February 24, 2026 — ATLANTIC CANADA BUSINESS NEWS REPORT

Описание: 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 emergency powers legislation — but Trump responded swiftly by signing a new global tariff under separate legislation, leaving duties on Atlantic Canadian lumber, steel, aluminum, and seafood firmly in place. New Brunswick announced up to $54 million in targeted support for seven companies navigating ongoing trade pressures, with Irving Paper receiving the largest share.

Housing demand intensified across the region, with Moncton ranking first and Halifax third in Canada for rental market demand, even as all four Atlantic provinces recorded quarterly population declines for the first time in years — raising serious concerns about long-term labour supply. Despite a projected record deficit, Prince Edward Island's economy remains among the strongest in the country, posting the highest average weekly earnings in Canada and leading provinces in manufacturing shipment growth.

Highlights:

Atlantic Canada leads rental demand — Moncton ranked first in Canada and Halifax third for rental market demand in Q4 2025, according to Rent Café data, as housing pressure intensifies across the region.

Nova Scotia continued advancing its offshore wind development strategy, with officials highlighting the province's regulatory preparedness and transmission infrastructure as competitive advantages in the North American market.

A New Brunswick trade delegation to Mexico opened new conversations about market diversification, with participants highlighting the scale of opportunity available south of the US border.

Prince Edward Island projected a record $367 million deficit while simultaneously leading all provinces in manufacturing shipment growth, posting the highest average weekly earnings in Canada, and forecasting 2.4% real GDP growth in 2025.

Newfoundland and Labrador led Canada in non-US export growth, driven by crude oil shipments redirected toward European markets.

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

Special Thanks to Our Sponsor: ALP Limited Valuation Services

Join our email list to never miss an episode: https://mailchi.mp/be8ab77675b4/atlan...

You can subscribe to our audio feeds by visiting our website: https://www.atlanticcanadabusiness.news

Send your press releases and business news tips to: [email protected]

Advertising enquiries can be made via email to: [email protected]

Visit us on LinkedIn:   / atlanticcanadabusiness-news  

#AtlanticCanada #BusinessNews #NovaScotiaBusiness #NewBrunswickBusiness #PEIBusiness #NewfoundlandBusiness #CanadianBusiness #AtlanticBusinessNewsPodcast