POLS 3125 Lecture Notes - Lecture 34: Bricklin Sv-1

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The region has been marked with a slow pace of economic growth: obstacles to economic take off: national, regional and global factors. Historical legacy: the national hinterland/ heartland relations consolidated in late 19th and early decades of the 20th during which maritime businesses lost out to bankers and manufactures in central canada. Westward expansion of economy did not help the atlantic region. Characteristics of atla(cid:374)tic ca(cid:374)ada"s eco(cid:374)o(cid:373)y: despite gradual growth, the region continues to trail the rest of canada on most measures of economic performance. Heavily dependent on natural resources (fishery, forestry, agriculture which are seasonal) and federal transfer (in early 1980s, federal transfer comprised 40% of the regio(cid:374)"s gdp) The lack of local powerful players (exceptions are family-run enterprises; the new. Brunswick based irving and mccain food groups and two fishery internationals in. The largest private sector firm in the region is the. French tire-maker whose three plants are not integrated into the regional economy.

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