Economy
Grand Manan's economy is still dependent upon fishing, aquaculture and tourism. Lobster, herring, scallops and crab are most commonly sought among fishermen. Together with ocean salmon farms, dulsing, rock weed and clam digging, many residents make their living "on the water".
Tourism is growing significantly, providing the island with a highly profitable "green" industry. Whale and bird watching, camping and kayaking are popular activities for tourists. Visitors and retirees often purchase real-estate and remain on the island through the summer months or reside permanently as every necessary amenity exists for people of all ages. Approximately 54% of the island is owned by non-residents. The community is noted for its friendly people, low crime rate, high church membership, quaint villages, and unspoiled sea-scapes.
Read more about this topic: Grand Manan Island
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)