Renewing Established Businesses

Total Page:16

File Type:pdf, Size:1020Kb

Renewing Established Businesses S ON TI SI N A R T S S E IN S U B & S T N A R G I M M I N O H C R A E S E R A W A T T O C P E L - F L C O ReNEWing Established Businesses STUDY FINDINGS & RECOMMENDATIONS FOR MOVING FORWARD Submitted by: Ottawa Community Loan Fund and Ottawa Employment Hub ReNEWing Established Businesses - Ottawa Research on Business Transitions 1. Introduction PROJECT BACKGROUND & APPROACH The Research Project & Approach The Ottawa Community Loan Fund (OCLF) and Ottawa Employment Hub, the Local Employment Planning Council (LEPC), collaborated on a research project called “ReNEWing Established Businesses” from November 2016 to December 2017. The study explored the potential of bringing together immigrants interested in running a business in Canada with small and medium enterprise (SME) owners who are looking to exit their businesses. ReNEWing Established Businesses (ReNEW) examined these two common labour market challenges and explored the potential for a mutually beneficial solution: 1) Immigrant under- and un-employment; and 2) Lack of succession planning among small and medium enterprise (SME) owners. There are hundreds of motivated, skilled immigrants in Ottawa who cannot find jobs. Meanwhile, many SME owners are retiring without a succession plan and are therefore closing their shops. The closing of successful businesses means fewer services for residents, negatively impacting the quality of life in the community. Moreover, it is a missed employment opportunity for under- and unemployed immigrants. ReNEW explored the potential for immigrants to solve the problem of SMEs closing, while creating a job for themselves in the process. The project also looked at financing options to make this possible and focused on several key areas in examining the issues and moving toward solutions: 1. Understanding the current Ottawa picture in terms of immigrant employment, SME ownership and succession planning, and financing options. 2. Exploring promising approaches in bringing together buyers interested in running a business with SME owners who are looking to exit their businesses. 3. Gauging the interest and perceived challenges from both the recent immigrants (potential buyers) and the SME owners (potential sellers) in Ottawa. 4. Scanning programs and services offered in the community to identify potential gaps and what could be leveraged moving forward. 5. Formulating recommendations and considerations for moving forward based on the research. The Project Team OCLF is an incorporated non-profit organization working for financial empowerment in the Ottawa area. OCLF arranges loans to start, buy, or expand businesses, and professional development loans to increase employability. OCLF also provides education in money management and entrepreneurship training. Ottawa Employment Hub is a provincial Local Employment Planning Council (LEPC) pilot that promotes place-based approaches to workforce development, while generating and analyzing local labour market information. The LEPC, funded by the Ontario Ministry of Advanced Education and Skills Development ReNEWing Established Businesses – Study Findings & Recommendations for Moving Forward 1 ReNEWing Established Businesses - Ottawa Research on Business Transitions (MAESD), has worked with more than 150 community partners in the past year toward modernizing employment and training programs and services. Although both organizations contributed to the overall project, OCLF’s main role in this study was to conduct research on financing options and gather information from the potential Buyer side (immigrants). LEPC’s main focus was to research labour market statistics and promising approaches, as well as gather information from the potential Seller side (small business owners) and explore current community programs and services to leverage. Project Plan and Key Milestones To undertake the study, OCLF and LEPC conducted both primary and secondary research, including surveys, dialogue sessions, and “best practice” interviews. Close to 100 people in the community and across the country shared their learnings and views. The graphic below captures the key activities and timelines that guided the research. KEY ACTIVITIES & TIMELINES Literature review of supporting research on need and feasibility Analyze data Best practices through research and interviews Validate data and inform next steps in dialogue sessions Review of financing options July–Sep. 2017 Dec. 2017 Nov. 2016 – June 2017 Oct. 2017 Survey local potential immigrant buyers Produce a report on key findings and recommendations for moving forward Survey local potential sellers Scan local programs and services Report Content To summarize key findings and share our recommendations for moving forward, this report includes: 1. Introduction (pages 1 to 2) - Project background/approach and report content. 