Saturday, November 02, 2013

GTDI will push regional economic development

Southern Georgian Bay municipalities need to work together to promote the region as a great place to do business, or risk missing out on a huge economic development opportunity.

The Georgian Triangle Development Institute (GTDI) will be pushing for local municipalities to work collaboratively after a recent regional economic development forum held at the Toronto Ski Club.

The forum heard that in June of 2011, an economic development strategy for South Georgian Bay was completed and accepted by all four municipalities in the region, however, to date, the strategy is not being implemented.

The GTDI is concerned that although the South Georgian Bay region is Ontario’s only four season destination recreational area, with the best lifestyle, great communities, services and attractions, available land and housing, and a good population base, it is not effectively selling the power of the South Georgian Bay region as a place for business.

“By not doing so, we are missing opportunities to attract great labour force talent, new small
businesses, support existing small business growth and attract sources of funding to do so,” said the GTDI in a statement at the close of the forum. More here.

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