ONE NS Meeting Presentation in Digby Feb 20th

7/29/2019 ONE NS Meeting Presentation in Digby Feb 20th

1/23

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


2/23

WORDLE

Building Our New Economy


3/23

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


4/23

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.


5/23

The Bucket of Ice Water....


6/23

Population Change (2001-2011)


7/23

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%


8/23

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


9/23

-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


10/23


11/23


12/23

Sector Churn & Growth in Services

12

Agriculture/Forestry/Fishing




Mining/Oil/Gas, -3.8%

Mining/Oil/Gas, 13.6%



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


13/23

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


14/23

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


15/23

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!


16/23

Wordle Result


17/23

Shout Out.

What do you like most about living in your community?


18/23

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.


19/23

On Your Own Finish the Sentence

We will have succeeded if in 10 years


20/23

Thank You for Your Input!


21/23

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


22/23

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/


23/23

Thank You!

Documents

ONE NS Meeting Presentation in Digby Feb 20th