Read this and then my comments below: News Release – New Brunswick Business Council (Fredericton, June 19, 2007) New Brunswick can’t count on reaching self-sufficiency by attracting business from elsewhere, says the New Brunswick Business Council. In a statement released…
Continue ReadingBack in the saddle
My three week vacation just ended. I got back to Moncton today and once again my luggage was lost – left in Chicago actually. The second time I have lost luggage in my last three trips and about the zillionth…
Continue ReadingExpanding the scope of things
I wasn’t surprised at the massive rejection of the amalgamation of several communities in southeastern New Brunswick. Once the opponents of amalgamation were able to use the media to pound their theory home that it would lead to the raising…
Continue ReadingTee hee hee
Just read this in the TJ: Atlantic discordNew Brunswick will pocket $1.1 billion less in equalization from the federal government by 2020 under changes made by the Harper Conservative government, says a study by the non-partisan Atlantic Provinces Economic Council.…
Continue ReadingNarrowing a definition
“Economic development” is back in fashion. I remember when I started in the economic development biz 15 years ago or so the term “economic development” was not widely recognized. The provinical government had just changed the name of its department…
Continue ReadingThe Frank Factor
I see that TD is expanding its Saint John call centre. 100 new jobs. Frank McKenna is vice chair of TD and this is paying off it would seem. I would prefer a 200 person hedge fund back office. I…
Continue ReadingLabour market report – Cliff Notes version
I love the monthly report out on jobs and employment from Statistics Canada. It usually gives me the fodder for my best blogs. Anyway, I am blogging from 9,000 miles away so it is more difficult than usual to serve…
Continue ReadingOn side deals and equilibrium
I have been following, from afar, the increasing intensity of the fighting between the feds and several provinces over the natural resources-based side deals for NL and NS. It seems to me there are a few interesting points including: 1.…
Continue ReadingAn example for you
Someone asked about the UPM paper mill in Miramichi which is writing down its production value in the second quarter. Here’s a pertinent quote: UPM will record an impairment charge of the Magazine Papers’ goodwill and writeoff the remaining carrying…
Continue ReadingDispatches from the road: Sao Paulo part deux
I was reading today from another book on the experiment that was the Soviet Union (I am becoming an amateur historian on the subject I think) today and came across a reference to an old Russian proverb that says “success…
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