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Page 1: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Page 2: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Annual General Meeting Presentation June 12, 2017

Page 3: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

CEDC assisted company to secure $137,500 from NOHFC – “Small Business Start-Up” program

6 new jobs

Identified site for manufacturing operations (former Northern Sawmill property)

Rev Trailers (manufacturing)

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Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs through site visits, newsletters, and social media.

Page 4: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

On the 29th of June, 2016, Heddle Marine Service Inc. (Heddle) reached an agreement to acquire the Thunder Bay Shipyard from Hagoth Inc.

After purchasing the Thunder Bay Shipyard, Rick Heddle, President of Heddle Marine, set into motion the formation of a local Thunder Bay start-up company that will be known as Current River Holdings Inc.

Current River Holdings Inc., in collaboration with local partner Fabmar Metals Inc. (Fabmar), will operate the Thunder Bay Shipyard once it becomes operational sometime in the spring of 2017.

A major factor in Heddle’s final investment decision was the proactive support of the Thunder Bay Community Economic Development Commission as well as the Thunder Bay Port Authority.

Thunder Bay Shipyard Acquired by Heddle Marine Service Inc.

4 Business Retention & Expansion Priority 4 Develop business recruitment strategies and succession planning by working with our community partners.

Page 5: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Business Retention and Expansion

Succession Planning

Business Opportunities website

21 businesses for sale currently listed; 6 have sold

WANTED listings by potential buyers and investors

Working closely with bankers and accountants in trying to identify buyers

Formed new relationships with Association of Chinese Canadian Entrepreneurs and the Canada India Business Council to attract new investment and potential buyers

Promotion of businesses listings through digital media

Expanding the reach beyond the local scope

Targeted to potential buyers by location, demographics, interests, education, employment, etc.

Business owners have received more inquiries as a result of this promotion

5 Business Retention & Expansion Priority 4 Develop business recruitment strategies and succession planning by working with our community partners.

Page 6: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Funding Accessed Through CEDC Assistance in 2016 Futurpreneur Program - 1 company $ 12,000

Northern Ontario Heritage Fund - 7 companies $ 1,179,250

Starter Company Program grants - 31 companies $ 155,000

Export Marketing Assistance Program - 7 companies $ 69,350

Strategic Export Marketing Assistance Program - 5 companies $ 75,000

hub: north (Small Business Incubation Zone) - pilot project Ministry of Research and Innovation (MRI) $ 106,000

PARO SENO Program - 3 recipients $ 33,000

NADF - equity assistance - 1 company $ 10,000

Co-starter program grant - 1 company $ 15,000

2016 Summer Company program grants - 13 participants $ 39,000

Enter the Den program grant - 1 recipent $ 1,500

Canada Ontario Job Grants - 2 local companies $ 11,500

Industrial Research Assistance Program (IRAP) etc. - 1 company $ 80,000

Confederation College - TEC Hub $ 18,542,000

Italian Chamber of Commerce - trade mission funding and other supports - 1 company $ 5,000

Italian Trade Commission funding - 1 educational institution $ 5,000

Total funding, grants, etc. $20,338,600

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Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs through site visits, newsletters, and social media.

Page 7: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Confederation College Tec Hub

Economic Impact

$19 million, 40,000 square foot facility

Support 100 additional post secondary students

An increase of 200+ new contract training students

250 construction jobs for one year

CEDC contributed $500,000 to this project

7

Training and Educational Community Priorities 1, 2 and 3 1) We need to generate skills locally to retain and expand this community.

2) First Nations Community is important – they are now producing highly qualified competent occupations, however, not in skilled in trades – there is a considerable opportunity in this area to generate interest.

3) Understand and support the growth of ‘shops’ in our education system. CEDC will assist through our partners in helping to increase this section of our education system to increase the Thunder Bay Labour force, trade availability and supply.

Page 8: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Confederation College Tec Hub

How does this make a difference?

Expanded training opportunities

Expanded economic return

Retention and development of innovative business

Growth of research and innovation in the region

Capacity building of First Nations

8

Training and Educational Community Priorities 1, 2 and 3 1) We need to generate skills locally to retain and expand this community.

