumber duties; national business and labour groups offered sharply different reactions. The federal Atlantic Economic Panel is preparing its September report, as new Statistics Canada data show Nova Scotia and New Brunswick posting some of the country's steepest July inflation increases. Halifax held onto second place among North America's emerging tech talent markets, Glooscap First Nation opened a new retail market in Lockhartville, and Cape Breton council voted to restart Sydport development talks. New Brunswick rolled out fresh environmental trust fund grants, P.E.I. introduced new temporary foreign worker rules, and Newfoundland and Labrador's $49-billion Churchill River energy deal advanced with the creation of Team Labrador. Highlights: Atlantic Canada Canada-U.S. trade talks collapsed after Washington introduced new demands, triggering a 50 per cent tariff on about $28 billion in Canadian goods. New Brunswick's forestry sector remains exposed to steep softwood lumber duties, and business and labour groups reacted sharply. Nova Scotia Halifax held second place among North America's emerging tech talent markets for a second straight year, as Glooscap First Nation opened a new retail market in Lockhartville and Cape Breton council voted to restart Sydport development talks. New Brunswick New Brunswick's Environmental Trust Fund is distributing $2.2 million among 45 projects across the province's central and western regions, part of a broader $7.9-million investment supporting 173 initiatives provincewide this year. Prince Edward Island Prince Edward Island released draft rules requiring employers to register when hiring temporary foreign workers, and declined a federal offer to temporarily raise the low-wage worker cap for rural employers. Newfoundland and Labrador Newfoundland and Labrador's Churchill River energy deal, valued at $49 billion, advanced with the creation of Team Labrador, a group of legislators tasked with ensuring the region benefits as Gull Island construction moves forward. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy#AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - a new Oxford Economics report warns Canada could lose more than 100,000 jobs if CUSMA breaks down, as 50% US tariffs on Canadian goods take effect August 19th, while small business confidence falls nationally for a third straight year. Ottawa's new $40,000 Oyster Licence Retirement Grant Program targets wild oyster harvesters in PEI, Nova Scotia, and New Brunswick. In Nova Scotia, Amazon is building a $200-million distribution centre in Dartmouth, and the province is opening the Bay of Fundy to small-scale tidal power projects. New Brunswick lands $9.9 million to fast-track internationally trained professionals into the workforce. Prince Edward Island's AKA Energy Systems stays in the running on Canada's submarine program, and Newfoundland and Labrador, Quebec, and Ottawa prepare a new Churchill Falls agreement expected to revive the Atlantic Loop Project. Highlights: Atlantic Canada Ottawa's new Oyster Licence Retirement Grant Program offers eligible wild oyster harvesters in Prince Edward Island, Nova Scotia, and New Brunswick $40,000 each to permanently retire their licences. Applications open in September. Nova Scotia Amazon is building a $200-million, 1.2-million-square-foot distribution centre in Dartmouth's Burnside Industrial Park, its second Nova Scotia facility. The two-storey building sits on 82 acres and could shorten delivery times. New Brunswick New Brunswick received just over $9.9 million in federal funding through the Foreign Credential Recognition Program to help internationally trained professionals enter the workforce faster, including wage subsidies for 100 nurses and new teacher bridging programs. Prince Edward Island Montague, PEI propulsion manufacturer AKA Energy Systems remains in talks over Canada's submarine procurement program after German firm thyssenkrupp Marine Systems was named preferred bidder, while keeping its Hanwha Ocean partnership. Newfoundland and Labrador Newfoundland and Labrador, Quebec, and Ottawa are preparing a new Churchill Falls agreement, expected to boost Labrador hydroelectric capacity and help revive the Atlantic Loop Project connecting Atlantic provinces to Quebec's grid, aided by federal financial incentives. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

Get your tickets at https://www.SmallBizRIOT.com *** Thank you to our sponsors- Business banking that goes further https://www.omista.com/bus-home Small business and equipment valuation specialists ALP Ltd. Valuation Services. https://www.BusinessAndAssetValues.com Helping business owners overcome daily operational challenges with simple, effective tools to drive success. https://unison.works/

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Statistics Canada's July Labour Force Survey showed mixed results across Atlantic Canada, with Nova Scotia and New Brunswick holding steady while Prince Edward Island and Newfoundland and Labrador slipped, as national unemployment fell to a two-year low. In Nova Scotia, the federal government is putting more than $1.2 million into two Dartmouth manufacturers expected to create 50 to 60 skilled jobs. New Brunswick's Breathe Biomedical is testing a breath-based screening technology that could one day supplement mammography for breast cancer detection. Prince Edward Island has partnered with a private clinic to cut MRI wait times for islanders, and in Newfoundland and Labrador, Conservative leader Pierre Poilievre pressed Ottawa to include the province in its national shipbuilding strategy. Highlights: Atlantic Canada Statistics Canada's July Labour Force Survey showed mixed results across Atlantic Canada. Nova Scotia and New Brunswick held steady, while Prince Edward Island and Newfoundland and Labrador saw declines. National unemployment fell to a two-year low of 6.4 per cent. Nova Scotia The federal