Slides on the strategic plan I prepared for/with the Nova Scotia Association of Regional Development Authorities. For the full plan, contact the fine folks at www.nsarda.ca
3. External Context “...a crisis is a terrible thing to waste” Paul Romer, Stanford Institute for Economic Policy Research
4. External Context “Just because the Great Recession is technically at an end is no reason to go back to ‘business as usual.’” Richard Florida Martin Prosperity Institute, University of Toronto
5. External Context Our population is getting older, smaller and more urban Nova Scotia will have a $1.4 b deficit by 2013-2014 and its considered a “structural” deficit Our economy has chronic low productivity and low GDP per capita Nova Scotia spends more on public school education than most provinces Nova Scotia spends more on health care, and yet we have the worst population health characteristics We are 80% dependent on imported oil/coal and Nova Scotia is very vulnerable to higher prices & carbon taxes
6. External Context 20% of Nova Scotia’s energy production will be from renewable sources by 2020 Broadband internet service has been extended throughout the province Significant stimulus funds have been invested in transportation infrastructure, and the Atlantic Gateway continues to be a provincial and federal priority Labour market development programming has devolved to the province A new “Integrative Trade Agenda” is being developed for Nova Scotia
7. External Context GOVERNMENT OF NS PRIORITIES: Affordability and social prosperity Living within our means Sustainable health Jobs and learning Jobs and the economy SAVOIE RECOMMENDATIONS 14, 15 & 21
8. External Context ACOA AND ECBC PRIORITIES: Productivity and competitiveness Innovation and commercialization International business development Strategic foreign markets INTERNAL EVALUATION RECOMMENDATIONS
9. The Association Some specific examples of NSARDA’s greatest impacts are: Implementing a province-wide Business Retention & Expansion program, Hosting annual Professional Development Conferences, and Partnering with UNSM and NS Chambers to host Population Forum.