June 23, 2005

York Region adopts final Economic Strategy


NEWMARKET – York Regional Council today adopted the final Economic Strategy, which incorporates comments from stakeholders and partners on the December 2004 draft that was circulated for input.
“It was important for stakeholders and partners to ensure the strategic directions in this document were in line with their economic development objectives and programs,” said Regional Chair and CEO Bill Fisch.  “Through listening and revising, we addressed our mutual concerns and developed a better policy document.
“Strategic economic development is an area in which to collaborate so that York Region can take the right steps and enjoy continued economic prosperity,” Chair Fisch added.
The Economic Strategy encompasses five strategic directions, with 18 strategic objectives and 90 action areas associated with them.  Working in collaboration with local municipalities, senior levels of government, the business community and other stakeholder groups, the Region’s goal is to improve and sustain the economic competitiveness of the Region in the global marketplace.
“People took the time to give us valuable input and we acted on it,” said Markham Regional Councillor Frank Scarpitti, Chair of the Region’s Planning and Economic Development Committee.  “For example, the fourth Strategic Direction was changed from `Promote York Region’ to `Enhance the Quality of Place’ to reflect comments that the Region should focus its energy and efforts on developing its attributes as a means to attract investment and skills.”
Regional Council authorized staff to implement the priority actions contained in the Economic Strategy, including:
• Develop a virtual information portal in collaboration with YorkInfo Partnership
• Convene a Regional Business Roundtable
• Facilitate the evolution of a Regional Industry Education Council
• Facilitate the establishment of an Advanced Manufacturing Consortium
• Undertake a detailed structural analysis of the Region’s high performance clusters
• Develop a marketing and communications plan to promote the Region’s natural and cultural attributes
• Undertake a major events infrastructure audit
• Engage business to promote and support transportation demand management
More than 450 copies of the Final Economic Strategy will be circulated to local municipalities, Chambers of Commerce and Boards of Trade, the business community and other groups.
To view a copy online, go to www.york.ca and look under “Publications.”
For more information on The Regional Municipality of York, the services we offer and links to our nine local municipalities, please visit our Web site at: www.york.ca
Contact:   Tim Paleczny, Corporate Communications Services, York Region
(905) 830-4444 or (416) 297-9696, ext. 1238

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