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Monday, November 29, 2010

Economic Summit Starting On Future Of The Province Amid Mounting Concern















(Former Premier Frank McKenna)
            (File Photo)

Debate on the future of New Brunswick begins today at an economic summit in Moncton co-chaired by David Ganong and former Premier Camille Theriault.

Ganong tells CHSJ News there is cause for concern starting with the provincial deficit combined with weak job creation and an over reliance on federal transfer payments which many observers expect to be reduced.

And what about Saint John where alot of big plans have failed to come to fruition? Former Premier Frank McKenna, for one, doesn't believe the city has lost its momentum.

Ganong is hoping the summit will produce innovative ideas to put the provincial economy on a sounder footing. He points out there are lots of well paying, high tech jobs available in the province but the people with the proper skills don't seem to be there. His own chocolate company in St. Stephen had to bring in workers from Romania.