Regional Development Corporation

The Regional Development Corporation is the provincial Crown Corporation that plans, coordinates and implements regional and economic development initiatives for the Province of New Brunswick.

Mission Statement:

Working in partnership to support the development priorities of New Brunswick.

Role & Objectives:

The primary role of the Regional Development Corporation is to work with other governmental agencies, institutions and not-for-profit groups to ensure that economically challenged regions within New Brunswick are provided with the necessary tools and infrastructure required to attain their full potential in terms of community and economic development.

The Corporation is the lead provincial agency in the planning and negotiation of all Canada – New Brunswick economic development and infrastructure agreements save and except for highways. The Corporation also makes recommendations to Cabinet concerning provincial economic development priorities.

The Regional Development Corporation is also assigned, from time to time, specific initiatives and projects as directed by Cabinet.

The broad range of objectives and powers afforded the Corporation, per its enabling legislation, combined with its involvement in all economic development agreements, save and except Highways, provides government with an organization having:

a) The ability to react quickly to unforeseen situations as identified by Cabinet

b) The power to finance and implement projects which cut across the mandates/responsibilities of several government departments

c) The financial flexibility to allocate funding between agreements and programs as circumstances warrant

d) A broad knowledge of activities taking place in the regional economic development field

e) Expertise and speed in recovering funding due from Canada under cost-sharing agreements

f) A board of directors which enhances co-operation and coordination among the deputies of economic departments in support of the Government’s priorities

Minister (Minister's Office)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

President (Deputy Head's Office)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

Corporate Secretariat (Secretariat)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

Programs (Division)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

Programs (Section)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

Financial Services (Unit)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.

Development and Special Initiatives (Division)

Under the Regional Development Corporation Act, the mandate of the Corporation is to:
a) administer and manage development agreements between the Province of New Brunswick and the Government of Canada;
b) assist in the establishment and development of enterprises and institutions operated by corporations, trusts, partnerships, societies and individuals;
c) assist in the establishment and development of facilities relating to tourism and recreation;
d) assist municipalities in planning and development works or projects of benefit to the general public;
e) prepare plans for regional development;
f) coordinate and guide regional development; and
g) carry out other duties assigned by the Lieutenant-Governor-in-Council.