findings and recommendations year economic strategy ......the way we traditionally think about the...

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Building Markham’s Future Together Journey to Excellence Markham 2020: Success By Design Performance Review of the City’s 10-Year Economic Strategy Findings and Recommendations November 21, 2016

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Page 1: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Bu

ild

ing

Ma

rkh

am

’s F

utu

re T

og

eth

er

Jo

urn

ey t

o E

xc

elle

nc

e

Ma

rk

ha

m 2

02

0:

Su

cc

es

s B

y D

es

ign

P

erfo

rma

nce

Rev

iew

of

the

Cit

y’s

10

-Yea

r E

con

om

ic S

tra

teg

y

Fin

din

gs

an

d R

eco

mm

end

ati

on

s N

ov

emb

er 2

1, 2

016

Page 2: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Ma

rk

ha

m 2

02

0:

Su

cc

es

s B

y D

es

ign

A.

Ma

rkh

am

20

20

Str

ate

gic

Rev

iew

B.

Key

Fin

din

gs

& C

on

clu

sio

ns

C.

Th

e R

oa

d A

hea

d

oB

luep

rin

t fo

r 2

016

-20

19

oR

eco

mm

end

ati

on

s fo

r M

ark

ha

m 2

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oN

ext

Ste

ps

2

Page 3: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

A.

Ma

rkh

am

20

20

Str

ate

gic

Rev

iew

In 2

00

8,

Ma

rkh

am

Co

un

cil

ad

op

ted

“Ma

rkh

am

20

20

,” t

he

Cit

y’s

10

-yea

r

eco

no

mic

str

ate

gy

an

d b

luep

rin

t fo

r th

e

eco

no

mic

dev

elo

pm

ent

pro

gra

m.

3

Mayor

Scarp

itti a

nd R

ichard

Flo

rida

at

launch o

f M

ark

ham

2020,

Octo

ber

2008

Page 4: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

In S

epte

mb

er 2

015

, C

ou

nci

l a

pp

rov

ed

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g 4

-ph

ase

pro

cess

to

ev

alu

ate

th

e p

erfo

rma

nce

of

Ma

rkh

am

20

20

. •

Ph

as

e 1

: R

es

ea

rc

h –

Ma

y t

o A

ug

ust

20

15

–C

oll

ect

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form

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ce d

ata

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lder

s

•P

ha

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Co

mm

un

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me

nt

– O

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o J

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ry 2

016

–H

ost

ser

ies

of

op

en h

ou

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pu

bli

c m

eeti

ng

s a

nd

web

ina

rs

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se

3:

Wh

at’

s N

XT

at

Fla

to M

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ea

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016

•P

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Re

co

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en

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– N

ov

emb

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016

–P

rese

nt

to C

ou

nci

l, p

ub

lish

rep

ort

an

d o

nli

ne

ma

ga

zin

e

4

A.

Ma

rkh

am

20

20

Str

ate

gic

Rev

iew

Page 5: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Fram

ewo

rk f

or

Act

ion

– C

irca

20

08

5

Page 6: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Fram

ewo

rk f

or

Act

ion

– T

od

ay (

20

16

)

Tech

no

logy

Life

Sci

en

ces

Fin

anci

al

Serv

ice

s

Engi

ne

eri

ng

/

De

sign

Envi

ron

me

nt

ICT

Ad

van

ced

M

anu

fact

uri

ng

Cre

ativ

e/

Cu

ltu

re

Dig

ita

l H

ea

lth

Me

dte

ch

Fin

tec

h

Cle

an

tec

h

Dig

ita

l M

ed

ia/

Ga

min

g

Inte

llig

en

t

Tra

ns

po

rt

Sys

tem

s

•C

RE

AT

IVE

•N

ET

WO

RK

ED

•S

US

TA

INA

BL

E

•G

LO

BA

L

•IN

FR

AS

TR

UC

TU

RE

•H

EA

LT

HY

•B

RA

ND

ED

•TA

LE

NT

ED

Ro

bo

tic

s

Art

ific

ial In

tellig

en

ce

Sh

ari

ng

Ec

on

om

y

Page 7: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Th

e w

ay

we

tra

dit

ion

all

y t

hin

k a

bo

ut

the

tech

sec

tor

– a

s o

ne

ind

ust

ry s

ecto

r a

mo

ng

ma

ny

– u

nd

erst

ate

s th

e fa

ct t

ha

t m

an

y o

f th

e to

ols

, te

chn

iqu

es,

an

d

skil

ls t

ha

t w

e a

sso

cia

te w

ith

“h

igh

tec

h”

are

in

fa

ct u

tili

zed

acr

oss

a m

uch

b

roa

der

sec

tio

n o

f th

e ec

on

om

y.

Lo

ok

ing

th

rou

gh

th

is l

ens,

Ca

na

da

’s t

ech

se

cto

r is

mu

ch b

igg

er t

ha

n o

ur

curr

ent

def

init

ion

s a

re a

ble

to

ca

ptu

re.

“T

he

Sta

te o

f C

an

ad

a’s

Tec

h S

ecto

r, 2

016

”, B

roo

kfi

eld

In

stit

ute

fo

r In

no

va

tio

n a

nd

En

trep

ren

eurs

hip

“Co

mp

an

ies

in n

earl

y e

ver

y i

nd

ust

ry s

ecto

r re

pre

sen

ted

in

Lin

ked

IN a

re h

irin

g f

or

tech

no

log

y s

kil

ls”,

Lin

ked

In/C

ivic

Act

ion

Eco

no

mic

Gra

ph

In

itia

tiv

es,

20

16

ICT

≠T

ech

no

log

y

7

Page 8: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Str

ate

gic

Co

lla

bo

rati

on

s R

ema

in F

ou

nd

ati

on

al

Pro

vin

ce

of

On

tari

o

Se

ne

ca

Go

ve

rnm

en

t

of

Ca

na

da

Cit

y o

f

Ma

rkh

am

Cu

ltu

ral

Ins

titu

tio

ns

•C

RE

AT

IVE

•N

ET

WO

RK

ED

•S

US

TA

INA

BL

E

•G

LO

BA

L

•IN

FR

AS

TR

UC

TU

RE

•H

EA

LT

HY

•B

RA

ND

ED

•TA

LE

NT

ED

ve

ntu

reL

AB

Re

gio

na

l

Mu

nic

ipa

lity

Of

Yo

rk

Pri

vate

Se

cto

r

Yo

rk

Un

ive

rsit

y

Bu

sin

es

s &

Co

mm

un

ity

As

so

cia

tio

ns

Fost

eri

ng

Eco

no

mic

D

eve

lop

me

nt

Page 9: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

1.P

rio

rity

Sec

tors

2.

Glo

ba

l B

usi

nes

s S

tra

teg

ies

3.

