Question Period Note: Atlantic Economic Panel

About

Reference number:
2025-001
Date received:
Dec 2, 2025
Organization:
Atlantic Canada Opportunities Agency
Name of Minister:
Fraser, Sean (Hon.)
Title of Minister:
Minister responsible for the Atlantic Canada Opportunities Agency

Issue/Question:

What is the purpose of the new Atlantic Economic Panel?

Suggested Response:

• On November 24, I announced the creation of the first-ever Atlantic Economic Panel.
• This independent panel is composed of leaders from the private sector who bring experience in growing companies and creating jobs across several sectors.
• They will be on the road over the next year to hear directly from people and businesses about what is working and what is holding Atlantic Canada back.
• I look forward to their report. It will help guide both governments and the private sector in making the investments to grow good jobs and strengthen our communities.

Background:

On November 24, 2025, Minister Fraser announced the creation of the first-ever Atlantic Economic Panel, comprised of seven of the region’s most respected business leaders:
• Don Mills (Chair) – President of Crane Cove Holdings; co-founder of Narrative Research; former CEO of Corporate Research Associates; co-author of Toward Prosperity.
• Cathy Bennett – Co-founder of Sandpiper Ventures; former CEO of Bennett Group; experienced leader in energy, tech, and public policy.
• Joyce Carter – President and CEO of Halifax International Airport Authority; recognized for driving economic growth and aviation leadership.
• Mike Cassidy – CEO of the Cassidy Group, which owns Coach Atlantic and Maritime Bus. He is an entrepreneur with 40+ years in diverse sectors; leads companies in transportation, tourism, agriculture, and real estate.
• J. Scott McCain – Chairman of McCain Foods; President of JSM Capital; former senior executive at Maple Leaf Foods.
• Chief Terry Richardson – Chief of Pabineau First Nation; former CAF member; advocate for mining programs and community health.
• Anne Whelan – CEO and principal shareholder of Seafair Capital; lead director of the Bank of Canada; corporate director with CSA Group and Nova Leap Health; Vice-Chair of The Gathering Place.

The panel members have been given a clear mandate to provide a one-time report, focused on practical steps to grow jobs, raise productivity, support small and medium-sized businesses, and strengthen communities.

They are expected to:
• meet with people and businesses across Atlantic Canada in 2026 to hear what is working, what is holding the region back and where Atlantic Canada can win.
• identify not only sector-specific opportunities, but also the structural, regulatory, and cultural barriers that may be limiting the region’s full economic potential.
• deliver a final set of recommendations by the end of Summer 2026.

The panel’s work will:
• reflect the Government of Canada’s broader economic missions, from diversifying trade to attracting world-class talent, while identifying where Atlantic Canada is uniquely positioned to lead in delivering national outcomes.
• highlight solutions that require collective effort from both government and the private sector so that long-term growth is shared and driven by the people who know the region best.

Additional Information:

None