2) First Nations Community is important – they are now producing highly qualified competent occupations, however, not in skilled in trades – there is a considerable opportunity in this area to generate interest.

3) Understand and support the growth of ‘shops’ in our education system. CEDC will assist through our partners in helping to increase this section of our education system to increase the Thunder Bay Labour force, trade availability and supply.

Page 9: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Thunder Bay & District Entrepreneur Centre

Total Client Consultations (not including youth programs): 423

40 businesses started or expanded

50 jobs created

Administered Summer Company for 13 students to create their own jobs (2 of which earned co-op credits)

Administered Starter Company admitting 38 people into the program, and providing 29 grants for $145,000

Totaling 51 grant recipients over the 2-year program

Funding from Ministry for Entrepreneur Pilot Program – which we developed “hub:north” and helped to fund Costarter 2 in partnership with Thunder Bay Public Library and Northwestern Ontario Innovation Centre

Costarter 2 funded five companies at $15,000 each

Approved for additional funding to continue in 2017

Entrepreneurship Priorities 1 and 3 1) Continue to market services and increase awareness of the Centre in the community and region 3) Consistent delivery of training and seminars to regions of Atikokan, Superior North and Greenstone.

Page 10: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Entrepreneurship

Starter Company Success Starter Company Participant Sectors

Construction – 5

Manufacturing – 5

Retail – 4

Healthcare – 10

Arts & Entertainment – 8

Food – 9

Tourism – 2

Other services – 8

51 companies total

$250,000 accessed over 2 years

Page 11: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Mining Readiness Strategy (MRS)

Supply Chain

CEDC worked successfully with New Gold Inc’s Business Development Manager to assist Thunder Bay companies to prequalify and bid on mine/mill construction of New Gold – Rainy River Mine project, located at EMO.

*Approximately 35 Thunder Bay companies have secured contracts with New Gold Inc. on the construction of the Rainy River Project, totalling over $80 million. EKT90, a Thunder Bay mechanical firm have secured the largest contract, and is building the mill circuit, scheduled for production in November 2017. EKT90 has 135-150 Thunder Bay union trades personnel on site (10-12 months)

CEDC worked directly with Ledcor Construction to identify 48 temporary heavy equipment operators (6 months) to rebuild North American Palladium’s Lac des Iles mine tailings pond containment areas.

Business Retention & Expansion Priority 3 Enhance awareness of global markets and exporting through seminars, webinars, supplier visits and trade associations the CEDC may sponsor. CEDC will help identify what potential is out there to expand, diversify, and attract.

Mining Readiness Strategy Priority 8 Supply Chain – Expanding existing business opportunities and attracting new businesses to supply the mines.

Page 12: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Mining Readiness Strategy

New Gold Inc. (Rainy River Project) - Mill Construction

Page 13: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Mining Readiness Strategy (MRS)

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Page 14: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Thunder Bay Film And Television Corporation (TBFTDC)

TBFTDC aims to promote Thunder Bay film and television producers and service companies while looking for opportunities to establish working relationships with peer organizations and funding agencies.

The biggest success has been the attraction of two films to Thunder Bay with a value of $2.3million in production - Angelique’s Isle and Poor Agnes.

We also have the potential for two more films to come in 2017 and 2018. One will be $1.5 million and the other is a pilot for a TV series with an estimated $300,000 pilot project. The potential if the pilot is picked up is for 12 episodes.

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Social Enterprise, ICT, Regional Food and Film Through programs offered by the Entrepreneur Centre, Business Retention & Expansion, Innovative Manufacturing and Logistics and Supply, we will help support the businesses in these sectors.

Page 15: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Social Enterprise, ICT, Regional Food, Community Health Sciences Recruiter, Film

Social Enterprise of Northern Ontario (SENO)

Partnership with PARO Centre for Women’s Business and other community partners

The CEDC has provided funding for the social enterprise ($40,000) as grants

A total of 30 businesses have received grants and loans throughout Northern Ontario, with 15 of them in Thunder Bay

Social Enterprise, ICT, Regional Food and Film Through programs offered by the Entrepreneur Centre, Business Retention & Expansion, Innovative Manufacturing and Logistics and Supply, we will help support the businesses in these sectors.