SM

E a

nd

Co

mm

erci

ali

zati

on

of

Tec

hn

olo

gy

an

d I

nn

ov

ati

on

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 10: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

1.

Pr

ior

ity

Se

cto

rs

– K

ey

fin

din

gs

(p

as

t 8

ye

ar

s)

A

ll p

rio

rity

sec

tors

gre

w i

n e

mp

loy

men

t a

nd

nu

mb

er o

f fi

rms

T

ech

no

log

y p

lay

ing

in

crea

sin

gly

im

po

rta

nt

role

acr

oss

all

sec

tors

In

crea

sin

gly

div

erse

em

plo

ym

ent

ba

se (

mo

re n

on

-IC

T

emp

loy

men

t)

S

tro

ng

geo

gra

ph

ic c

on

cen

tra

tio

n o

f a

ll t

yp

es o

f em

plo

ym

ent

alo

ng

Hw

y 4

04

/Hw

y 7

/Hw

y 4

07

co

rrid

ors

H

igh

est

con

cen

tra

tio

n o

f p

er c

ap

ita

hig

h-t

ech

em

plo

ym

ent

am

on

g C

an

ad

ian

cit

ies,

in

clu

din

g T

oro

nto

, O

tta

wa

, W

ate

rlo

o

A

dv

an

ced

ma

nu

fact

uri

ng

is

resi

lien

t

A

pp

rox

ima

tely

¼ o

f m

an

ufa

ctu

rin

g j

ob

s a

re t

ech

no

log

y j

ob

s

ICT

& L

ife

Scie

nces

Co

nverg

en

ce

Info

rmati

on

,

En

tert

ain

men

t

& C

ult

ura

l

Ind

ustr

ies

Pro

fessio

na

l,

Scie

nti

fic

& T

ech

nic

al

Serv

ices

Fin

an

cia

l

& In

su

ran

ce

Serv

ices

Page 11: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

1.

Pr

ior

ity

Se

cto

rs

– C

on

clu

sio

ns

Ret

ain

tit

le a

s C

an

ad

a’s

Hig

h T

ech

Ca

pit

al

by

U

nd

erst

an

d a

nd

lev

era

ge

the

exp

an

din

g r

ole

/im

pa

ct o

f te

chn

olo

gy

on

M

ark

ha

m’s

oth

er p

rio

rity

sec

tors

F

urt

her

gro

w a

ll o

ur

pri

ori

ty s

ecto

rs a

nd

ad

va

nce

d m

an

ufa

ctu

rin

g

L

ead

as

a t

ech

no

log

y-e

na

ble

d c

orp

ora

tio

n –

e.g

. D

igit

al

Ma

rkh

am

E

nsu

re f

utu

re w

ork

forc

e is

su

ita

bly

tra

ined

an

d e

du

cate

d t

o m

eet

curr

ent

an

d f

utu

re n

eed

s o

f in

du

stry

E

vo

lve

ou

r h

igh

ly c

on

cen

tra

ted

em

plo

ym

ent

are

as

into

em

plo

ym

ent

“co

mm

un

itie

s” t

ha

t in

clu

de

cult

ura

l, t

ran

sit

an

d o

ther

am

enit

ies

to

att

ract

an

d r

eta

in w

ork

ers

an

d e

mp

loy

ers

11

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

ICT

& L

ife

Scie

nces

Co

nverg

en

ce

Info

rmati

on

,

En

tert

ain

men

t

& C

ult

ura

l

Ind

ustr

ies

Pro

fessio

na

l,

Scie

nti

fic

& T

ech

nic

al

Serv

ices

Fin

an

cia

l

& In

su

ran

ce

Serv

ices

Page 12: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

2.

G

lob

al

Bu

sin

es

s S

tra

teg

y –

Ke

y f

ind

ing

s

F

ore

ign

Dir

ect

In

ves

tmen

t: 5

9%

of

all

fo

reig

n c

om

pa

nie

s in

Ma

rkh

am

are

U.S

. b

ase

d;

20

%

fro

m E

uro

pe;

15

% f

rom

Asi

a

5

7%

of

fore

ign

co

mp

an

ies

are

in

IC

T s

ecto

r

D

iver

sify

ing

so

urc

e o

f F

DI

– i

ncr

ease

d F

DI

fro

m C

hin

a a

nd

in

crea

sed

in

tere

st f

rom

In

dia

M

NE

s h

av

e g

rea

ter

eco

no

mic

im

pa

ct o

n i

nd

irec

t jo

bs,

in

ves

tmen

ts i

n R

&D

, te

ch t

ran

sfer

, su

pp

ly c

ha

in o

pp

ort

un

itie

s

4

9%

of

FD

I M

NE

s em

plo

y f

ewer

th

an

20

peo

ple

; 2

5%

em

plo

y 2

0-9

9;

26

% e

mp

loy

10

0-

50

0+

S

erv

icin

g C

hin

ese

inv

estm

ent

inq

uir

ies

req

uir

es d

edic

ate

d a

nd

cu

sto

miz

ed r

eso

urc

es a

nd

m

ark

etin

g p

rog

ram

M

ark

ha

m’s

str

eng

ths

– c

ost

co

mp

etit

ive

(ta

xes

, p

ark

ing

, re

nts

, et

c.),

new

des

ign

-bu

ild

o

pti

on

s, p

rox

imit

y t

o d

ecis

ion

-ma

ker

s, s

kil

led

an

d d

iver

se t

ale

nt,

pro

-bu

sin

ess

env

iro

nm

ent

M

ark

ha

m’s

wea

kn

esse

s –

sca

rcit

y a

nd

lim

ited

acc

ess

to p

ub

lic

tra

nsi

t, d

ista

nce

fro

m

do

wn

tow

n,

reta

inin

g l

ab

ou

r d

ue

to p

ull

of

do

wn

tow

n,

lim

ited

em

plo

ym

ent

lan

d s

up

ply

an

d

pre

ssu

re f

or

emp

loy

men

t la

nd

co

nv

ersi

on

s

12

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 13: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

2.

G

lob

al

Bu

sin

es

s S

tra

teg

y –

Co

nc

lus

ion

s

In

ves

tmen

t a

ttra

ctio

n s

tra

teg

y m

ust

ba

lan

ce f

ocu

s o

n e

mer

gin

g m

ark

ets

(Ch

ina

an

d I

nd

ia)

wh

ile

als

o c

ult

iva

tin

g r

ela

tio

nsh

ips

an

d o

pp

ort

un

itie

s in

th

e U

.S.

