Data from the first week of the Business Recovery Hotline, shows that businesses impacted by the
Monday, July 31, 2017 - 10:27am
Well summer is almost over and I hope you all managed to get some time away.
This month is going to end on an interesting note for me personally - moving my parents to Chilliwack so that we can help them out. It has been a hard move but I know it will be one that will beneficial to us all. Right after the move is done I will be flying to Washington, DC as a guest of IEDC, the National Assn of Development Organizations (NADO) and the U.S. Chamber of Commerce to participate in a unique disaster recovery workshop. This has become an issue that I think needs some real focus in BC and Canada. Whether its flooding (like in Sicamous), a loss of a major employer (like in Burns Lake) or any other type of natural or economic disaster, I think we have to find a way to assist the community in recovering. As professionals involved in economic development, we have to be able to count on each other to assist in times of need. I think the Province has a role to play in providing some financial resources but I think we also need to collectively look for ways that we can assist even if its from our own desk. I look forward to hearing and being part of the discussion and as the only Canadian invited, I am thankful to the partners in allowing me to be part of the process.
New ways to post opportunities on the OpportunitiesBC website are being developed and should be up soon. We continue to push for more changes as we believe that this site is something that should be supported. We encourage you to do the same and get some posted. The sooner that happens the sooner it becomes public. I am sure you all know of a business for sale.
Professional Development options that are coming up really provide you with some choices to grow your knowledge base. Whether its the EDAC Conference in Nunuvut, our BRE Course in Vancouver or the Western Economic Development Course, you should consider attending at least one of them if not more. The Western Economic Development Course is one that everyone should take. The lineup of speakers is growing and includes some very highly respected speakers including Roger Brooks, Maury Foreman and more. The BRE Course is one of IEDC's most heavily attended courses and features Laith Wardi. The course is for anyone either considering BRE or already running a program. Attending EDAC in Nunuvut will be a great opportunity to visit an area that I would bet most of you have never seen. My friend Mark Morrisay runs the association in Nunuvut and I know that he is working hard with Penny and EDAC to develop the best agenda possible to ensure that your trip is educational and enjoyable.
Enjoy the rest of the summer and if you have not yet taken a holiday do so. You deserve it.
Dale Wheeldon, CEO
OpportunitiesBC is an online searchable database of business and project opportunities within British Columbia suitable for foreign investment.
As an informational tool, the database has three functions:
To provide updated listings of possible opportunities across the province
To serve as a portal for foreign visitors to explore opportunities in B.C. Communities
To connect opportunity representatives with potential foreign investors
What are the Advantages of Listing with OpportunitiesBC?
Linked to B.C.'s foreign language sites in China, Japan and Korea as well as localized English languages sites for India, Europe and the USA.
Used by B.C.'s international Trade and Investment Representative Offices when fielding inquiries in their markets about investment opportunities in B.C.
To start listing your community's opportunities, contact Ashleigh at firstname.lastname@example.org or phone 604-858-7199
Upcoming EDABC Fall Courses
Sign up for both courses and receive a $100 credit!
Western Economic Development Course
October 28th to 31st, 2012
Sheraton Vancouver Airport, Richmond, BC
In partnership with the organizers of the Northwest Economic Development Course, EDABC, EDA & SEDA are pleased to present the 2nd Annual Western Economic Development Course, the premier program offering concentrated focus in the basic concepts, methods and strategies of local economic development. With a refreshed agenda for 2012, our experienced and distinguished instructors provide an outstanding blend of theory and practice. Whether you're new to economic development or not, this course will provide you with fresh tools and ideas you will be able to implement in your community.
Top 10 Site Selection Standards
Managing E.D. Organizations
Workforce & E.D.
Reuse & Redevelopment of Business Sites & Facilities
Whether you have an existing BRE Program or are looking to implement a new program, this course will give you the tools you need to develop or improve BRE in your community. This interactive course presents the core components of a BRE program and why the concerns of local businesses need to be actively addressed. By building an understanding of business visitation techniques and survey methods, practitioners will be able to clearly gauge their community's business climate. Learn the "red flags" that may indicate a company is looking to move elsewhere, and learn how to structure an effective technical assistance program to respond to business concerns. This course helps participants understand how a BRE program relates to attraction, workforce development, small business finance, technology transfer and many other economic development activities.
