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January 2014 Maritime Economic Fundamentals

Ally

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News articles for January 2014.
 

Ally

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Big jobs on the horizon in Nova Scotia





The Maritime Link and offshore exploration are among the megaprojects to watch this coming year in Nova Scotia.





Investment in both areas will help drive up spending on major projects by about 13 per cent in 2014, according to the Atlantic Provinces Economic Council.








Patrick Brannon, a research analyst with the economic think-tank, said spending on major projects in the province will reach $3.4 billion in the new year. That compares to $3 billion in 2013.





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Unemployment rate in New Brunswick remains below 10%





The unemployment rate in New Brunswick was unchanged in December at 9.7 per cent.








Figures released Friday by Statistics Canada show there were 1,800 jobs created in the province in December, with 400 of those being full-time and 1,400 of the new jobs being part-time.





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Drop in unemployment in Newfoundland





There was a significant drop in the province's unemployment rate in December. Statistics Canada says the rate decreased from 12.3 per cent in November to 10.8 in December, as more than 19-hundred people found jobs. The number of full-time jobs was actually down a little, while the number of part-time jobs climbed by 23-hundred. The unemployment rate in December was down almost a full point from the same month a year ago.





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Fredericton to shape budget 2014 through pre-budget consultation





Minister Jason Kenney and MP Keith Ashfield seek Canadians' views on how to continue to build a stronger, more prosperous Canada








FREDERICTON, Jan. 15, 2014 /CNW/ - The Honourable Jason Kenney, Minister of Employment and Social Development and Minister for Multiculturalism, and the Honourable Keith Ashfield, Member of Parliament for Fredericton, today hosted a pre-budget consultation with business representatives and community leaders in Fredericton. The round table was one of several consultations in communities across the country in preparation for Economic Action Plan 2014.





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State of New Brunswick focuses on natural resource development, job creation and innovation





FREDERICTON (GNB) ` Premier David Alward's state of the province address sent a strong message to New Brunswick business people and workers about the government's plan to create jobs in the oil and natural gas, forestry, and knowledge sectors.








`It is time to bring our greatest resource, our people, home to work, and we cannot do this without providing opportunities for our local businesses and for our workers,` said Alward. `We have a clear plan to create jobs by growing a domestic oil and natural gas industry in New Brunswick, re-establishing our forestry sector as a leader in North America, and planting the seeds for growth in our knowledge sectors that will drive our economy for generations.`





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