
NH Business: NH strategy to recruit and keep Canadian businesses despite fees from Washington & Otava
Welcome to the New Hampshire business. I’m Fred Kocher. The New Hampshire strategy recruits and holds Canadian businesses in New Hampshire. Despite tariffs from Washington and Otava, Governor Ayotte has signaled that she is on board. One of the reasons for New Hampshire’s business, climate and economy. Here are some quotes that I hope to bring work to our region. We are pretty desperate here in northern place. That rap state rapper Davis of Milan quotes. We have lost our production base. We have lost much of our cutting industry. That rap of the Mike Willette state in Colebrook. And here is a quota. My goal as a governor will always be to continue building economic opportunities with Canada. The governor said she is ready to go north of the border. Kelly Ayotte and finally, a quote from my guest, a report of foreign investments commissioned in 2023. The recommended development of a strategy and action plan to recruit Canadian firms in Quebec provinces, New Brunswick, Newfoundland, Labrador, Nova Scotia and Prince Edward Island. This is from New Hampshire, Executive Advisor Joe Kenney, who is with me to tell us what he is. Brewing between New Hampshire and Canada. Executive adviser Kenney represents most of the northern country. What I say from Lake Winnipesaakee on the Canadian border. Joe Kenney, welcome. Thank you for having me here today. Fred, you are. You are a circle also Dover in Rochester. Does it. Fred. Yes well. Let me ask you. You have talked to several companies in Northern New Hampshire, such as Ethna and Industry based on Littleston and Groveton for their current cross -border business in Canada. What are the companies telling you, especially for fees? Well, I think there is a sense of uncertainty and they want predictability within their business model. And so they are some kind of waiting and see mode at this point. They are creating different strategies or action plans to respond to the tariff if implemented. But I think at this point they are a kind of waiting. He had been able to expand to Groveton here recently, but I think they will wait and see until they do it. That’s rodenbach, that’s rodenbach. But what do they do? Rodenbach. Well, they make a kind of steel fiction claw if you want, where they get, get logs, logs, they get the scrap metal. And so it is very innovative technology. The quotas we put on screen a minute ago, there are two repetitions of the state from Ireland and Colebrook saying they have lost the production base and they have lost a large portion of the cutting industry work. If this is the case, how does the northern country cure from this? Well, I think there is definitely a big push for the outdoor economy, but I still think there are many promises of production. And I think this is really with our Canadian partners, because we already have many products taking place in the north of New Hampshire with foreign -based Canadian companies for which New Hampshire really doesn’t know. And this is rodenbach, this is Kheops International, this is Boelter, this is Gen Foot America, this is the UP codes in Colebrook. There are many companies that make production in some of them are Canadian companies. They are all Canadian companies. They are all Canadian. They are all Canadian companies based on Northern New Hampshire, based in Northern New Hampshire. There are literally hundreds of jobs that are Canadian -based companies that offer work to Americans. So they are caught between the tariffs by both countries. They are absolutely. But you are familiar with the 2023 Foreign Investment Report from Plymouth State University. New Hampshire recommended to develop a strategy and action plan to recruit more Canadian firms from Quebec provinces, Nova Scotia and some other provinces. Is this working? Well, we have the report that will be published in hope if it has not been already, produced by Pierre Harvey, who is a consultant who built his plan. This is coming with recommendations. One of the things is that Harvey not the Plymouth state. No, this is another study that is coming here now. But reality is Canadian companies, when they, when they learn about New Hampshire, really get excited, they look at our low income tax structure. They look at the fact that we do not have an inventory tax. They look like, wow, we could plan our business here and we can find talent. We can work with the community college system, the university system. We can develop our work power. We have the ability to be a representative through us, to be a lamontagne, understand the business environment, how to make the tax tax. What are the work limitations? What are some of the regulatory restrictions? And really, what is your view? I mean, you represent the northern place. You go all that country, part of the state. I see you in every community over time. What is your view of the future of the northern country? I think it’s an exciting perspective. I think there are many options there. There is a lot of enthusiasm in the northern place, the northern place is being rediscovered not only for its natural resources, but for its small environment and the business friendly environment. I think we really have a good future, and I want to thank Joe Kenney, Executive Advisor to One County, who is most of the northern country. Thank you, Fred, nice to have you here. If you have lost part of this conference in northern New Hampshire, you can
NH Business: NH strategy to recruit and keep Canadian businesses despite fees from Washington & Otava
Executive adviser Joe Kenney sits with Fred Kocher to discuss the state’s strategy to hold and recruit companies in New Hampshire despite tariffs between the United States and Canada.
Executive adviser Joe Kenney sits with Fred Kocher to discuss the state’s strategy to hold and recruit companies in New Hampshire despite tariffs between the United States and Canada.