Local Economic Development Issues Facing Canadian Communities in the 1990's

Authors

  • Kevin Donahue
  • Robert Scarpelli

Keywords:

Trade Regulations, External Economic Factors, Local Assets, Issues in Economic Growth, Future Economic Growth

Abstract

Canadian communities have confronted the evolving economic landscape. External economic development factors include: Global Economy and Canadian Competitiveness, Structural Change, Fiscal Inflexibility, and the Role of Leadership. The control exercised by national and provincial governments over their economies have eroded and the manufacturing sector that has been affected is more pronounced. Trade regulations, the structure of a nation's demographic profile and evolution of industrial base or make-up is shaping the society and economy. Local economic development initiatives must seek to build upon the strengths of the six major types of existing local assets that communities possess. Communities need to solve some economic issues to pursue future economic growth.

Author Biographies

Kevin Donahue

Kevin Donahue is a Principal in the Real Estate Group of Coopers & Lybrand, a firm of Chartered Accountants and Business Consultants. He has overseen numerous economic impact assessments for many types of real estate development and consulted to municipal governments developing growth management
and development strategies.

Robert Scarpelli

Robert Scarpelli is a Senior Consultant in the Real Estate Group of Coopers & Lybrand, a firm of Chartered Accountants and Business Consultants. With a background in local economic development, economic impact analysis and market feasibility assessment, he has worked on a variety of major studies for both public and private sector clients.

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Published

2021-01-25

How to Cite

Donahue, K., & Scarpelli, R. (2021). Local Economic Development Issues Facing Canadian Communities in the 1990’s. Economic Development Journal of Canada, 31–35. Retrieved from https://ecdev.journals.yorku.ca/index.php/default/article/view/172