Economic News Affecting St. John's
Here's a place to post about our economy as well as the many many mega projects happening around the province, which will affect the economy of the capital.
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ow ow .. look at us go! :D
and look at the predicted job creation numbers :D and those numbers are just from what activity is KNOWN :cool: :notacrook: :hyper::drooling::cheerleader: Employment at all time high in the Province Quote:
BY THE WAYYYY 2020 is in only 7 years!! not bad!! not bad! for a place where for the past I dunno good 50 years we have been losing jobs .. to get an average of 10,000 CREATED per year (the 70,000 on average spread out over the 7 years to 2020) now remember that unemplyment rate here doesn't necesarily mean lack of jobs .. due to much seasonal work outside the city. (also MANY people work under the table AND collect EI .. which I DO NOT agree with but unfortunately it happens and happens often) (RE POSTED) |
This will obviously have an impact on us as well, due to the probability that these companies' offices will most likely be in the city.
Holyrood & Ocean Technology Quote:
(RE POSTED) |
New rebar-making site opens in Seal Cove
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I'm sure many will be locating in Glancrest as well when they have outgrown their site |
Alderon to spend $1.27B to start Kami mine
J_Murphy posted this on the main projects thread, I decided to re-post here as well. Great idea starting a major project announcements thread, Jeddy!
Source: The Telegram Date: Jan 9, 2012 Author: Ashley Fitzpatrick Quote:
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I also decide to re-post this one I put up earlier (just for consistency sake...:))
Source: The Telegram Date: Jan 9, 2013 Author:Ashley Fitzpatrick Quote:
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Don't forget our only slightly outdated HUGE announcements.
7 billion+ Muskrat Falls Hydroelectric Facility with transmission line through Labrador, Newfoundland, and the Maritimes. 14 billion+ Hebron oil field announcement. Great article from Atlantic Business Magazine: http://www.atlanticbusinessmagazine....eaking-ground/ |
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Deer Lake Airport Reports Record Traffic
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Kudos to Deer Lake for becoming the 4th busiest airport in Atlantic Canada! |
Fourth? That's awesome! Share it in the airport thread! :D
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I wouldn't get into it over there (must be a gracious guest, ha!), but wow... check out the sense of entitlement in this thread:
http://forum.skyscraperpage.com/show...wpost&t=197183 Chatting with a friend from here on FB, he said it best, "Get your own damn economy." lol ***** Irritates me a little bit because, as the papers were saying last summer, Harper has effectively turned Newfoundland back into a colony - and not of Ottawa, but of Halifax. Everything has been consolidated there. It's a painful reminder of what happened after (and, it turns out, the reasons why) we were pushed into Canada. The idea that... why would anyone waste the boom from Newfoundland's resources on St. John's? Surely they can manage this business out of Halifax?... is a tone set in that era. |
Awesome awesome!
Record year for St. John's real estate market Quote:
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more on the mine near lab city
Alderon ready to start new iron ore mine in Labrador Quote:
That is very soon actually |
Kepp the good times coming!
Developing Potash in Newfoundland Quote:
Come on with all the major projects happening how are we not the same size or larger than Halifax .. It's a bit ridiculous .. just have to continue growing and developing in a smart and competitive way As politicians have said .. "Have not will be no more" :notacrook: |
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One thing I don't understand though is why there is also an airport in Stephenville? I know the history of the American Base being situated there, but is there really a need for a second airport just an hour away? No doubt the airport provides jobs to the town, but looking at the bigger regional picture wouldn't it make more sense to have the one in Deer Lake and make that a larger hub? Federal and Provincial funding would be better served going into one rather than two competing airports within 100km of each other. |
Check out Trevor3's post in the Atlantic Canada Airports thread.
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Another hurdle cleared.
Thank you, Nova Scotia! :) A study conducted for the Nova Scotia government to be released Thursday concludes that the Muskrat Falls hydroelectric project in Labrador is the cheapest option to meet the province's future energy needs, senior government officials say. http://www.cbc.ca/news/canada/newfou...ls-review.html |
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