Quote:
Originally Posted by cdnguys
Here’s your summary:
“We’re going to fight you every step of the way” (despite answering their questions in good faith for an hour)
Foolish questions like “who’s your financiers?” And accusing them of being speculators.
Best part - they will most likely open their back office uptown SJ and tradespeople will be paid at “global rate” $150-180k
$100,000,000 will be spent on concrete and $50,000,000 for steel. It will “move the needle” of development in SJ. They already rec’d 40 resumes and bunch of business cards from local businesses that want to grow with this project.
Residents asked what they want, because they want to give to the community.
This group of concerned residents will never be satisfied - they’re like a dog with a bone. Having said that, some in the crowd were thankful for the session
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Thanks
Did not anyone point out that the CEO is actually from Rothesay and not a Saint Johner? Or perhaps he clarified that he's a Rothesayite.
I don't know exactly what to think of Nathan Ough and VoltaGrid. On one hand this data centre is offering a huge investment in the Saint John economy that will create a lot of jobs and generate significant tax revenue, but on the other hand, I question why on site natural gas power generation solutions are necessary for this facility to operate, and wonder if these facilities will still be needed after a second reactor is built at Point Lepreau.
I've heard VoltaGrid's CEO is quite a Trump supporter, which isn't exactly the most popular stance in Canada, but I would like to evaluate this proposal on the basis of its economic impact, and not the political leanings of the CEO. This data centre will far outlive Donald Trump.
I did not watch the whole meeting, but I did watch some of it. The CEO of VoltaGrid was pretty much as I expected, and he seemed very committed to this project. The representative of BeaconAI seemed to be an Irish lad, but I didn't catch his title, so not sure if was as central a figure to BeaconAI as Mr. Ough is to VoltaGrid.
Putting politics, environmental questions, and controversy aside, this really must have been quite a proud moment for Mr. Ough to come back to the city next to his hometown and advocate for a multi billion project to be built in the region he grew up in. I'm sure we will be hearing lots from him on this project into the future. Glad he didn't forget where he came from.