2. The Current Picture in Ottawa (pages 3 to 5) - Immigrant employment, business ownership/ succession planning, and financing options. 3. Key Learnings from “Best Practice” Research (pages 6 to 7) - Promising approaches and lessons learned in bringing together buyers interested in running a business with small and medium enterprise (SME) owners. 4. Input from Ottawa Buyers & Sellers (pages 8 to 11) - Gauging interest and perceived challenges from recent immigrants (potential buyers) and SME owners (potential sellers) in Ottawa. 5. Programs and Services to Leverage (pages 12 to 14) - Scanning programs and services offered in the community to identify potential gaps and what could be leveraged moving forward. 6. Recommendations for Moving Forward (page 15) - Formulating recommendations and considerations for moving forward based on the research. ReNEWing Established Businesses – Study Findings & Recommendations for Moving Forward 2 ReNEWing Established Businesses - Ottawa Research on Business Transitions 2. The Current Picture in Ottawa This section provides an overview of the current landscape in Ottawa around immigrant employment, SME ownership and succession planning, and financing options. We have supplemented local data with provincial and national findings where Ottawa-specific information was not available. IMMIGRANT EMPLOYMENT Immigrant population in Ottawa In 2016, 26% of Ottawa’s population over Ottawa population, aged 15+, by period of 15 years old were immigrants. immigration, 2016 Non-immigrants This represents 208,695 people, Established immigrants (arrived more than 10 years ago) with 48,795 having arrived in past Recent immigrants (arrived 5 to 10 years. 585,210 10 years ago) Very recent immigrants (arrived 24,190 arrived less than 5 years less than 5 years ago) ago. 75% of Ottawa immigrants aged 25 to 64 in 2016 had a Postsecondary 159,900 24,190 certificate, diploma or degree 24,605 arrived less than 5 years ago (compared to 73% for non- Source: 2016 Census, Table 98-400-X2016194. immigrants). Immigrant employment and under-employment 121,565 employed immigrants in Ottawa in 2016; however, 2016 unemployment rate by immigrants still see higher rates of unemployment. number of years in Canada 8.0% unemployment rate for immigrants (compared to 6.6% for non-immigrants). 15.2% unemployment rate for immigrants arriving in the past 5 years. (Source: 2016 Census, Table 98-400-X2016286) Full-time employment status and median income are both lower than for non-immigrants. 83% of workers aged 25 to 54 are full-time (compared Source: 2016 Census to 90% for non-immigrants). $37,007 median income for immigrants (compared to $43,419 for non-immigrants) (Source: LFS and 2016 Census, Table 98-400-X2016205) ReNEWing Established Businesses – Study Findings & Recommendations for Moving Forward 3 ReNEWing Established Businesses - Ottawa Research on Business Transitions OWNERSHIP AND SUCCESSION PLANNING In this section we focus specifically on small and medium-sized enterprise (SMEs) – businesses with 1 to 499 employees – but emphasize those with 1-10 employees as these are likely most suited for purchase by new immigrants to Canada with limited finances. Ottawa businesses and owners 28,446 small businesses in Ottawa in National and Provincial Studies 2016 (1-100 employees); 21,178 with Grocery stores and Restaurants are popular less than 10 business ownership choices for immigrants in Over half of SME owners aged 50+ Canada (Source: Statistics Canada, “Immigrant Businesses in Knowledge-based Industries”, 2017) 30% of SME owners born outside A 2017 study of business ownership in Canada Northern ON found a tendency for immigrant Top 5 sectors (1-10 