Somebody posted this to a previous blog: Mathis Instruments is now closed. After spending $15M+, their landlord and financial backers pulled the plug. Another PHD come business person trying to show the world they know better. Good effort but R&D…
Continue ReadingDumbest idea of 2007 found
Al Hogan over at the T&T thinks he has found the ‘Dumbest idea of 2007’ in the self sufficiency task force’s recommendation that wage rates need to rise in the province. While I do have my reservations, I disagree. But…
Continue ReadingPierre Battah gets it
I listened to Pierre Battah last night on CBC as I was driving into Maine. He is an executive recruiter with Robertson Surrette in Moncton. Paul Castle had him on to discuss Francis McGuire’s belief that NB firms were going…
Continue ReadingThat’s it. I’m going anonymous
Front page story in the Telegraph Journal today about blogs in New Brunswick. Trenchcoat, Spinks, etc. It even quotes the grand poobah of blogs – Warren Kinsella. This follows the series on CBC about blogs. I guess you have to…
Continue ReadingLink between high wages and economic growth
The T&T is running a story today quoting Francis McGuire as saying New Brunswice wages will need to increase by as much as 20%: Businesses are fooling themselves if they think lower housing prices, friendly folk and scenic beaches are…
Continue ReadingSolidarity Fund QFL
Another example of Quebec investors supporting Quebec economic development: About the Solidarity Fund QFL With assets of over $6.8 billion, the Solidarity Fund QFL is adevelopment capital fund that invests the savings of Quebecers, particularly through its RRSP. In addition…
Continue ReadingCanada’s new government seems to like ACOA now
It seems the Conservatives are now the champions of ACOA.
Continue ReadingHoping for the best
BMO has a new poll out this am: According to a survey of Canadians aged 45-60 conducted for BMO Financial Group by Ipsos Reid, boomers in Atlantic Canada appear to be least prepared for retirement. Thirty-nine per cent don’t have…
Continue ReadingEconomic future in hands of task force
The TJ is running a story today about the economic self-sufficiency taskforce. Francis McGuire and Gilles Lepage, the former president and chief executive officer of Mouvement des caisses populaires acadiennes have accepted the task of developing a game plan to…
Continue ReadingAnother Frank
I have talked at great length about the need for good ideas and strong leadership around local economic development in New Brunswick. So, I’ll put a plug in to day for Frank Tenhave, head of Enterprise Fundy. In the interests…
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