F

DI

com

es i

n a

ll c

om

pa

ny

siz

es

(SM

Es

an

d M

NE

s) a

nd

all

in

ves

tmen

t is

im

po

rta

nt

to M

ark

ha

m’s

pro

sper

ity

in

ter

ms

of

emp

loy

men

t, t

ech

tra

nsf

er,

sup

ply

ch

ain

op

po

rtu

nit

ies,

R&

D

C

on

tin

ue

focu

s o

n c

ost

co

mp

etit

iven

ess,

ta

len

t re

ten

tio

n a

nd

att

ract

ion

, li

vea

ble

co

mm

un

itie

s in

clu

din

g i

nfr

ast

ruct

ure

dev

elo

pm

ent

M

ark

ha

m’s

ex

isti

ng

Eco

no

mic

All

ian

ce a

nd

Sis

ter

Cit

y P

rog

ram

is

insu

ffic

ien

t to

mee

t d

ema

nd

an

d r

equ

ires

rev

iew

an

d r

epla

cem

ent

13

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 14: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

3.

S

ME

an

d C

om

me

rc

iali

za

tio

n o

f T

ec

hn

olo

gy

an

d I

nn

ov

ati

on

Ke

y f

ind

ing

s

S

ME

s re

pre

sen

t o

ver

54

% o

f th

e to

tal

emp

loy

men

t in

Ma

rkh

am

S

ince

20

07

, M

SB

C c

lien

ts h

av

e sh

ifte

d f

rom

go

od

s p

rod

uci

ng

to

ser

vic

es

ind

ust

ry (

tech

no

log

y,

hea

lth

ca

re,

soci

al

serv

ices

, a

nd

pro

fess

ion

al

serv

ices

)

M

SB

C c

lien

ts a

re i

ncr

easi

ng

ly y

ou

th,

wo

men

, a

nd

new

im

mig

ran

t en

trep

ren

eurs

– p

rog

ram

s g

eare

d t

o t

hes

e g

rou

ps

are

wel

l su

bsc

rib

ed

M

SB

C s

erv

ices

del

iver

ed i

n c

oll

ab

ora

tio

n w

ith

mu

ltip

le o

rga

niz

ati

on

s

P

art

ner

ship

wit

h v

entu

reL

AB

, Y

ork

Un

iver

sity

, S

enec

a r

ein

forc

es “

hig

h-t

ech

ca

pit

al”

rep

uta

tio

n

…co

nti

nu

ed o

n n

ext

pa

ge

14

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 15: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

3.

SM

E a

nd

Co

mm

er

cia

liz

ati

on

of

Te

ch

no

log

y a

nd

In

no

va

tio

n

– K

ey

fin

din

gs

(co

nti

nu

ed)

M

ajo

rity

of

ven

ture

LA

B a

nd

In

no

va

tio

n Y

ork

cli

ents

an

d c

om

pa

nie

s a

re i

n t

he

ICT

, h

ealt

h a

nd

ma

nu

fact

uri

ng

sec

tors

– b

ase

d a

cro

ss t

he

GT

A a

nd

bey

on

d

M

ark

ha

m a

nd

Yo

rk R

egio

n a

re p

art

of

the

Dig

ita

l C

orr

ido

r a

nd

th

e In

no

va

tio

n

Su

per

clu

ster

, co

nn

ecte

d t

o t

he

To

ron

to-W

ate

rlo

o c

orr

ido

r

T

he

Ma

rkh

am

Co

nv

erg

ence

Cen

tre

is a

mo

del

of

coll

oca

tin

g b

usi

nes

s su

pp

ort

se

rvic

es (

ven

ture

LA

B,

Inn

ov

ati

on

Yo

rk,

Na

tio

na

l R

esea

rch

Co

un

cil,

MB

T)

cult

iva

tin

g t

he

eco

syst

em f

or

inn

ov

ati

on

in

Ma

rkh

am

/Yo

rk R

egio

n

R

ecru

itin

g a

nd

ret

ain

ing

sk

ille

d m

an

ag

emen

t ta

len

t re

ma

ins

a c

ha

llen

ge

for

sta

rt-u

p a

nd

gro

wth

sta

ge

com

pa

nie

s

15

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 16: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

3.

S

ME

an

d C

om

me

rc

iali

za

tio

n o

f T

ec

hn

olo

gy

an

d I

nn

ov

ati

on

Co

nc

lus

ion

s

“It

tak

es a

vil

lag

e to

su

pp

ort

in

no

va

tio

n.”

Inv

est

in a

nd

nu

rtu

re p

art

ner

ship

s b

etw

een

in

du

stry

, a

cad

emia

an

d o

ther

le

vel

s o

f g

ov

ern

men

t to

fu

rth

er s

tren

gth

en t

he

loca

l ec

osy

stem

fo

r st

art

-up

s a

nd

gro

wth

-sta

ge

com

pa

nie

s

A

ssis

t co

mp

an

ies

in f

ind

ing

ma

na

gem

ent

tale

nt

an

d o

pti

miz

e in

no

va

tio

n a

nd

te

chn

olo

gy

– s

cali

ng

co

mp

an

ies

is k

ey t

o i

ncr

easi

ng

pro

du

ctiv

ity

an

d c

riti

cal

to c

om

mu

nit

y p

rosp

erit

y

C

on

tin

ue

inv

esti

ng

in

sta

rt-u

p a

nd

sca

le-u

p s

up

po

rt s

erv

ices

fo

r in

crea

sin

gly

d

iver

se c

lien

t b

ase

16

B.

