Spain's 1796 entry into the war as an ally of France had a mixed impact on Nova Scotia. It increased the risk of trading into the Caribbean but at the same time multiplied opportunities for engaging in privateering, since a lot of Spanish merchant shipping now could be seized.
Reference: Nova Scotia Archives Newspapers: Royal Gazette 18 October 1796 p. 3
Nova Scotia Archives — https://archives.novascotia.ca/privateers/archives/
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