Those of you mulling over the university thing, you may want to take a look at this. A top site selection firm looked at the economic drivers for growth cities in the United States. Having a major university was the second most important driver in the ‘fast’ and ‘medium’ sized cities.
Hence, the concern in Saint John.
Of course, the most important driver in fast growing cities is….
…wait for it….
Being a retirement community.
Forget universities, set up bingo halls.
All jokes aside, financial services and manufacturing are also major drivers of economic growth.