Government of Canada announces support to help a New Brunswick company modernize, compete, and reach new markets

The article notes that Ottawa announced a $750,000 contribution to modernization efforts at Ocean Steel to help the Saint John-based company grow and pivot away from heavy reliance on the U.S. market. It also quotes local officials saying the federal government must help industries in tariff-hit cities like Saint John and that the funding is part of…

Nova Scotia’s government, through the Research Nova Scotia Focused Research Investments program, announced a $1-million investment in the Verschuren Centre at Cape Breton University to help translate in-house biomanufacturing research into commercial scaling. The funding will support equipment, external expertise for five client companies, internal…

The New Brunswick government announced that Canadian Copper Inc. is expanding its mining operations by acquiring the defunct Caribou Mine site through the receivership of Trevali Mining Ltd. and will use the Caribou Mine mill to process minerals from the nearby Murray Brook site, while taking over care and maintenance of the Caribou Mine. The project is…

The New Brunswick government announced that Canadian Copper Inc. is expanding its mining operations in the province’s northeast by acquiring the defunct Caribou Mine site and assuming care and maintenance of the facility. The plan includes using the Caribou Mine mill to process minerals from the nearby Murray Brook site, with a projected 230 construction…

The New Brunswick government announced that Canadian Copper Inc. is expanding its mining operations in the province’s northeast, acquiring the defunct Caribou Mine site and taking over care and maintenance, with plans to use the Caribou mill to process copper, zinc, and other minerals from the nearby Murray Brook site. The project is expected to create…

The New Brunswick government announced that Canadian Copper Inc. has acquired the defunct Caribou Mine site through Trevali Mining Ltd.’s receivership and will use the Caribou mill to process copper, zinc and other minerals from the nearby Murray Brook mine site. The project is expected to create 230 construction jobs starting in 2027 and 115 permanent…

The article reports that U.S. President Donald Trump threatened new 50 per cent tariffs on several Canadian goods, set to take effect Aug. 19 if no agreement is reached. It notes the provincial government estimates about $112.1 million in New Brunswick exports could be affected, representing 0.8% of total U.S.-bound exports in 2025.

The New Brunswick government announced that Canadian Copper Inc. has acquired the defunct Caribou Mine site and will use the nearby Murray Brook mill to process copper, zinc, and other minerals, while taking over care and maintenance of the Caribou Mine. The project is expected to create 230 construction jobs starting in 2027 and 115 permanent positions,…