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Clarington Board of Trade & Office of Economic Development – Proactive players in the strategic game of growth

Clarington Board of Trade & Office of Economic Development – Proactive players in the strategic game of growth

  • Post category:CBOT

With a  population quickly approaching 100,000 and a growing community of more than 5,000 businesses, the Municipality of Clarington offers what investors and companies desire: affordable serviced land, proximity to market and amenities, business support and a progressive, engaged community.

Eyes are on Clarington as the place to grow through new business, local expansion or redevelopment investments. Comprised of four main communities of Courtice, Bowmanville, Newcastle and Orono, the municipality is home to four of the top 100 largest infrastructure projects in Canada.

Ontario Power Generation’s Darlington nuclear refurbishment project, Port Granby soil remediation project, Hwy. 407 east expansion to Hwy. 35/115 and the expansion of the GO Train to Bowmanville – expected to be in service by 2024 – are all significant economic drivers in the community and together represent more than $16 billion in investment. Plans to expand Lakeridge Health Bowmanville include construction of a new hospital wing to better meet the growing health-care needs of those living in East Durham.

Cannabis businesses continues to cluster in Clarington. “As the industry plays a role in enhancing Ontario’s economy through investment, innovation and job creation, Clarington is proud to be a support as they work alongside industry partners to build a centre of excellence in the cannabis industry in Ontario,” says Bonnie Wrightman,

Manager of Business Development, CLARINGTON BOARD OF TRADE & OFFICE OF ECONOMIC DEVELOPMENT (CBOT).

Clarington is currently home to three medical cannabis facilities that together employ more than 100 people. Another four producers are planning to establish facilities here. This industry is expected to represent more than 800 skilled jobs, including those involved in research and development and many more with the emergence into additional innovative markets, such as edibles and wellness products, CBOT reports.

Construction of the new Toyota Canada Inc. Eastern Canada Parts Distribution Centre on 30 acres in Bowmanville’s east end is underway. Projected to be open by fall 2019, the 350,000-square-foot facility is expected to employ approximately 130 people.

“The reasons for businesses choosing Clarington is justified by many factors, such as affordable land, ease of access to major transportation networks, such as Hwy. 401, support from the Municipality of Clarington, CBOT and stakeholders within and beyond Clarington,” Wrightman says.

Visit CBOT and you’ll find a team driven by purpose, professionalism and passion. CBOT doesn’t take economic impact for granted – it proactively engages and facilitates connections to opportunity. This philosophy applies to the way CBOT operates – challenging status quo every day as it supports existing and future business investment.

CBOT is a unique hands-on model that performs two functions: board of trade (chamber) member services and economic development initiatives. For 20 years, this model has been supported through the leadership of four successive mayors and councils, as well as the business community and past CBOT directors and presidents – who are also members of the business community. Earning the respect and trust of peers, clients and stakeholders, CBOT doesn’t take these relationships for granted.

Business support services offered by CBOT include programming helping businesses to connect to opportunity, learn, promote and reach their goals. Additional programming surrounds initiatives related to business retention, attraction and education, youth engagement and development process support.

“We feel it’s a privilege to be a part of Clarington’s growth,” Wrightman says. “We aim to be the one-stop-shop resource for business. Supporting business is not our job; it’s our passion.”

 

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