employees): entrepreneurs to purchase existing businesses/ 1. Computer systems design and franchises (Source: The North’s New Entepreneurs) related services An Ontario study explored immigrants’ 2. Offices of physicians perspectives on buying an existing business 3. Management, scientific and (Source: Wise5: Winning Strategies for Immigrant technical consulting services Entrepreneurs) 4. Full-service restaurants and limited- Most appealing aspects: service eating places o The business is already established 5. Residential building construction o Less innovation is required (Sources: Dec 2016 Canadian business counts; Least appealing aspects: 2014 Survey on Financing and Growth of SMEs) o Motivation of vendor may be unknown Business transitions 21% of 2017 Ottawa Business Growth National Studies and Data Survey respondents plan to exit business 75% of SME owners in Canada expect to exit within 5 years; only 13% have well- their business within 10 years; half of these documented succession plan looking to
Recommended publications
  • INVENTORY of SERVICES for New Brunswickers with Learning Disabilities
    INVENTORY of SERVICES for New Brunswickers with Learning Disabilities Prepared by the Learning Disabilities Association of New Brunswick 2015 (revised) LDANB – TAANB 1 Disclaimer The Learning Disabilities Association of New Brunswick/Troubles d’apprentissage-Association du Nouveau Brunswick does not support, endorse or recommend any method, treatment, product, remedial centre, program or person for children, youth or adults with learning disabilities. It does, however, endeavour to inform you in the belief that you have the right to know. LDANB – TAANB 2 Table of Contents 1: Introduction………………………...............……………………….5 Learning Disabilities Association of New Brunswick The Learning Disabilities Association of Canada & Provincial/Territorial Learning Disability Associations Useful Links and Resources 2: Services for Children & Adolescents (birth-age 18) ……………11 3: Post-Secondary Education Services, Financial Services & Student Accessibility…………………………………………....…18 4: Adult Literacy Services……………………………………………29 5: Employment Services……………………………………………...34 6: Government of New Brunswick Services……………………...…40 7: Other Services……………………….…………………………..…46 8: Resources……………………………………………………...……51 LDANB – TAANB 3 SECTION I: INTRODUCTION TO SERVICES IN NEW BRUNSWICK LDANB – TAANB 4 The Learning Disabilities Association of New Brunswick is a registered charity that is affiliated with the Learning Disabilities Association of Canada. The mission of LDANB is to promote the understanding and acceptance of the ability of persons with learning disabilities
    [Show full text]
  • Canadian Border Crossings
    Canadian Border Crossings Port Canadian City/Town Province Highway Crossing U.S. City/Town Code 709 Chief Mountain Alberta Chief Mountain via Babb, MT 705 Coutts Alberta Hwy 4 Coutts Sweetgrass, MT 708 Del Bonita Alberta Del Bonita (via Cut Bank), MT 706 Aden Alberta Hwy 880 Whitlash, MT 711 Wild Horse Alberta Hwy 41 Simpson, MT 711 Wildhorse Alta. Hwy 41 Havre, MT 832 Paterson B. C. Northport, WA 841 Aldergrove British Columbia BC 13 Lynden, WA Boundary Bay British Columbia Boundary Bay Point Roberts, WA 840 Douglas British Columbia Peace Arch Blaine, WA 829 Flathead British Columbia Trail Creek, 817 Huntingdon British Columbia BC11 Huntingdon Sumas, WA 813 Pacific Highway British Columbia BC 15 Pacific Highway Blaine, WA 824 Roosville British Columbia Roosville Eureka, MT 822 Rykerts British Columbia Porthill, ID 816 Cascade British Columbia Hwy 3 Laurier, WA Grand Forks British Columbia Hwy 3 Danville, WA 818 Kingsgate British Columbia Hwy 3 Eastport, ID 835 Midway British Columbia Hwy 3 Ferry, WA 828 Nelway British Columbia Hwy 6 Metaline Falls, WA 819 Osoyoos British Columbia Hwy 97 Oroville, WA 507 Boissevain Manitoba Dunseith, ND Middleboro Manitoba Warroad, MN 506 South Junction Manitoba Roseau, MN 521 Cartwright Manitoba Hwy 5 Hansboro, ND 524 Coulter Manitoba Hwy 83 Westhope, ND 520 Crystal City Manitoba Hwy 34 Sarles, ND Hwy 75 / Manitoba 502 Emerson Highway 29 Emerson Pembina, ND Gainsborough Manitoba Hwy 256 Antler, ND Goodlands Manitoba Hwy 21 Carbury, ND 503 Gretna Manitoba Hwy 30 Neche, ND Haskett Manitoba Hwy 32 Walhalla, ND 522 Lena Manitoba Hwy 18 St.
