MP O’Toole Hosts Durham Economic Summit
Bowmanville – Today, Erin O’Toole, the Member of Parliament for Durham is hosting a series of events and announcements focused on job creation and economic development in Durham in his first economic summit following his election 14 months ago.
MP O’Toole is bringing the Hon. Gary Goodyear, Minister of State for the Federal Economic Development Agency of Southern Ontario (FedDev) to Durham for a number of events focused on listening to the needs of small to medium sized businesses in the region. O’Toole will also unveil some special partnerships with the Clarington Board of Trade and the Scugog Chamber of Commerce that are similarly focused on small businesses and start-ups in Durham.
The day will begin with a business reception and luncheon in Bowmanville that MP O’Toole is holding in partnership with the Clarington Board of Trade (CBOT). At the sold-out luncheon, Minister Goodyear will meet with business leaders, take questions and talk about specific economic development measures for southern Ontario including the Advanced Manufacturing Fund (AMF), the Southern Ontario Prosperity Initiatives (SOPIs) and the small business Concierge Service. Over the next 5 years FedDev will invest $920 million to help create and grow businesses, cultivate partnerships and build strong communities across Southern Ontario and Minister Goodyear plays the lead role for the federal government on these programs.
Following the CBOT business luncheon, Minister Goodyear will join MP O’Toole for the launch of his new Community Boardroom Project with partners from the CBOT and the Scugog Chamber. The Community Boardroom Project was developed by MP O’Toole to make a boardroom space available to home-based or start-up businesses that may lack the capacity to hold large or specialized meetings such as client pitches, supplier meetings or interviews as they grow their businesses in Durham. The Boardroom is equipped with conference call capacity, wireless internet, projection capabilities and whiteboards to help facilitate productive meetings for groups up to 12. The boardroom will be available for the home-based or start-up business category members of the CBOT and to members of the Scugog Chamber. The Community Boardroom will also be available for non-profit community groups or charities that may also need specialized meeting space. MP O’Toole elaborated saying, “Small and home-based businesses have been an important economic driver in Durham. With this boardroom and our local partners, I want to encourage and assist entrepreneurs as they grow their businesses.”
The final event of the day will be a moderated roundtable with Minister Goodyear and a small group of employers and entrepreneurs in the manufacturing and technology industries. MP O’Toole will moderate the session with a focus on the programs to spur job creation in the region and to establish the infrastructure needs to secure a prosperous Durham into the future.
Following his Economic Summit in Durham, MP O’Toole and Minister Goodyear will travel to Toronto in the evening to attend an event bringing together veteran’s advocacy organizations and business leaders. The event will also raise funds for mental health programming for our veterans.
FedDev Ontario was launched in 2009 as part of Canada’s Economic Action Plan to work with the region’s communities, businesses and not-for-profit organizations to actively promote the region and build a strong foundation of partnerships and relationships to secure Canada’s long-term prosperity.
Through Economic Action Plan 2013, FedDev Ontario was renewed, providing new opportunities to create and grow businesses, cultivate partnerships and build strong communities across southern Ontario. Today, the Agency continues to deliver programs that strengthen the economy and position the region to compete globally
Advanced Manufacturing Fund: Promotes continued growth and increased productivity of Ontario’s advanced manufacturing sector by supporting large-scale transformative manufacturing activities, advancing adoption of cutting-edge technologies, establishing clusters or global supply chains and fostering collaboration between the private sector and higher education and research institutions.
Southern Ontario Prosperity Initiatives are designed to invest in: inspired and determined entrepreneurs; innovative and globally-oriented businesses and organizations; and strong and prosperous partnerships and communities, creating an advantage to compete both at home and abroad.
The Government of Canada’s Concierge Service provides a single access point where small and medium‑sized enterprises (SMEs) can find high‑quality, timely advice to help them innovate and accelerate their growth. Developed, implemented and operated by the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP) in collaboration with over 40 federal and provincial partners, the Service improves innovation and economic opportunities for SMEs by helping them navigate the available innovation resources and support programs. By combining online, phone and in-person services, it addresses the individual needs of SME clients.
“Our Government is aware of the important role that Durham’s businesses, academic institutions and communities play in Southern Ontario’s economy. Through FedDev Ontario, we are committed to delivering programming that meets the needs of this region, helping them to grow and become more competitive.”
–Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario
“Durham is a critical part of the economy in southern Ontario with diverse industries and tremendous potential. I’m pleased that Minister Goodyear joined us today to hear from employers in our community and share information on how the federal government is supporting employment and investment in our region.”
-Erin O’Toole, Member of Parliament for Durham