Sept 12, 2019
ADDRESSING REGIONAL IMBALANCES CRITICAL TO ONTARIO’S FUTURE
Industry report outlines strategies to unlock the economic potential of communities across the province
Brockville, Sept 12, 2019 – Today, the Ontario Chamber of Commerce (OCC) and the Brockville & District Chamber of Commerce released a new report, The Great Mosaic: Reviving Ontario’s Regional Economies. The report outlines how government of all levels can work with industry to unleash the potential of Ontario’s regional economies and reinforce the competitiveness of the province as a whole.
“We are only as strong as our weakest link and our ability to prosper depends on the strength of our different regions. Economic and population growth rates in the Greater Golden Horseshoe and Ottawa have far surpassed those in other areas of the province,” said Rocco Rossi, President and CEO of the Ontario Chamber of Commerce. “Our communities – and the province as a whole – risk falling behind if we do not leverage the rich and diverse competitive advantages of our local economies.”
The Great Mosaic: Reviving Ontario’s Regional Economies examines the opportunities and challenges faced by different communities across the province and offers a framework for thinking about the present and future of Ontario’s regional economies.
“We urge policymakers to take a modern and comprehensive approach to economic development by leveraging the existing competitiveness advantages of Ontario’s regions, and implement deliberate strategies to support long-term growth in communities across the province,” added Rossi.
The OCC’s report makes 17 recommendations to strengthen the well-being of Ontario’s regions. Key takeaways include:
- The most cost-effective way to drive economic development is to cultivate talent, trade, and infrastructure. Governments should make it a priority to upgrade transportation and energy networks, modernize their regulations and business supports, offer dynamic education and training opportunities, and encourage labour mobility.
- Building regional capacity for innovation is fundamental to productivity and growth. This means improving commercialization and technology adoption, strengthening regional innovation centres, expanding broadband internet access, and facilitating cluster development.
- Modern governance of economic development should empower a wide range of stakeholders including businesses, post-secondary institutions, and not-for-profit organizations outside government. Regional collaboration, economic reconciliation with Indigenous peoples, and the use of data are all critical to mobilizing local assets.
“In the face of technological transformation and globalization, there is no question that Ontario has what it takes to succeed. We are optimistic that the province can successfully navigate the modern economy if we work together to unlock the economic potential of our communities,” says
Pamela Robertson, Executive Director of the Brockville and District Chamber of Commerce
Investing in Canada Infrastructure Program, the Community Culture and Recreation Stream (CCR) - Deadline Nov 12, 2019
Please see attached. Capitol funding for Municipalities and non-profit sector (new builds or renovations; including Trails).
Follow the link and look at the guidelines.
If you have any questions, please contact me. 😊
Ontario Regional and Corporate Services Division
Ministry of Tourism, Culture and Sport
Ministry for Seniors and Accessibility
Cell: (613) 540-1198
The Brockville and District Chamber of Commerce and Brett Tanner, Regional Director for the Chambers Plan are pleased to announce that O’Farrell Financial will now be joining us in Brockville to market, sell and service members and local business not currently with the Chambers of Commerce Group Insurance Plan. Below is a brief synopsis of what O’Farrell Financial is all about in their own words;
“At O’Farrell Financial, we provide employee benefits and group retirement savings plan’s as well as financial and estate planning services to help our clients live the life they want today and secure the legacy they want for tomorrow. Regardless of where we are in our lives, whether we’re starting a family or planning our estate, purchasing a home or planning for retirement, a plan helps us get the best of what we want the most. That’s why our clients count on us to support them in creating and acting on plans that meet them where they are in life. Our Employee Benefits Division specializes in providing our clients with the best possible solution for their unique needs. David Murray, will work with your organization to obtain the most cost-effective sustainable plan available, to ensure you get the best plan design to attract and retain key employees. Working with the Chambers Plan its unique pooling system and not for profit nature also provides for more long term cost certainty and stable renewals. Creating the employee benefits plan for your business takes experience and knowledgeable advice; we will work with you to find the right fit.”
Phone: 613-774-2456 Ext: 427