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More good news

Analysis Indicates Steady Growth in Capital

Things are looking up for the city of St. John's. A recent analysis completed by the city shows that there will be steady growth in 2013. Councillor Bruce Tilley says the indicators are that retail sales, personal income and employment are up, and that there is a strong consumer confidence in the city and province. Tilley says the oil and gas sector is playing a key role in this prosperity but retail is a big factor as well.



Tilley says the upcoming project on Kenmount Road and Danny Williams' Glencrest project are going to be huge for the area. Tilley says he hopes the growth will allow residents to stay in St. John's to work rather than travel to western Canada.



Tilley says the most important thing to him is that young people coming out of university and college have a chance to work at home.

http://www.vocm.com/newsarticle.asp?...30548&latest=1