The Welland Tribune

Economic summit aims at building prosperity

- Mishka Balsom is the CEO and President of the Greater Niagara Chamber of Commerce (GNCC). MISHKA BALSOM

On Oct. 26, the Greater Niagara Chamber of Commerce (GNCC) will host the 6th annual Niagara Economic Summit.

Previous summits looked at answering controvers­ial questions around job market myths, the skills gap, and our infrastruc­ture and public transit.

The summit is a key driver for Niagara initiative­s. The event not only highlights concerns, but brings forward solutions. As a result of our conversati­ons on the skills gap and the job market, the GNCC headed a consortium of Niagara organizati­ons to form Linking Niagara, which connects employers with government programs to help them hire and train. Our discussion around public transit highlighte­d a need for a unified transit system for Niagara, which is becoming a reality as municipal government­s across the region work to implement it.

What is highlighte­d in the summit today becomes the policy for tomorrow.

This year’s summit focuses on that tomorrow. Niagara must be forward-thinking. We must plan for not only where we want to be at the end of our next strategic plan, or our next election cycle, but for where we want to be in years or even decades. We need to build a Niagara that will be prosperous not just for the next few years, but for the next few generation­s. A time of reflection on the last 150 years of our history is the perfect time to think about what we want the next 150 to look like.

The summit is divided into three sessions. At the first, entitled “Accelerati­ng Innovation for Jobs and Growth,” a power talk delivered by IBM Canada’s director of corporate citizenshi­p and corporate affairs Dave Robitaille will set the stage for a wide-ranging discussion on the future of innovation and the advances that Niagara needs to work on now to be prepared for the future.

With all eyes on our neighbour south of the border and the future of our trading relationsh­ip, the second session is on internatio­nal trade in an uncertain time, at which a delegate from the Ministry of Internatio­nal Trade will address the audience and then join a panel of experts on the future of our trading relationsh­ip. As a key export region for wine, auto parts, and tourism, Niagara needs to be ahead of the curve on this question.

Finally, our last session looks at transforma­tional change and the upheavals that will come in the next 150 years. Our power talk will be delivered by Len Diplock, senior vice-president of strategy at Canada Post – an organizati­on that has weathered and adapted to tremendous changes over the last 150 years. He will be joined by some of Niagara’s leading thinkers and innovators to explore what long-term direction Niagara should be taking.

In recognitio­n of Niagara’s dependence upon the larger economies in which it is situated, we will also be joined for a special update at the provincial and federal levels by Karl Baldauf, vicepresid­ent of policy and government relations at the Ontario Chamber of Commerce, and by Hendrik Brakel, senior director of economic, financial and tax policy at the Canadian Chamber of Commerce.

For more informatio­n, visit gncc.ca or http://www.gncc.ca/ economicsu­mmit/ or call us at 905-684-2362.

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