    [Show full text]
  • Why the City of Ottawa Can – and Should – Take Action on the Proposed Energy East Pipeline
    Why the City of Ottawa Can – and Should – Take Action on the Proposed Energy East Pipeline The proposed Energy East pipeline also jeopardize the health and safety of nearby res- idents, ruin property values, and be detrimental to would bring 1.1 million barrels-per- local economies. day (over 175 million litres) across nearly 50 km of the City of Ottawa, There are still many questions that remain open. If there were a spill, how much oil would have to spill every single day. This would be the before the company was able to detect it? What would largest tar sands pipeline in the world, be the short and long-term impacts of a spill on local meant to take tar sands bitumen from ecology? Does the city have the capacity to clean up a major spill? What would happen if oil spilled into Alberta to tanker ports in Quebec and aquifers that many residents rely upon? New Brunswick. It is for these reasons that we’re urging the City of There are many concerns about the risks from the Ottawa to conduct its own risk assessments of the pipeline. As it passes under a number of rivers – in- pipeline, to talk to its residents about the proposed cluding the Mississippi and Rideau, numerous wet- pipeline, and to intervene at both the Ontario Energy lands, as well as sensitive aquifers, it brings risks of PMS7483 - CMYK BUILD C85 Y100 K55 Board and the National Energy Board hearings. spills and contamination all along the path. It could 1 convey their concerns.
    [Show full text]
  • List of Candidates
    Your VOTE Counts 2014 New Brunswick General Election List of Candidates www.electionsnb.ca Campbellton 2 Notice of Grant of Poll 3 Bathurst 6 (Elections Act, R.S.(N.B.) 1973, c.E-3, ss.57(2), and 129(5)(b)) 1 7 49 4 8 48 5 Tracadie-Sheila Edmundston Advance Polls Ordinary Polls 47 9 Miramichi Saturday, September 13 Monday, September 22 Grand Falls Grand-Sault 10 Moncton-Dieppe Riverview Monday, September 15 46 18 21 12 11 Polls will be open from 10 am until 8 pm. 19 14 20 22 13 17 45 42 Please remember to bring your Voter Information 23 24 Woodstock 15 Card with you, so that we can serve you faster. 38 14 25 16 Fredericton 44 43 24 42 41 37 26 Saint John 39 40 38 43 28 27 34 36 34 39 37 29 35 30 31 Special Ballots 27 32 35 33 Special ballots, which are available at all returning offices, provide electors with additional voting options throughout the election period. Special voting officers can, by appointment, bring a ballot to those electors in hospitals, treatment centers, or at home and unable to access the various voting opportunities because of illness or incapacity. Using a special ballot, a qualified elector may vote at any returning office in the province for a candidate in the electoral district where the elector is qualified to vote. This option is available throughout the entire election period, except Sundays. The offices are open 6 days a week (Mon–Fri 9 am–7 pm, Sat 10 am–5 pm).
    [Show full text]
  • The Bathurst and Chaleur Region in 2030 the Role of Immigration to Support a Sustainable Regional Economy
    The Bathurst and Chaleur Region in 2030 The Role of Immigration to Support a Sustainable Regional Economy Prepared by: David Campbell, Jupia Consultants Inc. for the New Brunswick Multicultural Council April 2018 NewConversationsNB.com Table of Contents Introduction: New Brunswick’s Biggest Challenge 3 The Bathurst and Chaleur Region: A Unique and Important Role in the New Brunswick Economy 3 The Bathurst and Chaleur Region’s Shrinking Talent Pipeline 4 If the Workforce Starts to Decline in Earnest, What’s at Risk? 5 A Significant Number of Workers are Heading towards Retirement 7 Employment Insurance and Unemployment 7 Why are Young People Still Leaving? 8 The Bathurst and Chaleur Region’s Aging Entrepreneurs 8 Looking Towards the Future: Sustaining High Quality Public Services 9 Retirement Communities: A Viable Economic Development Strategy? 9 The Role of Immigration 9 The Bathurst and Chaleur Region in 2030 10 The factors contributing to this decline in the Introduction: New workforce include the fact we are getting older as a Brunswick’s Biggest province and more of us are retiring from work and we have fewer students in our primary and secondary Challenge schools. As a consequence, employers are finding Arguably the largest barrier to New Brunswick’s it harder to attract qualified workers. Addressing future economic growth is the currently declining the challenge of a declining workforce means the labour force. The number of people in the province difference between a province that is stagnant and working or looking for work is less now than it was struggling to fund high quality public services and one a decade ago.
