10 Years Ago...
The third quarter commercial real estate market survey by Colliers International (Atlantic) Inc. has the Burnside...
10 years ago... The third quarter commercial real estate market survey by Colliers International (Atlantic) Inc. has the Burnside Industrial Park's vacancy rate at 3.1 per cent, the lowest ever recorded. Pam MacFarlane, research director at Colliers, says vacant space is less than 130,000 square feet. "This is the lowest rate ever recorded in more than 15 years of data collection." New construction is taking place in the park to help alleviate the strain. The construction of the second phase of Burnside 2000 was spurred by strong activity during 2001.
10 years ago... The Burnside Business Watch is awaiting funding approval on a proposal it believes will assist the fight against crime by nipping it in the bud and preventing the kinds of societal erosion that lead people to become criminals. The proposal, sponsored by the Board of Directors of the Burnside Business Watch Society, is before the federal Department of Justice, which has supported several other Watch initiatives in the past. The proposal has two major components: 1) identifying up to 24 youth from residential areas surrounding Burnside to participate in a two-day workshop on such social issues as drugs, theft, prostitution and the effects such criminal behaviors have on society, and 2) crime prevention training for the Watch officers.
10 years ago... The long awaited traffic study on the extension to Wright Avenue is finally in the hands of Tom Rath and the Corporate Real Estate Services office and its impact on Burnside will be profound. Rath says the report makes several key recommendations regarding the need for the extension and a new intersection with Burnside Drive. His office is drafting a response to be presented along with the report to Municipal Council.
10 years ago... Canada Post is set to open new shipping centres in four metro locations of Staples Business Depot, including ones in Burnside and Bayers Lakes parks. The new shipping centres will offer business customers the ability to handle all their shipping needs, including postage, packaging, meters and a choice of delivery methods: regular post, ExpressPost and/or Purolator. Ena Chipman, manager of the Burnside Staples, says the addition of the postal service is an extension of the company's new "Total Solutions" strategy, which is designed to offer customers a variety of business services all under one roof.
10 years ago... Building on the success of the Team Canada Atlantic Mission to Atlanta in May of 2001, federal and provincial trade ministers led a follow-up trade mission to Atlanta in mid-November to promote trade and investment opportunities. Approximately 40 export-ready companies from the Atlantic Provinces participated, including two Burnside companies. Fabco Industries Ltd, a 30-year-old company specializing in emergency ship repair and metal fabrication, along with another metal fabricator, RKO Steel Limited, are both looking to increase business south of the border.
10 years ago... Burnside companies are certainly not immune to the economic impact of the September 11 attacks and a slowing economy. Sleeman Breweries is reporting an 18 per cent decline in quarterly earnings and falling beer sales since the attacks. Even volunteer organizations aren't immune to adversity. A business watch program in downtown Dartmouth, modeled after Burnside's own, is folding because it can't attract enough volunteers. The program needs just eight volunteers to operate properly, but even newspaper ads failed to attract more than two.
10 years ago... Last year, Canadian consumers spent $16 billion on Christmas gifts by the close of business on Christmas Eve. This year, the figures are expected to be higher. Consumers are offered the following tips: plan your shopping, know how you'll pay for purchases, beware holiday bargains, check refund policies, be informed about online and catalogue vendors, and start as early as possible.