Ma

rkh

am

20

20

Rev

iew

: K

ey F

ind

ing

s &

Co

ncl

usi

on

s

Page 17: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

17

20

08

20

16

ST

RE

NG

TH

S

WE

AK

NE

SS

ES

•Si

gnif

ican

t gr

ow

th

•H

igh

ly e

du

cate

d w

ork

forc

e sk

illed

in

kno

wle

dge

-bas

ed in

du

stri

es

•D

iver

se a

nd

mu

ltili

ngu

al p

op

ula

tio

n

•Lo

w t

axes

•Po

siti

ve p

erce

pti

on

of

Cit

y am

on

g b

usi

nes

s co

mm

un

ity

•Fr

ien

dly

an

d in

viti

ng

to n

ewco

mer

s

•St

rate

gic

colla

bo

rati

on

s

•A

ll o

f th

e a

bo

ve

•M

arkh

am C

on

verg

en

ce C

en

tre

•M

ore

str

ate

gic

colla

bo

rati

on

s –

e.g

.,

ven

ture

LAB

eth

nic

ch

amb

ers

•Yo

rk U

niv

ers

ity

com

mit

me

nt

•R

ece

nt

inve

stm

en

ts in

tra

nsp

ort

atio

n –

V

IVA

de

dic

ate

d b

us

lan

es

•La

ck o

f af

ford

able

ho

usi

ng

•R

edu

ctio

n in

man

ufa

ctu

rin

g,

per

hap

s d

ue

to la

ck o

f su

itab

le,

serv

iced

em

plo

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nd

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crea

sin

g o

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atin

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sts

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bse

nce

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mm

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ub

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on

tin

ue

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f af

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usi

ng

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stai

nab

ility

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ufa

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rin

g

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o a

ttra

ct M

ille

nn

ial w

ork

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e

•C

anad

a’s

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mic

co

mp

etit

ive

ne

ss

still

in q

ue

stio

n

•Li

mit

ed

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plo

yme

nt

lan

d s

up

ply

Page 18: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

18

20

08

20

16

OP

PO

RT

UN

ITIE

S

Op

tim

um

ou

tco

me

s

TH

RE

AT

S

Ris

ks

if

no

t a

dd

res

se

d

•In

crea

sed

div

ersi

ty o

f h

ou

sin

g st

ock

h

elp

s at

trac

t an

d r

etai

n w

ider

ran

ge o

f w

ork

ers

•G

row

th o

f ke

y se

cto

rs

•Yo

rk U

att

ract

s ad

dit

ion

al in

vest

me

nt

•A

vaila

bili

ty o

f h

ou

sin

g an

d e

mp

has

is o

n

mix

ed

-use

ne

igh

bo

urh

oo

ds

en

han

ces

livab

ility

(M

arkh

am C

en

tre

, pro

po

sed

B

utt

on

ville

air

po

rt r

ed

eve

lop

me

nt)

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han

ced

tra

nsp

ort

atio

n in

cre

ase

s ef

fici

en

cy, l

ivab

ility

•R

egi

on

al E

xpre

ss R

ail e

nh

ance

s ac

cess

•D

igit

al M

arkh

am S

trat

egy

su

pp

ort

s in

cre

ase

d g

row

th in

te

chn

olo

gy a

cro

ss

all s

ect

ors

•La

ck o

f av

aila

ble

lan

d f

or

dev

elo

pm

ent

red

uce

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oic

e

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ck o

f ac

cess

ible

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ion

ally

an

d

loca

lly c

on

nec

ted

pu

blic

tra

nsp

ort

atio

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uce

s co

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etit

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ess

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ress

ure

fo

r e

mp

loym

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co

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ns

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f h

igh

-sp

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d r

egi

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ub

lic

tran

spo

rtat

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dis

cou

rage

s co

nti

nu

ed

gro

wth

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ss o

f h

igh

-te

ch b

ran

d a

dva

nta

ge

to o

the

r ju

risd

icti

on

s

Page 19: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

“I c

on

gra

tula

te M

ark

ha

m f

or

the

vis

ion

th

ey’v

e sh

ow

n

wit

h t

his

pla

n.

I’v

e tr

av

elle

d t

he

wo

rld

an

d I

’ve

seen

firs

tha

nd

ho

w g

ov

ern

men

ts c

an

be

ena

ble

rs o

f g

row

th

an

d d

isa

ble

rs o

f g

row

th.

In t

his

cit

y,

wh

ere

I’v

e li

ved

fo

r

alm

ost

th

ree

dec

ad

es,

Co

un

cil

an

d t

he

Ma

yo

r a

re v

ery

mu

ch p

art

ner

s in

gro

wth

.”

– W

arr

en J

esti

n,

Fo

rmer

Sco

tia

ba

nk

Sen

ior

Vic

e-P

resi

den

t &

Ch

ief

Eco

no

mis

t

19

Page 20: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

20

[CK

– c

ould

be g

ood t

o u

se im

age h

ere

of ro

ad

in M

ark

ham

– H

wy 7

Viv

a? I

can look into

this

]

C.

Th

e R

oa

d A

hea

d

Page 21: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

C.

Th

e R

oa

d A

hea

d

Ch

an

gin

g c

om

pe

titi

ve

ne

ss

dr

ive

rs

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on

ver

gen

ce”

ha

s a

new

, b

roa

der

mea

nin

g a

s te

chn

olo

gy

un

der

pin

s a

ll s

ecto

rs a

nd

b

lurs

lin

es b

etw

een

tra

dit

ion

al

ind

ust

ries

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rese

nce

of

new

glo

ba

l ec

on

om

ic c

om

pet

ito

rs

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ise

of

hig

hly

mo

bil

e w

ork

fo

rce

is p

laci

ng

em

ph

asi

s o

n l

ive/

wo

rk/p

lay

an

d “

coo

l”

fact

or

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nn

ov

ati

on

Ag

end

a i

s a

key

pri

ori

ty f

or

bo

th F

eder

al

an

d P

rov

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al

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nm

ents

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nta

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va

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n A

gen

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20

16,

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era

l B

ud

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20

16)

Ch

an

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g m

ac

ro

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on

om

ic e

nv

iro

nm

en

t

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ult

ila

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l tr

ad

e a

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emen

ts a

re i

n t

urm

oil

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lob

al

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rity

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rea

ts a

re o

n t

he

rise

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lob

al

eco

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rem

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ug

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h

21

Page 22: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

C.

Th

e R

oa

d A

hea

d

Ma

rk

ha

m 2

02

0:

Blu

ep

rin

t (2

016

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19

)

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ark

ha

m’s

10

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pla

n r

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idin

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luep

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r th

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ity

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om

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ent

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w i

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ity

to

ma

ke

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essa

ry a

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ents

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pri

ori

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act

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nd

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om

men

d a

pp

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ria

te r

eso

urc

es f

or

the

rem

ain

ing

ter

m o

f th

e st

rate

gy

•T

he

full

Blu

epri

nt

can

be

vie

wed

at

htt

p:/

/ww

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ark

ha

m.c

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ps/

po

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Page 23: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Blu

ep

rin

t fo

r 2

01

6-2

01

9

Stra

tegy

Fo

cus

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mar

y o

f R

evie

w

New

Act

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s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

Pri

ori

ty S

ecto

rs

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arkh

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0 s

trat

egy

revi

ew

pro

cess

co

nfi

rmed

th

e fo

ur

targ

eted

se

cto

rs a

re e

xpan

din

g

and

co

nti

nu

e to

sh

ow

str

ateg

ic

gro

wth

po

ten

tial

-Te

chn

olo

gy (

such

as

adva

nce

d

rob

oti

cs, a

rtif

icia

l in

telli

gen

ce,

con

nec

ted

pla

tfo

rms,

etc

.) is

imp

acti

ng

and

pe

rman

entl

y

chan

gin

g tr

adit

ion

al s

ecto

rs

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rio

rity

sec

tors

em

plo

ymen

t

con

cen

trat

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lon

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wy

40

4/4

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rs

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on

tin

ue

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arge

t p

rio

rity

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ors

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vera

ge e

mp

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ent

dat

a

to t

rack

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d m

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re

per

form

ance

an

d c

reat

e

asse

t m

aps

of

each

se

cto

r

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easu

re t

he

imp

act

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the

con

verg

ence

of

tech

no

logy

no

t o

nly

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fe s

cien

ces

bu

t al

so w

ith

all

pri

ori

ty

sect

ors

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on

sid

er t

arge

tin

g

adva

nce

d m

anu

fact

uri

ng

as

a p

rio

rity

se

cto

r. B

egin

trac

kin

g ac

tivi

ty o

f

adva

nce

d m

anu

fact

uri

ng

-O

ngo

ing

-O

ngo

ing

-A

s re

sou

rces

per

mit

, beg

in b

y

iden

tify

ing

tech

no

logy

job

s

acro

ss a

ll p

rio

rity

sect

ors

-R

efle

ct in

nex

t

stra

tegy

-St

art

dat

a

com

pila

tio

n

bas

ed o

n Y

R

emp

loym

ent

surv

ey

-D

evel

op

clu

ster

map

-Le

ad

-Le

ad

-Pa

rtn

er:

Op

po

rtu

nit

y to

par

tner

wit

h

rese

arch

inst

itu

tes,

pri

vate

sec

tor

23

Page 24: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

C.

