Partridge Island Is Not Top In List Of Priorities
Restoration of Partridge Island is further on down the list of priorities for development in the city.
The General Manager of Saint John Waterfront Development, Kent McIntyre says the Coast Guard site next to Market Square, the Reversing Falls master plan and upgrading the Trade and Convention Centre supercede Partridge Island.
Talks have been going on with four developers about the Coast Guard site and one very seriously.
CHSJ News has been told an announcement could be made by the end of the summer.
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Saint John Facing Aging Workface Problems
Saint John is not immune from the challenges that come with an aging workforce...a problem facing the entire country.
Enterprise Saint John hosting an event this week featuring speaker Mark Breslin who shares his insight with local employers.
Gina O'Rourke-McKay tells CHSJ News 20 per cent of the city workforce is industrial.
She say the skilled trades are facing many retirements over the next 5 to 10 years so to make sure they have the workers when they need them, Enterprise Saint John has begun an initiative to work with employers, union leaders and educators.
Mark Breslin says Alberta is an example saying it has not shifted its culture to develop people so they are now struggling just trying to find bodies to fill positions.
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Vacancy Rate Rises In Saint John
The vacancy rate for renters in Saint John is going up, in large part, because the population isn't increasing. The vacancy rate in Saint John is at 8.4 per cent.
Claude Gautreau of Canada Mortgage and Housing calls that a bit high with the ideal being between 4 and 5 per cent, although renters may disagree because a higher vacancy rate is better for consumers.
The average rent for a two bedroom apartment in Saint John is 696 dollars which is below the provincial average. Fredericton has the lowest vacancy rate in the province at 3.8 percent with Moncton at 5 percent.
The average rent for a two bedroom apartment in Fredericton is $755. In Moncton, it's $721.
Moncton is the fastest growing city in the province.
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Radian6 to hire 300 in Saint John, Fredericton
CBC News
Posted: Jun 13, 2012 6:06 PM AT
Last Updated: Jun 13, 2012 9:05 PM AT
Economic Development Minister Paul Robichaud says the provincial government will provide a $3.8-million payroll rebate to Radian6.Economic Development Minister Paul Robichaud says the provincial government will provide a $3.8-million payroll rebate to Radian6. (CBC)
Radian6, a social media monitoring company, plans to create 300 new full-time jobs in Fredericton and Saint John.
The provincial government will provide a $3.8-million payroll rebate to help the company expand its workforce, said Economic Development Minister Paul Robichaud. He made the announcement in the legislative assembly Wednesday.
The money will come from Invest NB, a provincial Crown agency intended to promote economic growth.
Robichaud expects the expenditure will contribute about $8.5 million to the province’s gross domestic product annually.
"Information and communications technology is one of our priority sectors because we recognize it is poised to meet the challenges of the future and offers tremendous growth potential," he said in a statement.
"Radian6 and Salesforce.com have become household names in New Brunswick."
Radian6, founded in 2006, was acquired by Salesforce.com in March 2011 for $326 million.
At that time, the company had about 300 employees, including some in U.S. cities, such as New York, Boston, and Chicago.
Radian6 tracks what's being said about products on social media websites, such as Facebook, Twitter and blogs.
Its clients include global giants, such as Dell, General Electric, Pepsi and Molson.
Last edited by ErickMontreal; Jun 20, 2012 at 4:32 PM.
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Its nice to hear good news about Fredericton but I think you are posting in the wrong thread - not trying to be rude, just pointing out that this post has no relevance to this thread.
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