The New Brunswick Business Council (NBBC) is concerned by the state of the provincial economy. Economic growth has been lackluster in recent years and private sector investment is insufficient to foster growth. 

In February the NBBC commissioned David Campbell of Jupia Consulting to perform an analysis of the province’s export and manufacturing sectors, its historical impact and its declined position in today’s economy. The NBBC’s Campbell Report is a call to action for government and the private sector that business investment is vitally needed to improve productivity in our export and manufacturing sectors.

“The Council is troubled by the ongoing absence of discussion on economic issues within the public discourse, which, in part, caused the Council to engage Jupia Consulting to undertake this work,” stated Denis Caron, CEO of the Port of Belledune and next Chair of the NBBC .

On Thursday, David Campbell will present the findings of the NBBC’s Campbell Report before the province’s nine leading business and economic development agencies. 

These include: 

• The Conseil économique du Nouveau-Brunswick.

• The province’s leading chambers: Saint John Region Chamber of Commerce, the Fredericton Chamber of Commerce, the Chamber of Commerce for Greater Moncton.

• The leading economic development agencies: Envision Saint John: The Regional Growth Agency, Ignite Fredericton, Economic Development: Southeast Regional Service Commission
• Canadian Manufacturers & Exporters.

The NBBC Campbell Report provides key data points on the state of the NB Economy as well as a number of key recommendations. The Report’s findings conclude that significant capital expenditures (capex) in equipment, robotics, and digitization is required for New Brunswick to return to a competitive position that addresses the province’s deficit in trade.  

“The fact that the province’s nine leading business and economic development groups are united behind the messages found in the NBBC David Campbell Report, is a strong signal that our economy has underlying challenges. These challenges are masked by the growth in population and the accompanying Federal transfers from equalization that are allocated on a per capita basis, meanwhile, private sector growth is lacking,” stated Blair Hyslop, Co-CEO of Mrs. Dunsters.  

David Campbell will present the findings of the NBBC Campbell Report at 10:30 am at Malley Industries, 1100 Aviation Avenue, Dieppe NB. The full Report will be available at that time.

For further information: New Brunswick Business Council, 506-650-1372

Denis Caron, CEO Port of Belledune, 506-522-8048

Blair Hyslop, Co-CEO of Mrs. Dunsters,  506-343-4335