Th

e R

oa

d A

hea

d

Re

co

mm

en

da

tio

ns

fo

r M

ar

kh

am

20

30

Op

tim

ize

po

ten

tia

l o

f Y

ork

Un

iver

sity

’s n

ew c

am

pu

s

•C

on

tin

ue

to f

ocu

s o

n k

ey g

row

th s

ecto

rs a

nd

em

ph

asi

ze M

ark

ha

m’s

st

ren

gth

s a

s a

hu

b f

or

tech

no

log

y a

cro

ss a

ll s

ecto

rs

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edic

ate

res

ou

rce

for

rese

arc

h a

nd

da

ta a

na

lysi

s in

su

pp

ort

of

pri

ori

ty

sect

ors

an

d G

lob

al

Ma

rkh

am

pro

gra

m

•C

on

sid

er

ad

va

nce

d m

an

ufa

ctu

rin

g a

s a

dd

itio

na

l p

rio

rity

sec

tor

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ocu

s o

n s

erv

ing

glo

ba

l g

row

th m

ark

ets

an

d s

tren

gth

en

ing

U.S

. m

ark

et

effo

rts

….C

on

tin

ued

on

nex

t p

ag

e

24

Page 25: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

C.

Th

e R

oa

d A

hea

d

Re

co

mm

en

da

tio

ns

fo

r M

ar

kh

am

20

30

Lev

era

ge

Ma

rkh

am

’s c

ult

ura

l d

iver

sity

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riv

e co

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rati

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acr

oss

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gra

mm

ing

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ork

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h v

entu

reL

AB

/pri

va

te s

ecto

r/Y

ork

Un

iver

sity

an

d S

enec

a o

n

dev

elo

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g a

Ma

rkh

am

In

no

va

tio

n A

gen

da

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nh

an

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nn

ov

ati

on

an

d h

igh

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h b

ran

din

g t

hro

ug

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nli

ne

ma

rket

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st

rate

gy

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aci

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te t

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evel

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men

t o

f th

e F

utu

re U

rba

n A

rea

em

plo

ym

ent

lan

ds

25

Page 26: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Ne

xt

Ste

ps

La

un

ch M

ark

ha

m2

02

0 O

nli

ne

Ma

ga

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e co

mm

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ica

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n a

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ark

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o t

o o

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ga

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e ]

C

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ue

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r p

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, re

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lan

an

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y,

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re w

ith

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ark

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03

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019

C.

Th

e R

oa

d A

hea

d

26

Page 27: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

SMEs

an

d

Co

mm

erci

aliz

atio

n

-M

arkh

am S

mal

l Bu

sin

ess

Ce

ntr

e

succ

essf

ully

su

pp

ort

ing

smal

l

bu

sin

ess

star

t-u

ps

-M

SBC

co

lloca

tio

n w

ith

in t

he

Mar

kham

Co

nve

rgen

ce C

en

tre

syn

ergi

stic

-C

lien

ts in

crea

sin

gly

fem

ale,

eth

nic

ally

div

erse

, an

d y

ou

th

enga

gem

ent

is h

igh

-ve

ntu

reLA

B a

mo

ng

top

th

ree

RIC

s

-C

lien

ts fo

cuse

d o

n h

ealt

h,

tech

no

logy

inn

ova

tio

ns

-M

arkh

am y

ield

ing

sign

ific

ant

retu

rn

on

inve

stm

ent

in v

entu

reLA

B a

nd

Mar

kham

Co

nve

rgen

ce C

en

tre

-In

no

vati

on

Yo

rk i

mp

ort

ant

com

po

nen

t to

th

e M

CC

eco

syst

em,

stro

ng

sup

po

rter

of

stu

den

t an

d

facu

lty

entr

epre

neu

rsh

ip

-C

on

tin

ue

to p

rom

ote

SM

E

focu

sed

pro

gram

min

g th

rou

gh

ven

ture

LAB

, MSB

C, I

nn

ova

tio

n

York

-C

on

nec

t SM

Es t

o M

NEs

th

rou

gh

exis

tin

g p

rogr

ams

and

net

wo

rks

-C

on

tin

ue

to s

up

po

rt c

olla

bo

rati

on

bet

wee

n v

entu

reLA

B, M

SBC

, Cit

y,

and

Inn

ova

tio

n Y

ork

-Su

pp

ort

focu

s o

n s

calin

g

com

pan

ies

for

incr

ease

d

pro

du

ctiv

ity

-C

on

tin

ue

inve

stin

g in

ven

ture

LAB

arti

cula

tin

g ke

y o

utc

om

es a

nd

del

iver

able

s

-Pa

rtn

er w

ith

ven

ture

LAB

, Yo

rk

Un

iver

sity

, Yo

rk R

egio

n, S

enec

a,

and

pri

vate

sec

tor

to d

evel

op

a

Mar

kham

Inn

ova

tio

n S

trat

egy

-O

ngo

ing

and

refl

ect

in n

ext

stra

tegy

-M

arkh

am E

con

om

ic

Dev

elo

pm

ent,

MSB

C

lead

in c

olla

bo

rati

on

wit

h p

artn

ers

incl

ud

ing

ven

ture

LAB

,

Inn

ova

tio

n Y

ork

,

Sen

eca,

etc

27

Ap

pe

nd

ix:

Page 28: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Eco

no

mic

En

able

rs: D

eve

lop

ing

an E

cosy

ste

m t

hro

ugh

Co

llab

ora

tio

n

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Tak

en

Ti

me

line

Le

ad/P

artn

er/

Sup

po

rt

Glo

bal

Mar

kham

Wh

ere

dir

ect

fore

ign

inve

stm

ent

ap

pro

ach

es o

r

equ

als

do

mes

tic

inve

stm

ent

in n

ew

job

s.

