Norman Betts
Encyclopedia
Norman M. Betts is a Chartered Accountant, university professor, and former provincial politician
.
Norman Betts graduated from the University of New Brunswick
(UNB) in 1978 with a Bachelor of Business Administration
degree and went to work for a firm of chartered accountants in Fredericton, New Brunswick
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
. The following year joined the Faculty of Business Administration at the University of New Brunswick as an associate professor where he held various responsibilities including Assistant Dean of the Master of Business Administration
program.
In 1997, Norman Betts was an unsuccessful candidate for the leadership of the Progressive Conservative Party of New Brunswick
in a contest won by Bernard Lord
. The Party was voted in power in the 1999 New Brunswick general election
and Betts won a seat in the Southwest Miramichi
riding and was immediately appointed Minister of Finance
. 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
candidate, Rick Brewer
. Betts then returned to his teaching job at the University of New Brunswick. He has served on the Board of Directors
of several companies including Tembec Inc. and on the Board of the Nature Conservancy for the Atlantic Canada
region. In 2005, he was appointed to the Advisory Committee of the Atlantic Canada Chapter of the Institute of Corporate Directors
.
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
.
Norman Betts graduated from the University of New Brunswick
University of New Brunswick
The University of New Brunswick is a Canadian university located in the province of New Brunswick. UNB is the oldest English language university in Canada and among the first public universities in North America. The university has two main campuses: the original campus founded in 1785 in...
(UNB) in 1978 with a Bachelor of Business Administration
Bachelor of Business Administration
The Bachelor of Business Administration is a bachelor's degree in Commerce and business administration. In most universities, the degree is conferred upon a student after four years of full-time study in one or more areas of business concentrations; see below...
degree and went to work for a firm of chartered accountants in Fredericton, New Brunswick
Fredericton, New Brunswick
Fredericton is the capital of the Canadian province of New Brunswick, by virtue of the provincial parliament which sits there. An important cultural, artistic, and educational centre for the province, Fredericton is home to two universities and cultural institutions such as the Beaverbrook Art...
with whom he remained associated until 1988. In 1991, he obtained a PhD
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
in Management (accounting and finance) from Queen's University
Queen's University
Queen's University, , is a public research university located in Kingston, Ontario, Canada. Founded on 16 October 1841, the university pre-dates the founding of Canada by 26 years. Queen's holds more more than of land throughout Ontario as well as Herstmonceux Castle in East Sussex, England...
in Kingston, Ontario
Kingston, Ontario
Kingston, Ontario is a Canadian city located in Eastern Ontario where the St. Lawrence River flows out of Lake Ontario. Originally a First Nations settlement called "Katarowki," , growing European exploration in the 17th Century made it an important trading post...
. The following year joined the Faculty of Business Administration at the University of New Brunswick as an associate professor where he held various responsibilities including Assistant Dean of the Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
program.
In 1997, Norman Betts was an unsuccessful candidate for the leadership of the Progressive Conservative Party of New Brunswick
Progressive Conservative Party of New Brunswick
The Progressive Conservative Party of New Brunswick is a centre-right political party in New Brunswick, Canada. It has its origins in the pre-Canadian confederation Conservative Party that opposed the granting of responsible government to the colony...
in a contest won by Bernard Lord
Bernard Lord
Bernard Lord, ONB, QC, is a Canadian politician and lobbyist. Lord served as the 30th Premier of New Brunswick from 1999 to 2006.-Early life:...
. The Party was voted in power in the 1999 New Brunswick general election
New Brunswick general election, 1999
The 34th 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. It marked the debut of both Camille Thériault and Bernard Lord as leaders of the Liberals and...
and Betts won a seat in the Southwest Miramichi
Southwest Miramichi
Southwest Miramichi is a provincial electoral district for the Legislative Assembly of New Brunswick, Canada.-MLAs:*Morris Green, Liberal *Brent Taylor, CoR *Reg MacDonald, Liberal *Norm Betts, PC...
riding and was immediately appointed Minister of Finance
Department of Finance (New Brunswick)
The Department of Finance is a part of the Government of New Brunswick. It is charged with New Brunswick's budgetary and tax policy and headed by the finance minister....
. Betts held the position until October 9, 2001 when he was made the Minister of Business New Brunswick
Business New Brunswick
Business New Brunswick is a department in the Government of New Brunswick. It is charged with stimulating economic prosperity and global competitiveness in the province....
.
In the June 9, 2003 New Brunswick general election
New Brunswick general election, 2003
The 35th New Brunswick general election was held on June 9, 2003, to elect 55 members to the 55th New Brunswick Legislative Assembly, the governing house of the province of New Brunswick, Canada...
, Norman Betts lost his seat to Liberal Party
New Brunswick Liberal Association
The New Brunswick Liberal Association , more popularly known as the New Brunswick Liberal Party or Liberal Party of New Brunswick, is one of the two major political parties in the Canadian province of New Brunswick...
candidate, Rick Brewer
Rick Brewer
-External links:*...
. Betts then returned to his teaching job at the University of New Brunswick. He has served on the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
of several companies including Tembec Inc. and on the Board of the Nature Conservancy for the Atlantic Canada
Atlantic Canada
Atlantic Canada is the region of Canada comprising the four provinces located on the Atlantic coast, excluding Quebec: the three Maritime provinces – New Brunswick, Prince Edward Island, and Nova Scotia – and Newfoundland and Labrador...
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
Institute of Corporate Directors 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 directorship in line with global principles of modern...
.