Advertising by Cable Bay Resort

A paid full-page advertisement on the back cover of today's Nanaimo News Bulletin Daily carries the following statement in support of the proposed Cable Bay Golf Resort and Spa:

“Approx. $30 million per year in wages for approx. 500 new jobs for local workers will be generated (based on consultants report)”

Let's see: $30 million a year divided by 500 jobs is $60,000 in wages for each new job.

$60,000 a year divided by 52 weeks is $1,153.85 a week per job.

$1,153.85 a week divided by 40 hours is $28.85 an hour.

Are we to believe that the Calgary developers behind Cable Bay and other related businesses will pay their service workers $28.85 an hour? In a province where the mean-spirited Gordon Campbell government won't even raise the minimum wage above $8?

If the example above is any indication, the figures in the Cable Bay advertisement are highly questionable, to say the least. A public hearing sponsored by the City of Nanaimo on the use of the Cable Bay Lands will be held in the Port of Nanaimo Centre (aka the Vancouver Island Conference Centre) this Thursday, September 4, 2008, at 7 pm, and I urge everyone to attend.

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