29 Nov 2017
Saint John residents believe Energy East cancellation will have negative economic impact
HALIFAX, NS November 29, 2017: It has recently been announced that TransCanada will not be proceeding with the Energy East pipeline project. Residents in the Saint John Census Metropolitan Area (CMA) believe that this decision will have a negative impact on the economy of the Greater Saint John area moving forward, according to the most recent survey conducted by Corporate Research Associates Inc.
Specifically, on a scale of 1 to 10, where “1” is an extremely negative impact and “10” is an extremely positive impact, the average rating of the impact on the economy moving forward is 3.5 out of 10. Of note, one-half (52%) of residents in the Saint John CMA rate the impact of the decision as 1, 2, or 3 on a 1 to 10 scale, with three in ten (30%) indicating that the decision will have an extremely negative impact on the area’s economy moving forward (rating of 1 out of 10).
“It is clear to the majority of Saint John residents that the cancellation of the Energy East project will have a negative economic impact on the area’s economy,” said Don Mills, Chairman and CEO of Corporate Research Associates Inc. “The question remains, what will replace economic benefits from this lost opportunity?”
These results are part of the CRA Urban Report, an independent telephone survey of 300 Saint John (Census Metropolitan Area (CMA)) adult residents, 18 years of age or older, conducted from October 20 to November 5, 2017. Overall results are accurate to within ±5.7 percentage points, 95 out of 100 times.
Corporate Research Associates (CRA), www.cra.ca, is one of Canada’s leading public opinion and market research companies. Founded in 1978, CRA is dedicated to providing clients with state-of-the-art research and strategic consulting services. CRA is a Certified Gold Seal Member of the Marketing Research and Intelligence Association (MRIA), which sets stringent standards as a condition of membership, and enforces those standards through independent audits. Follow us on Twitter @CRAInsight.
For more information, please contact:
Don Mills, Chairman and CEO at (902) 493-3838