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It's The Economy, Stupid

David Campbell – A blog about economic development in Atlantic Canada

Year: 2020

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Cutting personal income tax rates to attract migrants

Posted on December 5, 2020 by David Campbell

A former colleague of mine known for his flashy shirts recently asked me to comment on the potential of a steep personal income tax (he recommended zero) to entice mobile professional workers to move here.  Would, he asked, the increase…

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Daryl Branscombe and New Brunswick’s Travelling Wilburys

Posted on December 4, 2020 by David Campbell

Daryl Branscombe started a group a couple of years ago called the Coalition of Concerned Citizens.  It is made up mostly of wizened New Brunswickers who formerly held senior roles in government, community and industry.   I admire what they are…

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Recommendation to the Premier: Employ the quid pro quo approach

Posted on November 20, 2020 by David Campbell

One of my economics professors in University was particularly lavish in his use of Latin phrases.  I mean they all use some standard phrases – ceteris paribus, a priori, etc. but this guy seemed to be speaking another language. Almost…

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Everybody deserves a mayor (whether they know it or not)

Posted on November 15, 2020 by David Campbell

I have a theory about cities, towns and villages and their mayors.  In my experience, if a mayor is in more than one term the city, town or village starts to look and feel like the mayor.  If the mayor…

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Growing exports: A possibly contrarian view

Posted on November 10, 2020 by David Campbell

I’m going to revisit a topic I look at least once or twice a year:  Fostering exports as an economic development goal. I would say that the majority of economic development folks in Atlantic Canada mostly agree with my main…

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Hey Moncton! Toronto called. They want their immigrants back.

Posted on November 2, 2020 by David Campbell

If you think about it much, it was only a matter of time. Most immigrants in Canada until recently settled in Toronto and the biggest urban centres.  Places like Moncton or Charlottetown or Estevan, Saskatchewan relied mostly on natural population…

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The risk of atrophy and the importance of having a little ambition

Posted on October 27, 2020 by David Campbell

I love the relatively new tool set up by the New Brunswick provincial government to help young people navigate career choices.  It covers wages, skills required, etc. and has lots of nifty infographics. The one thing that bugs me is…

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Ensuring we don’t lose 20 years of air transportation advances

Posted on October 15, 2020 by David Campbell

Just about everyone is apoplectic about what is happening with our airport sector in the province (and region).  We have to differentiate between a short term – Covid-19-driven response and the longer term impacts.  People are speculating that airports will…

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The rational optimist: Thanksgiving edition

Posted on October 12, 2020 by David Campbell

I went to university in the States in the mid-to latter 1980s.  Before that I had almost no exposure to politics. I have to say looking back it was a politically tumultuous time.  As one example, President Reagan just fired…

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Can babies help solve our short-term workforce needs? An argument for pro-natalist policies.

Posted on October 6, 2020 by David Campbell

When asked in the past why don’t we encourage more births as a way to rebalance our demographic situation my standard answer was that we don’t have enough time.  The wave of Boomer retirements is well underway in New Brunswick…

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