SPRING 2020 OVERALL OBJECTIVE—GETTING NB BACK ON TRACK WHO WE ARE – We are a group of community and business leaders who believe there is a need for a non-partisan organization that can provide informed advice and leadership that will enable the actions necessary for New Brunswick to succeed both socially and economically. INTRODUCTION – […]
News
COVID-19: The Journey Continues
Hats off to New Brunswick and its leadership. During this dreadful time of pandemic, with the cooperation of most of the population, but not all, the numbers seem to be favorable relative to the rest of North America. Thankfully, while frail elders and residents of long term care are prime targets, there have not yet […]
The Unexpected Renaissance of the Bank of Canada
Les Smith Commentary The Bank of Canada (BoC) is experiencing a renaissance. Canada’s Central Bank was established in 1935 under private ownership, and during the Great Depression, by the administration of Canada’s tenth Prime Minister, William Lyon MacKenzie King. In 1938, by an amendment to the Bank Act, it became a publicly owned institution. The […]
How Minister Steeves Can Tackle Province’s Mounting Debt – Stop Borrwing
Les Smith Commentary I’m concerned! New Brunswick’s Gross Debt, or Funded Debt, as of March 31st, 2019, hit an alarming high of $18 billion. This is an increase of $800 million over the previous year. Funded Debt is the total long-term debenture debt the Province is legally bound to repay and has borrowed to fund […]
What is the Future of NB Power?
In the February 7th edition of the Daily Gleaner, the CEO of NB Power Gaetan Thomas made the case for “smart meters” in New Brunswick. According to the headlines, “smart meters” are vital to our future as a means of both averting the construction of a new power generation station and directing the province away […]