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  #12321  
Old Posted Oct 10, 2019, 11:31 AM
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Good article found on CBC

Moncton issues $213M in building permits, nearly beating 2017 record
City issued $213M in permits in the first 9 months of 2019
Shane Magee · CBC News · Posted: Oct 10, 2019 5:00 AM AT | Last Updated: 3 hours ago
https://www.cbc.ca/news/canada/new-b...ment-1.5315065

Quote:
The figures the city released this week account for the first nine months of the year. The 12-month total for 2018 was $222.6 million, $243.4 million in 2017 and $241 million in 2016 — a year that included the Avenir Centre. The lowest recent year was $123 million in 2014.

Silliker said this year's overall total may beat a previous record if a permit is issued for a project on Cameron Street. Council has green-lit plans to expand a building on the corner of Cameron and Gordon and convert it from office space to residential.
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  #12322  
Old Posted Oct 10, 2019, 8:33 PM
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Originally Posted by MonctonRad View Post
This little tidbit from Mayor Dawn Arnold's weekly video update on Facebook was interesting.

Apparently Moncton is the fifth largest logistics centre in Canada, and the largest logistics centre east of Toronto.
That doesn't really surprise me with the major couriers at the airport (Purolator, DHL, FedEx), the trucking companies (Midland/Sunbury, Day & Ross, Maritime Ontario, Armour, etc), CN Rail, multiple distribution centers (Kent, Shoppers, etc) and more...we are called the "Hub City" for a reason.
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  #12323  
Old Posted Oct 22, 2019, 8:23 PM
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Interesting article in the T&T today about MID (Moncton Industrial Development), and the four industrial parks under it's control.

The parks under MID control include Moncton Industrial Park, Moncton Industrial Park West, Caledonia Industrial Park and Moncton East Business Park (currently under development). MID does not include the Dieppe Industrial Park, or the expansion of the Dieppe Industrial Park along Aviation Boulevard.

- MID is growing faster than any other industrial park(s) in Atlantic Canada.
- over 360 companies, with over 8,000 employees
- biggest industrial park in Atlantic Canada (bigger than Burnside in Dartmouth). I find this claim difficult to believe, but I'll report it anyway.
- 3,000 acres, of which 1,600 are developed, and on average, over 40 additional acres per year are developed.
- total assessed property value $566M, increasing by $25M/yr.
- 14% of the city's assessed property value.
- 60% of the businesses are involved in trucking and transportation.

If you added in everything going on in the very large Dieppe Industrial Park (including the airport extension), then this becomes quite impressive...........
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  #12324  
Old Posted Oct 25, 2019, 2:50 PM
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City of Moncton Press Release:

Quote:
October 23, 2019
For immediate release

Apartment buildings propel growth in third quarter

MONCTON – The total value of permits for the third quarter ending September 30 came in at $99.9 million, compared with $41.3 million during the same quarter last year. The total number of permits for the July to September period was 324, as compared to 355 in 2018.

Year-to-date values for 2019 permits add up to $213.2 million, compared with $187 million last year. The is the second best on record for the City of Moncton coming in about $2 million shy of the 2017 figure, which was $215.2 million.

Commercial and residential building permits both had strong 3-month totals of $48.6 million and $48.1 million, respectively. The largest commercial projects include a $19.1 million expansion at Organigram, a new $7.2 million distribution centre for Day & Ross, a $4.6 million renovation at Atlas Structural Systems, a $4.3 million pharmacy and clinic on Price Street, $2.9 in commercial development along Granite Drive, a new $1.9 million Milestones restaurant on Carson Drive, and a new location for Atlantic Outdoor on Desbrisay Ave. valued at $1.3 million.

On the residential side, the third quarter saw record development of new apartments, with 10 new buildings representing 510 units at a total value of $37.4 million. This alone accounted for more than one third of all permit activity in Q3. The largest of these include a 6-story, 118 unit at 1321 Mountain Road, and a mixed use 6-story building with 46 residential units at the Junction Urban Village.

Institutional permits accounted for $1.9 million or less than 2 per cent of the quarter’s activity.

“Having so many cranes dotting our skyline at the same time is definitely what we had hoped to be seeing this year,” said Mayor Dawn Arnold. “And we’re already hearing from developers lining up major projects in 2020.”

“We are definitely pleased to see the uptake on the residential side,” said Kevin Silliker, Director of Economic Development, adding that “we’ve been hearing feedback that low vacancy rates were creating some tightness in the residential market, and it seems developers are seeing opportunity in multi-res construction projects.”
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  #12325  
Old Posted Oct 30, 2019, 5:56 PM
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Story today from Huddle

Quote: "HCL Technologies Plans To Hire As Many As 300 People At New Moncton Office."

