Economy
Today, the Valley is still largely dominated by agriculture but also has a growing diversity in its economies, partly aided by the importance of post-secondary education centres provided by Acadia University in Wolfville, and the Nova Scotia Community College campuses located in Kentville, Middleton, Lawrencetown, and Digby.
Michelin has an important truck tire manufacturing plant in Waterville and the Department of National Defence has its largest air force base in Atlantic Canada located at CFB Greenwood along with an important training facility at Camp Aldershot, near Kentville.
Tourism is also an important industry and the Annapolis Valley is known for its scenic farmland, although today some is threatened with suburban development in the eastern end, and a great deal has been abandoned. The valley also struggles with pollution from farm runoffs and residential sewers in its two major rivers, the Annapolis River and the Cornwallis River.
The Valley is home to the annual Apple Blossom Festival, held in late spring. In July is the annual Steer Bar-B-Que in Kingston, and Heart of the Valley Festival in Middleton. August sees Mud Creek Days in Wolfville and the Annapolis Valley Exhibition in Lawrencetown. Bridgetown's Cider Festival comes in mid-September. Farmers markets in Annapolis Royal, Bridgetown, Middleton, Kentville, Kingsport, Berwick and Wolfville bring a wealth of fresh produce and other fine goods to the public every week. In the fall the Pumpkin People in Kentville entice the imagination.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)