Tag Archives: the Honourable Andrew Parsons
From metals to seafood: 5 N.L. industries bracing for impact of potential U.S. tariffs
Newfoundland and Labrador industries with strong ties to the U.S. are bracing for impact in the face of President Donald Trump’s 25 per cent tariff threat, but some advocates are calling for a future where companies don’t exclusively rely on a trading partner to the south. On Saturday, the U.S. could impose tariffs on incoming Canadian goods. That has left some Newfoundland and Labrador industries worried. Association of Seafood Producers executive director Jeff Loder said Newfoundland and Labrador’s fishery is at stake under the threat of tariffs. About 90 per cent of snow crab harvested in the province is shipped to the U.S. “The snow crab fishery is set to open in the middle of March. This is already impacting negotiations between ASP and the FFAW. It will be one of the first sectors that’s directly impacted,” he said. more, >>CLICK TO READ<< 08:09
Supporting Innovation and Business Development in Ocean Technology
To enhance marketing and business development in the ocean technology industry, the Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, today announced over $138,000 through the Business Development Support Program for two businesses operating in this sector. Notus Electronics Limited is a privately-owned, St. John’s-based manufacturer of hydro acoustic net monitoring solutions. SubC Imaging, founded by Chad Collett in 2010, designs and manufactures underwater cameras, systems, LED lighting, lasers, DVRs, and remote operations solutions. >click to read< 19:50
