A new player has stepped into the picture in oil and natural gas exploration here, committing $4.5 million to test potential in a 60,000- acre parcel taking in Norton, Ratters Corner and Wards Creek. Ittihad Capital Corporation, a private fund…
Continue ReadingAndrew Carnegie
Just finished a bio of Andrew Carnegie. Don’t know why but I have been reading about these old titans of industry lately. It’s a strange case. He amassed a fortune of what today would be worth $120 billion and then gave it…
Continue ReadingCanadian companies and economic development
I don’t know, maybe I am just a plain old vanilla socialist but I have felt for a long time that Canada’s national companies don’t give a rip about regional economic development and, in fact, are working against it in…
Continue ReadingPolitical intrigue
I haven’t posted much on the drama unfolding in Ottawa these days. To tell you the truth I see both sides of the thing. An ustable coalition held hostage by the vested interest of the Bloc may not be the…
Continue ReadingInfrastructure funding is not economic development
From the TJ today: The Atlantic premiers called on the federal government to top up their capital budgets with new dollars and to accelerate Atlantic Gateway funding to improve the region’s ports, rail lines and roads. The message was crafted…
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