Economic Development Strategy Approved

A strong and innovative business community is key to ensuring that Halton Region can continue to prosper. More and more businesses, such as Target, Siemens, UPS and Sensient are choosing to call Halton home. Combined, these four companies are bringing 1,300 to 1,400 jobs to Halton. They choose to locate here because of Halton’s high quality of life and our excellent track record with keeping taxes low.

To continue this trend, on December 14, 2011, Regional Council approved a new ten-year Halton Region Economic Development Strategic Implementation Plan that will guide Halton Region Economic Development, in partnership with our local municipal partners in Burlington external link, Halton Hills external link, Milton external link and Oakville external link.

The Strategic Implementation Plan:

  • builds on the vision for economic development approved by Halton Regional Council last fall
  • establishes direction for Halton Region’s Economic Development services and programs
  • informs decision making for economic development within the Region. 

One of the key Citizens’ Priorities identified by Halton residents is to attract and retain jobs. To help achieve this goal, the Strategic Implementation Plan sets out 23 directions with specific actions, targets and performance measures. 

In addition, a Strategic Directions Report was developed by Millier Dickinson Blais Inc. This report provides directions in five key pillars supporting economic growth in the region, namely:

  • Employment lands – ensure sufficient supply of employment lands in Halton to meet Halton’s growth forecast and fiscal objectives and monitor land absorption
  • Existing and emerging sectors – undertake information gathering, liaison and support local sector-based strategies
  • Investment attraction and retention – establish an investment attraction plan for office and export-oriented development, a “Regional investment response” team, an online data resource centre and ensure industrial tax rates and non-residential development charges are competitive
  • Entrepreneurship and innovation – Establish a north Halton Small Business Centre, empower young entrepreneurs and develop entrepreneurship programs for Newcomers
  • Quality of place – support priority areas, e.g., physician recruitment, tourism and agriculture

Halton Region’s Economic Development division will report back to Council annually on its progress in achieving the Strategic Implementation Plan.

If you have any Regional concerns or comments you would like to share, please feel free to email me at gary.carr@halton.ca. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”