    [Show full text]
  • For Sale $1,500,000 78,392 Sf | Industrial Building
    FOR SALE $1,500,000 78,392 SF | INDUSTRIAL BUILDING 24 & 29 Avenue St. Georges Edmundston, NB Martine Godbout | Commercial Sales & Leasing 24 & 29 Avenue St. Georges Edmundston, NB FOR SALE Features PID(s) This property is made up of 2 lots for a total 35254366, 35293877, 00247466, 05053024 of 78,392 SF: Lot #1: 70,676 SF: Occupied by building; and Location Lot #2: 8,256 SF: Used as parking space for 24 & 29 St. George Avenue is located in Edmundston, employees and is covered with asphalt. New Brunswick, which is near the Quebec border and also the State of Maine border (Madawaska City). It The building itself consists of 4 levels: is the first city reached when entering the Atlantic Floor 1 : Offices area, wholesale warehouse, Provinces from the Province of Quebec, via the Trans- freezer and cold room; Canada Highway. The Trans-Canada Highway passes through Edmundston linking it to Fredericton, Saint Floor 2: Offices area and wholesale warehouse; John, Moncton and Halifax to the east, making this Floor 3: Wholesale warehouse; and location easily accessible via multiple points. Basement: Wholesale warehouse, freezer, cold room and mechanical room. MARTINE GODBOUT Commercial Sales & Leasing This building has undergone maintenance, 506 899 2690 upgrades and renovations since being built. [email protected] Building Features > Cold and freezing rooms; - Total of 8 rooms = ± 25 864 SF with compressors equipment; > Loading docks; > Shelving/racking for storage; > Emergency lights, alarm and telephone systems; > Elevators ( # 1 = 3000 lbs and # 2 = 5000 lbs); > Compressed air (glycol) sprinklers system for 100% of the building; > Wrapping machine (Synergy), > A complete commercial kitchen with accessories; > Central air conditioning for offices and kitchen; and > Secretary area and offices.
    [Show full text]
  • 1 Atlantic Immigration Pilot Designated Employer List: The
    Atlantic Immigration Pilot Designated Employer List: The following is a list of employers designated in New Brunswick through the Atlantic Immigration Pilot. This list does not indicate that these employers are hiring. To find current job vacancies got to www.nbjobs.ca. Liste des employeurs désignés Voici la liste des employeurs désignés sous le Projet pilote en matière d’immigration au Canada atlantique. Cette liste ne signifie pas que ces employeurs recrutent présentement.ss Pour les offres d’emploi, visitez le www.emploisnb.ca. Employer Name 3D Property Management 670807 NB Inc (Dépaneur Needs Caraquet & Shippagan) 693666 NB Inc. A & J Hanna Construction Ltd (Fredericton) A&W Miramichi (630883 NB Inc) A.C. Sharkey's Pub & Grill (Florenceville-Bristol) A.N.D. Communications A.R.Rietzel Landscaping Ltd Acadia Pizza Donair / Korean Restaurant (Dieppe) Acadia Veterinary Hospital Accor Hotels Global Reservation Centre Acorn Restaurant / Mads Truckstop (Lake George) Admiral's Quay B&B (Yang Developments Ltd.) Adorable Chocolat Inc Adrice Cormier Ltd Agence Résidentielle Restigouche Airport General Store (649459 NB Ltd) Airport Inn AirVM Albert's Draperies Alexandru & Camelia Trucking All Needs Special Care Inc. Allen, Paquet & Arseneau Allen's Petro Canada & Grocery (Allen's Enterprise Inc.) AL-Pack Amsterdam Inn & Suites Sussex (deWinter Brothers Ltd.) Andrei Chartovich 1 Employer Name Andrei Master Tailors Ltd Apex Industries Inc Appcast Armour Transport Inc Arom Chinese Cuisine Fredericton (655749 N.B. Ltd.) Asian Garden Indian Restaurant Moncton (Bhatia Brothers Ltd) Aspen University Association Multiculturelle du Restigouche Assurion Canada Inc Asurion Atelier Gérard Beaulieu Atlantic Ballet of Canada Atlantic Controls (Division of Laurentide Controls) Atlantic Home Improvement (656637 NB Inc) Atlantic Lottery Corporation Atlantic Pacific Transport Ltd.
