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Originally Posted by Dakota
Just wondering how you came across this information and if its just a rumour ? When i lived in southern ontario i was a Costco member and i believe people here will love it . Its way better than Sams club which i also visited many times. Of course their will be tons of people complaining it will kill local business . It seems a lot of people here just dont want the city to grow.
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It is just a rumour as of now because nothing has been publicly announced. I don't like to count my chickens before they hatch, so I don't consider anything a done deal until construction is underway. Where did I hear this from? Basically, its a small town here in Thunder Bay and people talk. Large companies spend considerable time looking into potential markets before deciding to set-up shop, and they need to talk to at least a few people locally before they do it. It was worth posting since Costco has been wanting to build here for some time too. People can't really complain anymore that it will kill local business, there is hardly a local grocery store or department store left to speak of. Renco and Family Foods are probably the only two locally owned/franchise stores left now. But I know where you are coming from, and yes there might be complaints. I think they will be pretty subdued though. You would think people would've complained about having 3 Wal-Marts more than 1 Costco, but I didn't personally hear too much complaint about Wal-Mart setting up 2 more stores.
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The re-opening of the Longlac sawmill has finally hit the news. It has been known for quite some time that the mill would be re-opening eventually. Sounds like production will resume this summer. Lumber prices will need to remain in the $300/thousand bd ft range for this operation to remain viable. The Longlac mill has a chipper on site for undersized material that can send chips to Terrace Bay, which helps make the mill that much more viable. Therefore, I suspect the mill will do okay since Birla (Terrace Bay) is going to need a lot of wood in the coming years.
http://www.cbc.ca/news/canada/thunde...e-of-debt.html
The Mining Readiness Strategy was released by the city, FWFN, and other partners today. The goal of the document from my perspectives seems to be geared towards addressing gaps that need to be filled before the city really becomes a true mining hub. In my opinion, the biggest gap right now is getting the people at the provincial and federal levels to get their shit together and getting stuff moving. The city and its partners on this plan are putting in one hell of an effort (for a municipal gov't), and the province and feds are pretty much MIA. Its really disappointing to watch and I would be embarrassed if I was the province or the federal government right now. Maybe more is happening behind closed doors, but from a public perspective, the effort from the province and feds just isn't satisfactory right now.
http://www.tbnewswatch.com/news/2723...ing-shortfalls