On Our Way to Endless Opportunity On Our Way to Endless Opportunity | Page 2

Executive Summary Background The Onoway and Lac Ste. Anne County Partnership was initiated in 2016 between the Town of Onoway and Lac Ste. Anne County to take advantage of working together to enhance economic development opportunities in the region. In 2018, the Partnership formed a Steering Committee to create an economic development roadmap to help to support business development within the region. Economic Development Roadmap The following Economic Development Roadmap is based on broad community input, including on-line surveys, one-on-one meetings with business leaders, presentations and input from business associations and community organizations and planning sessions with elected officials in the partnership communities. This input was then verified through an open house where participants confirmed (or amended) the research obtained through the public consultation process. Taking all the information gathered from the surveys, business visits and meetings with Council and staff, four key themes emerged that encompass the challenges that were identified. Relationships. Council and administration were keen on improving regional cooperation. However, relationships can go farther than that. It is also important to develop good working relationships with business and industry within the region, as well as to enhance the relationships within municipal offices and between the various departments to ensure economic development has a voice. Rules & Regulations. Some felt that the rules and regulations were not applied equally and fairly, and some of the overarching planning documents could use input from an economic development perspective to enhance an “open for business” message. Promotion. Many felt that the Onoway/ Lac Ste. Anne Region was the province’s “best kept secret.” Many were not aware of the exciting business ventures that were already underway, and the potential for many more exciting announcements in the near future. Infrastructure. Before any economic development can succeed, the region needs the appropriate infrastructure. The region is blessed with excellent highway infrastructure, but requires improved internet capabilities, and shovel ready land to accommodate any new development. 2 | On Our Way to Endless Opportunity: An Economic Roadmap Based on the public engagement themes, there are fourteen basic actions that we recommend the Partnership undertake in the next three years: Year One 1. Create a communications strategy to promote and communicate the economic development plan 2. Know and understand the local business community while making the most of your regional partnerships 3. Implement business-friendly policies and procedures 4. Designate a single point of economic development contact 5. Support local business organizations 6. Create a business start-up kit 7. Promote entrepreneurship development and training opportunities 8. Create a regional business directory so that residents and other businesses can source goods and services locally Year Two 9. Create a business-oriented web site to market the advantages of the region 10. Identify shovel-ready development opportunities that provide a spectrum of land and development opportunities for a range of business sizes and types 11. Advocate for high speed internet and promote existing infrastructure Year Three 12. Host a tour of the region to showcase the activity, amenities and possible growth opportunities to realtors, land developers and investors 13. Promote value-added diversified agriculture 14. Promote tourism opportunities to residents and visitors