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ELLIOT LAKE Business Retention + Expansion 2007 and Beyond.

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Presentation on theme: "ELLIOT LAKE Business Retention + Expansion 2007 and Beyond."— Presentation transcript:

1 ELLIOT LAKE Business Retention + Expansion 2007 and Beyond

2 Environmental Scan CensusCensus Changing economyChanging economy AWIC – labour shortagesAWIC – labour shortages BR+EBR+E Elliot LakeElliot Lake North ShoreNorth Shore

3 Algoma Area

4 Elliot Lake BR+E - Business Status 45% will expand, 48% stay same size in next three years 45% will expand, 48% stay same size in next three years Expansion will mean renovations, equipment, hiring, and investment in Elliot Lake Expansion will mean renovations, equipment, hiring, and investment in Elliot Lake NOTE: Expansion is likely to happen, yet labour shortages are evident (workforce) NOTE: Expansion is likely to happen, yet labour shortages are evident (workforce)

5 Workforce 38% have more employees than 3 years ago 38% have more employees than 3 years ago 42% need more labour 42% need more labour 71% - skilled labour an issue 71% - skilled labour an issue 62 positions to be filled now (229) 62 positions to be filled now (229) 207 in 3 years (766) 207 in 3 years (766) 41% unskilled, 29% trades 41% unskilled, 29% trades Recruitment difficult, retention is fine Recruitment difficult, retention is fine

6 Housing Market (in thousands) Type of House 20012006 Detached bungalow 5188 Detached Split Level 6688 Detached 2 Storey 5783 1 ½ Storey 4076 Semi. Det. Bungalow 4160 Semi 2 Storey 2851 Semi Split Level 3871 Freehold Townhouse 2943 Condo Townhouse 2240 source: Elliot Lake and District Chamber of Commerce

7 Blind River BR+E - Business Status 20 business looking to expand 20 business looking to expand Most mention access to capital rather than labour issues Most mention access to capital rather than labour issues 40.5% of those looking to expand list skilled labour as issue 40.5% of those looking to expand list skilled labour as issue Most see workforce development as important (85%) Most see workforce development as important (85%) More linked to developing existing workforce More linked to developing existing workforce

8 Update since Nov. 2006 Process and Progress: Retail study implementation Retail study implementation Leadership Team review of Task Force Priorities (Feb and March) Leadership Team review of Task Force Priorities (Feb and March) City Hall restructuring and planning (staff and Council) City Hall restructuring and planning (staff and Council) Leadership Team consensus on priorities Leadership Team consensus on priorities

9 Priorities Categorized all Suggestions by Task Force: Categorized all Suggestions by Task Force: 1) Priority Areas: implementation ASAP by partners 2) Municipal: traditional municipal role 3) Longer Term or Need Community Input: Issues / projects that need further input and Issues / projects that need further input and will therefore take longer.

10 Priorities 1) Retail Leakage Study 1) Retail Leakage Study 2) Business Improvement Area / Community Beautification 3) Reverse Community Adjustment Centre (aka Labour and Training Strategy) 4) Investment Readiness and Economic Development Planning (i.e. one stop shop) 5) Improving and Formalizing Networking and Communication

11 Retail Leakage 300 phone surveys across all demographic 300 phone surveys across all demographic groups groups Data entry done Data entry done All data is public = community project All data is public = community project data available online by May 30 th data available online by May 30 th public meeting to reveal results public meeting to reveal results Available for all businesses to use for their own Available for all businesses to use for their own needs and/or for recruitment efforts needs and/or for recruitment efforts

12 Business Improvement Area / Community Beautification BIA working group needed to seek input and start reviewing process, willingness etc BIA working group needed to seek input and start reviewing process, willingness etc General beautification efforts ad hoc (i.e. boardwalks, boat launches, signage etc) General beautification efforts ad hoc (i.e. boardwalks, boat launches, signage etc)

13 Reverse Adjustment Centre / Labour and Training Working group needed to determine scale Working group needed to determine scale and nature of immediate problem and nature of immediate problem Help employers talk to trainers Help employers talk to trainers Help employers talk to economic Help employers talk to economic development stakeholders development stakeholders Quantify Supply and Demand pressures Quantify Supply and Demand pressures

14 Investment Readiness / Planning One stop shop for economic development issues One stop shop for economic development issues (both local support and outside inquiries) (both local support and outside inquiries) Investment readiness (some progress made, Investment readiness (some progress made, more to come...) more to come...) Municipal strategic planning - public input Municipal strategic planning - public input New resources New resources

15 Networking / Communication Keep talking...BIA, labour etc Keep talking...BIA, labour etc Chamber of Commerce meetings Chamber of Commerce meetings Ideas? Ideas?

16 What Next ? Release retail study results Release retail study results Report to City Council, CFDC, ELNOS and Report to City Council, CFDC, ELNOS and Chamber Boards Chamber Boards Assemble working groups (find leaders/volunteers) Assemble working groups (find leaders/volunteers) Identify resources to support process... Identify resources to support process...

17 Questions ?


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