Lease approved for Irving Oil

A 99-year lease of Long Wharf to Irving Oil Ltd. has been approved by the federal government, paving the way for the company to build its $30-million world headquarters on the waterfront.

SAINT JOHN, N.B. — A 99-year lease of Long Wharf to Irving Oil Ltd. has been approved by the federal government, paving the way for the company to build its $30-million world headquarters on the waterfront.

Saint John MP Rodney Weston received word from Transport and Infrastructure Minister John Baird on Thursday.

“We’ve got it,” he said. “The federal approvals are in place for the Long Wharf project to proceed. This is huge. It’s one step closer to ensuring there will be a $30-million investment in this community.”

Securing the Long Wharf leasing deal was one of four election promises Weston made and a crucial step for those who support developing the area.

“This has been a hurdle,” Weston said. “If anybody wanders through the bureaucracy, they know it’s no small feat.”

The deal would also see Irving Oil hand over the former Lantic Sugar site, which it has a tentative deal to buy from the city for $1.2 million, for a section of Long Wharf where its new headquarters would be built.

Weston declined to divulge any other lease details. The MP said his pitch to the federal minister hinged on the fact that no federal dollars were needed.

Just Posted

Rural transit service rolled out

2A South Regional Transit will link Innisfail and Penhold with Red Deer

Some Red Deer waste collection schedules change due to holiday season

Tuesday collections will be moved for two weeks

Red Deer ‘champion’ helps hospital by sharing ongoing petition

It’s been about three years since many physicians at Red Deer Regional… Continue reading

Red Deer Airport’s prospects are looking up for 2019

Ultra-low-cost passenger service is on the horizon

Funding down for Red Deer Christmas charities

Food hampers and toys for children going out to those in need

Alberta’s Sundial starts shipping to AGLC this week

Sundial’s Rocky View facility has received the green light from Health Canada… Continue reading

Penny Marshall dead at 75, best known as TV’s Laverne and director of ‘Big,’ ‘A League of Their Own’

Bronx-born Penny Marshall, who found ’70s sitcom success on “Laverne and Shirley”… Continue reading

Chabot scores overtime winner to lift Senators over Predators 4-3

OTTAWA — Thomas Chabot saw an opening and he took it. And… Continue reading

Canadian Marielle Thompson earns World Cup ski cross bronze in season opener

AROSA, Switzerland — Canada’s Marielle Thompson captured bronze at the opening World… Continue reading

Canada doesn’t make Oscars short list for best foreign language film

LOS ANGELES — Canada is no longer in the running for best… Continue reading

Warrant issued for arrest of ‘Schwimmer lookalike’ suspect

LONDON — A British judge has issued an arrest warrant for an… Continue reading

Moneywise: Canadian workers unhappy with pay, want pension plans

Many working Canadians are feeling underpaid and are so worried about their… Continue reading

Brazil police say faith healer has turned himself in

RIO DE JANEIRO — A celebrity faith healer accused of sexually abusing… Continue reading

B.C. hockey coach creates ‘gear library’ to remove cost barrier of sport

VANCOUVER — Nicola Froese says she has always loved playing sports, but… Continue reading

Most Read