Page 16: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Entrepreneurship

Food Strategy Initiated partnership around the Thunder Bay and Area Food Strategy’s market study

Committed $30,000 to the project costs

The goal of the study is to take an accurate snapshot of the demand for locally grown/processed foods within the city to be able to assist local producers with accurate information as they plan their start ups or expansions

http://tbfoodstrategy.com/news/thunder-bay-and-area-food-and-agriculture-market-study/

The study should be complete for fall of 2017

16

Social Enterprise, ICT, Regional Food and Film Through programs offered by the Entrepreneur Centre, Business Retention & Expansion, Innovative Manufacturing and Logistics and Supply, we will help support the businesses in these sectors.

Page 17: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Community Health Sciences Recruiter

The Physician Recruitment position has been transferred to the CEDC and is now called Community Health Sciences Recruiter

We’ve broadened the scope of the job to respond to community needs

Caitlyn Phirbny has been hired into this role as of July 2016

Social Enterprise, ICT, Regional Food, Community Health Sciences Recruiter, Film

Page 18: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Community Health Sciences Recruitment

Year Family Physicians Specialist Physicians Healthcare

Professionals Totals

2010 4 19 10 33

2011 4 11 0 15

2012 7 13 2 22

2013 6 14 1 21

2014 14 17 4 35

2015 6 16 2 24

2016 6 27 6 39

47 117 25

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Annual Health Care Recruitment Stats

Page 19: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Family Physician Positions Based on Practice Options

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PRACTICE MODEL # OF

ORGANIZATIONS

LOCALLY

# OF ESTIMATED

PHYSICIANS

# OF ESTIMATED

AVAILABLE

POSITIONS

Family Health Organization

(FHO)

4 52 4

Family Health Team (FHT)

*can be multiple practice

models

4 2

*not counted in other

category

0

Family Health Group (FHG) 3 30 5

NOT ROSTERING PATIENTS

Hospital Based 1 46 4

Community Based Practice 2 14 0

Independent Multiple 32 Unlimited

ALTERNATIVE TO PHYSICIAN

Nurse Practitioner Led Clinic 2 6 0

FAMILY PHYSICIANS REGISTERED IN THUNDER BAY: 182

Page 20: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Specialists: 26+

Family Physicians: 13 plus independent

Nursing Positions: 40+

Physiotherapist/Occupation Therapist Positions: 6+

Pharmacist Positions: 6+

Health Related Technician Positions: 24+

Personal Support Worker/Home Care Aid: 125+

Administration in Health Care Field: 30+

Healthcare Positions Available in the Community

20

Page 21: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

GoToThunderBay.ca

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Business Retention & Expansion Priorities 4 and 6 4) Develop business recruitment strategies and succession planning by working with our community partners. 6) Assist local business owners in attracting talent both nationally and internationally by introducing them to community partners and government agencies.

Page 22: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

First Nations Municipal Economic Development Initiative

Thunder Bay and Fort William First Nation (FWFN), following an application and interview process, were chosen by the Federation of Canadian Municipalities (FCM), Ottawa, for entry into the First Nation – Municipal Community Economic Development Initiative (August 2016).

The program will explore joint economic development and land use planning opportunities, including those specific to FWFN industrial (railway) lands.

FWFN and CEDC’s joint application was one of four applications selected out of 82 applications nationally.

Workshops commenced in January 2017 for this multi-year process.

Council resolutions have been completed by all parties.

