Essay Writing Example | Topics and Well Written Essays - 1500 words

Writing - Essay Example Before delving deep into the governance and economic systems of CBRM, is it important that we consider the problems faced by the province in recent years. It had once grown into an industrial slump, hit by depression and uncertainty. CBRM was perhaps was affected more than any other province in Canada. This gave rise to poor financial condition, poverty and unemployment. Thus, formulating the fiscal and economic policies has become a challenge for CBRM in present times. This paper aims at examining the governing system of CBRM, it fiscal and economic sustainability and policies for the same. This paper throws a good amount of light on the practices, policies undertaken and their outcomes. CBRM holds an important position when it comes to local administration (Impressions of Cape Breton, 1986, p 263). The crisis of DOSDO during 1966- 1967, has shaped up the political map of CBRM. Since then local political sensibility has controlled CBRM’s development, though political strategies implemented by the new government has succeeded in lessening political fragmentation within the province (Gagnon and Keating, 2012, p 110-111). In spite of following the policy of no amalgamation with other municipalities within the province of Nova Scotia, all the municipal corporations cooperate with each other. Generally municipalities which share any similar characteristics cooperate with each other. Thus there exists a relation based on cooperation among CBRM and another municipality HRM. The revenue that is earned is divided among the amalgamated provinces. Therefore, conflicts often occur over fair distribution of provincial revenues. Also, political lobbying also has its say wh en it comes of attention from Canadian government and share of resources (Sancton and Andrew, 2009, p 168). The amalgamation took place as a measure to reduce the annual expenditure. It was