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The series of special articles to follow is printed with the kind permission of Eastern Shore author and publisher Marike Finlay-de Monchy.

Beyond Buckshot
Dateline: June 2007
3rd in the "Not Rocket Science" Series

By: Marike Finlay - de Monchy

 


 

Not Rocket Science:
Low Capital Strategies for Creating Sustainable Development on the Eastern Shore

Part III

The Goal of Sustainability

The Eastern Shore has seen a substantial hemorrhage of its population over the past 30 years as various enterprises have shut down, and once abundant natural resources-wild salmon, hardwood, ground fish, gold-have become scarce. The ravages of clear cutting are more and more evident along the winding roadway that stretches through the region from Dartmouth to Canso, and then up to Mulgrave.

An important question faces all of us who live along this road: will this shore become a mere resource grab bag and dumping ground or could it become a kind of Costa Rica of Nova Scotia, a natural paradise that people seek to travel to from the world over? While it is unlikely that any major economic investments will be made in this area by the province in the near future, we believe that with a minimum of investment and a proper development strategy, this Shore could become an enviable jewel in Nova Scotia's crown with everything to gain and little to lose.

It is not necessary to place our hope for the Shore's salvation in large capital investments or major corporate enterprises. A number of small changes and unique entrepreneurial activities might contribute just as well or better to sustaining and rejuvenating our local Shore economies. According to Statistics Canada and Canadian Federation of Independent Business figures, approximately half of Canada's GDP, and more than half of the employment in Canada comes from small and medium enterprises (SMEs). 6 out of every 10 people in Canada are employed by small and medium enterprises.

Nova Scotia's rural economy is dominated by such businesses. According to the CFIB, "SMEs… are the recognized engine of job creation" in rural Nova Scotia, and "account for over half of total employment" in the province. In Canada, more than 90% of the firms that specialize in fishing, hunting, trapping, arts and sporting-related enterprises, real estate, securities and professional and technical services are small businesses with less than $500, 000 in annual revenues. 85% of forestry and logging enterprises are also on this scale, as are 87% of scenic and sightseeing transportation companies, and 82% of the companies involved in support activities for mining and oil and gas extraction.

It is clear that on the Eastern Shore, we must look to such small-scale enterprises for our growth and community well-being. In addition, recent data shows that the growth of such small-scale entrepreneurial efforts have not been affected by downturns in the stock market in the same way that large firms have, but continue, in many sectors, to do quite well.

In 2001, the CFIB made some strong, low-cost recommendations for strengthening rural Nova Scotia economies and businesses. These recommendations envision better collaboration between local businesses, schools, communities and government. How can small and medium businesses, communities, and schools on the Eastern Shore grow and prosper over the long haul?


Pulling the Shore Together

With a little cooperation among its residents, and support from the three levels of government, the Eastern Shore could be developed in ways that would preserve its natural beauty and its cultural heritage, and blow new wind into the sails of our provincial ship.

Some of these suggestions will require some coordinated effort from the communities that line the Shore, perhaps with the assistance of a community development strategist of some sort. Periodically, you hear of a depopulated town or area out West once a mining company closes up shop. These communities sometimes hire a development strategist to promote the community in a new manner and maintain its base and even growth. The Eastern Shore, at least from Musquodoboit to Canso, could greatly benefit from such a coordinator. Several priorities might be earmarked and facilitated by the strategist, local communities, and government. Individuals or small groups of interested persons (Chambers of Commerce, etc.) may also implement other suggestions.

In the following weeks I will introduce some particular strategies that we could follow to "Create a Recurring Revenue Stream".

Read Installments - 1, 2, 3, 4, 5, 6, 7, 8,

----------------------------

Marike Finlay - de Monchy taught Communications at McGill University and abroad, practiced psychoanalysis, carried out development work in Latin America, and managed an organic farm in Quebec.

Marike sailed to the Eastern Shore and loved it so much that she has since settled in West Quoddy where she runs a small writing, editing and publishing business.

Marike and Karin Cope are co-authors of "Casting a Legend - The Story of the Lunenburg Foundry".

"Casting a Legend - The Story of the Lunenburg Foundry"
Buy the Book Now!

Buy Karin Cope's book
"Passionate Collaborations: Learning to Live With Gertrude Stein"




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All contents © 1995 - 2007 Highway7.com unless otherwise attributed
Highway7 E-zine, a publication of Hatch Media, is an electronic journal with a focus on commercial, historical, cultural and ecological issues concerning the Eastern Shore of Nova Scotia in Canada. Topics include a growing resource of currently more than 300 articles. More articles and image galleries are added frequently as new material is brought to our attention. With Highway7.com, our primary aim is to serve, inform and reflect the rural communities on the Atlantic Coast of Nova Scotia, as well as to acquaint new residents, visitors, tourists, and investors with the special beauty and enormous potential of our region.
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