22 Mining Readiness Strategy Priority 6 Fort William First Nation Economic Development

Page 23: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Population Growth: Manitoba vs Northwestern Ontario Population centres 2016 Population 2011 Population Change Change (%)

Brandon 48,859 46,061 2,798 6.07

Dauphin 8,457 8,251 206 2.50

Morden 8,668 7,812 856 10.96

Portage la Prairie 13,304 12,996 308 2.37

Selkirk 10,278 9,834 444 4.51

Steinbach 15,829 13,524 2,305 17.04

The Pas 5,369 5,513 -144 -2.61

Thompson 13,678 13,123 555 4.23

Winkler 12,591 10,670 1,921 18.00

137,033 127,784 9,249

Average Growth in Manitoba (%) 7.0087

Atikokan 2,753 2,877 -124 -4.31

Dryden 7,749 7,617 132 1.73

Fort Frances 7,739 7,952 -213 -2.68

Greenstone 4,636 4,724 -88 -1.86

Kenora 15,096 15,348 -252 -1.64

Marathon 3,273 3,353 -80 -2.39

Oliver Paipoonge 5,922 5,732 190 3.31

Shuniah 2,798 2,737 61 2.23

Sioux Lookout 5,272 5,037 235 4.67

Thunder Bay 107,909 108,359 -450 -0.42

166,695 167,312 -617

Average Growth in NWO (%) 0.0153

Page 24: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Page 25: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Page 26: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Page 27: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Page 28: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Thunder Bay’s Diverse Economy As Measured by Employment Canada Mortgage and Housing Corporation (CMHC)

28 Source: Labour Force Survey (April 2017)

Page 29: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Ontario Employment by Industry Canada Mortgage and Housing Corporation (CMHC)

Agriculture 1%

Forestry, fishing, mining, quarrying, oil and gas

0% Utilities

1% Construction

7%

Manufacturing 11%

Wholesale and retail trade 15%

Transportation and warehousing

5%

Finance, insurance, real estate, rental and leasing

8%

Professional, scientific and technical services

9%

Business, building and other support services

4%

Educational services 7%

Health care and social assistance

12%

Information, culture and recreation

4%

Accommodation and food services

6%

Other services (except public administration)

4%

Public administration 5%

Page 30: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Economic Structure - 2015

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Page 31: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Job Creation/Annual Payroll – December 31, 2016

ESTIMATED

Sector

Direct

Jobs Multiplier

In-direct

jobs

Total

Jobs

Total Annual Payroll

of Direct Jobs Mining/Mining Services Centre 1 1.44 0.5 1.5 $90,000

Small Business Entrepreneur Centre 62 1.29 18 80 $1,241,481

Professional Services 6 1.42 2.5 8.5 $360,000

Manufacturing/BR&E 20 1.47 9 29 $1,336,000

Hotels/Food Service 40 1.46 18 58 $1,260,000

Medical Professionals 22 1.15 11 33 $6,600,000

TOTALS 151 59 210 $10,887,481

Page 32: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Action Plan for Future Growth Continue to develop our marketing plan to market Thunder Bay regionally, provincially, nationally

and internationally for the following purposes:

Attract new businesses to Thunder Bay through outreach advertising and tradeshows (Logistics & Supply Hub – Priority 1)

Market existing businesses that are for sale in Thunder Bay through www.GoToThunderBay.ca (Business Retention & Expansion – Priority 4)

Attract workers from region, province, country, and overseas to fill up vacancies and promote living in Thunder Bay through GTTB and the Northwestern Ontario Immigration Portal (Business Retention & Expansion – Priority 6)

Interact more with Fort William First Nation through FCM initiative (Mining Readiness Strategy – Priority 6)

Expand our work with the Food Strategy through completion of market study and work towards a Food Hub

Continue to expand our work with the BIAs on downtown revitalization

Expand our role in growing Healthcare Professional attraction and growing the Health Care sector (Business Retention & Expansion – Priority 6)

Brownfield Development Policy

Create 2018-2020 Strategic Action Plan 32

Page 33: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Appendix

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Page 34: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

2014-2017 Strategic Action Plan

Business Retention & Expansion

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Page 35: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Business Improvement Areas (BIA) Survey

Thus far, we have had a total of 61 businesses within Thunder Bay’s business districts participate in this initiative

Fort William BIA currently has a 32% participation rate

The Westfort Village has had 23% of its businesses complete the survey

Bay & Algoma Neighbourhood has had the highest levels of participation at 40%

The Waterfront BIA surveying efforts are still underway. Have already had 10 businesses participate in the early stages of the process

The survey aims to help engage business owners in an effort to improve our understanding of business needs in each area and help identify key priorities

Going forward, the goal is to use the data to assist in the development of strategic revitalization plans and any future area specific initiatives

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Page 36: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Thunder Bay Shipyard Acquired by Heddle Marine Service Inc.

