New Economic Cycle in Northern Periphery: A Reading of the First Decade

Within the vast northern periphery of Quebec, the annual capital almost doubled over the 2000s. This impulse of a new cycle of growth coincides with a slowdown in job creation. Such effects on the mode of development is part of a multi-dimensional and transitional movement within global peripheries requested to supply, of their raw materials, high urbanization in emerging economies. For this purpose in Quebec, the Nordic economic sectors of construction, extraction, processing, and services react differently during the observed period. According to our analysis, four elements are added to the difficulties of the forest industry to explain the disappointing conclusion about Nordic employment, namely: the technological intensification, the importation of equipment and materials, the commuting workers (fly in - fly out), and the low attractiveness of the manufacturing sector. Our reading leads us to propose two avenues for reflection on real territorial development.