Tuesday, June 30, 2009

Bay of Fundy South - The view from Atlantica

25 June 2009 * Vol. 5, Issue 4
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Plugging In: New Brunswick & Maine pitch international energy corridor

Maine and New Brunswick are exploring the development of an international energy corridor between the Maritimes and New England. The proposal was announced as a joint project by the New Brunswick premier and the Maine governor. The project is in addition to the natural gas pipeline that now runs through Nova Scotia, New Brunswick and into New England.
To read more, click here.
Click here to read the joint news release from both governments.
Follow this link to read the news story from OilWeek magazine.  
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Making it happen: New Brunswick moves forward as Atlantica's energy hub.
New Brunswick is committed to being the energy hub of Atlantica and is well on its way. Already six out of ten cars in Boston are powered with fuel produced at the Irving oil refinery in Saint John. The province is also moving toward electrical and clean energy generation. New Brunswick Deputy Minister of Energy, Claire LePage, explained the strategy at the Canadian Energy Forum in Halifax organized by the Energy Council of Canada.  
"There are no borders in North America when it comes to energy. New Brunswick is committed to being a strong partner with the US Northeast," she said. Her speech came just one month after New Brunswick and Maine committed to the Northeast Energy Corridor.
"The Northeast Energy Corridor would create a path to market to increase our region’s supply of secure, reliable and clean energy; attract investment; and create new economic development opportunities. It will also significantly accelerate the development of wind energy resources in both Maine and New Brunswick. This marks an important milestone in the development of a New Brunswick energy hub and in our partnership with the State of Maine. We have the potential to write a new chapter with respect to cross-border energy sector collaboration and partnerships.”
To read the complete speech, click here.
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Linking Up: North American cross border report released
To the Policy Research Initiative we say, “Welcome to Atlantica!” The PRI issued its final report entitled The Emergence of Cross-Border Regions Between Canada and the United States.
The report finds that higher bilateral trade intensities underline how much more the economies of neighbouring provinces and states now depend on each other. As well, analysis using a socio-cultural index shows that the northeast and northwest coastal regions are especially characterized by shared values. The socio-cultural values of Atlantic Canada are closer to those of the US east coast, while Alberta and British Columbia have socio-cultural values that are closer to those of the western part of the United States. It says that regional cross-border networks and organizations have proliferated since NAFTA, and provide a useful vehicle for bi-national business and community groups to work together on issues of mutual interest, often with the ultimate aim of problem-solving or creating local edges for success in the larger North American and global economies.
To read more, click here.
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Buying American: A policy that could backfire
In this op-ed in the Bangor Daily News, Perry Newman, founder and director of Atlantica Group, and an AIMS’ Board member, explains why the current cry to ‘Buy American’ can backfire. The Atlantica Group is a division of Pierce Atwood Consulting LLC, a global business development consultancy based in Portland, Maine and Boston, Massachusetts.  It assists business, governments and not-for-profit organizations in achieving international development objectives, with clients in North America, Europe and Israel.
To read this op/ed, click here.
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Opening trade: The challenges and opportunities
The CanadaU.S. border has been one of the most open in the world. But the word is changing and so is that border. Passports are now required of Canadians and Americans moving back and forth at all crossings. So how does one keep the trade moving between the two countries? This list of recommendations was created for the Obama Administration to help make it happen.
Click here to read more.
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Following the lead: Why the public sector can not and should not lead the charge for the Atlantic Gateway
In Canada, the federal government is throwing money at the Atlantic Gateway proposal through the Gateway Fund. This Commentary explains why people should not confuse the discussion on the Atlantic Gateway with that of the 2.1 billion dollar Gateway Fund. AIMS Executive Vice President Charles Cirtwill says government may be leading the Gateway Fund, but it is the private sector that should lead the Gateway concept.
To read this Commentary, click here.
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