A Motivational Meeting of Minds

What issues do more than one hundred Ontario business leaders have in common? Plenty, as it turns out. Just ask the attendees at the 18th annual Wisdom Exchange. Held in Toronto and hosted by the Ontario Ministry of Economic Development, Trade and Employment’s (MEDTE) Business Advisory Services, this day-and-a-half peer-to-peer networking forum was attended by

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Mississauga – the city and the economy that Hazel built

Two postcard-perfect new condominium towers in downtown Mississauga have been playfully dubbed “The Marilyns” because their twisting curvaceous forms evoke images of one of the 20th century’s most iconic women: the incomparable silver screen diva Marilyn Monroe. And that is rather fitting for a city that has been created more or less from scratch by

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Business Improvement Areas: Helping Mainstreet Ontario Thrive

How important is a downtown core? Experts say if the core is healthy, the community is healthy; and if the community is healthy, economic development is healthy. In communities across Ontario, Business Improvement Areas (BIA) work diligently to build the strength and good health of their downtown cores. They revitalize main streets, beautify streetscapes, promote

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Canada’s Technology Triangle: Waterloo Region’s Secret Weapon

With a mandate to attract direct foreign investment to Waterloo Region, Canada’s Technology Triangle is front-and-centre in a global race of high stakes and heavy competition. “Silicon Valley, New York, London, Beijing – today, all jurisdictions actively promote their competitive advantage to potential investors,” says John Jung, CTT’s Chief Executive Officer. “We work to ensure

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Creating jobs in southwestern Ontario

A new $20-million fund aimed at creating jobs in southwestern Ontario through co-investment partnership is in the works. The Southwestern Ontario Development Fund (SWODF) was proposed as part of the Attracting Investment and Creating Jobs Act introduced last November by the Ontario government and is now making its way through the legislature.  SWODF follows the

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Southwestern communities band together to attract investment

Seven mid-sized Ontario communities are showing that in unity there is economic development strength. The seven have combined to form a marketing powerhouse that is gaining recognition in targeted markets around the world but especially in Japan. “We kept bumping into each other at the same trade shows, each with our own booth,” says Brad

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Woodstock: Where the Past and the Future Meet

   Conveniently situated halfway between Toronto and Detroit in the centre of south-western Ontario, Woodstock prides itself as one of the few Ontario municipalities to retain its original pre-Confederation public buildings and Victorian-era heritage homes. Originally settled in 1800 after Upper Canada Lieutenant Governor Sir John Graves Simcoe deemed it a “Town Plot” suitable for

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Community on the Rebound – Smiths Falls, Ontario

The Rideau Regional Centre closes:  830 jobs lost. Hershey plant relocates to the U.S.:  550 jobs lost. Stanley Works Toolbox Plant leaves Smiths Falls to relocate in Ohio:  175 jobs lost. For a community of 9,000 people, these headlines are very real. The loss of 1,700 jobs overall is devastating, not only to the workers and

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Eastern Ontario Development Fund: revving up the economic engine

Eastern Ontario offers so much. It has charming rural communities and dynamic urban centres, small creative businesses and large industrial players, a rich sense of history and a forward-thinking population. It is an important contributor to Ontario’s economy, representing 12 per cent of the total Gross Domestic Product for the province.  It has unlimited potential

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Hamilton: The Comeback Kid of Canadian cities

At one point during the fourth annual Hamilton Economic Summit (HES) in May, one of the attendees approached the event’s managing director, Richard Allen, to enthuse about “the raging optimism” evident, he believed, in the city that steel built.