Presentation to Confederation College

Second Annual Confederation College

Student Technology Symposium

March 2, 2012

Presentation Overview

1. The Economy Pre-Recession

2. Transforming the Economy

3. “Back to the Future” Old Economy Meets New Economy

4. Linkage to Western & Northern Canada Supply Chains

5. Waterfront Re-Development

6. Health / Medical / DNA / Information and Communications

Technology (ICT) Cluster

-1-

The Economy Pre-Recession

Countries Dealing With Dramatic Changes!

Globe & Mail & Montreal Gazette

CEDC Strategic Plan

Thunder Bay is Creating

New Economic

Opportunities!

-2-

Transforming the Economy

Economic Shift- Bayview Magazine, Spring 2011

Business… Following Opportunity

• (3) Flights, 2009/2010.

• (5) Flights, 2011.

• Service from “Bay Street” to

Thunder Bay.

• Demand from Mining / Health

Sciences / Education / ICT.

Thunder Bay International Airport

(Passenger Traffic Up >5% for 2011)

Thunder Bay

Building Permits (2000-2011)

-3-

“Back to the Future”

Old Economy Meets New Economy

Northern Ontario – Impact of Commodities

Globe and Mail, November 10, 2010

Satisfying Global demand.

Resource rich Northern Ontario.

Resources needed by China & India.

The Mining Sector

Premier Gold, President Ewan Downie

Resource World Magazine – February 2009

HQ in Thunder Bay.

Star of 2009 PDAC convention (Toronto).

Announced aggressive $15 million exploration

program in 2009.

“Intend to advance Geraldton projects at

accelerated pace”.

The Mining Sector

“The Ring of Fire, PDAC, Toronto, March 2010”

Located 206 miles north of Nakina.

One of Globe’s largest chromium

deposits.

Critical to USA & China.

Back row, left to right: Mackenzie Watson, John Harvey, Richard Nemis

Front row, left to right: Neil Novak, Don Hoy

Infrastructure requires 54 bridges

to be built over 93 streams and

lakes.

Potentially (5) times the economic

impact of Sudbury Basin.

As BIG as the “Manhattan

Project”, WW II.

Anchored by chromium,

customers are USA, China, India.

-4- Linkage to Western & Northern Canada Supply Chains

Stampede! The Rise of the West and Canada’s

New Power Elite

“The West Starts at Wawa”

Gordon Pitts, Guest Speaker, April 30, 2010

“There’s not enough people ready to work in

the oil patch”

Globe Mail, January 21, 2012

Thunder Bay Port Authority

2011 Cargo Statistics:

Total of 7.6 million tonnes

of shipments through port.

Grain remains major port

commodity accounting for

82% of total shipments

(approx. 6.3 million

tonnes).

Coal represents 831,000

tonnes.

389 vessel calls.

Thunder Bay remains

largest grain port and only

potash load point on Great

Lakes.

Potential from dismantling

of Canadian Wheat Board.

New Infrastructure

Direct connections to rail.

Largest export port on Seaway.

Single customs clearance.

No harbour maintenance tax.

Project cargo gateway to the Oilsands.

Liebherr LHM 320 Mobile Harbour Crane.

Oilsands Investment 2010-2035:

$2.1 trillion, 800,000+ new jobs.

“The Outsiders”

Alberta Oil Magazine, March 2011

Serving Alberta & Saskatchewan

-5-

Waterfront Re-Development

“CEDC’s Vision - 2008”

Maximizing Waterfront Expenditures

Create An Education/ICT Cluster

Our “Forks Market”

1

2

4

5

3

Realizing the Vision – 2011: “Green Sprouts”

Fladgate Exploration Consulting Corporation

• In business for 4 years.

• Started in 2007 with 4 employees.

• Grown to 60+ geologists and

mining professionals.

• Workforce from Guatemala, Chile, South

Africa, Ecuador, and Canada.

Realizing the Vision - 2011: “Green Sprouts”

Mongolia Growth Group

• CFA, Chartered Financial Analyst.

• Originally from Thunder Bay.

• Co- founder of Mongolia Growth Group.

• Chose Thunder Bay for its

affordability and educated, loyal labour.

• Chose business location in James

Whalen Building because of its beauty

and history.

-6-

Health / Medical / DNA /

Information and Communications Technology (ICT)

Cluster

Growing Health Sciences/Bioscience/R&D Sectors

Thunder Bay Regional

Health Sciences Centre

Growing Health Sciences/Bioscience/R&D Sectors

• Shroud of Christ, identity of Titanic

baby and unknown WWI soldier

analyzed by TBay DNA research!

• Murder of Candace Derksen solved by

Mitochondrial DNA research expert,

Dr. Amarajit Chahal, Thunder Bay.

• Strong cluster with SunnyBrook/MaRs

innovation. • Tie into Winnipeg/ Minneapolis

Medical Alley.

Tornado Medical Systems Grand Opening

James Whalen Technology Centre (May 11, 2011)

CEO, Dr. Stefan Larson.

Collaboration with CEDC/TBRRI.

40 Careers, Scientists.

Research in prostate, breast and

colorectal cancers.

New Partnership Between TBRHSC and Cancer

Care Ontario (CCO) = More Jobs!

December 12, 2011

• Thunder Bay Regional Health Sciences Centre’s (TBRHSC) Cancer Program has been selected

by Cancer Care Ontario, an agency of the Ontario Government and the Government’s cancer

advisor, to host parts of its Quality Assurance Services Team in Information Technology

Development Services.

• The new partnership will mean new development and software testing opportunities in

information systems to ensure the quality of CCO solutions used within the cancer system. It

will also mean 6 new permanent jobs in Thunder Bay.

Hi-Tech Opportunities

New opportunities in

Medical Device

Development, Software

Development, Healthcare

Informatics and Molecular

Testing.

Information and Communications Technology

(ICT) Conference (November 24, 2011) Partnership between CEDC, Lakehead University and

Confederation College.

4 guest speakers and 90 participants.

Planning underway for upcoming event: date to be

announced.

Conclusion

For more information please contact:

Steve Demmings, CEO

Thunder Bay Community Economic Development Commission (CEDC)

P.O. Box 800

Thunder Bay, Ontario

CANADA P7C 5K4

General Office: 807 625-3960

Toll Free: 1-800-668-9360

Fax: 807 623-3962

Email: develop@thunderbay.ca

Website: www.ThunderBayCEDC.ca