Norman M. Betts (born April 1, 1954 in
Doaktown, New Brunswick
Doaktown (2016 population: 792) is a Canadian village in Northumberland County, New Brunswick.
History
Situated on the Southwest Miramichi River and first settled in 1807 as a base for the growing lumber industry in central New Brunswick, Uni ...
) is a Chartered Accountant, university professor, and former provincial
politician
A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...
.
Norman Betts graduated from the
University of New Brunswick
The University of New Brunswick (UNB) is a public university with two primary campuses in Fredericton and Saint John, New Brunswick. It is the oldest English-language university in Canada, and among the oldest public universities in North Americ ...
(UNB) in 1978 with a
Bachelor of Business Administration
Bachelor of Business Administration (BBA) is a bachelor's degree in business administration awarded by colleges and universities after completion of undergraduate study in the fundamentals of business administration and usually including advanced ...
degree and went to work for a firm of chartered accountants in
Fredericton, New Brunswick
Fredericton (; ) is the capital city of the Canadian province of New Brunswick. The city is situated in the west-central portion of the province along the Saint John River, which flows west to east as it bisects the city. The river is the do ...
with whom he remained associated until 1988. In 1991, he obtained a
PhD in Management (accounting and finance) from
Queen's University in
Kingston, Ontario
Kingston is a city in Ontario, Canada. It is located on the north-eastern end of Lake Ontario, at the beginning of the St. Lawrence River and at the mouth of the Cataraqui River (south end of the Rideau Canal). The city is midway between Toro ...
. The following year joined the Faculty of Business Administration at the University of New Brunswick as an
associate professor
Associate professor is an academic title with two principal meanings: in the North American system and that of the ''Commonwealth system''.
Overview
In the ''North American system'', used in the United States and many other countries, it is a ...
where he held various responsibilities including Assistant Dean of the
Master of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
program.
In 1997, Norman Betts was an unsuccessful candidate for the leadership of the
Progressive Conservative Party of New Brunswick
The Progressive Conservative Party of New Brunswick is a centre-right, conservative political party in the Canadian province of New Brunswick. The party has its origins in the pre-Canadian confederation Conservative Party that opposed the granti ...
in a contest won by
Bernard Lord
Bernard Lord (born September 27, 1965) is a Canadian lawyer, business executive and former politician. He served as the 30th premier of New Brunswick from 1999 to 2006. Lord was appointed as board chair of Ontario Power Generation in 2014.
Early ...
. The Party was voted in power in the
1999 New Brunswick general election
The 1999 New Brunswick general election was held on June 7, 1999, to elect 55 members to the 54th New Brunswick Legislative Assembly, the governing house of the province of New Brunswick, Canada.
Campaign
The election marked the debut of both C ...
and Betts won a seat in the
Southwest Miramichi
Southwest Miramichi-Bay du Vin (french: Miramichi-Sud-Ouest-Baie-du-Vin) is a provincial electoral district for the Legislative Assembly of New Brunswick, Canada. It was created as Southwest Miramichi in 1973, by which name it was known until 20 ...
riding and was immediately appointed
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
. Betts held the position until October 9, 2001 when he was made the
Minister of Business New Brunswick.
In the
June 9, 2003 New Brunswick general election, Norman Betts lost his seat to
Liberal Party
The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left.
__TOC__ Active liberal parties
This is a li ...
candidate,
Rick Brewer
Rick Brewer (born in Stanley, New Brunswick) is a New Brunswick businessman and politician, and a former assistant pastor.
Early life
Brewer was the son of Richard C. Brewer and Emma Hanson. He was an assistant pastor in the Pentecostal Churc ...
. Betts then returned to his teaching job at the University of New Brunswick. He has served on the
board of directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of several companies including
Tembec Inc. and on the board of the
Nature Conservancy
The Nature Conservancy (TNC) is a global environmental organization headquartered in Arlington, Virginia. it works via affiliates or branches in 79 countries and territories, as well as across every state in the US.
Founded in 1951, The Natu ...
for the
Atlantic Canada
Atlantic Canada, also called the Atlantic provinces (french: provinces de l'Atlantique), is the region of Eastern Canada comprising the provinces located on the Atlantic coast, excluding Quebec. The four provinces are New Brunswick, Newfoundlan ...
region. In 2005, he was appointed to the Advisory Committee of the Atlantic Canada Chapter of the
Institute of Corporate Directors Institute of Corporate Directors (ICD) is primarily an institute of, for and by corporate directors established in the Philippines. It is made up mainly of individuals and reputational agents committed to the professional practice of corporate dire ...
.
Norman Betts was appointed to the board of directors of the
Bank of Canada
The Bank of Canada (BoC; french: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surveys: Ca ...
in June 2014.
References
Norman M. Betts profile at the University of New BrunswickNorman M. Betts profile at the Bank of Canada
{{DEFAULTSORT:Betts, Norman
1954 births
University of New Brunswick alumni
Queen's University at Kingston alumni
Canadian accountants
Canadian educators
Academic staff of the University of New Brunswick
Progressive Conservative Party of New Brunswick MLAs
Members of the Executive Council of New Brunswick
People from Northumberland County, New Brunswick
Canadian people of English descent
Living people
21st-century Canadian politicians
Finance ministers of New Brunswick