-U

S is

th

e si

ngl

e gr

eate

st s

ou

rce

of

FDI i

n M

arkh

am

-M

arkh

am’s

key

mar

kets

incl

ud

ing

Ch

ina

and

Ind

ia a

re w

ell d

evel

op

ed

-C

urr

ent

rela

tio

nsh

ips

wit

h k

ey e

thn

ic

bas

ed b

usi

nes

ses

asso

ciat

ion

s,

par

tner

s an

d a

cad

emic

inst

itu

tio

ns

are

effe

ctiv

e

-D

evel

op

a U

S fo

cuse

d

inve

stm

ent

attr

acti

on

str

ateg

y

targ

etin

g st

rate

gic

stat

es (

bo

rder

,

stat

es, C

alif

orn

ia, T

exas

)

-M

ore

th

oro

ugh

ap

pro

ach

to

cap

turi

ng

FDI d

ata

is n

eed

ed

-C

on

tin

ue

to d

evel

op

an

d s

up

po

rt

exis

tin

g re

lati

on

ship

s

-Id

enti

fy n

ew p

artn

ersh

ip

op

po

rtu

nit

ies

incl

ud

ing

Toro

nto

Glo

bal

-Ev

alu

ate

pro

gram

su

pp

ort

in li

ght

of

incr

ease

d n

um

ber

of

inb

ou

nd

del

egat

ion

s an

d d

eman

d f

or

mo

re in

tern

atio

nal

alli

ance

s

-P

lace

em

ph

asis

on

tec

hn

olo

gy

and

inn

ova

tio

n in

Glo

bal

Mar

kham

mes

sagi

ng

-B

egin

to

iden

tify

par

tner

ship

op

po

rtu

nit

ies

-O

ngo

ing

-O

ngo

ing

-A

s p

art

of

nex

t 1

0-y

r

stra

tegy

-Im

med

iate

-O

ngo

ing

- Le

ad/P

artn

er

28

Page 29: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Tak

en

Ti

me

line

Le

ad/P

artn

er/

Sup

po

rt

Tale

nte

d

Mar

kham

A c

ity

wit

h a

hig

h

per

form

an

ce la

bo

ur

forc

e.

-Yo

rk U

niv

ersi

ty C

amp

us

stre

ngt

hen

s

Mar

kham

’s v

alu

e p

rop

osi

tio

n,

enh

ance

s lo

cal r

esea

rch

an

d

inn

ova

tio

n c

apac

ity,

incr

ease

s ab

ility

to a

ttra

ct a

nd

ret

ain

bu

sin

ess

and

tale

nt

-Ed

uca

tio

n a

nd

ski

lls le

vels

of

Mar

kham

resi

den

ts a

re a

mo

ng

the

hig

hes

t in

th

e

cou

ntr

y

-C

hal

len

ge in

att

ract

ing

mill

enn

ial

wo

rkfo

rce

-A

ffo

rdab

le H

ou

sin

g –

lack

of

affo

rdab

le h

ou

sin

g lim

its

Mar

kham

’s

abili

ty t

o a

ttra

ct m

illen

nia

l wo

rkfo

rce

and

lim

its

ou

r ab

ility

to

mee

t th

e

nee

ds

of

a d

iver

se p

op

ula

tio

n

-En

sure

Yo

rk U

niv

ersi

ty c

amp

us

in

Mar

kham

bec

om

es a

cat

alys

t fo

r

inn

ova

tio

n b

y w

ork

ing

toge

ther

wit

h Y

ork

to

infl

uen

ce p

rogr

amm

ing

for

new

cam

pu

s an

d f

acili

tate

par

tner

ship

s w

ith

loca

l co

mp

anie

s

-C

on

tin

ue

to e

nco

ura

ge in

crea

sed

den

siti

es a

nd

mix

ed u

se, c

om

ple

te

com

mu

nit

ies

ie. M

arkh

am C

entr

e

-C

on

tin

ue

to a

dvo

cate

fo

r fu

rth

er

inve

stm

ents

in p

ub

lic t

ran

spo

rtat

ion

-P

rom

ote

inve

stm

ent

in a

rts

and

cult

ure

an

d c

om

mu

nit

y fa

cilit

ies

to

attr

act

and

ret

ain

tal

ent

-B

uild

aw

aren

ess

of

Mar

kham

as

a

bu

sin

ess

and

cu

ltu

ral d

esti

nat

ion

-W

ork

wit

h S

enec

a, Y

ork

Un

iver

sity

and

ven

ture

LAB

to

po

siti

on

new

cam

pu

s as

cen

tre

of

exce

llen

ce

-En

sure

tra

inin

g an

d e

du

cati

on

of

lab

ou

r fo

rce

mee

t th

e ch

angi

ng

nee

ds

of

stu

den

ts a

nd

ind

ust

ry

-O

ngo

ing

-O

ngo

ing

-O

ngo

ing

-O

ngo

ing

-2

01

7

-2

01

6-2

01

7

-O

ngo

ing

Sup

po

rt, C

AO

lead

in

par

tner

ship

wit

h Y

ork

an

d

York

Reg

ion

]

-Su

pp

ort

-Su

pp

ort

-Par

tner

wit

h p

riva

te

sect

or/

ven

ture

LAB

-Lea

d/P

artn

er

-Par

tner

-Su

pp

ort

29

Page 30: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Tak

en

Ti

me

line

Le

ad/P

artn

er/

Sup

po

rt

Ne

two

rked

Mar

kham

A N

etw

ork

ed C

ity

is o

ne

in w

hic

h c

olla

bo

rati

on

,

pa

rtn

ersh

ips

an

d

kno

wle

dg

e-sh

ari

ng

fost

er c

om

mer

cia

l

succ

ess.

-Ec

Dev

has

dev

elo

ped

nu

mer

ou

s

stra

tegi

c p

artn

ersh

ips

to d

eliv

er a

nd

sust

ain

sh

ared

eco

no

mic

dev

elo

pm

ent

ob

ject

ives

(p

artn

ers

incl

ud

e in

tern

atio

nal

bu

sin

ess

asso

ciat

ion

s an

d c

ham

ber

s, p

riva

te

sect

or,

aca

dem

ia in

clu

din

g Yo

rk

Un

iver

sity

an

d S

enec

a , n

on

-pro

fits

,

Mar

kham

Lib

rary

, Reg

ion

al

gove

rnm

ent,

etc

)

-C

on

tin

ue

to e

nga

ge in

str

ateg

ic

colla

bo

rati

on

s a

nd

iden

tify

new

par

tner

ship

s

-Ex

pan

d c

olla

bo

rati

on

wit

h p

riva

te

sect

or

-Em

ph

asiz

e ac

adem

ic p

artn

ersh

ips

(In

no

vati

on

Yo

rk, S

enec

a H

elix

) in

rese

arch

an

d c

om

mer

cial

izat

ion

an

d

inn

ova

tio

n a

gen

da

-Fa

cilit

ate

imp

lem

enta

tio

n o

f D

igit

al

Mar

kham

to

po

siti

on

Mar

kham

as

a

lead

ing

Dig

ital

/Sm

art

Cit

y.