36 Business Retention & Expansion Priority 4 Develop business recruitment strategies and succession planning by working with our community partners.

Page 37: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Immigration and Investment Attraction

The CEDC has developed and expanded on our relationships with the Irish Canadian Immigration Centre, Irish Chamber of Commerce, the India Canada Business Council and the Italian Chamber of Commerce.

We received a few inquiries from Italian firms in 2016 and our working on some potential projects. We continue to market Thunder Bay through the Irish Canadian Immigration Centre in the hopes of attracting talent to Thunder Bay.

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Page 38: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

CEDC Outreach in 2016 Toronto, ON Prospectors and Developers Convention (PDAC) – Trade Show Booth (March 1-5) CEDC, Thunder Bay International Airport Authority and Confederation College meeting with aviation industry

(May 26-27) MTO/MNDM - Northern Ontario Multimodal Transportation Strategy Meeting (June 29) Canadian Immigration Fair (June 8) Scotiabank Digital Factory meeting (June 9) Canadian Steel Association meeting (Sept. 26) Bioenergy: A Sustainable Solution to Climate Change in Ontario meeting and CRIBE Board meeting (Oct. 19-20) Ontario Foreign Direct Investment (FDI) Forum (Oct. 31) Ministry of Economic Development and Growth information session (Nov. 1) Canadian Foreign District Investment Forum (Oct. 30 to Nov.1)

Duluth, MN Society for Mineral Exploration and Mining conference and trade show (April 11–13) Consul General of Canada Chairman’s Gala and roundtable luncheon (July 7-9) Meeting with Brian Hanson, President and CEO, APEX (July 8)

Fort Frances, ON; Rainy River, ON New Gold Inc. mine/mill site visit and mine service/supply meeting, (April 29) New Gold Inc. Site Tour & Update – Rainy River Project (July 12)

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Page 39: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Winnipeg, MB Centrallia Business Conference (May 24-27)

Vancouver, BC Canadian Institute of Mining AGM (May 1 – 4, 2016)

Las Vegas, NV MINExpo, international mining show (Sept. 26–28)

Sudbury, ON Northern Ontario Business (NOB) Awards, Ontario North Economic Development Corporation (ONEDC) meeting (Oct. 5-6)

Kitchener, Waterloo, ON Mining Innovation Summit (Nov. 1) Greenstone Economic Development Mining Conference (Nov. 24)

Geraldton, ON Greenstone Economic Development Mining Conference (Nov.24)

39

CEDC Outreach in 2016

Page 40: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Partnerships

YES Employment

Consulted with 9 firms

Creation of 4 full time jobs, 4 part time and 5 summer jobs

Northwest Employment Works (NEW)

Northwest Employment Works has moved into the Whalen Building

Over 19 clients have been consulted by NEW

Four full time jobs created so far and $20,000 in funding was accessed

Study North/Stay North

We have made referrals to 10 companies looking for graduates

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Page 41: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

2014-2017 Strategic Action Plan

Innovative Manufacturing

41

Page 42: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Innovative Manufacturing

Advanced Wood Pellets

42

The CEDC has met with five (5) individual companies interested in producing Advanced Wood Pellets for Thunder Bay OPG

One has costed out the capital cost of a plant

Path forward:

1) IESO needs to move pellet order to 15,000 tonnes as per original letter for Thunder Bay Generating Station

2) Fully understand Ontario’s new Cap & Trade Climate Change Act

3) Possible use of Advanced Wood Pellets to replace coal in blast furnaces

Innovative Manufacturing Priority 3 Work with partners and private industry to support value added forest products, Biorefinery Concept and Advance Wood Pellets.

Page 43: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Thunder Bay Training and Educational Community

CEDC hosted a café-style workshop entitled “Economic Trends and Career Paths” on November 10, 2016, for city high school teachers, co-op teachers and guidance counsellors.

