Author Archives: David Campbell

Growth in the provincial workforce and GDP by Premier

Between 1987 and 1997, the years when Frank McKenna was Premier the provincial workforce expanded by 32,000 people and total employment increased by 29,800.  Real GDP grew by 11.3%. Between 1999 and 2006, when Bernard Lord was Premier, the workforce … Continue reading

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Are women or men more at risk from the coming automated economy?

After a Davos conversation there have been a number of stories recently about which gender is most ask risk from the coming automated economy – driverless cars, robots, etc.  It’s an interesting conversation.  I took at look at the occupational … Continue reading

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Redux: Does labour follow capital or vice versa?

Should New Brunswick focus more on trying to attract jobs or on growing the population?An interesting new study out of Indiana has important implications for economic development in New Brunswick. The researchers looked at whether or not job growth (efforts … Continue reading

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Manitoba and immigration: An interesting case study

The Manitoba example is an interesting one for us to consider as we think more deeply about immigration and the labour market.  Even though Manitoba has no oil and gas industry and only a fairly small mining sector (less that … Continue reading

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The size of NB’s workforce is smaller now than back in 2008. Only province to shrink.

New Brunswick saw an uptick in job creation in the last few months on 2015 and an overall real GDP growth rate (the final number is not in) of likely something above one percent.  That may not seem like much … Continue reading

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The importance of international investment into New Brunswick

Long time readers of this blog will know of my focus on positive investment flows as the underlying foundation for economic development.  Because we are a small province, etc. most of the savings accumulated in New Brunswick flows out of … Continue reading

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The great Toronto out-migration problem?

  Below is the chart I used in my presentation earlier this week to make the case that we can’t use outward migration of New Brunswickers as a reason not to attract immigrants.  If you look at the number of … Continue reading

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Is self-employment a bad thing or a potential boon for New Brunswick?

There was an interesting article in the Economist magazine this week about the rise of self-employment in Britain and the conclusion by economists that this is basically a bad thing. This runs somewhat counter to the “start-up” narrative that has … Continue reading

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Immigration as a driver of economic growth

I keep hearing folks ask the question “how come we need more immigrants when we have high unemployment and young people moving out west for jobs”?  The answer to this question is one of the keys to us getting our … Continue reading

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New Brunswick, if……

The Economist magazine has an interesting segment this week called “The World, if….” which provides a series of stories similar to its The World This Week but only at some point in the near future after Hillary Clinton is President.  … Continue reading

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