Powering our future

an economy that empowers us

Contribute to a sustainable, creative and smart local economy that is connected to regional and global markets and supports shared prosperity for everyone.

Key performance indicators

Number of new circular businesses and collaborations

Target

Increase; 50 new businesses and collaborations by 2025

Results

2020: 17

Notes

Per cent of businesses reporting Guelph as a good place to do business

Target

Baseline year

Results

2014: 83%

2016: 82%

Notes

These data are based on small sample sizes (2016; n=39 & 2014;n=52) and do not reflect the current economic conditions. A new employment survey will be conducted in 2021.

Strategic initiatives

Formalize the Workforce Development Partnership component of the City’s Economic Development Strategy

Focus area

Support businesses as they adapt to changing workforce needs

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green
Tourism and Culture Rebuild and Museum and Culture planning

Focus area

Help businesses to succeed and add value to the community

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green
Implement fibre optic network initiative

Focus area

Help businesses to succeed and add value to the community

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green
Develop and implement new Economic Development and Tourism Strategy

Focus area

Help businesses to succeed and add value to the community

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green
Implement Our Food Future circular economy 5 -year initiative & associated applicable elements of the Grow Back Better recovery 10 point plan to provide immediate support to three core priorities in our local food economy.

Focus area

Accelerate Guelph's innovation economy through partnerships

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green
Implement the City of Guelph Innovation Work Plan

Focus area

Accelerate Guelph's innovation economy through partnerships

Scope status

Yellow
Yellow
Yellow
Yellow

Schedule status

Yellow
Yellow
Yellow
Yellow

Budget status

Green
Green
Yellow
Green

COVID-19 impacted the pace at which staff could move these initiatives forward, a plan is in place to return to green in the 3rd and 4th quarter 2021.

Formalize the Grow Guelph Partnership initiative

Focus area

Accelerate Guelph's innovation economy through partnerships

Scope status

Green
Green
Green
Green

Schedule status

Green
Green
Green
Green

Budget status

Green
Green
Green
Green

2020 highlights

Getting ready to grow (more)

In 2020 Guelph City Council endorsed the vision and principles for Shaping Guelph – Guelph’s Official Plan. The vision and principles are based on community input, and will inform the City’s growth management strategy for the next 20 years.

Getting ready to grow (more)

Getting Guelph back to work

During the pandemic, the City helped local businesses find financial support, health and safety information and equipment to keep people working, and safe.

Getting Guelph back to work

Proposed budgets for Powering our future

Capital budget

$1.50M
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Operating budget

$8.13M
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Total budget requests

$134.5K
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