government is investing more than $1.2 million in two Dartmouth manufacturers through ACOA's innovation program. Site 2020 and Atlantica Mechanical Contractors will expand production and modernize facilities, creating an estimated 50 to 60 skilled jobs. New Brunswick Moncton-based Breathe Biomedical is testing a non-invasive breath analysis that could eventually supplement mammography in breast cancer screening. The system detects cancer-linked compounds at 88 per cent accuracy, with a study site now open at Horizon Health Network. Prince Edward Island Prince Edward Island has partnered with Building for Vision Limited to reduce MRI wait times. The province will cover scan costs for islanders referred to the Summerside Diagnostic Imaging Centre, the island's first private MRI facility. Newfoundland and Labrador Conservative leader Pierre Poilievre visited St. John's, calling for Newfoundland and Labrador's inclusion in Ottawa's national shipbuilding strategy. He pointed to Bull Arm, Cow Head, and Argentia as potential sites for future work. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Ottawa is reviewing ownership rules for Atlantic Canada's $3-billion inshore fishery and gathering input for a national Rural Development Action Plan. Nova Scotia is forecast to lead most provinces in growth this year as the Halifax Regional Food Hub opens in Dartmouth. New Brunswick sees new ownership at the Caribou Mine and a federally backed retooling of Saint John's Ocean Steel, while copper wire theft targeting Bell surges province-wide. Prince Edward Island lands $50 million for Natural Products Canada and plans a new Summerside cold storage facility, while asking Islanders how to modernize alcohol rules. In Newfoundland and Labrador, craft brewers gain direct-to-consumer shipping rights as a $14-billion wind-to-ammonia project awaits provincial review.   Highlights:  Atlantic Canada Ottawa is reviewing inshore fishery ownership rules across Atlantic Canada and Quebec's $3-billion sector, with consultations set for all four provinces this summer. A federal Rural Development Action Plan drew 2,841 participants and 14 community roundtables nationwide. Nova Scotia Nova Scotia is forecast to outgrow most provinces in 2026, with TD Bank projecting 1.2 percent GDP growth, trailing only Newfoundland and Alberta. The Halifax Regional Food Hub launched in Dartmouth, linking local food producers with wholesale buyers. New Brunswick Canadian Copper Incorporated completed its $6.2-million purchase of the Caribou Mine and Mill near Bathurst, expected to employ up to 120 people over 14 years. Ottawa is investing $750,000 to help Saint John's Ocean Steel retool after losing US business. Prince Edward Island Ottawa is providing $50 million to Charlottetown's Natural Products Canada, backing a $94.8-million project expected to add over 550 jobs and $1.8 billion to the economy. A new cold storage facility is planned for Summerside's port this fall. Newfoundland and Labrador Newfoundland and Labrador's craft brewers can now ship directly to customers nationwide under a new interprovincial trade deal. Exploits Valley Renewable Energy is seeking approval for a $14-billion wind-to-ammonia project using 534 turbines, needing 3,000 workers annually.   Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada's premiers wrapped their summer meeting in Charlottetown, meeting with Prime Minister Mark Carney on trade, energy, and Canada-US relations, while a fresh US tariff threatens New Brunswick and Nova Scotia's forest sector. All four Atlantic provinces signed a new deal allowing direct-to-consumer alcohol sales, and New Brunswick, Nova Scotia, and Prince Edward Island agreed to coordinate regional electricity planning. Empire Company says it will stop enforcing property controls that block rival grocers near Sobeys stores, Irving Oil confirmed a fall turnaround at its Saint John refinery, and Newfoundland and Labrador posted rising retail sales alongside forecasts it could lead the country in economic growth next year. Highlights: Atlantic Canada Provincial and territorial premiers wrapped their Charlottetown summer meeting, discussing trade and energy with Prime Minister Mark Carney. All four Atlantic provinces signed a new deal allowing direct-to-consumer alcohol sales, cutting internal trade barriers. Nova Scotia Nova Scotia Premier Tim Houston met with Ridgehaven Holdings on its proposed stadium and entertainment district outside Halifax; no funding commitment followed. Separately, BuildForce Canada forecasts non-residential construction climbing through 2030 on the strength of the Everwind Hydrogen project. New Brunswick A fresh US tariff order threatens New Brunswick's forest sector, with Washington planning a 50% duty on wood products including plywood and fiberboard. Premier Susan Holt noted New Brunswick was first in Canada to allow direct-to-consumer alcohol sales. Prince Edward Island Prince Edward Island brewers welcomed the new inter-provincial alcohol sales deal but say shipping costs and small production scale will limit real revenue gains. PEI, Nova Scotia, and New Brunswick also signed a memorandum to coordinate regional electricity planning. Newfoundland and Labrador Newfoundland and Labrador's retail sales rose 2.8% in May while inflation hit 3.8% in June. Finance Minister Craig Pardy will pitch the province at a Toronto investor summit, as forecasts suggest it could lead all provinces in 2026 growth. Special Thanks to Our Sponsor: ALP Limited Valuation Services https://www.businessandassetvalues.com Subscribe to our email list: https://atlanticcanadabusiness.news Visit our website: https://atlanticcanadabusiness.news Connect on LinkedIn: https://www.linkedin.com/company/atlantic-canada-business-report Visit us on YouTube: https://www.youtube.com/@AtlanticCanBiz #AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #RegionalEconomy #AtlanticBusinessNewsPodcast