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Is Atlantica’s downfall Panama, or itself?

Article by Alec Bruce

Early last month, to the delight of those who dream of a coherent economic trade zone between Canada’s East Coast and New England, Irving Oil announced that by early next decade it will double its refining capacity, triple its workforce and, in the process, inject vast sums of private capital into the cross-border economy.

The news was covered with predictable enthusiasm by every major print and broadcast outlet in New Brunswick, some stretching the limits of credulity by predicting that the massive expansion will generate as much as $17 billion in tangentially related commercial benefits for Saint John, the province, and all international environs to the southeast. It won’t, but that’s not the point.

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Read the whole story here: Is Atlantica’s downfall Panama, or itself?

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What is Atlantica and Why Are We Against It?

Atlantica, the International Northeast Economic Region (AINER), is charting a course towards breaking down barriers for big business in Atlantic Canada, Eastern Quebec, and the Northeast United States.

While Atlantica acknowledges economic distressed regions of Newfoundland, New Brunswick, and Nova Scotia, it seeks to perpetuate local economic hardship in these regions by lowering minimum wage and concentrating economic wealth in a proposed Atlantica triangle.

This proposed triangle includes Connecticut and spreads to the three points of Boston, Albany and New York. Proponents of Atlantica, Atlantic Canada's business elite and their policy research arms, blame 'too much government' as economic burdens in our region when in reality it is the cheap sell off of our public resources, privatization of our public services and other concessions for large corporations.

Read the rest of our Declaration here: Declaration Against Atlantica

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Is Atlantica’s downfall Panama, or itself?

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What is Atlantica and Why Are We Against It?