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It’s far from proven fact, but I’ve heard it said often enough that I’m convinced there must be some truth to it: there are more Atlantic Canadians living away than there are at home. How can that be? Because the people of this region are, by nature, hard-working and conscientious and they have always gone where work was to be …Continue Reading
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With so much attention focused on offshore Greenland and eastern Arctic development, Atlantic Canadian companies seem to forget opportunities are rapidly expanding in the western Arctic. However, at least one expert is warning that those who ignore those western opportunities do so at their own economic peril. “I think western Arctic opportunities are . . . beginning to surpass opportunities …Continue Reading
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Paradise is recognized as being Atlantic Canada’s fastest growing municipality with the youngest average-aged population in the Province of Newfoundland and Labrador. Located adjacent to the major centres in the Province, including the Capital City of St. John’s and neighbouring City of Mount Pearl, is just one of the many reasons that attribute to their rising popularity. They are on …Continue Reading
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Without a single offshore oil discovery, Greenland has captured the attention of dozens of the world’s largest oil companies, many of which are already making huge investments in the area. It has also grabbed the imagination of major players in Newfoundland and Labrador’s oil and gas industry. The exchange of harsh environment expertise between the two regions is an obvious …Continue Reading
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As global pressure for commodities increases and New Brunswick’s mineral endowment becomes better understood, a mini-boom may be just around the corner. They were expecting it like a bill come due, with an odd mixture of dread and resignation. So, when the Swiss-based Xstrata PLC announced in February 2010 that it would not close down Brunswick Mine No. 12 after …Continue Reading
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The Marystown shipyard used to be a busy place. Until the early ‘90s, it was constantly humming with workers in hard hats driving forklifts, towering cranes lifting and stacking huge containers, and massive ships being lifted high out of the water. This is what life used to look like at the shipyard. Today, though, workers are forced to live on …Continue Reading
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It has proven to be an ever-changing and expanding industry that has presented the promise of future opportunities for the country and transformed the face of Atlantic Canada. “It” is, of course, the region’s offshore oil and gas industry, an industry that has pumped billions of dollars into the Canadian economy and provided thousands of employment opportunities both federally and …Continue Reading
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Answering the call Play Fairway Analysis credited with $970-million offshore N.S. exploration commitment An almost $1-billion bid for offshore oil exploration rights in Nova Scotia has sparked hope the province’s stuttering industry could come to life. Shell Canada has agreed to pay $970 million for the rights to explore four offshore parcels over the next six to nine years. The …Continue Reading
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