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News and Events
10 Year Growth Surge for Cornwall
Cornwall's economy received another "clean bill of health" with the tabling of the annual "Year in Review" at a recent Team Cornwall meeting. The Year in Review Report was prepared by Cornwall Economic Development and it summarized another year of positive investment across a wide array of sectors.
"Cornwall's economy grew for the 10th year in a row", said Mark Boileau, Manager of Cornwall Economic Development. "Companies have expanded, reinvested in new machinery, trained staff, and have penetrated new markets. Tourism has been strong and the City is increasingly being considered as a new home for young families and recent retirees".
"We congratulate and salute all of the Cornwall businesses and residents who have had a successful 2007", said Mayor Bob Kilger. "Cornwall is turning heads in Toronto, Montreal and Ottawa and more and more people are becoming interested in what we have to offer".
The detailed report had some interesting highlights, including the fact that unemployment remains at or below national and provincial levels. Building permit activity remained strong at over $38 million dollars.
Here are some additional highlights:
- Benson Organization increases size of its Distribution Centre to 145,000 sq.ft, and increased its workforce by 75 people
- St. Joseph's opens $34 million new complex continuing care centre
- McConnell Manor creates 118 new appartments for seniors, representing an investment of $18.5 million
- Canlyte invests $4 million in new machinery and expand workforce
- Seaway Express invests $600,000 in new facilities and trailers
- Johns Manville takes on new Easyboard product line and expand workforce
- Cornwall's newest company Liquiforce holds job fair
- American Standard expands as it takes on production formerly done in Mexico
- BTB Real Estate Trust invests $15 million in acquisition of several industrial properties
- Farm Boy starts $1 million renovation of Cornwall store
- Delaney establishes Ottawa-Cornwall commuter service
- City of Cornwall completes $7.3 reconstruction and widening of Brookdale Ave.
- Service Canada announces 40 new jobs
- $8 million retrofit of R.H. Saunders Generation Plant
- RCMP move forward on regional headquarters
- Lift-Off Festival contributes $3 million to local economy, sports and conventions add another $10 million
- National championsip RBC Cup set to go for May 2008
- City launches new brand and website (www.ChooseCornwall.ca)
- Canadian Business magazine ranks Cornwall as one of the best 100 cities in which to live
- Cornwall consistently ranks among top 10 in Ontario in air quality
"The Year-in-Review Meeting is always our most popular meeting of the year", said Gilles Latour, Chair of Team Cornwall. "Each report for the last 10 years has been very positive, which re-energizes our Team Cornwall ambassadors as they work to promote growth of our City."
Mr. Latour also recapped several major accomplishments for Team Cornwall, including a successful Job Creation Partnership with Employment Ontario that saw new marketing materials created and seven people find employment. Team Cornwall was also busy helping raise Cornwall's profile with Hockeyville, Lift-Off and the RBC Cup, in addition to partnering with the City's Economic Development Department on a number of projects.
Team Cornwall also unveiled a new tractor trailer that will carry a billboard promoting Cornwall as it travels throughout Eastern Canada. Featuring a large picture of Mayor Bob Kilger and several Team Cornwall members, the trailer ad encourages people to "Choose Cornwall". The trailer was parked outside of Galaxy Cinemas and greeted the approximately 250 community leaders who attended the meeting. The truck is one of 3 that will carry ads promoting the City, and represents a partnership between Team Cornwall, Cornwall Economic Development and Seaway Express.
"Team Cornwall celebrated its 10th anniversary at the beginning of this year as well", said Mr. Latour. "Today we welcomed 20 new members and the future for the next 10 years looks even brighter."
Team Cornwall is a group of 300 business and community leaders that act as good will ambassadors for the City of Cornwall. Team Cornwall members spread the word about Cornwall's positive attributes as a city in which to live and do business, using their own networks to deliver timely information about the community and growing our city's economic development opportunities.
A copy of the Year in Review report is available by clicking on the following link:
Cornwall is a city of 47,000 people, situated along the St. Lawrence River and Highway 401. One of Canada�s oldest settlements (established 1784), Cornwall today is a progressive, family oriented centre, sustained by a growing, multi-faceted economy that features affordable housing and a diversity of commercial businesses and industries.
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