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Finance committee  Thank you, Chair. I am surprised to hear that comment; on the other hand, I'm not surprised. What we find, from our point of view, is that there are different agencies in the federal government, and the teams don't like to play in the same sandbox. If there is innovation money

October 17th, 2016Committee meeting

Paul Fudge

Finance committee  Certainly. We agree that, if there were a federal component matched to our provincial component.... As I mentioned earlier, one of the issues is attracting venture capital from other regions of Canada to New Brunswick. If there were an incentive for investors to come to New Bruns

October 17th, 2016Committee meeting

Paul Fudge

Finance committee  To reiterate, there is always access to capital. The problem New Brunswick specifically has is that there's just not enough. For good projects, what we're seeing now is that our companies are heading outside the region. Venture capital firms in Boston, California, and Toronto are

October 17th, 2016Committee meeting

Paul Fudge

Finance committee  There are opportunities for more investment for certain types of businesses, as Ms. Ross has indicated. There are educational programs for entrepreneurs in the major cities in New Brunswick. We find that some of the programs that are available from the federal or provincial side

October 17th, 2016Committee meeting

Paul Fudge

Finance committee  Thank you, Chair and committee members. I am Paul Fudge, representing Opportunities New Brunswick. We are the provincial crown corporation responsible for trade and export, investment attraction, and business development within the province. Specifically this morning, I've been

October 17th, 2016Committee meeting

Paul Fudge