The Local Employment Planning Council delivered a presentation illustrating key employment needs in the community and region in coming years.

Café style ensued, with 21 businesses delivering repeated 15 minute presentations, describing career opportunities with their organization, within the confines of their respective trade show booth.

Therefore several simultaneous talks were underway at any time; teachers therefore had the opportunity to partake in 8 interactive presentations, of their choosing!

CEDC spoke to future trades students in Thunder Bay about mining opportunities at the Ontario Youth Apprenticeship Conference, “Pathways to a Career in Skilled Trades”, November 9.

Training and Educational Community Priorities 1 and 3 1) We need to generate skills locally to retain and expand this community. 3) Understand and support the growth of ‘shops’ in our education system. CEDC will assist through our partners in helping to increase this section of our education system to increase the Thunder Bay Labour force, trade availability and supply.

Page 44: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

2014-2017 Strategic Action Plan

Mining Readiness Strategy (MRS)

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Page 45: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Mining Readiness Strategy (MRS)

Workforce

CEDC works with the mining industry, including new gold mines being developed, and mine service and supply companies regarding their workforce requirements

Specific vehicles to assist employer and potential employees include a weekly rollup of all advertised mining jobs in the Northwest, that is collated by CEDC and disseminated to education, training and hiring organizations.

Mining Readiness Strategy Priority 3 People – which is further broken into the subsections of: labour; immigration; culture; education and training

Page 46: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Mining Readiness Strategy (MRS)

Prospectors and Developers Convention and MINExpo

Thunder Bay successfully constructed and hosted a trade show exhibit at the Prospectors and Developers Convention in Toronto in March 2016 and 2017.

CEDC partnered with Lakehead University and Confederation College. The “Thunder Bay Booth” was designed to promote Thunder Bay as a mining service hub, a mining research, education and training hub and it allowed CEDC to meet walk up leads and contacts.

CEDC and ONEDC partnered at MINExpo, in Nevada in September 2016 with a large display featuring Northern Ontario supply and services capability. Results include mine service and supply companies from locations outside of the region investigating partnership or business establishment in Thunder Bay.

Business Retention & Expansion Priority 3 Enhance awareness of global markets and exporting through seminars, webinars, supplier visits and trade associations the CEDC may sponsor. CEDC will help identify what potential is out there to expand, diversify, and attract.

Mining Readiness Strategy Priority 8 Supply Chain – Expanding existing business opportunities and attracting new businesses to supply the mines.

Page 47: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Mining Readiness Strategy - Electrical Infrastructure

On November 2,2016, Greenstone Gold released a Feasibility Study for the Hardrock Gold Deposit, Geraldton.

Open-pit LOM(Life of Mine) gold production of 4.2 million ounces and 14.5 years of operations;

Average LOM annual gold production of 288,000 ounces;

Initial capital cost of $1.25 Billion (US$962 million);

Electrical transmission deficiencies into the region (and the project) remains a huge constraint to development (CEDC and the Energy Task Force have been working to explore solutions with Ontario).

47

Eric Lamontagne, President Greenstone Gold

Mines (Michael Gravelle, Mines Minister and

Ron Beaulieu, Greenstone Mayor)

Mining Readiness Strategy Priority 1 Energy – develop a regional electrical infrastructure plan for Northwestern Ontario.

Page 48: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

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Mining Readiness Strategy

Current Industry Context

The Ontario Prospectors Association, through NOHFC, conducted the Junior Exploration Assistancy Program (JEAP) to stimulate grassroots mineral exploration with a 33% rebate on exploration expenses

44 projects were funded totalling $11.9 million across Ontario

JEAP provides grants of 33.33% of approved expenditures (for junior companies) to a maximum of $100,000 per project

118 114 139

219

297 249

342

572

799

536

853

1068

962

600

460 393 371

485.6

0

200

400

600

800

1000

1200

Ontario Exploration Expenditures (CDN $Millions)

Investment capital in early 2017 has become more available for the exploration industry

Exploration investment in Ontario, Canada, and the world had decreased over the past few years (2012-2016)

Page 49: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Goldcorp Inc - Musselwhite Mine established the Thunder Bay mine office (977 Alloy Drive) in March 2017. Staffing will initially include 15-20 personnel, scaling up in three phases to 40+. The Mine is undertaking a $90 million underground development project designed to speed the movement of gold ore to surface. The goal is reach 300,000 ounces of annual gold production. All new hires will be Thunder Bay based personnel (currently 215 Thunder Bay housed personnel work at the mine).

