I get this question quite a bit. After a German entity bought up some timber land in the Miramichi this week I received several emails of concern. Well, if you aren’t prepared to invest in New Brunswick, we will need…
Continue ReadingWhither manufacturing in New Brunswick?
One of the least talked about economic trends in New Brunswick but the one with probably the most impact on the economy has been the shift in manufacturing over the past decade or more. As shown in the first table,…
Continue ReadingOh where, oh where are the entrepreneurs going?
One of my big themes lately is that we should think more about where the next round of entrepreneurs will come from rather than which funding programs/cash we are going to give the ones coming through the door. My concern…
Continue ReadingROI on public investment into economic development
Geez, folks. In just the past three days I have read three economic impact reports showing the ‘return’ on government investment as a multiple of either output/spending or GDP. This is at best bad economics and at worst purposely misleading. If…
Continue Reading