Quote:
Originally Posted by vid
We built 1,075 dwellings to accommodate 25 people, over 5 years. :shrug
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We also just emerged from one of the most worst rental crunches in some time. There was a significant length of time where the vacancy rate was around 1% (considered extremely low). The college and university are both concerned about stagnant enrollment, so its not like the student population is exploding. The numbers just don't jive.
I tend to be a believer in Councillor Larry Hebert's unaccounted Thunder Bay community (he believes there could be as many as 25 000 more people using city services than our population figures suggest). I don't know that the number is that high, but he did base his assessment based on statistical analysis, not just opinion.
As for the stagnation of Northern Ontario as a whole, one only needs to look at some recent numbers released by the Ontario Chamber of Commerce. Production of real tangible goods in Ontario has fallen 12% in recent years... and that is Northern Ontario's bread & butter (mostly resource based). The financial sector has saved Ontario from total economic despair. Northern Ontario needs to find a new globally competitive goods production 'scheme' and the federal and provincial governments need to push new Canadians to places outside the major Canadian CMAs in order to promote growth in Northern Ontario.