Moncton’s Office Buildings Are Emptier, But Industrial Development Is Booming
It’s a tale of contrasts for the commercial real estate sector as property owners and managers manage the economic shifts during the pandemic.
It’s a tale of contrasts for the commercial real estate sector as property owners and managers manage the economic shifts during the pandemic.
Jonathan Dunnett of Venn Innovation says the region’s companies need to collaborate, not compete against each other.
The event, sponsored by businesses and organizations from around the province, will be streamed online at noon on February 1.
Many successful local businesses are located in places we want to hang out in, operated by people we like and find interesting to be around, writes Huddle editor Mark Leger.
Moncton also broke a record for building permits, but the mayor acknowledged that it must do more to address social concerns like the need for more affordable housing.
The Moncton area (Zone 1) remains in the red level, and the Edmundston region (Zone 4) remains under lockdown.
Major Drilling saw its year-on-year revenue drop by about 6 percent due to the pandemic, but there’s light at the end of the tunnel. Its quarterly revenue went up 28 percent, thanks to stronger metal prices, eased health restrictions, and growth in copper demand due to an increase of electric vehicles on the roads.
Residential projects accounted for 597 of the permits at a value of over $81 million. The creation of 621 new housing units will nearly double the amount from the year prior.
VidCruiter has been busy this past year helping organizations staff up, including the hiring of contact tracers in Baltimore and 1,400 traveling nurses in just 10 days to help New York City fight Covid-19.
Public Health announced 31 new cases and one additional Covid-related death on Tuesday.