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  • Newfoundland and Labrador and New Brunswick Sign Memorandum of Understanding to Improve Trade and Labour Mobility

    Newfoundland and Labrador and New Brunswick Sign Memorandum of Understanding to Improve Trade and Labour Mobility

    The governments of Newfoundland and Labrador and New Brunswick have signed a memorandum of understanding on free trade and labour mobility. Newfoundland and Labrador is New Brunswick’s fourth largest trading partner when considering two-way trade.

    In an effort to boost the Canadian economy and combat tariffs from the United States, Canada’s Premiers are working together with the Federal Government to reduce interprovincial trade barriers. This agreement commits both parties to improve labour mobility, flow of goods, services, and investment that will contribute to sustained economic activity.

    The Government of Newfoundland and Labrador is working as part of a united Team Canada approach to identify interprovincial trade barriers that can help create new economic opportunities. It has also led a series of productive roundtable discussions with industry, community, and labour that have helped inform the creation of Buy Newfoundland and Labrador, Canada campaign, which includes local marketing to encourage residents to support local and Canadian businesses, as well as trade development activities.

    The Provincial Government has also earmarked $200 million in a contingency fund to support those negatively affected by U.S. tariffs, made changes to Credit Union Regulations, and launched the Seafood Marketing Support Program.

    Quotes
    “This partnership reflects the shared commitment of our two provinces to build a more connected Atlantic Canada for the betterment of our residents and economy. Through today’s MOU, Newfoundland and Labrador and New Brunswick will work together to create new opportunities that promote internal trade and advance infrastructure projects, that ultimately contribute to a stronger Canada.”
    Honourable Dr. Andrew Furey
    Premier of Newfoundland and Labrador

    “Canada is coming together to break down interprovincial trade barriers and I’m proud to be taking the next steps with Premier Furey and Newfoundland and Labrador. We’re working to ensure that all products, services and credentials that are approved by Newfoundland and Labrador are automatically recognized by New Brunswick and vice versa. Newfoundlanders and Labradorians and New Brunswickers have long been good friends, and now we will be great trading partners.”
    Susan Holt
    Premier of New Brunswick

  • Business Truth & Reconciliation Business Truth & Reconciliation

    The Atlantic Chamber of Commerce takes proactive steps to promote reconciliation and respect for Indigenous rights within the corporate sector. In response to the Truth and Reconciliation Commission's Call to Action 92, the Chamber urges its members to embrace the United Nations Declaration on the Rights of Indigenous Peoples as a guiding framework.

     

    Recognizing the importance of education, the Chamber encourages businesses to provide comprehensive training for management and staff on the history of Indigenous peoples, including the legacy of residential schools, Indigenous rights, and Aboriginal-Crown relations. Emphasizing intercultural competency, conflict resolution, and anti-racism, these efforts aim to foster a more inclusive and harmonious corporate environment rooted in mutual understanding and respect.

    Learn more click here