Friday, March 7, 2014
Kitimat's surge in growth gains notice in Vancouver media circles
Now, in the space of just a few years, the stories of pending doom seem gone. Replaced by article after article, of the coming economic expansion and a boom town mentality that is gripping the Terrace-Kitimat region.
The latest of those entries however, feature a bit of a reality check if you will, with a warning that suggests there are some clouds on the horizon.
The wide range of material on the oncoming Northwest economic boom began with this Globe and Mail review of the price of housing, examining a real estate market which has jumped some 40 percent in Kitimat in less than two years.
On that same theme of housing, last month the CBC outlined some of the impact that the economic activity is having on rental accommodation in both Kitimat and Terrace.
That was a topic that the local CBC radio morning program Daybreak North addressed on February 26th.
The increasingly worrisome rental situation in Kitimat, also attracted the Vancouver Province which provided this item on the housing situation in that community.
The Vancouver Observer offers up this review of the sudden shift in fortunes for Kitimat and some of the consequences that may come from the many projects that are on the proposal board there.
While The Vancouver Sun examined some of the labour skill shortages that are causing disruptions to the time line of the Rio Tinto Alcan smelter upgrade. The first real indication of the skills and trades gap that may come into play around the Northwest in the years to come.
All of it makes for a wide cross section of the many issues involved with sudden economic development.
Making for a catalogue of items for Prince Rupert City Council to consider for future reference, as they keep their eye on the progress of the many large scale industrial projects proposed for the North Coast.