Welcome to BoostNB. This website will be continuously updated by post-secondary Economics students in New Brunswick. The goal of BoostNB is to provide you with easy access to straight-forward, fact-based information about the New Brunswick economy.

Is our province progressing toward recommended economic goals or is it moving backwards?

​We have compiled our research into themes represented by the images below. 
Picture
GROWTH & PRODUCTIVITY
Picture
LABOUR FORCE POPULATION EDUCATION & TRAINING
Picture
INVESTMENT
Picture
NATURAL RESOURCES
Picture
INNOVATION & R&D

GOALS Overview
​

​GOAL 0: REAL GDP GROWTH
New Brunswick will experience an upward trend that returns its GDP growth rate to 2008 levels. ​ 
​GOAL 1: INTERPROVINCIAL MIGRATION
New Brunswick will average a net gain of 800 working-age persons per year. ​
GOAL 2: INTERNATIONAL IMMIGRATION
New Brunswick will receive a percentage of international immigrants equal to its national population share (~2.10%). ​
GOAL 3: RETENTION OF INTERNATIONAL STUDENTS - coming soon 
GOAL 5: VALUE OF EXPORTS
New Brunswick will increase the value of its total annual exports from $20.9 billion* to $31.4 billion* by 2028. *Prices in 2017 constant dollars
GOAL 6: FIRMS PARTICIPATING IN FOREIGN EXPORT TRADE
By 2028, New Brunswick will have at least 1,080 firms participating in foreign export trade. 
GOAL 7: LABOUR FORCE PARTICIPATION
New Brunswick will have a labour force participation rate equal to or higher than the national rate by 2028. 
GOAL 8: ABORIGINAL AND FIRST NATIONS EMPLOYMENT RATES
The employment rate for Aboriginal and First Nations persons in New Brunswick will be equal to the provincial employment rate by 2024. 
GOAL 9: YOUTH EMPLOYMENT
New Brunswick will decrease its provincial youth unemployment rate so that it is equal to or less than the national rate by 2024. 
​GOAL 10: POST-SECONDARY EDUCATION & TRAINING
By 2028, New Brunswick’s working-age population will have a post-secondary education attainment rate equal to or greater than the national average. 
GOAL 11: POST-SECONDARY EDUCATION RESEARCH AND DEVELOPMENT
By 2028, New Brunswick will have doubled funding for post-secondary education research and development to $110 million. Prices in 2017 constant dollars
GOAL 14:  - TOURISM EXPANSION 
​New Brunswick will increase the amount of GDP generated through tourism by 57%, reaching $2 billion by 2025. ​
GOAL 15: FISHERIES AND AGRICULTURE
New Brunswick's seafood and agricultural product exports will be worth $2 billion or more by 2024.  
GOAL 16: MINING IN NEW BRUNSWICK
New Brunswick will reconsider the potential for the mining industry to serve as a critical source of GDP growth.
GOAL 17: PROVINCE WIDE PLAN 
GOAL 18: LEAD LONG TERM PLANNING 
GOAL 19: NET DEBT-TO-GDP RATIO
​By 2028, New Brunswick's net debt-to-GDP ratio will be 30% or lower. 
GOAL 20: NON-GOVERNMENT EMPLOYMENT 
New Brunswick will increase the number of non-government employees in the province from 245,600 to 300,000 by 2028.
GOAL 21: NON-RESIDENTIAL PRIVATE SECTOR INVESTMENT
By 2028, New Brunswick will reverse the negative trend in real non-residential private sector investment and will reach 2008 levels once more. 
GOAL 23: LABOUR PRODUCTIVITY
By 2028, the labour productivity levels in New Brunswick's manufacturing sector will be equal to or greater than national levels. 
GOAL 24: FORESTRY IN NEW BRUNSWICK 
The forest industry in New Brunswick will return to its pre-2004 trend growth. ​