There are currently about 50 employees in the Moncton office but it doesn't say where the office is located. Does anybody know, are they downtown?

https://huddle.today/hcl-technologie...oncton-office/
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  #12326  
Old Posted Oct 30, 2019, 6:39 PM
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The are in the old Whitehill Technologies building on Macnaughton ave across from NBPower

Quote:
Originally Posted by jonny golden View Post
Story today from Huddle

Quote: "HCL Technologies Plans To Hire As Many As 300 People At New Moncton Office."

There are currently about 50 employees in the Moncton office but it doesn't say where the office is located. Does anybody know, are they downtown?

https://huddle.today/hcl-technologie...oncton-office/
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  #12327  
Old Posted Oct 31, 2019, 12:00 AM
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Quote:
Originally Posted by jonny golden View Post
Story today from Huddle

Quote: "HCL Technologies Plans To Hire As Many As 300 People At New Moncton Office."

There are currently about 50 employees in the Moncton office but it doesn't say where the office is located. Does anybody know, are they downtown?

https://huddle.today/hcl-technologie...oncton-office/
Sounds like they plan to import a lot of their employees from India (not that there's anything wrong with that - we need population growth as well as jobs).

A big company, and what should have been a big announcement, but this seemed to have flown under the radar. If Brian Gallant were still Premier, I'm sure he would have announced this new company at least several times (each with a different photo op).........

I guess Blain Higgs does things differently.

Anyway, this announcement probably explains an odd comment a neighbour of mine made the other day. She had been talking to a realtor, and the realtor told her that he was expecting 50 new families coming into town next year looking for housing. I thought this expectation of new families was a little odd (sounded coordinated), but if HCL is importing employees from India, this comment makes a lot more sense............
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  #12328  
Old Posted Oct 31, 2019, 11:51 AM
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Quote:
Originally Posted by MonctonRad View Post
Sounds like they plan to import a lot of their employees from India (not that there's anything wrong with that - we need population growth as well as jobs).

A big company, and what should have been a big announcement, but this seemed to have flown under the radar. If Brian Gallant were still Premier, I'm sure he would have announced this new company at least several times (each with a different photo op).........

I guess Blain Higgs does things differently.

Anyway, this announcement probably explains an odd comment a neighbour of mine made the other day. She had been talking to a realtor, and the realtor told her that he was expecting 50 new families coming into town next year looking for housing. I thought this expectation of new families was a little odd (sounded coordinated), but if HCL is importing employees from India, this comment makes a lot more sense............
It would be great if their office was in the downtown core somewhere instead of out on MacNaughton Ave. Better for the employees, and good for downtown.
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  #12329  
Old Posted Oct 31, 2019, 12:05 PM
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Originally Posted by MonctonRad View Post
I guess Blain Higgs does things differently.

Well he is trying to run the province with a minority...



https://www.919thebend.ca/2019/10/31...liance-leader/

NB Corporate Welfare Must End – People’s Alliance Leader

Moncton, NB, Canada / 91.9 The Bend
Allan Dearing
October 31, 2019 05:00 am

NB Corporate Welfare Must End - People's Alliance Leader

The leader of the People’s Alliance of New Brunswick is not impressed by a provincial funding announcement for an IT business which has set up in Moncton.

The Crown-owned Opportunities NB is providing $6.26 million in payroll rebates and forgivable loans to India-based HCL Technologies.

Kris Austin calls this corporate welfare and says it doesn’t work and must stop.

“Tax dollars could be better suited for education and health care and lowering taxes for all businesses as opposed to creating winners and losers through this corporate welfare strategy that continues with Liberal and Conservative governments,” he says.

Austin notes these companies meet their contract requirements and then three or four years later, the company is gone and the employees are left without jobs.

He believes the strategy is also unfair and questions why is it government’s role to pick which companies can get money and which ones can’t.

Austin adds his party is pushing for tax system changes so that all businesses can benefit from lower taxes in a deregulated market.
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  #12330  
Old Posted Oct 31, 2019, 12:32 PM
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Quote:
Originally Posted by MonctonRad View Post
A big company, and what should have been a big announcement, but this seemed to have flown under the radar. If Brian Gallant were still Premier, I'm sure he would have announced this new company at least several times (each with a different photo op).........

I guess Blain Higgs does things differently.
Not how it works. The company decides on if there is a big announcement or not.
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  #12331  
Old Posted Oct 31, 2019, 6:41 PM
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Originally Posted by OliverD View Post
Not how it works. The company decides on if there is a big announcement or not.
Lots of political spin on these forums that should probably be kept to the politics thread
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  #12332  
Old Posted Nov 5, 2019, 12:50 AM
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From the mayor city council meeting

Big meeting of Moncton City Council tonight! We started with a public presentation from the Magnetic Hill Concerned Citizens...and this AWESOME clay sculpture of City Council by Jayden Moore! We then had some poetry from our Poets Laureate (Kayla Geitzler and Jean-Philippe Raîche) and learned about what they will be working on over the next couple of years. Good news: we will now be able to receive our water bills digitally (if you choose!). The Heritage Conservation Board updated us on their progress and we had a high level presentation on our upcoming (Nov 13-15) budget deliberations. The General Operating Budget = $161.8M; Utility Operating Budget = $41.1M and the Capital Budget = $47.3M. The assumptions for the budget preparation and our deliberations are: 1. Net debt will remain at $15.5M for 2020+2021; 2. 75% of capital will go into existing infrastructure (asset management); 3. If we want to increase service levels we will need to decrease other services (or increase tax rate); 4. We will use reserves to fund years where there is a shortfall. Deliberations should be fun!

