Economy Thread

[jammer139]

Here is the link to the announcement - https://news.westernu.ca/2021/10/western-goes-downtown-with-new-property-buy/

Originally Posted by ssiguy

^^^^ Funny how I made that comment yesterday and proof of it comes today.

Western has just bought the Swift Building on Queen. It will be a centre for lectures, art, classes, and cultural events. The law business that is in the building is moving to Dufferin Court lowering their vacancies while not adding any new office space. Whether this is being done for no other reason than Fanshawe embarrassing Western by greatly increasing it's downtown presence I don't know but who cares.

Also saw that last year a company named Aspire is opening up an automated "cricket protein" manufacturing centre in the city. It is the first of it's kind in the world and further cements the city's growing reputation as one of Canada's primary agri-food centres. Agric-food is an EXCELLENT and near recession proof industry as demand for food with less environmental impact will only grow and no matter how deep the recession, people will always have to eat. When was the last time you say a grocery store go under? Insect-based protein is growing exponentially and this will continue as climate change increasingly effects our more traditional sources of protein.

London really has created a "critical mass" in terms in technology, workers, infrastructure, innovation, and research to make it one {if not the leading} agri-food centres of the country.