FREDERICTON–Fredericton’s Atlantic Hydrogen (AHI) has closed. The company, led by former Fundy Cable boss Bill Stanley, was developing a process that attempted to remove hydrogen and carbon from natural gas while emitting minimal greenhouse gases. Halifax-based energy giant Emera was Atlantic Hydrogen’s largest investor, having pumped $10 million into the company since 2009 and holding a […]
MONCTON–On September 22 Atlantic Canada’s startup accelerator Propel ICT will host Demo Day, an event that showcases its top startups to an audience of potential investors, partners and customers. It’s being held at the Capital Theatre in Moncton. Though Demo Day presentations are relatively short – the twelve companies presenting this year will have three […]
HALIFAX–The pending Canada-EU trade agreements can be good news for Atlantic manufacturers– If they know what they’re doing. The Comprehensive Economic and Trade Agreement would improve access to the largest market in the world. But a new report by the Atlantic Provinces Economic Council (APEC) says if Atlantic exporters want to break-in to the EU’s […]
The new Moncton Downtown Centre is a big project. Let’s put it in context by looking at some projects in the Maritimes. [mks_highlight color=”#fce40c”]Moncton Downtown Centre[/mks_highlight] $104.2 Million A mixed-use facility in the heart of downtown Moncton, including an arena, retail spaces, meeting space, an outdoor ice rink 5 acres 9000 seats for sporting […]
HALIFAX–RCMP are searching for the thieves seen in this video stealing a donation box from Mom’s Country Market on Cole Harbour Road. The store was raising money for CIBC Run for the Cure, which supports the Canadian Breast Cancer Foundation. The video, from the store’s Facebook page, has been seen over 144,000 times and shared […]
Premier Stephen McNeil was in Guangzhou, China yesterday, helping promote Nova Scotia seafood to the growing Asian market. The Guangzhou promotion, which involved five seafood companies and Halifax-based JusNova Agriculture, included chef demonstrations, appetizers of Nova Scotia seafood and blueberry juice, business meetings and presentations to Chinese restaurant purchase managers, importers and distributors. The event […]
HALIFAX–Halifax-based Emera announced on Friday night that it will acquire TECO Energy in a transaction valued at US$10.4 billion. When the deal closes, TECO Energy will become a wholly owned subsidiary of Emera, which will then have about US$20 billion in assets and more than 2.4 million electric and gas customers. That will make Emera one […]
FREDERICTON–New Brunswick’s unemployment rate dropped to 10.1 per cent in August, compared to 11 per cent in July according to data released today by Statistics Canada. The national unemployment rate was 7.0 per cent in August. The unemployment rate in Moncton fell to 5.7 per cent (compared to 6.1 percent in July) while Saint John saw […]
HALIFAX–Nova Scotia start-ups can compete for up to $225,000 through a new competition launched by Innovacorp. The I-3 competition supports early stage knowledge-based companies. “More and more people now see how empowering it is to be an entrepreneur,” said Innovacorp CEO Stephen Duff. The competition will take place in five geographic zones across the province. Each zone winner is […]
