Projected Surplus In N.B. Grows To $862M
Revenue for the province’s 2022-23 fiscal year is now projected to be more than $1 billion higher than the budget.
News
Bridgewater Moves On Massive Waterfront Development
Part of the proposal, to renovate the existing mall structure, includes plans to add multiple, six-to-eight-storey residential units. A portion of the mall would also be demolished to make room for underground parking and improve access to the LaHave River.
WestJet Announces New Flights Between Moncton And Alberta
Starting in June, the airline will offer regular, non-stop flights from Moncton to both Calgary and Edmonton.
Insurers Scrambling To Assess Damage From February Deep Freeze
The ten worst years for insurance claims in Canada have all happened since 1998.
The Surprising Ways Shopping Trends Changed In 2022
Black Friday wasn’t the busiest shopping day in Atlantic Canada last year.
Poley Mountain Gets Federal Tourism Funding For Upgrades And New Equipment
The money from the federal Tourism Relief Fund will help the resort transition to a year-round destination.
Saint John To Create Long-Term Homelessness Strategy
One councillor voted against the plan, arguing the province should take the lead on the strategy.
Bed Bath & Beyond Closing All 54 Canadian Stores
An official court filing from the consultancy firm of Alvarez & Marsal, stated that “The Bed Bath & Beyond Group has been in financial difficulty for the past several years, suffering significant net losses since 2018.”
Canada Adds 150K Jobs, Unemployment Rate Unchanged
The country’s unemployment rate remained at five percent as more people joined the labour force.
54-Unit Development Approved In West Saint John
Saint John council has given the green light to a proposed development on the city’s west side. But the decision has raised concerns about the future of a daycare that will be forced to move.
