Some innovative thinking is needed to dig New Brunswick out of its economic hole.
Major Drilling CEO Francis McGuire tells CHSJ news we need to think about things like transportation and maybe even shale gas to create higher-paying jobs.
New Brunswick desperately needs to grow its tax base, but we’re not exactly excelling at that. He says we should ideally be adding 375,000 people a day to our population, but in fact we haven’t added a single person in five years.
According to McGuire, New Brunswickers earn only 85% of the average income in Canada, and we won’t have a stable tax base until we get up to speed.
