Quote:
Originally Posted by roryn1
It’s pretty nuts a developer isn’t coming in to just take this over and build a 5 story building with a slightly larger underground parkade or something. May as well settle for something instead of just fill it in to dig it out again in 5-7 years. Is business sentiment that bad I. Regina right now? What did the Sask Party do to this province if a developer doesn’t have to pay those initial costs lol and still won’t come in
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I'm not fan of the Sask Party, but our downturn has 95% nothing to do with them. Our province relies almost entirely on outside buyers for our resources, and one of the biggest is still in a slump (oil). It's getting better, but there is less money flowing in SK than there was 10 years ago. There's already a lot of empty office space around, so even if the new build was cheaper than normal, there is little incentive to start it.