Atlantic Canada Business News

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Saint John-based Cooke Incorporated is acquiring Mowi Canada East’s Atlantic salmon farming assets for $225 million, a deal spanning New Brunswick, Prince Edward Island, and Newfoundland and Labrador. Atlantic Canadian universities are racing to expand artificial intelligence programming, with new degrees and certificate...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Social Services ministers meet in Charlottetown on affordability and labour shortages, Statistics Canada reports inflation running well above the national rate across all four provinces. Marine Atlantic’s essential-service dispute escalates after Unifor sought a board review, while Ottawa commits $270 million to...

LISTEN: "This week on the Atlantic Canada Business Report with Peter McCully - the federal government backs an Atlantic ocean technology trade mission to Scotland, SOFIAC partners with Atlantic Baptist Housing on a major energy retrofit across three provinces, and a new Leger survey shows Atlantic Canadians lag the national average on AI-assisted shopping. Halifax Stanfield is on pace for a record...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - business loan delinquencies are climbing sharply across Atlantic Canada with Prince Edward Island and Nova Scotia among the hardest hit; Irving Shipbuilding lays the keel for Canada’s first River-class destroyer in Halifax; the northern cod quota jumps 55%; a new federal fund opens for communities and Indigenous organiza...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Canada’s economy adds eighty-eight thousand jobs in May. A new joint venture reshapes egg grading across Atlantic Canada. Nova Scotia records its strongest physician recruitment gain in years. Prince Edward Island’s oyster industry faces a disease crisis. And Newfoundland and Labrador launches a major new offshore explor...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Canada’s technology sector gains a new pathway into the American market. Halifax residential real estate hits an all-time high. A proposed NB Power policy change threatens to stall the province’s solar growth. Holland College receives the largest donation in its history. And North Atlantic’s wind-to-hydrogen pro...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Canada’s technology sector gains a new pathway into the American market. Halifax residential real estate hits an all-time high. A proposed NB Power policy change threatens to stall the province’s solar growth. Holland College receives the largest donation in its history. And North Atlantic’s wind-to-hydrogen pro...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Atlantic Canada's offshore wind sector is drawing growing international interest as supply chain planning accelerates across the region. All four Atlantic provinces recorded April inflation above the national average. A Business Development Bank survey found off-season travel intent in Atlantic Canada tracking ahead of t...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - the Council of Canadian Innovators says Atlantic Canada’s tech sector is globally competitive but faces real barriers at home. The Cat ferry between Yarmouth and Bar Harbor is off to a record-breaking start. New Brunswick moves to unlock its mineral resources. Prince Edward Island lands the largest aerospace investment i...

LISTEN: This week on the Atlantic Canada Business Report with Peter McCully - Michelin commits $300 million to its Nova Scotia operations. Atlantic Canada airports are tracking strong summer bookings. A new Fraser Institute study flags the return of a troubling demographic trend. New Brunswick adjusts its small business investment tax credit and Airbnb reports $145 million in economic impact from...

LISTEN: Offshore energy investment heats up across the region, Nova Scotia restructures its immigration nominee program, New Brunswick strikes a tourism deal with the Toronto Blue Jays, and Newfoundland and Labrador’s new government tables its first full budget. This week on the Atlantic Canada Business Report, host Peter McCully covers major offshore energy activity in Nova Scotia and Newfoundlan...

LISTEN: Federal investment flows to Atlantic Canada’s cruise and food sectors, Prince Edward Island’s Auditor General warns of an unsustainable deficit, and Newfoundland and Labrador moves to restructure its Future Fund. This week on the Atlantic Canada Business Report, host Peter McCully covers federal investment in the cruise and food industries, a major wind energy approval in Nova Scotia, New...

LISTEN: A new regional construction alliance forms across Atlantic Canada, PEI tables its largest deficit in provincial history, Maritime lobster markets recover after China’s tariff reversal, and a snow crab pricing deal ends a two-week standoff in Newfoundland and Labrador. This week on the Atlantic Canada Business Report, host Peter McCully covers regional labour markets, a new construction ind...

