05 March 2007

NL hostile to business investment?

From Canadian Press, story gaining national attention on Monday, the idea that the provincial government's actions on several prominent business files is discouraging investment in the province.
"For the rest of business in Canada, Newfoundland is a somewhat distant and not very well understood place," [business professor Joseph] D'Cruz said.

"I suspect that the rest of Canada also believes that the hand of government is very heavy in Newfoundland . . . that government is also quite involved in business decision-making in a way, for example, that the Ontario government is not."
From the St. John's Board of Trade comes a comment so general and bland as to confirm the substance of David Cochrane's recent speech to that body.

No wonder Mr. Cochrane's remarks are garnering such attention.