Economy

Economist Says N.S. Has Bright Future Despite $853-Million Deficit

HALIFAX – Ian McAllister has spent nearly 60 years immersed in the world of economics. He advised Newfoundland Premier Joey Smallwood back in the 1960s and became a professor at Dalhousie University in 1972. One may think experienced economists like him would have hit the panic button last week when Nova Scotia announced its $853-million deficit. But McAllister has an optimistic outlook on the economic opportunities of Nova Scotia and the Atlantic region.

“Nova Scotia is in a very privileged position in terms of the opportunities…it’s one of the best parts of the world.”… [Read More]