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HomeMy WebLinkAboutEcon Dev Adv 2009-01-28 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES January 28, 2009 City of Kitchener The Economic Development Advisory Committee met this date, chaired by Councillor Christina Weylie; the following members were in attendance: Alan Anderson, Bernie Nimer, Howie Budd, Mary Alkerton, Steven Voll, Bob Denton, Len Carter, Brent Richardson, Jeremy Auger, Dan Piedra, Mark Bingeman, and Peter Benninger, Rebecca Short The following people sent their regrets: Mark Collins, Adrian Conrad The following people were absent: Ian Cook Staff in attendance: Rod Regier, Valerie Bradford, Tracey DeVille, Silvia Wright, Cory Bluhm, Janice Ouellette, Jeff Willmer, Terry Boutilier 1. Minutes & Agenda 2. That the minutes of the November and December meetings be approved Moved and Carried. Update on the Downtown Advisory Committee 3. Business Arising / Updates Member Introduction Councillor C. Weylie welcomed everyone and asked that members and city staff introduce themselves and provided a brief background on how they fit into the Economic Development Advisory Committee. Consensus Building for Advisory Committees Janice Ouellette provided an overview of consensus building and thanked the members for volunteering and providing both their time and expertise to the Committee. The Committee had no comments or questions and thanked Janice. Advisory Committee Roles Tracey DeVille went through the handouts of information with the Committee members. There was a general discussion on the committee. Co-Chair Nominations Rod Regier asked for interested parties to show their interest in being appointed / nominated as Co-Chair. The following people put forward their names: ? Adrian Conrad was nominated as Chair ? Councillor Christina Weylie was nominated ? Ian Cook was nominated as Co-Chair ? Jeremy Auger was nominated – would think about it The Committee agreed that since the previous chair was absent from today’s meeting that members put forward nominations for chair and that a vote be completed by email once those nominated confirm their interest. Action: Tracey DeVille to follow up with committee members by email 2009 Calendar & Agenda Planning Discussion Labour Force Discussion Rod advised the Committee that Jeanette MacDonald was absent from the meeting today and he provided a brief discussion on the labour force and the data that has emerged over the last month, specifically have a discussion regarding the information that has been released. Rod went through the current labour force survey and explained the data on the handouts. The Committee provided the following feedback / questions: ? The Waterloo Region employment market has been performing well relative to many others ? Substantial opportunities for employment within Kitchener and the Region ? Is there a definition of employed that Statistics Canada uses: yes the question is are you working or are you not working, the o more detailed aspect of specific employment are broken down later ? Are people coming here to look for work are do they move here because they already have a job? The Labour Council is doing a study and preliminary results are o showing that this area is one of the fastest growing and there are good numbers of people who are coming here to find work. Our unemployment rate up until 6 months ago was under 6% - these new numbers we have not seen in a while and they numbers will come down. The demographics of the work force will show they are willing to move on a whim without question ? Talent is an important focus of our Economic Development Strategy ? Internationally trained Immigrants are important to the committee, Kitchener supports the WRIEN in this regard ? The arts & culture community is also something that people are attracted to within the Region ? Job losses within manufacturing have been increasing. Recently actual factories have been closing and that will present problems in the long run because its much more difficult to restart a plant than bring back layed off workers to a plant that is still running ? Real Estate market has softened within the last few months but the prices are stable, as for the commercial side it is still busy with long term plans from many developers ? Long term developers are sensing major location decisions have been put on hold waiting to see if there is any stabilization in the economy ? Globally high tech sector is doing layoffs – companies that have historically not had to do that, there is certainly a microclimate of high tech within this area that does not necessarily affect the tech companies within the Region ? Within the Retail industry, although December 08 was not that good it was not as bad as expected. January sales have fallen significantly and layoffs are starting to hit permanent as well as temporary employees. Large retailers are bracing a substantial short term decline in sales and expect some retailers go. Rod handed out some background information regarding the Digital Media Centre (Canadian Centres for Excellence) and the CECR funding awarded to Communitech and its partners in January. GO Transit EA process – next information centre will be happening on February 5, 2009 at St. Andrew’s Presbyterian Church at the corner of Queen and Weber. Request that the committee have a tour of the new School of Pharmacy. Action Item: Plan for a tour of the School of Pharmacy later in the year. On motion, the meeting adjourned at 1:00 p.m. Next meeting date: Wednesday February 25, 2009