Stony Plain launches Economic Development Strategy and Action Plan

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Stony Plain is continuing to increase and prosper economically.

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Stony Plain Administration presented the new Economic Advancement Technique and Motion Prepare to Stony Plain Council in the course of their Apr. 8 council meeting.

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“Today marks an important milestone in our journey for economic improvement,” reported Michelle Levasseur, Financial Growth Officer. “This will tutorial our endeavours in fostering advancement, prosperity, and resilience in our vibrant community.”

By means of analysis and discussion, as nicely as the support from Patricia Huntsman Culture and Communications, the Town of Stony Basic begun building an updated Economic Enhancement Technique and Action Plan focused on emerging traits, diversifying economic improvement opportunities and sectors, as very well as outlining critical initiatives to help companies and group customers. With this prepare, the City of Stony Plain’s plans include things like but are not confined to producing new positions, sustaining existing positions, and aligning financial progress with the growth system and crucial tasks these types of as the Highway Development Approach.

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“The undertaking formally started in June 2023 with the engagement of Patricia Huntsman and her crew,” mentioned Levasseur. “They quickly began reviewing the Highway Progress Approach and conducting supplemental investigation and analysis of other strategies and areas that would affect and lead to the technique.”

4 important sessions have been held with residents, companies, industry groups, and inner stakeholders.

“Working carefully with Patricia’s workforce, we analyzed and validated the enter received and study gathered. The fruits of this hard work resulted in the draft Economic Enhancement System and Action System,” discussed Levasseur.

With the do the job of these stakeholders and all the enter gained, the critical engagement themes ended up that the city would profit from heightened presence to go after financial chances proficiently which highlights the have to have for proactive engagement and visibility. Other key engagement themes contain many features focused on the equilibrium among economic growth and high-quality of daily life, such as arts, society, and recreation.

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Yet another vital engagement theme revolves around the strengthening of company interactions and attracting added investments by boosting the abilities of the economic enterprise progress device, with stakeholders reiterating that economic improvement is demanded and a important ingredient of community making to boost good quality of everyday living in Stony Plain.

“Throughout the advancement of this system, a single fundamental tone resonated strongly, that remaining the vital of currently being future completely ready.” Levasseur stated. “This encompasses our dedication to foresee and adapt to emerging traits, making certain that Stony Basic continues to be agile and resilient in a rapidly evolving landscape.”

The eyesight is clearly stated, ‘Stony Simple is an equitable and interesting vacation spot, exactly where everybody actively enjoys the benefits of financial chances, making a flourishing and inclusive community’. Values linked with this new strategic plan involve remaining long run-prepared, unforgettable, bold, a reliable husband or wife, agile, and resilient.

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The 4 strategic priorities outlined in the strategy incorporate creating an desirable, investment decision, and potential-prepared neighborhood, bolstering strategic partnerships and collaborations, improving the regional organization ecosystem, and optimizing municipal providers.

The to start with priority, generating an eye-catching, financial investment, and long term-ready neighborhood, has the established objectives of a one particular-12 months provide of strategically managed, enhancement-prepared non-residential land in Stony Basic, an goal to elevate the Stony Plain model domestically, provincially, and nationally through strategic online and offline initiatives, and market place and talk Stony Plain’s focus on sectors by strategic initiatives.

Bolstering strategic partnerships and collaborations, the future priority, has targets not limited to cultivating, developing, and keeping key stakeholder partnerships to bolster Stony Plain’s financial enhancement, creating absolutely sure financial reconciliation pathways are recognized and guided by Indigenous peoples, and continuing to be a strategic collaborator within just the Tri-Municipal Area with distinctive and aggressive positioning

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The 3rd precedence, maximizing the local company ecosystem, is to be achieved by way of the goals strengthening community business collaboration and boosting support providers, utilizing Detailed Company Retention and Expansion Programming, and supporting changeover to the subsequent generation of business proprietors and buyers.

Last but not least, the objectives to assistance the ultimate priority, optimizing municipal companies, consists of building confident inside situations are additional formulated and enhanced to enable economic development prosper, guaranteeing organizational practices, capacity, and workload are optimized, and boosting and obviously speaking Stony Plain’s development requirements to prospective market.

“The Economic Development Technique and Action Program replicate our collective vision for Stony Plain’s long term. It lays the basis for sustainable advancement, occupation generation, and increased top quality of everyday living for our people,” said Mayor William Choy.

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