Economy
Grand Manan's economy is still dependent upon fishing, aquaculture and tourism. Lobster, herring, scallops and crab are most commonly sought among fishermen. Together with ocean salmon farms, dulsing, rock weed and clam digging, many residents make their living "on the water".
Tourism is growing significantly, providing the island with a highly profitable "green" industry. Whale and bird watching, camping and kayaking are popular activities for tourists. Visitors and retirees often purchase real-estate and remain on the island through the summer months or reside permanently as every necessary amenity exists for people of all ages. Approximately 54% of the island is owned by non-residents. The community is noted for its friendly people, low crime rate, high church membership, quaint villages, and unspoiled sea-scapes.
Read more about this topic: Grand Manan Island
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)