Maybe Al Hogan is on vacation. Or maybe his mind is elsewhere. Either way, the story that ran this morning in the Times & Transcript was rather muted on Friday’s labour market figures which showed the second worst performance for…
Continue ReadingOn Galbraith – what could have been
I am reading the biography of John Kenneth Galbraith, the Canadian-born economist that went on to be one of the best known economists of the 20th century. Anyway, early on in his career he was given the job of siting…
Continue Reading# of people unemployed in NB up 11.9%
One of the guilty little pleasures I have is watching the spin come out of the NB government each month when the labour market survey is published. It is equally fun to watch Al Hogan spin the great news. Tomorrow’s…
Continue ReadingCall centre to lay off 270 workers
Ouch. The CBC is reporting this. Exactly one year ago: “The government is proud to support SalesBridge as it continues to grow,” Brad Green said. “The company is providing hundreds of highly skilled, well-paying positions for New Brunswickers. Its latest…
Continue ReadingT&T works more of its magic
The Times & Transcript is one of the only newspapers that you will ever read that can turn what should be a serious and sobering economic or demographic statistics into good news. Of course, this only applies to the provincial…
Continue ReadingFidelity invests big in North Carolina
Last year, Fidelity was rumoured to be looking at Nova Scotia for a very large project. If this (below) is the project, one suspects that the $34,500 per job created in North Carolina would have been a prohibitive factor in…
Continue ReadingDeclining population means less kids in school
Check this out. Another demographic reality for you to chew on. It is a Statistics Canada study out today on education trends in Canada. Here are a few highlights: Enrolment in elementary and secondary schools in New Brunswick has dropped…
Continue ReadingWe’re not alone
Sometimes it is comforting to know that other countries face similar economic challenges. Consider the UK for one. A new study published about regional economic development in the UK sounds frightenly like Canada. Here are some highlights with my comments:…
Continue ReadingIreland is boomin’
You know sometimes what we talk about is a little abstracted from the general public. When an economic boom hits the average Joe Q. Public so that everyone is talking about it – it must be real. My wife coming…
Continue ReadingRiddle me this
Is Peter Mesheau a traitor to the Tory cause or lending a helping hand? One thing’s for sure, the NB Tories lately like to provide lots of drama. Remember the Tanker affair? Hard to forget. He quit. He was castigated.…
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