ANTIGONISH CHOCOLATE COMPANY CONTINUES TO PROMOTE PEACE
Peace by Chocolate, the confection company founded by Syrian refugees, has announced the name of their first chocolate bar. The chocolate and hazelnut delight will be called Wantaqo’ti (pronounced Wan-tahk-oo-di), which is the Mi’kmaq word for peace. Owner Tareq Hadhad says the company will continue spreading their peaceful message with more bars sold using French, Arabic and other Indigenous languages and can be purchased online or at Atlantic Canadian Sobeys locations in the next week.
Atlantic Canadian unemployment still highest in Canada
The latest Statistic Canada labour force survey released on April 6 shows unemployment is at a record low with more than 32,000 jobs created across the country. But while the national employment rate drops, StatCan reports Atlantic Canada still had the highest unemployment rate in March 2018. Newfoundland’s 14.2 per cent unemployment almost triples the national average (5.8 per cent), while Prince Edward Island comes in at 10.3 per cent, New Brunswick at 8 per cent and Nova Scotia at 7.4 per cent.
Stingray buys Newcap for half a billion dollars
The Montreal-based magnate Stingray Digital Group Inc. has purchased Newcap Radio, meaning Steele Communications will no longer be in the radio business. With the $360-million purchase of its parent company, Steele will no longer own local Newfoundland stations like VOCM and K-Rock or PEI stations Hot 105.5 and Ocean 100. Once the agreement is finalized — deal is still pending approval by the Canadian Radio-Television and Telecommunications Commission (CRTC) — Stingray will run 72 radio stations across Canada.
Fredericton airport approved for major expansion
The small but crowded airport has been operating over capacity for years, but now the Fredericton airport will grow by 50 per cent. Fredericton International Airport has acquired $30-million for more ticket counters, a reorganized baggage area, renovated washrooms and a play area for kids, with $18 million in funding from the provincial and federal governments. Construction will start this summer, employing 500 people for the duration of the project, which will take 30 months to complete.
PEI company named food provider for ferries
The island owned and operated ADL has been announced as the official food-service provider for Northumberland Ferries Ltd. The ferry company — which runs ferry services from Caribou, Nova Scotia to Woods Island, PEI — will source their food from ADL and also feature dairy products like Dairy Isle cheese during the 2018 and 2019 seasons.
- Atlantic Canadian startups attract record investments — and 4 other things to know this week
- Win tickets to sold-out Obama event
- Coffee shop opens inside Volta Labs
- Startup Canada awards honour Atlantic entrepreneurs
- Volta bestows ecosystem awards to Atlantic Canadian startup supporters
- Feds invest $47-million into Port of Halifax
- Atlantic Business Magazine founders inducted into AJAs Hall of Fame
- P.E.I. welcomes five business leaders into hall of fame
- UNB to offer cannabis courses in tourism and business
- St. John’s flocks to The Rec Room entertainment and dining complex