Infographic: Accelerating the growth of Atlantic Canada's economy

An infographic depicting a map of the Atlantic provinces in the upper right corner. Fourteen text boxes display statistics on various aspects of Atlantic Canada’s economy.

The infographic title is: Atlantic Growth Strategy – Working for Atlantic Canadians since July 2016 – Accelerating the growth of Atlantic Canada’s economy

Text in the infographic reads:

Jobs: Close to 100,000 jobs created between July 2017 and April 2023

Population: Growth rate 4x higher than national average since 2015

Labour productivity: Increased 2.8% between 2016 and 2022

Business R&D: Grew at 5.5% per year from 2015-2020

 

Stimulating economic growth through collaboration

Highlights of achievements

Atlantic Immigration Program: As of March 2023, over 18,000 applicants and their families admitted since 2017. As of March 2023, over 124,000 permanent residents, who listed an Atlantic province as an intended destination, were admitted across all immigration streams since 2016

Clean Power Roadmap for Atlantic Canada: Set the foundations for accelerating the greening of the electricity grid and the transition to a net-zero economy

Atlantic Canada Agreement on Tourism: 3.2M international tourists between July 2016 and February 2023

Atlantic Trade and Investment Growth Strategy: Atlantic export value increased over 98% between 2016 and 2022

Accelerated Growth Service: Provided over 130 engagements with companies to help them grow their business

 

Renewing priorities to shore up economic prosperity for future generations

Leveraging population growth to build a stronger workforce

• Improving labour attraction, retention, and mobility
• Facilitating skills recognition
• Improving accessibility to upskilling and reskilling

Spurring increased productivity and competitiveness

• Augmenting digital transformation and innovation
• Improving regional air access
• Reducing internal trade barriers
• Promoting tourism

Supporting the transition to a green economy

• Pursuing clean energy and clean growth
• Supporting industry in the net-zero transition
• Leveraging domestic and international supply chains
• Adapting to and mitigating impacts of climate change