presentation to confederation college march 2012
DESCRIPTION
This PPP was presented to students at Confederation College to inform them about employment opportunities being created in the region.TRANSCRIPT
Presentation to Confederation College
Second Annual Confederation College
Student Technology Symposium
March 2, 2012
Presentation Overview
1. The Economy Pre-Recession
2. Transforming the Economy
3. “Back to the Future” Old Economy Meets New Economy
4. Linkage to Western & Northern Canada Supply Chains
5. Waterfront Re-Development
6. Health / Medical / DNA / Information and Communications
Technology (ICT) Cluster
-1-
The Economy Pre-Recession
Countries Dealing With Dramatic Changes!
Globe & Mail & Montreal Gazette
CEDC Strategic Plan
Thunder Bay is Creating
New Economic
Opportunities!
-2-
Transforming the Economy
Economic Shift- Bayview Magazine, Spring 2011
Business… Following Opportunity
• (3) Flights, 2009/2010.
• (5) Flights, 2011.
• Service from “Bay Street” to
Thunder Bay.
• Demand from Mining / Health
Sciences / Education / ICT.
Thunder Bay International Airport
(Passenger Traffic Up >5% for 2011)
Thunder Bay
Building Permits (2000-2011)
-3-
“Back to the Future”
Old Economy Meets New Economy
Northern Ontario – Impact of Commodities
Globe and Mail, November 10, 2010
Satisfying Global demand.
Resource rich Northern Ontario.
Resources needed by China & India.
The Mining Sector
Premier Gold, President Ewan Downie
Resource World Magazine – February 2009
HQ in Thunder Bay.
Star of 2009 PDAC convention (Toronto).
Announced aggressive $15 million exploration
program in 2009.
“Intend to advance Geraldton projects at
accelerated pace”.
The Mining Sector
“The Ring of Fire, PDAC, Toronto, March 2010”
Located 206 miles north of Nakina.
One of Globe’s largest chromium
deposits.
Critical to USA & China.
Back row, left to right: Mackenzie Watson, John Harvey, Richard Nemis
Front row, left to right: Neil Novak, Don Hoy
Infrastructure requires 54 bridges
to be built over 93 streams and
lakes.
Potentially (5) times the economic
impact of Sudbury Basin.
As BIG as the “Manhattan
Project”, WW II.
Anchored by chromium,
customers are USA, China, India.
-4- Linkage to Western & Northern Canada Supply Chains
Stampede! The Rise of the West and Canada’s
New Power Elite
“The West Starts at Wawa”
Gordon Pitts, Guest Speaker, April 30, 2010
“There’s not enough people ready to work in
the oil patch”
Globe Mail, January 21, 2012
Thunder Bay Port Authority
2011 Cargo Statistics:
Total of 7.6 million tonnes
of shipments through port.
Grain remains major port
commodity accounting for
82% of total shipments
(approx. 6.3 million
tonnes).
Coal represents 831,000
tonnes.
389 vessel calls.
Thunder Bay remains
largest grain port and only
potash load point on Great
Lakes.
Potential from dismantling
of Canadian Wheat Board.
New Infrastructure
Direct connections to rail.
Largest export port on Seaway.
Single customs clearance.
No harbour maintenance tax.
Project cargo gateway to the Oilsands.
Liebherr LHM 320 Mobile Harbour Crane.
Oilsands Investment 2010-2035:
$2.1 trillion, 800,000+ new jobs.
“The Outsiders”
Alberta Oil Magazine, March 2011
Serving Alberta & Saskatchewan
-5-
Waterfront Re-Development
“CEDC’s Vision - 2008”
Maximizing Waterfront Expenditures
Create An Education/ICT Cluster
Our “Forks Market”
1
2
4
5
3
Realizing the Vision – 2011: “Green Sprouts”
Fladgate Exploration Consulting Corporation
• In business for 4 years.
• Started in 2007 with 4 employees.
• Grown to 60+ geologists and
mining professionals.
• Workforce from Guatemala, Chile, South
Africa, Ecuador, and Canada.
Realizing the Vision - 2011: “Green Sprouts”
Mongolia Growth Group
• CFA, Chartered Financial Analyst.
• Originally from Thunder Bay.
• Co- founder of Mongolia Growth Group.
• Chose Thunder Bay for its
affordability and educated, loyal labour.
• Chose business location in James
Whalen Building because of its beauty
and history.
-6-
Health / Medical / DNA /
Information and Communications Technology (ICT)
Cluster
Growing Health Sciences/Bioscience/R&D Sectors
Thunder Bay Regional
Health Sciences Centre
Growing Health Sciences/Bioscience/R&D Sectors
• Shroud of Christ, identity of Titanic
baby and unknown WWI soldier
analyzed by TBay DNA research!
• Murder of Candace Derksen solved by
Mitochondrial DNA research expert,
Dr. Amarajit Chahal, Thunder Bay.
• Strong cluster with SunnyBrook/MaRs
innovation. • Tie into Winnipeg/ Minneapolis
Medical Alley.
Tornado Medical Systems Grand Opening
James Whalen Technology Centre (May 11, 2011)
CEO, Dr. Stefan Larson.
Collaboration with CEDC/TBRRI.
40 Careers, Scientists.
Research in prostate, breast and
colorectal cancers.
New Partnership Between TBRHSC and Cancer
Care Ontario (CCO) = More Jobs!
December 12, 2011
• Thunder Bay Regional Health Sciences Centre’s (TBRHSC) Cancer Program has been selected
by Cancer Care Ontario, an agency of the Ontario Government and the Government’s cancer
advisor, to host parts of its Quality Assurance Services Team in Information Technology
Development Services.
• The new partnership will mean new development and software testing opportunities in
information systems to ensure the quality of CCO solutions used within the cancer system. It
will also mean 6 new permanent jobs in Thunder Bay.
Hi-Tech Opportunities
New opportunities in
Medical Device
Development, Software
Development, Healthcare
Informatics and Molecular
Testing.
Information and Communications Technology
(ICT) Conference (November 24, 2011) Partnership between CEDC, Lakehead University and
Confederation College.
4 guest speakers and 90 participants.
Planning underway for upcoming event: date to be
announced.
Conclusion
For more information please contact:
Steve Demmings, CEO
Thunder Bay Community Economic Development Commission (CEDC)
P.O. Box 800
Thunder Bay, Ontario
CANADA P7C 5K4
General Office: 807 625-3960
Toll Free: 1-800-668-9360
Fax: 807 623-3962
Email: [email protected]
Website: www.ThunderBayCEDC.ca