Monthly Archives: August 2011

Skin in the game

I was surprised to read in the NY Times that 47 percent of Americans don’t pay federal income tax.    I checked the Canadian data and 37 percent of Canadians with income don’t pay federal income tax here.  The argument … Continue reading

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Algae biomass production in New Brunswick

I came across this while doing some research this morning.  This is U.S. firm is working with someone in New Brunswick to establish “our first integrated commercial scale open-ocean algae biomass production operation.” HDS International Corp. (OTCQB: HDSI), a provider … Continue reading

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The new normal in labour markets

It seems economists are befuddled as to why we can have high unemployment and rising wages.   This doesn’t fit the standard models – weak labour markets = less upward pressure on wages. What amazes me is that we can … Continue reading

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A more focused approach to mining and economic development in NS

I like the wording of the mining section of the new Nova Scotia strategy: Mineral exploration Exploration is an important part of the mining cycle and is necessary for a sustainable mining sector. Nova Scotia competes with other places in Canada … Continue reading

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Newpage loss could put up power rates for other customers

Ah that old contribution margin sneaking up on NS Power the way it did for NB Power. I noticed the following tweet from a CBC reporter yesterday: Witherscbc Paul Withers: NS Power and stakeholders consider the future of power rates … Continue reading

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Small biz tax credits, yes but…

PEI has become the latest jurisdiction to offer a tax credit for investing in small businesses. The Community Economic Development Business program (CEDB) offers Islanders a new method to invest in the economic development of their own communities, Sheridan said.  Through … Continue reading

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Could NB become an energy warehouse?

Here is another way to allow to possibly wind energy optimization. Last fall, Rubenius purchased 346 acres (140 hectares) at the Silicon Border development near Mexicali in Baja California, Mexico, for the installation of a large utility-scale energy storage operation. Rubenius … Continue reading

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Is there ever a middle ground between environment and economy?

It’s not every day that environmental activists and economic development advocates enter into a win/lose battle as it seems to be the case with shale gas gas.  If you consider other natural resources – forests, agriculture, fish, even other minerals … Continue reading

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NB public pension monies making great returns – outside NB

It’s nice to see the retirement funds for New Brunswick’s public service teachers and judges doing so well. They’ve got over $100 million invested with Ontario government paper, millions invested in Verizon, Wells Fargo, Citibank – $30 million worth of … Continue reading

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