Hey, I read this morning that New Brunswick is getting a massive corporate tax cut. $6 million worth in 2009 alone! There are 40,000 businesses in New Brunswick. That’s a cut of $150 per business per year or about $3…
Continue ReadingTax consumption
I have already received two emails this morning aghast at my notion of increasing the HST by 4 points. Think about this for a minute. I am not calling for a 4 point increase in the HST and that’s it. …
Continue ReadingGinning up the numbers
This must be coming into the vernacular – I have heard the term ‘ginning up’ on several ocassions lately. That’s what I feel when I see stuff like this which was taken directly from a Statistics Canada report. Now…
Continue ReadingLowering taxes
It looks like there is going to be some form of blanket tax cut – corporate and personal coming in New Brunswick. The reality is that it will be very small – percentage wise – and only save people a nominal…
Continue ReadingIt’s better to have loved… Redux
Recession anxiety lower in Atlantic Canada — poll According to the results of the national survey, conducted between Feb. 26 and March 2, only 10 per cent of Atlantic Canadians fear they will lose their job sometime in 2009, compared…
Continue ReadingLD 955
There is a bill going through the Maine legislature entitled: “An Act To Transform the Maine Economy and Create Jobs”. It has a number of components including reducing its carbon footprint, investing more in wind energy, ‘vertically integrating’ the wind…
Continue ReadingWe don’t like to compare to other provinces….
There’s a great story in the TJ today about a new report on the State of Maine and its economic development efforts. Someone posted much of it in a comment to a previous post here but I like to limit…
Continue ReadingIt’s better to have loved and lost….
It’s better to have loved and lost than to have never loved. Who said that? Anyway, I think there are parallels in New Brunswick. I had a guy sidle up to me this week and say “I’ll bet you are glad…
Continue ReadingTom Mann wants a new approach
Tom Mann is Executive Director of the New Brunswick Union of Public and Private Employees and in this commentary he calls for a new approach. The problem is that I have read this thing three times and I can’t find…
Continue ReadingHalifax financial centre keeps growing
There are basically two ways that governments can influence the creation of $100,000+ jobs in their province: a) hire more doctors or b) recruit companies that pay $100,000+ salaries. A Bermuda-based reinsurance firm announced plans Wednesday for 80 high-salary jobs…
Continue Reading