LISTEN: A new report projects Atlantic Canada will need 441,000 workers over the next decade, grocery prices climb sharply across the Maritimes, and two Atlantic provinces prepare to table their provincial budgets This week on the Atlantic Canada Business Report, host Peter McCully covers workforce projections, cost-of-living pressures, legislative milestones, and fiscal developments across all fo...

LISTEN: All four Atlantic provinces raise minimum wages on April 1st, New Brunswick Power's independent review delivers 50 recommendations for reform, and federal immigration cuts hit Atlantic Canada harder than anywhere else in the country This week on the Atlantic Canada Business Report, host Peter McCully covers a broad range of economic, regulatory, and workforce developments across all four A...

LISTEN: More than $3 billion in new defence spending lands across the Maritimes, New Brunswick targets antimony as a critical mineral opportunity, and Newfoundland and Labrador secures a landmark offshore oil agreement This week on the Atlantic Canada Business Report, host Peter McCully covers a wide range of economic, infrastructure, energy, and investment developments across all four Atlantic pr...

LISTEN: New Brunswick tables its largest-ever deficit budget, Nova Scotia lands a $200 million federal spaceport commitment, and Atlantic Canadian businesses warn of a cost breaking point This week on the Atlantic Canada Business Report, host Peter McCully covers a wide range of economic, regulatory, and business developments across the region's four provinces. More than half of Atlantic Canadian...

LISTEN: Kraken Robotics announces a $615 million acquisition, PEI sets new tourism record, and NB Power customers face a decade of rising electricity rates This week on the Atlantic Canada Business Report, host Peter McCully covers a wide range of economic, regulatory, and business developments across the region's four provinces. The Atlantic Chamber of Commerce is urging premiers to eliminate bar...

LISTEN: Minimum wages rise across all four provinces April 1st, EverWind Fuels secures $240 million for Atlantic Canada's largest onshore wind project and Fuel prices surge after strikes on Iran This week on the Atlantic Canada Business Report, host Peter McCully covers a week of economic disruption and energy opportunity across the region. Fuel prices jumped sharply following joint US-Israeli mil...

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LISTEN: Atlantic Canadian startups attract $348 million in venture capital, Nova Scotia's budget delivers small business tax relief, and all four provinces respond to Canada's first Defence Industrial Strategy This week on the Atlantic Canada Business Report, host Peter McCully covers a week defined by budget decisions, defence industry opportunity, and clean energy innovation across all four Atla...

LISTEN: Trump rewrites tariff rules while New Brunswick rolls out $54 million in business support, and all four Atlantic provinces post population declines This week on the Atlantic Canada Business Report, host Peter McCully breaks down one of the most consequential weeks in recent Canadian trade history. The US Supreme Court ruled that President Trump exceeded his authority imposing tariffs under...

LISTEN: Atlantic Canada's food service sector shows resilience while defence innovation accelerates and major energy projects advance across the region Atlantic Canada's food service industry reported 0.6% real per capita sales growth, driven by the GST/HST holiday and increased domestic tourism, though operators face mounting labour costs and immigration policy uncertainty. Federal support contin...

LISTEN: Federal housing strategy accelerates while Nova Scotia launches groundbreaking 2% down payment program for first-time buyers Ottawa has introduced legislation transforming Build Canada Homes into a Crown Corporation focused on affordable housing delivery, with direct build projects advancing in Dartmouth and other Atlantic Canadian cities. Nova Scotia launched a first-time home buyer progr...

LISTEN: Nova Scotia leads Canada in clean energy deals while internal trade barriers cost national economy $210 billion Canada's Premiers and Prime Minister renewed commitments to dismantle interprovincial trade barriers costing the economy nearly $210 billion annually, with Atlantic provinces positioned for significant gains. Nova Scotia overtook Alberta as Canada's most active market for corpora...