The Town of Caledon marks National Economic Development Week from May 6-11 to celebrate the contributions of positive economic development to the community.
On May 7, Mayor Thompson and members of council raised a flag at Town Hall to mark the week.
“With our close proximity to major markets, ready access to transportation networks and an enviable quality of life, Caledon is well poised to continue growing sustainably,” said Thompson. “With prudent budgeting and thoughtful zoning our approach to economic development has helped build a fiscally responsible environment that supports business investment both large and small.”
Economic development includes policies and programs explicitly directed at improving the business climate through specific efforts, business finance, marketing, neighborhood development, business retention and expansion, technology transfer, real estate development and others.
Caledon has welcomed major new investments from companies such as UPS Canada, Amazon, MARS, and Canadian Tire. A similar slate of good news has been happening at the small business level, with the arrival of a steady stream of new business to Caledon, including Mamma’s Shack, Caramel Café, Family Tree Childcare, Fencor Contracting, Tijoris Home, and Freshii.
“Economic Development Week is an opportunity to celebrate the entrepreneurs starting new businesses here as well as the current business owners who provide jobs for residents,” said Ben Roberts, Manager of Business Development, Tourism and Culture. “It’s also a chance to invite investors and local business owners to reach out to us, in person or at caledon.ca/business, to learn more about out programs and services.”
The Town of Caledon Economic Development Office offers a number of programs and services, from Community Improvement Plans (CIPs) that provide financial incentives for downtown or village businesses to renovate, to in-person advice to start-ups through the Caledon Business Innovation Zone.