Nova Scotia Commission on Building Our New Economy

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Community Engagement Session Shelburne March 7th, 2013

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Building Our New Economy

Wordle

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Members Appointed By Premier

Ray Ivany, Chair President, Acadia University

Irene dEntremont President, ITG Information Management Inc. Dan Christmas Senior Advisor, Membertou Business Enterprises Susanna Fuller Marine Conservation Coordinator, Ecology Action Centre John Bragg Founder and CEO, Oxford Group of Companies
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Mandate

engage citizens in meaningful, informed conversations

about our economic opportunities and challenges;

identify, with Nova Scotians, new directions for wealth

creation in all regions of our Province.

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The Bucket of Ice Water....

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Population Change (2001-2011)

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Population Change By Region

(2009 2034)
20-64 Yrs
-21% -26% -20% -2% -9% -13%

<20 Yrs
Province CB Northern Valley Southwest HRM -30% -29% -26% -4% -37% -2%

>64 Yrs
+41% +44% +50% +42% +40% +49%

Total
-4% -13% -10% -6% -6% +1%

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Our Labour Supply

88

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GDP Growth 1990 to 2011

Fishery collapse Govt spending restraint Monetary tightening

Peak Sable production

Declining gas and forest product output Rising dollar Final closures of steel and coal

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99

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Sector Churn & Growth in Services

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1212

Add.
Lower

domestic income per capita than Canada domestic spending on public services
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Higher

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Yet.
$25 billion shipbuilding contract and supply chain

strategy

Michelin investment Strong education, research, & product development

capacity
Renewable and non-renewable energy sector growth Natural beauty & wonderful communities Rising spirit of innovation, start-ups, & social

enterprise

Promising artisanal, creative and knowledge sectors

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Bowater Transition Process

Develop small business hubs, lending, red tape

reduction

North Queens Innovation Centre

Business incubation Centre, Learning Centre, computer training

Forest Resources

R&D& Demo Facility at Bowater-Resolute Mill site Community Forest acquisition of Bowater lands Wood Excellence Training Centre

Agriculture, Seafood Arts, Culture & Natural Beauty www.onens.ca

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Moving Forward
There is substantial risk to Nova Scotias standard of living

if we cant adjust

We must together find ways to generate wealth in this

province we can do better!

We must build on whats working and ensure all

opportunities are maximized

We must build on new opportunities in this province and

increase the scale of projects and activities Economy!

We must find solutions together to build Our New

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Wordle Result

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Shout Out.

What do you like most about living in your community?

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Together Discuss (will highlight three)

Whats working well to build your communitys economy?

Give three concrete examples of a successful business, initiative , job creation effort that generates wealth in your community, ie: Acadia commercializing research

What is working against prosperity in your community?

Give three ideas to turn this around, ie: regulations in a certain sector

What are the best ways to create new opportunities for

employment in your area? Who would be involved?

Ie, each small business expanding by two employees

Name and describe successful efforts elsewhere in the

world, how can we adapt their best practices?

If you could make two changes in NS toward improving our 3/7/13 www.onens.ca

On Your Own Finish the Sentence

We will have succeeded if in 10 years

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Thank You for Your Input!

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What Happens Next?

We listen and learn from Nova Scotians throughout

the province

We seek advice from those already examining the

issues (economic advisory group) 2013

Produce a report on What Weve Heard in April Deeper dive May to November Back out to discuss our findings December to

March
Report to public- April 2014
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Ways to Stay Involved

12 Community Meetings Feb April onens.ca

onenovascotia @oneNovaScotia

formal written submissions (voluntary), video

submissions

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Thank You!

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