Barrick Gold-Hemlo have invested significantly in exploration in the last 2 years, resulting in a key discovery northwest of the Williams Mine headframe and a forecast mine life increase from 4 to 9 years.

North American Palladium have invested in mineral exploration, increasing reserves at Lac des Iles Mine. The palladium price has risen from sub $600 per ounce to the $800 range during 2016 into 2017.

Thunder Bay CEDC is connected to all 3 mines at the mine manager, service and supply, and workforce/human resources levels.

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Mining Readiness Strategy

Thunder Bay and Northwestern Ontario Context -- Mining

Business Retention & Expansion Priority 3 Enhance awareness of global markets and exporting through seminars, webinars, supplier visits and trade associations the CEDC may sponsor. CEDC will help identify what potential is out there to expand, diversify, and attract.

Mining Readiness Strategy Priority 8 Supply Chain – Expanding existing business opportunities and attracting new businesses to supply the mines.

Mining Readiness Strategy Priority 7 City of Thunder Bay Infrastructure (Goldcorp and North American Palladium offices)

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Mining Readiness Strategy (MRS)

Supply Chain

The interface to grow mine service and supply in Thunder Bay includes:

CEDC met with 50 Thunder Bay businesses to probe exploration and mining opportunities

CEDC met directly with mine procurement managers and business development officers on mine sites and new mine developments

Work with Thunder Bay Chamber of Commerce and the Ontario Prospector’s Association (OPA) through conferences such as Prosperity Northwest, and the Northwestern Ontario Mines and Minerals Symposium to bring NWO mining industry personnel opportunities to Thunder Bay businesses.

The Strategic Export Marketing Program and Export Marketing Assistance Program provided $145,000 to 11 Thunder Bay companies to assist them with sales outside Ontario.

Mining Readiness Strategy Priority 8 Supply Chain – Expanding existing business opportunities and attracting new businesses to supply the mines.

Business Retention & Expansion Priority 3 Enhance awareness of global markets and exporting through seminars, webinars, supplier visits and trade associations the CEDC may sponsor. CEDC will help identify what potential is out there to expand, diversify, and attract.

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2014-2017 Strategic Action Plan

Social Enterprise, ICT, Regional Food and Film

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Page 52: Annual General Meeting Presentation · Business Retention & Expansion Priority 1 Improve local business owners’ and access to and awareness of essential business development programs

Tourism

We have working closely with Tourism Thunder Bay on assisting Wilderness North as an example on promoting Thunder Bay in the United Kingdom and Germany.

We also have worked closely with Tourism Thunder Bay on local film projects and other tourism related businesses.

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Created ongoing partnerships with many community groups and organizations in regards to physician recruitment efforts (Ongoing)

Hosted Welcome Session for incoming NOSM Residents (June)

Hosted Welcome Session for incoming NOSM Medical Students (August)

Attended Recruitment Event with Family Physician Residents in Rural Practice stream at McMaster University (Oct)

Attended Recruitment Event with Family Physician Residents at University of Ottawa (Oct)

Meet with several Senior Economic Officers for the Province of Ontario stationed in various countries world in regards to cross border physician recruitment (Oct)

Attended the Northwestern Ontario Immigration Forum (Nov)

Attended Career Path- Economic Trends Workshop (Nov)

Met with Newcomer Centre of Peel in regards to learning more about their Rural Employment Initiative (Nov)

Attended a Recruitment Event for Western University, Family Medicine Residency Program (Nov)

Hosted Business 101 Seminar for NOSM students (Dec)

Hosted 16th Annual Home for the Holidays: Health Care Student Reception (Dec)

2016 Summaries of Physician Recruitment Efforts

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