Here are the results of the $1M N.L. economic diversification report | CBC News
Marketing berries and honey, building a hotel and spa on
Newfoundland’s west coast and speeding up the development of an offshore
oil operation centre.
Newfoundland’s west coast and speeding up the development of an offshore
oil operation centre.
These are just some of the recommendations
in a report on how to diversify Newfoundland and Labrador’s economy
— which the government initially wasn’t going to reveal until after the
provincial budget.
McKinsey & Company, a New York-based
management-consulting firm with offices in Canada, was paid $1 million
by the provincial government for the report, which lists 12 ways to help
add 30,000 new jobs by 2030 and increase the GDP of between $5 billion
and $12 billion.