RBC is now projecting New Brunswick’s real GDP to grow 1.1% in 2017. That exceeds the forecast in the 2017-2018 budget. The bank noted last year’s economic growth was stronger than expected due to strong wage growth in consumer service industries, and an upswing in construction. Capital spending and a strong performance from the natural resources sector were also factors.
Category: Moncton
RCMP commissioner takes stand at Labour Code trial
RCMP Commissioner Bob Paulson is thought to be the final defence witness at the RCMP Labour Code trial. He says he was involved in the initial talks about carbine rifles, but had concerns about potential “militarization” of the force. Today’s testimony is one of his last duties as commissioner, as he’ll be retiring at the end of the month.