The province attributes the gain to the various promotional programs put in place by government and industry groups.

The city completed $166 million worth of infrastructure development work last year. That figure more than doubles the city’s output in 2021.

The job report comes two days after the Bank of Canada raised its key interest rate by a quarter of a percentage point, bringing it to 4.75 per cent, the highest it’s been since 2001.

A memorandum of understanding between the town and development partners Streetcar & Dream will be sent for full council approval later this month.

Conard takes over from Ezio Savini, who retires this month.