Quote:
Originally Posted by SkydivePilot
^^^^ When the by-pass is near completion, I would bet that the GTH will be infinitely more appealing than it is now. ^^^^
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It will be infinitely more appealing, sure - but that still doesn't diminish the fact that it's not very appealing right now.
"hubs" like this are a dime a dozen. There is nothing that makes the GTH more appealing than the well-established logistics hubs like Chicago, Houston, Memphis, Atlanta, Toronto, or Monterrey, Mexico. I can't find a single reference to the GTH as an up & comer in the supply chain/logistics world (I see Seattle, Philly, the Bajio region of Mexico mentioned in this manner... but never the Canadian prairies... let alone the GTH itself).
I've also discussed the GTH with people who've participated in meetings with the GTH Authority. Given the ambitions the government has for this development, the strategic plan & operations are exceptionally amateurish. We don't have a fraction of the requisite logistics labour force here - and the GTH Authority has never seriously factored this into their plan... they always viewed it as an externality
(I don't think the GTH's strategic thinking was helped by the fact it reported to the Highways Ministry for much of its infancy. The GTH isn't a transportation play, IMO placing it in Highways harmed long-term thinking).
Not to mention, at the peak of Sask's boom, an expensive labour pool with high turnover isn't exactly appealing to an potential GTH tenant... especially when established North American hubs have trained labour pools available at much lower wages than Sask did (due to our labour shortage at the time, and the US's slumping economy at the time).
The downturn in the economy may assist the GTH to a degree (by freeing up labour), but the flip side of that is that potential tenants aren't typically looking to expand/sink big money into projects like a logisitics centre.
I really view the GTH as a Field of Dreams - I believe that the government & the GTH Authority convinced themselves that if they built it, tenants would come... this hasn't materialized. Maybe the Bypass will change all of that - I doubt it, though.