The exact cost isn't known yet but renovating the Trade and Convention Centre will cost something like 9 million dollars. With the other funding commitments, City Manager Pat Woods concedes for this to happen, the federal and provincial governments will have to step up to the plate and help.
A business case has been put together by the city with the help of Enterprise Saint John. Moncton will soon be opening up a new convention centre adjacent to the gambling casino which will be up and running tomorrow. Saint John will face even more competition when Fredericton's new convention centre opens.
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