-Pa

rtn

er w

ith

pri

vate

sec

tor,

ven

ture

LAB

,

ho

spit

als,

Yo

rk U

niv

ersi

ty, S

enec

a to

dev

elo

p M

arkh

am In

no

vati

on

Str

ateg

y

-Pa

rtn

er w

ith

Yo

rk U

niv

ersi

ty a

nd

Sen

eca

on

pro

gram

dev

elo

pm

ent

an

d

inn

ova

tio

n a

gen

da

for

new

cam

pu

s

-On

goin

g

- 2

01

7

-On

goin

g

-20

16

-20

17

-20

16

-20

17

-Pa

rtn

er

-Pa

rtn

er

-Su

pp

ort

-Pa

rtn

er

-Pa

rtn

er

30

Page 31: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

Bra

nd

ed

Mar

kham

An

iden

tifi

ab

le b

ran

d

an

d r

ega

rded

am

on

g t

he

top

cit

ies

in N

. Am

eric

a.

-M

arkh

am’s

bra

nd

as

Can

ada’

s H

igh

Tech

Cap

ital

is w

ell r

eco

gniz

ed,

alth

ou

gh w

eake

ned

so

mew

hat

du

e

to c

han

gin

g ec

on

om

ic

envi

ron

men

t, lu

re o

f d

ow

nto

wn

Toro

nto

, agg

ress

ive

mar

keti

ng

by

oth

er ju

risd

icti

on

s, d

elay

in D

igit

al

Mar

kham

str

ateg

y an

d

imp

lem

enta

tio

n

-A

lign

bra

nd

ing

wit

h in

no

vati

on

agen

da

-Su

stai

n H

igh

Tec

h b

ran

d

-B

uild

nar

rati

ve a

rou

nd

ro

le o

f

tech

no

logy

in o

ther

pri

ori

ty s

ecto

rs

-B

ran

din

g 4

04

/7/4

07

as

regi

on

al t

ech

hu

b f

or

kno

wle

dge

-bas

ed c

om

pan

ies

in t

he

GTA

-Su

pp

ort

imp

lem

enta

tio

n o

f D

igit

al

Mar

kham

Str

ateg

y as

it p

osi

tio

ns

the

Cit

y as

a le

ader

in t

ech

no

logy

ado

pti

on

an

d s

up

po

rts

Hig

h T

ech

Cap

ital

bra

nd

-Le

vera

gin

g/C

oo

rdin

atin

g “i

nn

ova

tio

n”

mes

sagi

ng

and

#To

ron

toTe

chC

orr

ido

r

mes

sagi

ng

-En

han

ce o

nlin

e p

rese

nce

th

rou

gh

soci

al m

edia

,

com

mu

nic

atio

ns/

mar

keti

ng

stra

tegy

-Im

ple

men

t So

cial

Med

ia t

rain

ing

for

Co

un

cil a

nd

sta

ff a

rou

nd

EcD

ev

mes

sagi

ng

-On

goin

g w

ith

exp

and

ed e

ffo

rts

as a

dd

itio

nal

reso

urc

es a

re

allo

cate

-On

goin

g

-20

17

-On

goin

g

-20

17

- L

ead

in p

artn

ersh

ip 3

1

Page 32: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

Cre

ativ

e M

arkh

am

A C

rea

tive

Cit

y is

on

e

wh

ere

inn

ova

tio

n,

tech

no

log

y, c

ult

ura

l

div

ersi

ty a

nd

th

e a

rts

fuel

su

cces

sfu

l

ente

rpri

ses.

-M

arkh

am’s

Cu

ltu

re a

nd

Eco

no

mic

Dev

elo

pm

ent

Dep

artm

ents

hav

e

mer

ged

to

fo

rm a

n in

tegr

ated

dep

artm

ent

wit

h a

ims

to b

ette

r

po

siti

on

Mar

kham

as

a d

esti

nat

ion

for

bu

sin

ess

and

inn

ova

tio

n, a

nd

cre

ativ

e

and

cu

ltu

ral e

xpre

ssio

n a

nd

insp

irat

ion

-M

arkh

am’s

pu

blic

art

pro

gram

is

hel

pin

g to

bu

ild a

sen

se o

f p

lace

,

attr

acti

ng

tale

nt

and

bu

sin

ess

-P

riva

te s

ecto

r le

d a

rt in

stal

lati

on

s lik

e

tho

se in

Rem

ingt

on

’s D

ow

nto

wn

Mar

kham

co

ntr

ibu

te t

o t

he

dev

elo

pm

ent

and

dra

w o

f M

arkh

am’s

key

cen

tres

an

d c

orr

ido

rs a

nd

hel

p

pro

mo

te t

he

Cit

y

-Id

enti

fy o

pp

ort

un

itie

s fo

r

pla

cem

akin

g in

est

ablis

hed

bu

sin

ess

area

s w

ith

hig

h

con

cen

trat

ion

of

emp

loym

ent

ie.

Pu

blic

art

, in

ten

sifi

cati

on

, cu

ltu

ral

amen

itie

s

-In

new

dev

elo

pm

ents

su

ch a

s

futu

re u

rban

are

a, s

up

po

rt

inte

grat

ion

of

pu

blic

sp

ace

and

amen

itie

s w

ith

in e

mp

loym

ent

area

s

-Su

pp

ort

Cu

ltu

re in

str

engt

hen

ing

the

role

of

cult

ura

l an

d li

bra

ry

faci

litie

s as

cre

ativ

e h

ub

s an

d

faci

litat

e th

e em

erge

nce

of

“ho

t

spo

ts”

-D

evel

op

a “

Des

tin

atio

n

Mar

kham

” st

rate

gy

-On

goin

g

-On

goin

g

-On

goin

g

-20

17

-Le

ad/P

artn

er

-Su

pp

ort

-Su

pp

ort

-Le

ad/P

artn

er 3

2

Page 33: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

Sust

ain

able

Mar

kham

W

her

e en

viro

nm

enta

l p

olic

ies

an

d p

ract

ices

are

a

mo

ng

th

e m

ost

a

dva

nce

d in

No

rth

A

mer

ica

.

-M

arkh

am C

ou

nci

l en

do

rsed

th

e

Gre

enp

rin

t, M

arkh

am’s

Co

mm

un

ity

Sust

ain

abili

ty P

lan

in 2

01

1. T

he

Sust

ain

abili

ty O

ffic

e is

cu

rren

tly

focu

sed

on

imp

lem

enti

ng

acti

on

s

rela

ted

to

En

ergy

an

d C

limat

e an

d

Foo

d S

ecu

rity

pri

ori

ties

.

