WINDSOR-ESSEX POLICY & SOLUTIONS FORUM

FRED MORLEYEXECUTIVE VP

& CHIEF ECONOMIST

DATE: MAY15TH, 2014

APPROACHES TO ECONOMIC DEVELOPMENT

ExportPromotion

EconomicGrowth

Brand &Marketing

Attractive BusinessClimate

Finance&

Incentives

Strategic Infrastructure

Community& BusinessPartnership

BusinessRetention and

Expansion

InvestmentAttraction

Skilled and Educated

Labor Force

Progressive& PositiveAttitude

Incentives

US STATE INCENTIVES

SERVICE INDUSTRY AVERAGE 10 YEAR COSTS AND TAXES' SHARE OF COST FOR A REPRESENTATIVE OPERATION WITH 100 EMPLOYEES

Halifax Montreal Toronto Windsor-0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

3.9%2.3%

3.3%3.3%

TaxesUtilitiesFacility leaseLabourOther costsCo

st ($

000

’s)

Source: KPMG Competitive Alternatives 2014

MANUFACTURING INDUSTRY AVERAGE 10 YEAR COSTS AND TAXES’ SHARE OF COST FOR A REPRESENTATIVE OPERATION WITH 100 EMPLOYEES

Halifax Montreal Toronto Windsor-0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

3.6% 3.5% 3.3% 3.5%

TaxesUtilitiesFreight transportationFacility leaseLabourMaterialsOther costs

Cost

(000

’s)

Source: KPMG Competitive Alternatives 2014

TALENT INITIATIVES

OLD BOYS NETWORK

CONNECTORS ARE KEY

Who are Connectors “Connectors are people in a

community who know large numbers of people and who are in the habit of making introductions. A connector is essentially the social equivalent of a computer network hub.”

13

HOW DOES CONNECTOR WORK

Match

Connect

Refer

Immigrants

EXTENDING & EXPANDING THEHALIFAX CONNECTOR PROGRAM

Client Groups

Connect

WILL COMPANIES HELP?WE TARGETED 50 CONNECTORS

• A small group

YES THEY WILL HELPWE GOT OVER 600 CONNECTORS

CONNECTOR PROGRAM SUCCESS

RESULTS OVER THE LAST 3 YEARS

641 connectors

1022 connectees

447 jobs

NATIONAL CONNECTOR PROGRAM: NEW PROSPECTS

• Edmonton, AB• Yellowknife City, NW• Scarborough, ON• St. John's• Montreal, QC CRE• Toronto, ON• Winnipeg, MB• Saskatoon, SK• Province of British Columbia• Technologists Industry Program