Establishing, maintaining and upgrading a BRE program
Creating effective models for business visitations and surveys
Customer-Relationship Management (CRM) techniques
Marketing a BRE program
Establishing an early warning system
Cluster and industry-focused BRE programs
Tracking and analyzing customer feedback and response
Quantitative and qualitative economic development metrics
Lies, Damn Lies and Statistics - Site selectors will attempt to present all of the available options to their clients, but when data is not available or sketchy, they have a hard time explaining why such a community is a good investment when compared to the alternative. Hence, communities with missing data tend to be missing from the final short list of candidates.
Visit MyEDABC Online to read the full article by Chris Steele of CWS Consulting Group.
SFU CED Certificate Program
The SFU Certificate Program for Community Economic Development will be of interest to economic development professionals who want to expand their range of tools and models to successfully integrate social, environmental and economic concerns into local development strategies. Those best suited to the program are open to expand their horizons and accept the challenge of learning across disciplines and sectors. Offered part-time in downtown Vancouver. the program attracts exceptional students from every region of BC, Alberta, the United States, Europe and Asia.
Here's what past graduates in the economic development field have said:
The SFU Program gave me a deeper understanding of the role of Economic Development in Sustainable Community Development. I now know that you cannot have one without the other.
-Kelly Starling, Director of Economic Development, Brazeau County
The Program's broad-based, grassroots approach to community economic development is extremely valuable, surprisingly innovative, and completely refreshing. Every economic development professional should take the SFU-CED Program! - David Kalinchuk, Economic Development Manager, Rocky View, Alberta
The Economic Development Association of Canada has approved accreditation towards their Ec.D. Designation at 2.5 points. Learn more at www.sfu.ca/cscd/ced or contact the Program Director, Nicole Chaland via email at email@example.com or phone (250) 686-1167.
2012 Hotel & Resort Investment Conference
The Western Canadian Hotel and Resort Investment Conference offers a lineup of sessions aimed at demystifying the economy, understanding buyer preferences, creating innovative marketing, and the factors changing the face of resort and hotel financing.
The event, scheduled for October 3 & 4, 2012 at Vancouver's Fairmont Waterfront Hotel, features an A-List of speakers like; Michael Coyle (Replay Resorts) and Graham Kwan (Character Capital Inc.) as well as Jason Clemens, Executive Vice President of The Fraser Institute. Clemens will examine the impact of upcoming provincial elections, overly-optimistic budget assumptions tied to commodities, a rapidly changing demography, and aggressive government spending effect on western Canadian economies.
A who's who of BC and Alberta's hotel/resort developers, investors and operators will benefit from the keynote speakers, breakout sessions (e.g., branding, development, financing) and ample networking time. The event is strongly recommended for anyone interested in hotel and/or resort opportunities across western Canada. For a full breakdown of sessions, speakers and social events check out the conference at www.hotel-resortinvest.ca.
2013 Summit - Dates Changed
Please note that the dates for the 2013 BC Economic Summit have been pushed back to June 22nd to 25th, 2013.
Working with our partners at ICBA Benefit Services, EDABC has developed a comprehensive benefits program for members of EDABC. You may also pass this information on to your board members and local companies as an option they may wish to consider. We only ask that you make sure they ask that EDABC be credited when signing up and perhaps purchase a membership in EDABC.
This program is available to EDO's and staff, private consultants, development companies, small businesses and anyone else that may have an interest in supporting the economic growth of our Province. This plan is competitively priced and is available to any sized company.
Registration for EDAC 2012 is now open. This is a once in a lifetime opportunity to see one of the most beautiful and remote parts of our country. Don't hesitate - register today!
Travel to Iqaluit is 70% off for Conference Delegates!
2012 IEDC Conference
September 30th -
October 3rd, 2012
Economic developers can't afford to use the same strategies they've always used and expect different results. Instead, everchanging dynamics in business and the economy require creative new responses.
The International Economic Development Council's 2012 Annual Conference, September 30 - October 3 in Houston, Texas, will address the challenges and opportunities of growing jobs and investment in today's global economy. By energizing and empowering regional partners through shared messaging, resources, and best practices, communities small and large can reap the benefits and remain competitive.