ONE NS Meeting Presentation in Digby Feb 20th
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Transcript of ONE NS Meeting Presentation in Digby Feb 20th
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C O M M U N I T Y E N G A G E M E N T S E S S I O N
D I G B Y F I R E H A L L
F E B R U A R Y 2 0 T H , 2 0 1 3
Nova Scotia Commission onBuilding Our New Economy
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WORDLE
Building Our New Economy
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Members Appointed By Premier
Ray Ivany, Chair President, Acadia University
Irene dEntremont President, ITG InformationManagement Inc.
Dan Christmas Senior Advisor, MembertouBusiness Enterprises
Susanna Fuller Marine Conservation Coordinator,Ecology Action Centre
John Bragg Founder and CEO, Oxford Groupof Companies
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Mandate
engage citizens in meaningful, informed conversationsabout our economic opportunities and challenges;
identify, with Nova Scotians, new directions for wealthcreation 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)
64 Yrs Total
Province -30% -21% +41% -4%
CB -29% -26% +44% -13%
Northern -26% -20% +50% -10%
Valley -4% -2% +42% -6%
Southwest -37% -9% +40% -6%
HRM -2% -13% +49% +1%
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Our Labour Supply8
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
1971
1976
1981
1986
1991
1996
2001
2006
2011
2016
2021
2026
2031
2036
65 years and over 18 to 64 years0 to 17 years All ages
FORECAST
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-4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
CanadaNS
GDP Growth 1990 to 2011
9
Fishery collapse Govt spending
restraint Monetary tightening
Peak Sable
production
Declining gas and
forest productoutput
Rising dollar Final closures of
steel and coal
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Sector Churn & Growth in Services
12
Agriculture/Forestry/Fishing
Agriculture/Forestry/Fishing
Agriculture/Forestry/Fishing
Agriculture/Forestry/Fishing
Mining/Oil/Gas, -3.8%
Mining/Oil/Gas, 13.6%
Mining/Oil/Gas, -2.9%
Mining/Oil/Gas, -14.6%
Construction
Construction
Construction
Construction
Manufacturing
Manufacturing
Manufacturing
Manufacturing
-10.0% -5.0% 0.0% 5.0% 10.0%
1990-1997
1997-2003
2003-2007
2007-2011
Health/Education/Public AdminServices-Private
GoodsAll industries
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Add.
Lower domestic income per capita
than Canada
Higher domestic spending on publicservices
Lower domestic spending on
investment
Trade with other Provinces > tradewith other countries
Primarily service-based economy
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Yet.
$25 billion shipbuilding contract and supply chainstrategy
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 Strategic location & transportation infrastructure
Pride of place, spirit of determination
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Moving Forward
There is substantial risk to Nova Scotias standard of livingif we cant adjust
We must together find ways to generate wealth in thisprovince we can do better!
We must build on whats working and ensure allopportunities are maximized
We must build on new opportunities in this province andincrease the scale of projects and activities
We must find solutions together to build Our NewEconomy!
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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 foremployment in your area? Who would be involved? Ie, each small business expanding by two employees
Name and describe successful efforts elsewhere in theworld, how can we adapt their best practices?
If you could make two changes in NS toward improving oureconomy, they would be.
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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 throughoutthe province
We seek advice from those already examining theissues (economic advisory group)
Produce a report on What Weve Heard in April2013
Deeper dive May to November
Back out to discuss our findings December toMarch
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
http://onens.ca/http://onens.ca/ -
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Thank You!