A proposed data centre in Lorneville represents a significant opportunity for the region, according to the Saint John Region Chamber of Commerce.
In a statement responding to an economic impact assessment prepared by Jupia Consultants, Chamber CEO Shannon Merrifield said there appears to be significant opportunity to attract investment, create employment, grow local businesses and strengthen the region’s tax base.
The assessment estimates approximately $5.8 billion in capital investment and up to 1,200 to 1,300 workers during the peak of construction.
“For the Saint John region, this could mean substantial opportunities for construction companies, skilled trades, engineering firms, transportation providers and other local suppliers,” the statement said.
The potential municipal contribution is significant.
According to the statement, the report estimates $25 million in annual property tax revenue could improve the city’s ability to invest in infrastructure and services.
The Chamber also highlighted an opportunity to build “lasting regional capacity,” including partnerships with post-secondary institutions, opportunities for local procurement that could help local businesses and meaningful Indigenous participation
But the Chamber also stressed the need for meaningful steps to evaluate the proposal and working with the community.
That includes the environmental impact assessment and establishing clear, enforceable conditions for any development.
“We believe clear guidelines and guardrails should address electricity supply and reliability, protection for existing ratepayers, water use, emissions, noise and the costs of supporting infrastructure,” the statement said.
“Our support for pursuing this opportunity goes hand in hand with our support for a rigorous EIA process, responsible development and clear expectations that translate investment into lasting benefits for the region.”
