I heard something funny today. If you are standing up, sit down to read this. Someone told me it was the strategy of the province to position Saint John as the ‘energy hub’, Fredericton as the ‘technology’ centre and Moncton as the ‘entertainment’ centre. Hence, I guess, the casino.
You cannot build an economy on ‘entertainment’ or ‘retail’ or even ‘tourism’. These sectors can bring people in to buy and consume but the economic value is very low as is the quality of the jobs. Moncton’s average income is already well below both Saint John and Fredericton due to the preponderance of retail, accommodation and other lower end service jobs. The worst positioning I can think of for Moncton would be as an ‘entertainment’ centre.
Entertainment is nice. But it is decidedly secondary in terms of economic priorities.
Moncton made the ICF Top 7 most intelligent cities recently. It has a tendency to keep surprising people. I suspect that trend just might continue.
Entertainment hub? Nah.