HALIFAX – A former university president will lead an independent review of the Nova Scotia government’s economic development assistance programs.
Former Dalhousie president Tom Traves will look at loans, loan guarantees, grants, equity and payroll rebates and is to make recommendations on how the government can better assist economic growth in the province.
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The provincial government says he will speak with key business groups and leaders.
He will be assisted by an Ontario-based consulting firm in gathering research, which will include looking at best practices and examining ways to improve accountability.
Gilles Durufle, a venture capital consultant, and the Sobey School of Business at Saint Mary’s University will also conduct research on the impact of the province’s venture capital investments.
Traves will be paid about $40,000 for his work while, while consulting company Millier Dickinson Blais Inc. will get $67,000.
The government, which announced its plans for the review last month, says the Sobey School of Business and Gilles Durufle Consulting will be paid $65,000.
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