Business New Brunswick

Business New Brunswick

The Department of Economic Development is a department in the Government of New Brunswick. It is charged with stimulating economic prosperity and global competitiveness in the province.

Created in 1944 during war time as the Department of Industry and Reconstruction, the Department has since had several name changes and has been known as the Department of Industry, Department of Economic Growth, and Department of Economic Development, Tourism and Culture.

The department was renamed Business New Brunswick on March 23, 2000 when Premier Bernard Lord restructured the New Brunswick Cabinet. It was created by subdividing the then Department of Economic Development, Tourism and Culture. It was enlarged on October 9, 2001 when it absorbed the Department of Investment and Exports which has also been originally created from Economic Development, Tourism and Culture.

On October 12, 2010, new premier David Alward named a minister of economic development with responsibility for Business New Brunswick. The name of the department was officially changed to the Department of Economic Development on December 17, 2010.

Read more about Business New Brunswick:  Ministers

Famous quotes containing the word business:

    In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds ... for it means that the most expensive restaurants are, with rare exceptions, the worst.
    John Kenneth Galbraith (b. 1908)