Posted by RodInNS on March 25, 2010 at 14:28:32 from (216.118.158.123):
In Reply to: economy in your area posted by ericlb on March 24, 2010 at 05:50:59:
The economy has been in recession here for 40 years so there's not really much new.... That time marked the begining of the end for the coal mines and steel plant both of which were finally closed 9 years ago. For some time there were manufacturing jobs in 2 Magna plants and another die caster that supplied parts to Magna... all of which closed last year. The most work that's going on right now is the 400 million project to solidify and cap the tar ponds (next to and partly because of Sydney Steel) along with the coke ovens remediation along with various projects to remediate and cap various mine highball sites and the former Scotia steel site. This work is projected to continue for the next 5-10 years... Aside from that there is one major highway bridge replacement scheduled for this season that will require 290K tonne of rock to be moved for a new causeway/approach. Otherwise, not much going on. Most people are leaving here for work in Alberta... The only real new project, if it goes... is a new mine to be opened by Xtrata coal and that's still conditional on them finding a market for high sulfur coking coal as NSP doesn't want to buy it for their thermal plants.
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