Students breathe new life into Fredericton's economy
Published Friday August 29th, 2008
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By CHRIS FOX
[email protected]
More than 11,000 university students will soon descend on Fredericton's bars, restaurants and entertainment facilities, but some in the business community say they're already enjoying the spinoffs.
The Daily Gleaner/James West Pho
moving in: St. Thomas University student Matt Sheriko makes his bed after moving into Harrington Hall this week.
"It's already started and it really is like night and day between now and the business we were doing during the summer," said Patrick Tahan, general manager of Budget Cab.
"We really are an eight-month business and the difference students make for us is unbelievable."
Don Webster, owner of George's Skycab, agreed.
He said his company adds several vehicles to its fleet every September to cope with increased business.
"We have to plan ahead and have more cars and more drivers for when students arrive," he said Thursday.
"A lot of drivers are seasonal drivers in that they only work for us during the (school) year, so they will all be back, which increases our fleet by probably around 30 per cent."
Webster said business just gets better as the year goes on.
"It starts off pretty good and as we get into November, it gets even better because of the nasty weather," he said.
"It sort of builds up right through until May when the students leave."
Anthony Knight, CEO of the Fredericton Chamber of Commerce, said Thursday university students play a big role throughout Fredericton's economy.
"Students have a significant impact in our community and on our economy," he said. "When you consider the apartment rentals, the retail goods that are purchased, tuition ... there are so many benefits to having them here.
"We really welcome them back because they are a valued constituency for us."
Knight, whose organization represents more than 900 local businesses, said the impact of students is especially apparent in the downtown area.
"Our entertainment district really benefits because, obviously, some of our students enjoy a night out, and as long as it's done responsibly, we welcome it," he said.
Frank Scott, co-owner of the Lunar Rogue Pub on King Street, said he sees the effect university students have on downtown businesses every September, although he admitted his establishment doesn't get many
first-year students walking through its doors.
"We don't get a lot of the new students, but we do get all kinds of third, fourth, fifth and graduate students. They are certainly wonderful to have back," he said.
"Generally for the first couple of weeks we see a real spike in business when the students arrive, but then around the third week of September it will drop back off a little bit just because they start to hit the books."