Atlantic Container Line, the New Jersey based shipping company, has announced the closure of their office in Halifax at the end of 2018. As one of the only global shipping companies headquartered in Halifax and almost 50-year old tenancy at the port, the company says it can’t continue office operations. The twice weekly calls to Halifax will not be affected meaning six people stay on staff but 15 will not.
Futurpreneur Canada has announced the 30 Canadians who will attend this year’s G20 Young Entrepreneurs’ Alliance Summit in Buenos Aires. Three entrepreneurs from Atlantic Canada will travel to the summit taking place September 18 to 21. From New Brunswick Jeff Alpaugh of Dangerous Dress Shirts will be attendance, while Newfoundland and Labrador is represented by Katie Gillespie of Fulfilament and Peter Francis of HelpMeOrder.
Miniso, the low-cost lifestyle store headquartered in Guangzhou China, is continuing its Canadian expansion with a new store in Halifax. The 4,200 sq. ft. store on Spring Garden Road will be in a good position to compete with other deal kings like Dollarama and Walmart as 70% of their products are under $5. Miniso opened its first Canadian store in Vancouver in 2017 with a goal of opening 100 across the country by 2019.
Chinova Bioworks, a company that makes a preservative called chitosan out of mushrooms for the food and beverage industry, has received $2 million investment money from DSM Venturing BV. Venture capital firm AgFunder and non-profit Natural Products Canada were also in on the round of funding that will go towards building Chinova’s team and scaling up manufacturing.
The only Atlantic Canadian city that will be able to take advantage of Swoop, WestJet’s new ultra-low-cost airline, is Halifax. The inaugural flight soars from Hamilton, O.N. to Abbotsford, B.C. on June 20 and starting this week, flights from Halifax to Hamilton start at $99 one way. The airline is currently flying out of five Canadian cities (Abbotsford,
The third reading of the bill to ban single-use plastic bags has passed in the Prince Edward Island legislature. Once the law gets final approval — it just needs royal assent to become law — the province will be the first in Canada to outlaw plastic shopping bags. Implementation of the prohibited plastic will be gradual,
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