[Mayor Ivan Court——File Photo]
Mayor Ivan Court says he can see why Irving Oil decided to not proceed with the Eider Rock project because of the economy.Court says there will still be jobs for people in this city even without the second refinery. He says Peel Plaza, and waterfront development will create many jobs.Court says the city did have one concern about the proposed Irving project.
Court says a concern the city had for the project was infrastructure cost. He says the city doesn’t have the capital to invest, and would have had to rely on the provincial and federal government.He says the city wouldn’t get any tax revenue from the project until the infrastructure was already up.
Court says since the E.I.A has just gone through, this project may resurface when the economy is in better shape.
.jpg){kind=link}