Kawartha Lakes - Economic Development
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Economic Development Strategy

Background

In January 2016, Council adopted a five (5) year Corporate Strategic Plan (Plan) to establish a vision for the Kawartha Lakes and guide activities, programs and resources. The Plan was established on three strategic goals. Of the three strategic goals, a vibrant and growing economy was identified as the highest Council priority for 2016. To achieve this, Council requested the development and execution of a comprehensive economic development strategy to facilitate a stronger and more diversified economy with an emphasis on business attraction and employment growth.

Across the City, local businesses, organizations and associations contribute significantly to the economic development of the City as a whole, and individual communities. Current and future economic vitality will be heavily influenced by working partnerships between and within the City and these key stakeholders. Collaboration with these groups is an important part of the strategy process.

The Economic Development Strategy project has six objectives:

  1. Review the current economic development program;
  2. Benchmark and recommend best practice for each program area;
  3. Recommend actions to strengthen existing industries;
  4. Identify new opportunities to diversify the economic base and position the City for future economic growth;
  5. Improve policies and processes to attract and support business investment; and
  6. Develop an action based implementation plan including projects and programs with performance metrics

Process to date

There are four stages to the Economic Development Strategy process:

1.     Research + Analysis

2.     Community Engagement

3.     Strategy Development

4.     Implementation + Measurement

In November 2016, the City retained the consulting firm Tenzing Communications Inc. to work in collaboration with Staff to develop the action oriented strategy. Tenzing Communications Inc. is a strategic business and marketing development company that has delivered successful and unique projects with the City of St. Thomas, City of Mississauga and Bruce County.

Throughout Winter 2016/2017, background research and analysis was completed including a review of existing strategies and policies that influence economic development, and an . A statistical analysis of the Kawartha Lakes economy was also completed to review business, labour and demographic information.

The project is currently in Stage 2; Stakeholder Engagement. In April, 20 organizations with an economic development mandate, with total attendance of approximately 50 people from a types of industries, met to discuss the economic future of Kawartha Lakes. In addition, almost 300 local businesses and community members shared their thoughts through an online survey.

Where to from here

The next step is to complete Stage 2; Stakeholder Engagement, and combine this input with information gathered through Stage 1; Research and Analysis. Together, this will inform the direction of the Strategy and define actions to make a difference in the Kawartha Lakes economy.

Presentations

Presentation to local Chambers of Commerce (2016)

Presentation to City of Kawartha Lakes Council (February 2017)

For more information contact:

Rebecca Mustard,
Manager Economic Development
Email:
rmustard@city.kawarthalakes.on.ca
Telephone at 705-324-9411 extension 1395


180 Kent St. W, Lindsay, OntarioK9V 2Y6
Phone 705-324-9411
Toll Free 1-866-397-6673

Link to City of Kawartha LakesLink to City of Kawartha Lakes Tourismlink to KLSBEC.ca