Quote:
Originally Posted by s211
As was explained at a recent NAIOP event, much of the jobs are already taking place elsewhere: Calgary, London UK, etc., where the real skill-sets lie. Yes, some jobs will be placed in Vancouver, but not nearly as many as people would hope or like.
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Yupp, meanwhile high-tech expansion continues in Vancouver bringing real jobs to the city. Job creation in general is actually quite good in Vancouver and has been over the last few years, going off of the most recent Stats Can numbers. If LNG busts, which isn't entirely unlikely, it will hurt BC's future outlooks but I don't know if it will have as significant a negative impact on Vancouver. It would obviously be nice if LNG was a boon to the province, and created a lot of jobs in Vancouver, but if that isn't going to happen then at least one can take comfort in the fact that the city has not vested its future in LNG. Unlike what the government in Victoria seems to have done.