LISTEN: Economic engagement, electricity strategy, and workforce development initiatives drive regional business discussions

The Atlantic Economic Panel launches comprehensive regional engagement to identify growth opportunities and policy priorities. Federal and provincial governments advance a national electricity strategy affecting grid infrastructure and energy planning across Atlantic Canada.

Maritime lobster fishermen celebrate significant price gains following China trade deal eliminating 25% tariffs, while American producers express concerns about market share losses. European investment accelerates Atlantic Canada's hydrogen export ambitions as TD Economics forecasts slower housing markets amid high interest rates and labour shortages.

Small businesses in Nova Scotia and New Brunswick report improved confidence for 2026 despite persistent demand challenges. French renewable energy company Q Energy France partners with NSCC to train workers for offshore wind sector, signaling readiness for large-scale projects. Regional developments include Sydney Harbour project negotiations ending in deadlock and Prince Edward Island potato producers confronting escalating irrigation challenges.

Highlights:

Atlantic Economic Panel begins regional engagement – Seven-member private sector panel conducts sessions across provinces through February to deliver growth recommendations to federal government by September.

National electricity strategy consultation launches – Ottawa seeks provincial input on grid infrastructure and renewable generation affecting regional energy planning and competitiveness.

Maritime lobster prices surge 20% after China deal – Tariff elimination provides significant relief to fishing communities while American fishermen express market share concerns.

Atlantic hydrogen exports gain European momentum – Major investment initiative strengthens confidence in region as future hydrogen supplier to Germany and EU markets.

New Brunswick lumber faces 45% US tariffs – Combined duties threaten sawmill viability and forest value chain supporting thousands of jobs with higher-than-average wages.

Canterra Minerals reports high-grade gold at Wilding – Drilling results boost exploration optimism and strengthen Newfoundland and Labrador's emerging gold jurisdiction profile.

"This report is based on publicly available reporting from regional, national, and industry news sources."

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