The Beacon - May 27, 2017 | Volume XXIII, No. 11
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Good Day!

We hope you are enjoying the first weekend of June. Here at AIMS, we're excited to announce the date and speaker for our annual Chairman's dinner, and to tell you about a new study released on savings rates. 

Save the date: October 11th at Pier 21 we will welcome the Hon. Frank McKenna, former Ambassador to the USA and Premier of New Brunswick. Hosted by our Chairman John Risley, the annual Chairman's dinner is a can't-miss event. Please see full details below.

We have also released a new study examining household savings trends in Atlantic Canada. Authors David Murrell and Jackson Doughart find the Maritime provinces have had Canada's lowest personal savings rate over the past half-decade. Newfoundland and Labrador has fared better over this period.
On Wednesday, I was honoured to speak before the House of Commons Standing Committee on Citizenship and Immigration. In my presentation, I discussed the factors that hamper Atlantic Canada from retaining more immigrants.
As always, we extend our appreciation to our readers and supporters. If you are able, please consider a donation to the Institute from our online portal at All gifts are tax-deductible and go to supporting market-oriented research about Atlantic Canada's economy.
Until next time, Onward!
Marco Navarro-Genie
President & CEO


Household Savings in Atlantic Canada, 1981-2015

By Jackson Doughart and Dr. David Murrell

Household Savings in Atlantic Canada, 1981-2015 discusses a low rate of household savings by Maritimers. While New Brunswick has an improved savings rate from the previous decade (following a modest upturn throughout Canada), Prince Edward Island’s household savings have remained constant. Meanwhile, Nova Scotia’s have worsened, with an average annual savings deficit of over $1,000.

>>> Read the study

LISTEN: David Murrell speaks with CBC Mainstreet
LISTEN: Jackson Doughart speaks with Sheldon MacLeod Show



Wednesday, October 11
Reception at 6:00pm, dinner served at 7:00pm
Pier 21, 1055 Marginal Road, Halifax, NS
Tickets: $150 each, table of 10 seats $1500

The Annual AIMS Chairman’s Dinner will take place on October 11th at Pier 21 in Halifax. The Chairman’s dinner is a major event on the AIMS calendar and offers guests the opportunity to meet many inspiring members of the community and contribute to the Institute. 

The event is hosted by Mr. John Risley, O.C., Chairman of the Board of Directors. Mr. Frank McKenna will speak on trade and cross-border issues such as immigration, with the Atlantic Canadian position in mind.

Tickets are available for purchase online.  



with David MacKinnon
2:00pm Thursday, June 22nd
Halifax Central Library
BMO Community Room, 5440 Spring Garden Road

Mr. David MacKinnon will take stock of the challenges facing Atlantic Canada, specifically Nova Scotia, and talk about what we can do to change. He has written extensively on our regional dependence on transfers and how we can develop our economy to change this approach. He will also touch on our healthcare challenges, as healthcare continues to be a major issue of public policy, and the largest line item in most budgets.

Due to limited space, RSVP is required. The event is free to attend. 
Contact to RSVP. 


House Standing Committee on Citizenship and Immigration

AIMS supports greater immigration. But without correcting public policies that have set the region on its current path, retaining immigrants will continue to be difficult. >> Read More



As an important voice in advocating fiscal prudence and market solutions, AIMS is a vital institution for Atlantic Canada. The political and economic issues facing the region cannot be resolved by a further regime of dependence on the rest of Canada, or by levying a harsher tax burden upon Atlantic citizens and businesses. Going forward, bringing public expenditure within the bounds of our means is the only way to ensure that the pillars of government in our region – healthcare, education, and public services – remain viable.

Your charitable contribution now will help us build a stronger legacy and make a difference in the lives of Atlantic Canadians. Please consider contributing to AIMS.


Copyright © 2017 Atlantic Institute for Market Studies, All rights reserved.

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