Almost every day I stumble across another fascinating statistic highlighting the economic development differences between the U.S. and Canada. For example, last year, according to the US Bureau of Labor Statistics, northeastern Oklahoma led the U.S. for employment growth. Meanwhile, Statistics Canada reported that Alberta, again, led this country for employment growth.
There are strong growth poles in just about every region of the U.S. (yes there are also slower growth areas as well but not ‘whole regions’ like Atlantic Canada). That, I believe, has been a key factor in the country’s economic growth over time.
Remember, the OECD said in 2002 that the lack of successful regional economic development in Canada was a major red flag to the country’s continued growth.
Oklahoma? If that state can grow, surely New Brunswick can grow.