Insights with Don Mills and David Campbell- An Acadia Broadcasting Podcast

Don Mills & David Campbell

This podcast combines the experiences of an economist, David Campbell and a social scientist, Don Mills, to explore the challenges and opportunities facing Atlantic Canada, to promote data-driven decision making among policymakers and to encourage a wider dialogue and debate leading to greater prosperity for the region. Expect to hear interviews with the top influencers, business leaders and decision-makers across Atlantic Canada to inform, educate and expand the conversations on the key issues facing the region.

  1. Jul 16

    The Largest Blueberry Producer in the World

    This week's Insight Podcast features an in-depth and  revealing conversation with Lee Bragg, the Executive Vice Chair of Eastlink, one of the companies in the Bragg Group of Companies, one of Atlantic Canada's most successful family companies. The early history of the Bragg family was in forestry, but John Bragg's decision to build a manufacturing facility in Oxford in 1968 marked the beginning of the shift of the wild blueberry sector from a cottage industry to a scalable, large-scale business. In 1968, the total production of wild blueberries in North America was about 200,000 pounds. Now, production exceeds 140 million pounds annually. Today, Oxford Frozen Foods represents nearly half of all the blueberries produced in North America and has plants in Nova Scotia, New Brunswick and Maine with 220 million pounds of storage capacity. Along the way, the company has become the largest beekeeper in Canada, with nearly 40,000 hives to pollinate its 45,000 acres of blueberry fields under its management. Employment at the Bragg Group peaks at nearly 10,000 during the growing season. The Group of Companies includes airport services, renewable energy, forestry,  cable, hospitality (including the Rodd Hotel Chain and Cabot Cliffs and Links) and real estate development. The company recently purchased 435,000 acres of forest land, previously owned by Northern Pulp, from the Province of Nova Scotia, making Bragg's one of the largest landowners in the province. This podcast is a rare insider view of a spectacularly successful company.

    The Largest Blueberry Producer in the World
  2. Jul 9

    Newfoundland & Labrador Equity Stake in Offshore Oil Has Proven Profitable

    Thanks to former Premier Danny Williams, Newfoundland & Labrador has a state owned oil company. Williams wanted his province not only to benefit from the royalties from offshore oil but to have the benefit of ownership as well. This led to the creation of  the Oil & Gas Corporation of Newfoundland & Labrador (OilCoNL), the crown corporation that holds equity in three major oil fields, Hebron, White Rose  and Hibernia. The company originally began as a division of Nalcor before becoming a crown corporation in 2019.    Our podcast this week features a very interesting conversation with Jim Keating, the CEO and employee number one with OilCo who provided a comprehensive overview of the financial return associated with a state owned oil company and the enormous opportunity of the province's offshore oil & gas sector.  The province earned $1.5 billion in royalties from the offshore in the last month alone. The offshore oil sector provides about 20% of the province's annual GDP. OilCo now has accumulated $1.3 billion in assets as a result of its investments to date and earned nearly $800 million in dividends since 2010. Keating indicated that Oilco has a legislated right to purchase up to 10% equity in any new discovery that leads to a producing well. The company is expected to take equity in the Bay du Nord project which is expected to be confirmed in early 2027. Bay du Nord's initial phase is expected to generate 500-600 barrels of oil over its lifetime and is the first of several phases. There are interesting lessons for Nova Scotia in the success of OilCo as it attempts to restart its offshore oil & gas sector.

    Newfoundland & Labrador Equity Stake in Offshore Oil Has Proven Profitable

About

This podcast combines the experiences of an economist, David Campbell and a social scientist, Don Mills, to explore the challenges and opportunities facing Atlantic Canada, to promote data-driven decision making among policymakers and to encourage a wider dialogue and debate leading to greater prosperity for the region. Expect to hear interviews with the top influencers, business leaders and decision-makers across Atlantic Canada to inform, educate and expand the conversations on the key issues facing the region.

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