Title
Economic Growth Update
Proposed Motion
That the Economic Growth Update be received for information, as presented.
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
To provide the Governance and Priorities Committee with an update on recent Economic Growth activities, partnerships, programs, and initiatives presented.
Summary
Administration continues to support sustainable economic growth through coordinated initiatives that promote long term resilience and responsible development. Current activities emphasize balanced economic advancement that aligns with community needs, supports local prosperity, and strengthens collaboration with stakeholders. These efforts contribute to positive community impact while advancing Council’s strategic direction for sustainable growth.
Strategic Plan/Policy/Legal/Staff Implications
The economic growth activities detailed within this report support the 2022-2025 Strategic Plan pillar of Strategic Economic Diversification by advancing initiatives that strengthen business attraction, retention and expansion; enhance regional and institutional partnerships; increase investment readiness; promote tourism and destination development; and support the long-term economic resilience and diversification of Parkland County. These actions contribute to sustaining economic growth, expanding the municipal assessment base, and creating opportunities for residents and businesses throughout the County.
Financial Impact:
Cost: 0.00
Source of Funding: n/a