Republic of Ireland offers valuable social, economic lessons

Looking for – and finding – solutions to hot-button issues from education to economic vibrancy to population growth

Republic of Ireland offers valuable social, economic lessonsNew Brunswick has much to learn from the Republic of Ireland. My recent selection as a Dobbin Scholar by the Ireland Canada University Foundation allowed me to conduct an academic visit to Maynooth University and the Republic of Ireland in June. The purpose of my visit was to explore the lessons that the Celtic Tiger…

Moncton builds it and they come

Yes, a downtown can be revitalized. But how to do it successfully – as Moncton has – remains a bit of a mystery

Moncton builds it and they comeIf there’s anything special about the much-ballyhooed Moncton Miracle, it’s that this New Brunswick city manages to thrive despite itself. That could be said about almost all successful municipalities, of course. But one look at this community’s downtown core five years ago and you would not have detected anything remotely resembling gritty determination. Look anywhere…

Gigging it in the free world

The gig economy is gaining traction, for better or worse. Who needs benefits or job security when you can work on a high wire?

Gigging it in the free worldAre you weary of your reliable job? Do your paid vacation, company pension plan and full medical coverage leave you cold? Are you pining for the sort of precarious work that only self-employment can promise? Well, friend, you’ve come to the right place. Here, at GigsRUs, we won’t bore you with bromides about workplace security,…

Innovation is a lot like life, with all its ups and downs

Despite government hyperbole, small businesses know that innovation is difficult, costly and sometimes reveals unfortunate truths

Innovation is a lot like life, with all its ups and downsA handy term that invokes sweet dreams of big scores for small businesses everywhere is ‘innovation.’ Government officials, burdened with the otherwise boring work of economic development, are obsessed with it. Its mere mention, they think, virtually guarantees a contact high. Hey folks, their websites screech, roll up and read all about our “Superclusters Initiative,”…

Enbridge selling its New Brunswick business for $331 million

Enbridge Gas New Brunswick operates and maintains more than 1,200 km of natural gas distribution pipeline

Enbridge selling its New Brunswick business for $331 millionEnbridge Inc. is selling its Enbridge Gas New Brunswick business to Liberty Utilities (Canada) LP, a wholly-owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of $331 million. Enbridge said closing of the deal is subject to the receipt of regulatory approvals and other customary closing conditions expected in 2019. “This…

New Brunswick’s ban on fracking must be overturned

Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution

New Brunswick’s ban on fracking must be overturnedBy Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…

Carbon tax particularly dangerous to New Brunswick

The tax will slow the already-faltering New Brunswick economy and create a competitive disadvantage with U.S. businesses

Carbon tax particularly dangerous to New BrunswickWhile good intentions matter a great deal, results matter most. The federal government’s decision to impose a national carbon tax may be well-intentioned, but its effects may be detrimental to our economy. We’ll likely see its worst effects on New Brunswick. The idea is to give carbon a price. While there are a few ways…

New Brunswick faces a painful population crunch

The rapid increase in the elderly population is creating a fiscal crisis, which demands innovative solutions

New Brunswick faces a painful population crunchA shrinking labour force and a rapidly-growing population of non-employed seniors in relation to active full-time workers represents an enormous challenge to New Brunswick over the next three decades. The demographic trajectory of New Brunswick has been creeping up over time. For every 100 working-age people, there were 15 seniors in 1971 and 21 in…

New Brunswick’s tax strategy drains the economy

The Laffer curve shows us that taxing the rich too much simply drives down economic activity, and pushes the tax burden to mid- and low-income earners

New Brunswick’s tax strategy drains the economySometimes governments increase tax rates but actually end up with less tax revenue. New Brunswick is a good example of this paradox. The province’s income tax rates have been erratic over the last decade, particularly for the top tier of earners. The top rate of provincial income tax decreased from 17.95 per cent in 2008…