-P

rom

ote

fai

r an

d e

thic

al b

usi

nes

s

pra

ctic

es

-En

cou

rage

an

d p

rom

ote

envi

ron

men

tally

su

stai

nab

le

bu

sin

esse

s

-Th

e C

ity

of

Mar

kham

ho

sts

nea

rly

1.9

MW

of

roo

f to

p s

ola

r o

n 9

fac

iliti

es

-M

arkh

am d

evel

op

ing

ou

r M

un

icip

al

Ener

gy P

lan

(M

EP),

wh

ich

is 5

0%

fun

ded

by

the

Pro

vin

ce. O

ur

MEP

is

the

pla

n t

o a

chie

ve n

et z

ero

en

ergy

,

wat

er, w

aste

an

d e

mis

sio

ns

by

20

50

-Su

pp

ort

co

rpo

rate

init

iati

ves

by

par

tici

pat

ing

as a

mem

ber

of

the

Sust

ain

abili

ty C

amp

aign

Ste

erin

g

Co

mm

itte

e

-P

rom

ote

en

viro

nm

enta

l bu

sin

ess

pra

ctic

es/t

ech

no

logi

es

-Ta

rget

kn

ow

led

ge b

ased

bu

sin

esse

s in

clu

din

g cl

ean

tech

com

pan

ies

- O

ngo

ing

-Su

pp

ort

33

Page 34: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Tak

en

Ti

me

line

Le

ad/P

artn

er/

Sup

po

rt

Infr

astr

uct

ure

Mar

kham

Rec

og

niz

ed a

s h

avi

ng

effi

cien

t

infr

ast

ruct

ure

.

-Tr

ansp

ort

atio

n in

fras

tru

ctu

re a

nd

amen

itie

s ar

e im

po

rtan

t to

reta

inin

g an

d a

ttra

ctin

g b

usi

nes

s

and

em

plo

ymen

t

-C

on

stra

ined

su

pp

ly o

f p

rim

e

emp

loym

ent

lan

ds,

su

gges

tin

g

nee

d t

o p

rote

ct a

gain

st f

utu

re

emp

loym

ent

lan

d c

on

vers

ion

s

-C

urr

ent

imb

alan

ce o

f su

pp

ly o

f

job

s ea

st a

nd

wes

t o

f K

enn

edy

Ro

ad

-A

dvo

cate

fo

r en

han

ced

pu

blic

tran

sit

net

wo

rk a

nd

bet

ter

con

nec

tivi

ty (

elim

inat

ion

of

do

ub

le f

are)

-C

on

tin

ue

to c

olla

bo

rate

wit

h Y

ork

Reg

ion

tra

nsi

t to

su

pp

ort

VIV

A

tran

sit,

Met

rolin

x M

ob

ility

Hu

b in

Mar

kham

Cen

tre,

incr

ease

d R

ER

-R

ein

forc

e n

eed

to

pro

tect

rem

ain

ing

emp

loym

ent

lan

ds

acro

ss M

arkh

am a

nd

in p

arti

cula

r,

in e

ast

Mar

kham

fo

r h

igh

qu

alit

y

emp

loym

ent

-Le

vera

ge D

igit

al M

arkh

am

stra

tegy

to

en

gage

/pro

mo

te lo

cal

tech

no

logy

so

luti

on

s ta

rget

ed t

o

solv

ing

city

issu

es s

uch

as

tran

spo

rtat

ion

ch

alle

nge

s ie

.

Gre

en O

wl M

ob

ile, M

arkh

am

bas

ed c

om

pan

y d

evel

op

ed t

raff

ic

mit

igat

ion

pla

tfo

rm, s

har

ing

real

tim

e tr

affi

c an

d r

oad

co

nd

itio

n

info

rmat

ion

-Fa

cilit

ate

the

pla

nn

ing

and

dev

elo

pm

ent

of

the

Futu

re U

rban

Are

a em

plo

ymen

t la

nd

s

-O

ngo

ing

-O

ngo

ing

-O

ngo

ing

-B

egin

nin

g 2

01

7

-Su

pp

ort

34

Page 35: Findings and Recommendations Year Economic Strategy ......The way we traditionally think about the tech sector – as one industry sector among many – understates the fact that many

Stra

tegy

Fo

cus

Sum

mar

y o

f R

evie

w

New

Act

ion

s to

be

Take

n

Tim

elin

e Le

ad/P

artn

er/

Sup

po

rt

He

alth

y M

arkh

am

A c

ity

tha

t is

su

pp

ort

ed

by

qu

alit

y a

cces

s to

hea

lth

ca

re p

rog

ram

s

an

d s

ervi

ces

an

d

act

ive/

hea

lthy

life

styl

e.

-Mar

kham

is t

he

firs

t m

un

icip

alit

y to

be

reco

gniz

ed a

t th

e G

old

leve

l (Le

vel I

V)

for

Org

an

iza

tio

na

l Qu

alit

y &

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lthy

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lace

by

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llen

ce C

anad

a

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e C

ity

of

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kham

inve

sts

in

com

mu

nit

y re

crea

tio

nal

fac

iliti

es a

nd

amen

itie

s th

at p

rom

ote

a h

ealt

hy

and

acti

ve li

fest

yle

for

its

resi

den

ts

- M

arkh

am S

tou

ffvi

lle H

osp

ital

/Co

rnel

l C

om

mu

nit

y C

entr

e &

Lib

rary

co

llab

ora

tio

n:

new

$7

5-m

illio

n c

entr

e is

a

hea

lth

an

d w

elln

ess

cam

pu

s co

nn

ecte

d

to t

he

Mar

kham

Sto

uff

ville

Ho

spit

al a

nd

p

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y, a

ctiv

e lif

esty

le fo

r al

l m

emb

ers

of

the

co

mm

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ity.

inn

ova

tive

w

elln

ess

pro

gram

s w

ill h

elp

bri

dge

th

e ga

p b

etw

een

tre

atm

ent

and

rec

ove

ry

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y p

artn

ers

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h M

arkh

am S

tou

ffvi

lle

Ho

spit

al o

n e

con

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ic d

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as

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rnat

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al m

issi

on

s,

bu

sin

ess

inve

sto

r m

eeti

ngs

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rom

ote

glo

bal

hea

lth

init

iati

ves

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ing

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kham

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uff

ville

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spit

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lth

fo

r

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and

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rk U

niv

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bal

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lth

pro

gram

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pp

ort

co

rpo

rate

init

iati

ves

to

enh

ance

hea

lth

y, a

ctiv

e

lifes

tyle

s

-Su

pp

ort

eff

ort

s to

incr

ease

pu

blic

tra

nsi

t ri

der

ship

th

rou

gh

con

nec

ted

cyc

ling

and

ped

estr

ian

pat

hs

and

net

wo

rks

-Su

pp

ort

MSH

to

dev

elo

p o

nsi

te

inn

ova

tio

n c

amp

us

op

po

rtu

nit

ies

-En

gage

wit

h M

SH o

n C

orn

ell

Co

mm

un

ity

Seco

nd

ary

Pla

n

- O

ngo

ing

-Su

pp

ort

35