Why does Halifax need a new convention centre?

The World Trade and Convention Centre (WTCC) is over 25 years old and has remained unchanged since it was built. As noted in both the Criterion Communications Phase I Report and the HLT Advisory Assessment, the WTCC has fallen below industry standards. The WTCC is limited in its ability to host more than one event at a time, and as a result, Nova Scotia is losing business and the jobs and benefits that come from the convention and major events business.