    [Show full text]
  • The French Presence in NEW BRUNSWICK
    The French Presence in NEW BRUNSWICK English 34% Français OF THE POPULATION (249,950 people) can SPEAK BOTH ENGLISH AND FRENCH French is: WHERE DO FRANCOPHONES LIVE? • the MOTHER TONGUE of 32% OF THE POPULATION (234,966 people) • the FIRST OFFICIAL LANGUAGE of 32% OF THE POPULATION ECONOMIC REGIONS (234,055 people) A A Campbellton–Miramichi: 41% B Moncton–Richibucto: 36% E 27%* 59% * B C Saint John–St. Stephen: 2% D D Fredericton–Oromocto: 4% 19,064 41,385 STUDENTS STUDENTS E Edmundston–Woodstock: 17% C are enrolled are enrolled in FRENCH in CORE The Université de Moncton is IMMERSION FRENCH Canada’s largest FRENCH-LANGUAGE (2015–2016) (2015–2016) WHERE WERE UNIVERSITY OUTSIDE QUEBEC. THEY BORN? *of eligible enrolment Of the 7 SCHOOL DISTRICTS In New Brunswick: 88% ** Elsewhere in Canada: 10% in New Brunswick, 29% THREE ARE FRANCOPHONE 28,920 Abroad: 3% Francophone North-West STUDENTS (based in Edmundston): 19 schools are enrolled in Francophone North-East 92 FRENCH-LANGUAGE (based in Tracadie-Sheila): 37 schools PUBLIC SCHOOLS in the province Francophone South (based in Dieppe): 36 schools (2016–2017) **of all students in the province WHERE WERE FRENCH-SPEAKING IMMIGRANTS BORN? HISTORY In 1604, French colonists settled on Saint Croix Island, 25% an island between New Brunswick and Maine. Beginning in 1755, the Acadian community was dispersed 9% following the Great Upheaval but gradually regained 41% its vitality. 25% In 1881, the first National Acadian Convention was held Americas in Memramcook. August 15 was chosen as the National Africa Acadian Day. Europe Asia An Acadian was elected premier in 1960.
    [Show full text]
  • New Brunswick Population Report April 2021
    New Brunswick Population Report April 2021 Table of Contents Provincial Overview ................................................................................................................................................................ 2 Components of Population Change ........................................................................................................................................ 4 Overview ............................................................................................................................................................................. 4 Natural Population Change ................................................................................................................................................. 4 Interprovincial Migration .................................................................................................................................................... 5 International Migration ....................................................................................................................................................... 6 Sub-Provincial Population Estimates ...................................................................................................................................... 7 Overview ............................................................................................................................................................................. 7 Components of Population Change ...................................................................................................................................
