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Tuesday, April 22, 2014

There Are Degrees Of Optimism Over The Province's Economic Future

Even though things look pretty bleak right now with the state of the provincial economy, Yves Bourgeois of U-N-B Saint John's Urban Affairs Institute tells CHSJ News he's optimistic about the long term future if the province plays its cards right. 

He goes so far as to say he thinks New Brunswick could becoming a driving economy in the country but it won't happen for another 10 to 15 years. The belief that a turnaround can happen in the next four years is unrealistic.

Economic Development Consultant David Campbell of Moncton says the province needs more information technology growth and there are some interesting initiatives happening in the cities.

He argues the role of government is to create the environment for new companies to start up and do well........It's not to do industry or even pick industries. Campbell says he's cautiously optimistic about the future economic prospects of the province.