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Wednesday, July 3, 2013

Saint John Has A Big Surplus Of Office Space

The amount of vacant office space in Saint John is double what you will find in other cities around the Maritimes. 

Despite that and one of the highest unemployment rates of any city in the national survey by Stats Canada, former Mayor Bob Lockhart tells CHSJ News although things are tough now, he's optimistic about the future, saying the storm clouds that have afflicted Saint John for the past twenty years or so are, in hiw view, on the verge of disappearing.

The amount of vacant office space is a prime reason why city staff opposed the relocation of a small accounting firm with 7 employees to the east side from uptown.