Northern Economist 2.0

Monday 17 July 2017

Economic News Around the North: July 17th Edition

Well, a number of interesting items have come to my attention with respect to stories with an economic impact on northern Ontario.  However, it is summer and peak travel season so I think I will keep things short and a bit more eclectic than usual, but with a tourism focus.

To start off, it would appear that tourism efforts in White River, Ontario may be all for naught given the reaction of the Chinese government to Winnie the Pooh.  According to a BBC story, Winnie the Pooh is being blocked in China because images of Pooh are being used to represent China's President Xi Jinping in social commentary and criticism. 




Winnie-the-Pooh may be the world's most beloved bear but apparently the love stops in Beijing where government censors cannot "bear" the images.  White River has of course gone to great lengths to market its link to the character and everyone who has driven the highway has invariably stopped at the roadside statue of the Pooh.

 

No doubt, White River and its citizens will now join the list of subversive elements being monitored by the Chinese government and the Pooh Hometown Festival held the third week of August will acquire new cachet and international significance.  Mark August 18th down in your travel calendar.

In other northern news stories with some relation to tourism and the economics of tourism and travel:

Thunder Bay's Hotel Boom shows no sign of slowing. Northern Ontario Business. July 12th, 2017.

Sudbury Casino would drain economy: report. Nugget.ca. June 27th, 2017.

Thunder Bay Tops Best Places to Live in Northern Ontario. Tbnewswatch. July 6th, 2017.

Well, given Thunder Bay's recent spate of bad news, the above ranking by MoneySense qualifies as good news though the story does qualify the ranking by noting that nevertheless, Thunder Bay barely makes the top 100 ranking only 97th overall (out of 400).

Summer is also the season of festivals and events and the economic impact of these festivals is important.

Few weeks before festival financial picture is clear: Mayor. Timmins Press.ca. July 5th, 2017.

Temiskaming Shores first-ever craft beer festival already sold out. CBC News Sudbury. July 11th, 2017.

Sturgeon Falls festival serves up Rock 'n Ribs. Nugget.ca. July 16th, 2017.

And if you are in Thunder Bay and at Hillcrest Park on Thursday evenings, there is always the MacGillivray Pipe Band which is celebrating its 100th anniversary this year.



And speaking of MacGillivray, what would William MacGillivray (b. 1764, d. 1825; Chief Director of the Northwest Company) who managed a commercial fur trade empire that extended A Mare usque ad Mare and after whom Fort William, the inland headquarters of the Northwest Company was named, think of this?

Have a great week!