    [Show full text]
  • Edmundston Economic Profile 2019
    Immigration #Matters Economic Profile Series: Edmundston, New Brunswick Spring 2019 This series looks at 20 communities across Canada and highlights key labour market statistics and the role that immigration has played, or could play, to help these communities flourish. It is important to note that predicting future labour market demand can be challenging, as economies are always evolving. This profile uses current population and labour market trends to give a profile of how immigration might play -31091-6 a role in this community. 660 Ensuring Edmundston can strengthen its role as an urban hub: the role of immigration The looming workforce challenge The 2016 Census reported that 27% of people in the Figure 1: Share of the Edmundston workforce1 1 Edmundston region workforce were over the age of over the age of 55—selected industries 55. More than 40% of those working in the personal Personal services 43% services sector were over 55, as were over 30% of workers in administrative services or construction Administrative services 35% and professional services (Figure 1). There are not Construction 34% enough young people coming through the education system to meet the demand of the current and future Professional services 33% Cat. No. Cat. Ci4-193/8-2019E-PDF ISBN 978-0- labour market. Health care 29% Manufacturing 27% Edmundston has the potential to expand its role as an urban hub All industries 27% The Edmundston region (population 23,524) is in an Source: Statistics Canada, 2016 Census interesting position that could lead to significant economic opportunity in the years ahead. The nearest urban centre to the west is 1.5 hours away by car in Rivière-du-Loup (Quebec).
    [Show full text]
  • Mot Du Rédacteur a Word from the Editor
    Recherche et rédaction Marie Claude Michaud et Jacques H. Gagnon Written and researched by Marie-Claude Michaud and Jacques H. Gagnon 2011 Mot du rédacteur A Word from the Editor La Société historique du Madawaska inc. est heureuse de The “Société historique du Madawaska Inc.” is pleased son partenariat avec le Service d’énergie d’Edmundston to be associated with Edmundston Energy and the City of et la Ville d’Edmundston dans la réalisation de ce numéro Edmundston regarding the production of this document marquant le centenaire du Service d’énergie d’Edmunds- that highlights Edmundston Energy’s one hundred years ton. La Société est reconnaissante à Énergie Edmundston of existence. The ‘Société’ is grateful that Edmundston d’avoir accepté que son histoire devienne le Volume XL, Energy has agreed to their story becoming Volume XL, Numéros 1-2, janvier-juin 2012 de La Revue de la Number 1-2, January-June 2012 of La Revue de la Société Société historique du Madawaska. historique du Madawaska. La Société historique remercie sincèrement Marie Claude The ‘Société’ would like to sincerely thank Marie-Claude Michaud et Jacques H. Gagnon pour la recherche et Michaud and Jacques H, Gagnon for researching and la rédaction de cette histoire du Service d’énergie drafting Edmundston Energy’s history. d’Edmundston. The story begins in 1911 with the construction of the first L’histoire commence en 1911 avec la construction du dam in Second Falls on the Green River and so continues premier barrage au Deuxième-Sault de la rivière Verte et the evolution of this hundred year old dam.
    [Show full text]
  • Economic Development
    AIMS Interim Municipal Report Card – New Brunswick Economic Development Economic Development Data are available extensively for only one of the selected measures, economic development operating costs per capita. There is a substantial spread for these costs. At the low end with figures of only a few dollars per capita are communities such as Fredericton Junction, Meductic, Tracy, Le Goulet, and Chipman; at the high end are Belledune ($173 per capita), Richibucto ($139 per capita), and Saint John ($130 per capita). It is interesting to see this mix of both larger municipalities and smaller ones among those with the highest cost figures. The lower end of the cost rankings tends to be composed chiefly of small communities. Among the province’s ten largest municipalities, there appear to be two broad sub-groupings. Saint John, Dieppe, and Fredericton are also among the ten communities with the highest per capita economic development costs, ranging from $95 per capita to $130 per capita. The other seven members of the “Big Ten” – Moncton, Miramichi, Riverview, Edmundston, Quispamsis, Bathurst, and Rothesay are in the middle of the pack on the cost ranking, with per capita figures between $23 and $55. Data on building permits and construction are available for only a small number of municipalities. Not surprisingly, more permits are issued and more new construction occurs in bigger communities like Moncton than in smaller ones like Port Elgin. Page 1 of 5 AIMS Interim Municipal Report Card – New Brunswick Economic Development Value of Operating
    [Show full text]