City to break record
Published Friday November 28th, 2008
Growth | Economy strong but council remains wary
A1By
SHAWN BERRY
[email protected]
Enlarge Photo The Daily Gleaner/James West PhoCITY IS GROWING: Mayor Brad Woodside gives his state of the city address Thursday night. Development work has already exceeded $154 million this year, he said, shattering the previous record of $132 million that was set in 2006.
Fredericton is enjoying its best development year ever, but Mayor Brad Woodside says the city needs to be ready to face the challenges of global financial turmoil.
"Guess what, this year, by the time we finish, we're probably going to be somewhere around $155 million," Woodside said Thursday during his annual state of the city address.
It was a bright spot in a speech that put plenty of focus on the challenges Fredericton's economy is likely to face as many brace for a global economic crisis.
This is the third year in a row that development in the city has broken the $100-million mark.
Coun. Dan Keenan, who chairs the city's development committee, said the numbers are encouraging for Fredericton.
"It shows that there is great confidence in our economy. It's what we wanted to see. It shows a good, balanced mix between all the kinds of development we want to see in the city," said Keenan, who was unable to attend the address on account of traffic tie ups after a collision that closed the Westmorland Street Bridge.
But, as successful as the city has been in 2008, Woodside said he has little doubt that 2009 will rear its head with plenty of challenges.
"We have businesses in this city - believe me - that are going to be impacted in 2009. It's going to impact some people in this room. We have to be ready; we have to be prudent," he said.
As tough times loom, the mayor also appealed to the charitable side of Frederictonians to be prepared to help those in need.
"Now's not a time not to be giving.''
But Woodside said Fredericton has the know-how and the gusto to face those challenges head-on.
He said the city's population growth in the 2006 census was 6.2 per cent, while the national average was 5.8 per cent, and that the average age of a Frederictonian is 38 years, again better than the national average.
"We have to create the right kinds of jobs that will keep our young people here. I think we're on the right road," he said, pointing to information technology and other innovative sectors.
Fredericton has to keep attracting those jobs, he said.
"We cannot have young people leaving here, going down the road and telling us they are doing it because they cannot find work."
Woodside also made it clear city council isn't backing off building the Harvey * Grant Centre.
"This city, this council, is going to build the Harvey * Grant Centre," Woodside said, earning loud applause.
He made it clear council is anything but divided.
"We have some good people asking hard questions at the table.''
He also said he regretted the fact Coun. Mike O'Brien has taken some of the flack from critics worried the city is backpedalling.
Woodside said he was the one who thought it was prudent to ask what the city could afford.
"I don't want to be guy to say, 'The sky is falling, the sky is falling,' but you just have to look down to our neighbours in the United States to see what is going on there," he said.
Woodside made it clear there's no place but Fredericton that he would rather be.
"If I didn't live here, I'd move here," he said.