Acadia University president Ray Ivany: The economic development report, written by a five-member panel led by Acadia University president Ray Ivany, says the province is in such bad shape that it is barely able to support its current standard of living. , according to CBC. Ivany said Nova Scotia's population is expected to decline over the next 20 years as young people continue to leave the province to search for work. By 2036, the province expects to have 100,000 fewer working-age people than it did in 2010, the report says. Nova Scotia is doomed to endure an extended period of decline unless population and economic trends are reversed and suspicious attitudes about business are changed, a report released Wednesday says. "Because of a combination of economic and demographic factors, we are teetering on the brink of long-term decline," Ivany told a news conference at a museum on the Halifax waterfront, where about 250 people gathered.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Nova Scotia, province topics.
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