Nova Scotia economy under microscope

The Canadian Press
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HALIFAX – A five-person commission set up to chart a fresh economic strategy for Nova Scotia is set to deliver its report Wednesday.

The commission was created by the NDP government in the fall of 2012 and is being led by Acadia University president Ray Ivany.

Ivany held a series of community sessions across the province and issued an interim report in October.

The interim report did not make any recommendations, but it said Nova Scotia needs to create more entrepreneurs and increase its population.

Nova Scotia had the country’s third highest unemployment rate in early December.

An economic study released last fall by the Royal Bank said the province had one of the lowest economic growth rates in the country.

 

Organizations: Acadia University

Geographic location: Nova Scotia

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  • Doug P
    February 12, 2014 - 08:13

    Politicians do not not create jobs;they create departments of bureaucrats. They do not create economic development; they destroy it by taxing away the means for true economic growth. They have not the slightest clue about economics at all, otherwise, they would not have to pay a commission to tell them what to do. The money that governments, bureaucrats and commissions swallow up is money that is not available to create real industries and truly productive employment for those seeking it.