Residents will get an update Wednesday morning on what’s been accomplished since Council approved a new economic strategy for London.
The Community Economic Road Map was unveiled at around this time last year, and identified five priorities for creating jobs and growing the economy.
Those included cultivating an entrepreneurial network, finding opportunities for health-care advancements, encouraging more downtown development, ensuring a top-quality workforce, and creating a healthy business environment.
The previous Council set aside $90,000 to hire a consultant from a Toronto firm to create the strategy with a group of local business leaders.
The update on Wednesday will reveal what’s been accomplished so far. We know staff have put together action committees to help implement the recommendations.
At one point, they were criticized by Ward 4 Councillor Jesse Helmer, who felt they lacked diversity.
We’ll also hear about how the local economy is fairing, and the plan ahead for the next four years. A panel discussion is also scheduled with leaders from all five economic priorities.
While some have praised the road map as an opportunity to build on London’s strengths, others including Councillor Phil Squire have questioned whether it was really necessary.
The event at the London Convention Centre is scheduled to run from 7:30a.m. until 10a.m.