HomeMy WebLinkAboutEcon Dev Adv Comm - 2004-02-25ECONOMIC DEVELOPMENT ADVISORY COMMITTEE
MINUTES
February 25, 2004
11:00 am - 1:00 p.m.
Conestoga Room -City Hall
Attendance:
Peter Benninger
Scott Baird
Manfred Conrad
Peter Cook
Robert Denton
Henrik Noesgaard
Mark Paleczny
Hans Pottkamper
Glen Woolner
Mayor Carl Zehr
Councillor Christina Weylie
Councillor John Smola
Staff:
Regrets:
George Borovilos
Kathy Bissell
Jeff Willmer
Edwina Weiss
Lawrence Bingeman
Edward Brooker
Jane Jantzi
Janette MacDonald
Rob Morgan
Patricia Bacon
Shawky Fahel
Howie Budd
1. Approval of Minutes of January 21, 2004
Minutes of January 21,2004 were approved as written.
Moved by Peter Benninger
Seconded by Glen Woolner
Carried
2. Regional Employment Lands Overview Presentation
The Economic Development staff presented a power point presentation overview of the
employment land situation. The presentation included the following overview:
· outline of the current employment base;
· the risks of not providing industrial employment land;
· the requirements of modern industry;
· an assessment of the current industrial land supply in Kitchener;
· potential alternative employment land areas outside of the West Side;
· nature of the current land inquiries; and
· an overview of the land supply in the regional perspective.
A discussion followed and a number of questions were raised concerning how to
develop the internal and external land supply in light of the industrial land shortage.
3. March 3rd. Discussion
In light of the previous presentation, the chair, Hans Pottkamper explained the
importance of the upcoming meeting scheduled for March 3ra and the role of EDAC
members in this process. He encouraged members to make a concerted effort to
attend this meeting.
4. Economic Base Analysis Presentation
George Borovilos introduced Matt Fischer, of Matthew Fischer & Associates. Mr.
Fischer has been involved in economic development for approximately 30 years in a
number of different positions and government levels. He has been a consultant for the
past five years and has conducted about 20 economic base analyses for communities
across Canada.
Mr. Fischer by way of power point outlined the following:
· an economic base analysis is an analytical tool used by economic development
professionals to profile their local economy and compare it to a reference area;
· two techniques are used - Location Quotient Analysis and Shift/Share Analysis;
· the results of the study indicated that manufacturing sector employs over 1 in 4
people in the labour force and has a very high location quotient (LQ 1.45) and
the educational sector is an emerging growth sector and posted positive number
in the Differential Shift Effect;
He concluded his remarks by indicating that to maintain the manufacturing strength
exhibited in both Kitchener and the regional economy that employment lands for
industrial purposes is required to maintain this manufacturing presence.
The meeting adjourned at 1:00 pm.
Moved by: Henrik Noesgaard
Seconded by: Peter Benninger
Carried
Edwina Weiss, Recording Secretary
Economic Development Advisory Committee
Next Meeting: March 24, 2004
11:00 am to 1:00 pm
Conestoga Room, Kitchener City Hall
EDAC Minutes
February 25, 2004