I have a sinking feeling its too late for a few hundred jobs to turn this ship around. I hope I'm wrong.
CTV
"The provincial government has been actively promoting the proposed Energy East pipeline as a way to generate revenue, thousands of jobs during construction and over
300 permanent positions."
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CMHC
The size of Saint John’s apartment rental universe has been trending lower since 2000 despite a modest number of new privately-initiated rental apartment units being completed each year. Specifically, the universe has declined from
10,935 units in October 2000 to
8,741 units in October 2015. The smaller universe reflects the poor quality of the rental housing stock where several structures have either been demolished or abandoned. Despite the continual reduction in the rental universe, vacancy rates remain elevated. A steadily declining population, weak employment growth, outmigration, and above average poverty levels are the primary reasons for the elevated vacancy rates
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