David Ganong has been elected Chair of the New Brunswick Business Council. Ganong is replacing Derek Oland of Moosehead Breweries.
In a release, Ganong says he is focused on areas of concern including a 'greying' population putting more pressure on us to grow a skilled population to offset lower tax revenues and higher health costs.
He also says despite good efforts the province continues to depend on Ottawa's transfer payments for over 40% of its public spending leaving us vulnerable to economic downturns or changes in the revenue sharing formula in the Canadian Federation.