In Planning Matters we approved a “cash in lieu” situation at Gorge Road and Mountain Road for a new development behind the Second Cup.

And finally, the real meat of the meeting: the engineering report on the north end and Mountain Road. Council voted to revert back to four lanes and add a dedicated bike lane on this part of Mountain Road (in a future budget, but in the meantime, come up with an active transportation plan for the area) and Council voted not to consult the public about the possibility of opening Casino Drive/Muirfield/Twin Oaks and to keep it as is, i.e., no changes.

We awarded a tender to purchase 10 medium duty trucks (Dartmouth Motors=$638,969), awarded a contract for short-term vehicle rentals (EconoLeasing) and awarded an RFP for professional engineering services in the Lewisville and East End for Infrastructure upgrades (Englobe Corp=$365,837
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  #12333  
Old Posted Nov 5, 2019, 11:36 AM
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Originally Posted by Philbilly View Post

In Planning Matters we approved a “cash in lieu” situation at Gorge Road and Mountain Road for a new development behind the Second Cup.
Do they mean the empty lot behind the RBC or are they implying the house behind second cup that sold recently will be torn down and something built? Either way there isn't all that much room, at least not for a building and parking.

oops- I see MonctonRad also posted in the area thread- too bad the form won't let us delete posts.
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  #12334  
Old Posted Nov 10, 2019, 4:20 AM
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From Huddle:

Greater Moncton Targets 2,700 Immigrants A Year By 2024
Nov 7, 2019 by Inda Intiar
https://huddle.today/greater-moncton...-year-by-2024/

Quote:
The Greater Moncton region aims to attract 1,900 immigrants next year, and 2,700 a year by 2024, up from 1,450 last year. Thirty-three per cent of that will be Francophone immigrants. It also aims to double the international student base, including at private universities and colleges, to 3,000 in four years.
Quote:
Immigration has become the primary source of population growth for Greater Moncton. In 2009, only 22 per cent of growth came from immigration, while migration from within the province made up 41 per cent of growth. Last year, immigration contributed to 67 per cent of growth, while intraprovincial migration fell to 22 per cent.
Greater Moncton has a CMA population now of about 155,000 people. With this ambitious immigration target, even with only a 75% retention rate, combined with internal migration and natural growth, the metro area should have a population of about 200,000 by about 2038.
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  #12335  
Old Posted Nov 10, 2019, 5:56 PM
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Originally Posted by MonctonRad View Post

Greater Moncton has a CMA population now of about 155,000 people. With this ambitious immigration target, even with only a 75% retention rate, combined with internal migration and natural growth, the metro area should have a population of about 200,000 by about 2038.
Ambitious but achievable goal considering the success the region has had in recent years attracting and keeping immigrants. I hope it continues and I always love seeing the tree mayors working together. Also, by 2038, I suspect the Beaubassin region to be gobbled up by the CMA so we could potentially add an additional (up to) 20K to your prediction.
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  #12336  
Old Posted Nov 15, 2019, 1:36 PM
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Moncton PAC agenda for November is available for review - nothing too special.........

http://www5.moncton.ca/docs/pac/PAC/...re_du_jour.pdf
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  #12337  
Old Posted Nov 21, 2019, 1:54 PM
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Moncton 2020 tax base assessments as gone up by 3.99%. The city now has 2 million dollars more in revenue

Tax boost leaves Moncton with extra $2M
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  #12338  
Old Posted Nov 21, 2019, 2:34 PM
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The Daily Gleaner is reporting that the new condo that's going to be beside the Chess Piece and tye police station has been promised 2 more stories because the developer said he will build a public art piece in the downtown.
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  #12339  
Old Posted Nov 21, 2019, 2:36 PM
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The Daily Gleaner is reporting that the new condo that's going to be beside the Chess Piece and tye police station has been promised 2 more stories because the developer said he will build a public art piece in the downtown.
I think you want the thread 150km to the north west.
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  #12340  
Old Posted Nov 21, 2019, 2:57 PM
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Originally Posted by habs33 View Post
Moncton 2020 tax base assessments as gone up by 3.99%. The city now has 2 million dollars more in revenue

Tax boost leaves Moncton with extra $2M
Nice problem to have.

I guess the city can afford that new bus route to Moncton High School after all..........
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