Economic Strategy Governance Framework

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Baldric Moody
6 years ago
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1 HRM s Economic Strategy

Economic Strategy Governance Framework Mayor &

>50 O Organizations i ti Delivering 94 Actions

2 Economic Strategy Governance Framework Mayor & Halifax Regional Council Owner Halifax Chamber of Commerce Scorekeeper Economic Strategy Committee Oversees Alignment and Implementation >50 O Organizations i ti Delivering 94 Actions Strategies For Success HRM s Five Year Economic Strategy

3 Mayor s Economic Advisory Committee Dick Miller, (Chair) The Shaw Group Linda Mosher, Councillor Halifax Regional Municipality Wayne Adams Adams Consulting and Management Group Chris Bryant Nova Scotia Department of Economic & Rural Development Kelliann Dean Department of Tourism & Culture Pat Lyall Destination Halifax Joan McArthur Blair Nova Scotia Community College Jim Mills Office Interiors David Nantes Nantes Group Dale Robertson p Enerscan Engineering ginc. Dan English Halifax Regional Municipality Chuck Hartlen Aliant Inc. Chris Huskilson Emera Steve Lund Nova Scotia Business Inc. Tom Ruth Halifax International Airport Authority David Smith Nova Scotia College Art & Design Cheryl Stewart FUSION Deborah Windsor Atlantic Canada Opportunities Agency

BUSINESS CLIMATE CAPITALIZE ON OUR REPUTATION 5 GOALS,

4 Economic Strategy Goals SUPERCHARGE OUR LABOUR FORCE LEVERAGE OUR CREATIVE COMMUNITY CREATE A GUNG HO BUSINESS CLIMATE CAPITALIZE ON OUR REPUTATION 5 GOALS, 94 ACTIONS, 28 OUTCOME MEASURES CONVERT RIVALRIES INTO PARTNERSHIP

5 OUR E PERCHARGE O LABOUR FORC SUP L Increase Population Growth Improve Employment Growth Decrease Unemployment Rate Attract More Immigrants Increase University Admission Increase NSCC admissions Not Measured Improve DND Federal Employment CAPITA ALIZE OUR REPU UTATION Improve Business Confidence Enhance Brand Recognition Increase Room Nights Sold Foster Greater Awareness of HRM as a place to do business LEVERA AGE OUR CREATIVE COMMUNITY C Convert Riv valries into Partne rships Increase Public Investment Enhance Quality Labour Force Improve Average Income Increase Support for Economic Development Attain High Community Satisfaction Increase Visitors to Heritage Sites Joint Economic Development Initiatives Implemented Implement Gateway Strategy Increase Containerized Cargo Increase Airport Passengers New Measure New Measure ho te reate a Gung h usiness Climat Cr Bu Increase Private Investment Grow Commercial Tax Base Set Competitive Commercial Taxes Improve Decision Times for Construction Projects No Score Enhance Access to Broadband Reduce Crime Rate Benchmark Business Climate

6 ECONOMIC STRATEGY REVIEW AND POSSIBLE RESPONSE

7 SUPERCHARGE OURLABOURFORCE Challenges Possible Response Slowing population growth University admissions below target Immigration stalled Retaining Federal jobs Develop an urban population strategy for HRM.

LEVERAGE OUR CREATIVECOMMUNITY Challenges Possible

commitments Work in collaboration with HRM and the

constructionof of a newconvention centre.

8 LEVERAGE OUR CREATIVECOMMUNITY Challenges Possible Response Public investment is slipping relative to our benchmark cities. Set public investment priorities and confirm funding commitments Work in collaboration with HRM and the Province to determine what is needed to fast track the constructionof of a newconvention centre. Identify construction projects or other investments that can be moved quickly with leveraged public investment or expedited approvals.

CREATE A GUNG HO BUSINESS CLIMATE Challenges Possible

taxation continue to be persistent it tproblems.

development may impact future development of all

Continue to support HRM and the Province on the

9 CREATE A GUNG HO BUSINESS CLIMATE Challenges Possible Response Provincial regulation and provincial taxation continue to be persistent it tproblems. Complex new regulations affecting land and property development may impact future development of all types across the province. Continue to support HRM and the Province on the Better Regulation and HRM by Design Initiatives. African Nova Scotian increase collaboration and support

10 CAPITALIZE ON OUR REPUTATION Challenges Possible Response Business confidence we have to stem the tide of business opinion i before bf negative expectations become selffulfilling prophecies. Develop a strategy focused on addressing business attitudes.

11 CONVERT RIVALRIESINTOPARTNERSHIPSINTO Challenges Possible Response Despite considerable effort gaps exist. A new approach to government relations and the development of a Hub City Strategy for Halifax.

Supercharge Our Labour Force Develop a population p strategy

Leverage Our Creative Community Create a Gung Ho Business

priorities and confirm funding commitments.

be moved quickly with leveraged public investment or

Continue to support HRM and the Province on the Better

12 Supercharge Our Labour Force Develop a population p strategy for HRM. Leverage Our Creative Community Create a Gung Ho Business Climate Capitalize on Our Reputation Set public investment priorities and confirm funding commitments. Determine what is needed to fast track the construction of a new convention centre. Identify construction projects or other investments that can be moved quickly with leveraged public investment or expedited approvals. Continue to support HRM and the Province on the Better Regulation and HRM by Design Initiatives ANS Initiative Develop a strategy focused on addressing business attitudes. Strategy for HR M Hub City Convert Rivalries Into Partnerships New approach to government relations

13 HRM s Economic Strategy

YEARS 3-5 ACTIONS. AGREATERHalifax. Economic Strategy

YEARS 3-5 ACTIONS. AGREATERHalifax. Economic Strategy YEARS 3-5 ACTIONS AGREATERHalifax Economic Strategy 2011-2016 AGREATERHalifax 2 1 Economic Strategy 2011-2016: Years 3-5 Actions TABLE OF CONTENTS MESSAGES... 2 EXECUTIVE SUMMARY... 4 VISION... 5 GOALS...