Ontario identifies site in St. Thomas, and Central Elgin as a suitable investment-ready mega site

Job site Challenge city of St. Thomas. Twitter page of Brian J Baum

St. Thomas /CMEDIA: A legislation has been introduced by the Ontario government that if passed, will strengthen Ontario’s competitiveness by consolidating a new investment-ready mega site in St. Thomas, a news release has said.

Building on the province’s efforts during the Job Site Challenge designed to attract large-scale advanced manufacturing investments, the proposed legislation would have the potential to create hundreds of new jobs across the province.

“Our government is leaving no stone unturned in our efforts to attract new investments that will create more good-paying jobs and strengthen the economy…Creating more shovel-ready mega sites will help Ontario remain competitive as the province competes for major global investments,” Vic Fedeli, Minister of Economic Development, Job Creation and Trade has said.

A critical factor for securing new investment opportunities is having suitable industrial sites ready for companies to build on.

As part of the initiave of Job Site Challenge by Ontario in November 2019 to create an inventory of investment-ready mega sites, municipalities, economic development agencies and industrial property owners had put forward large tracts of land of between 500 and 1,500 acres that could support large-scale manufacturing operations.

A site in St. Thomas and Central Elgin that is approximately 1,500 acres has been identified as one of the most investment-ready mega sites in Ontario.

“Our government is taking concrete action to build on our record of attracting jobs and investment…are taking a collaborative approach across government and with our municipal partners to cut red tape and ensure the benefits of economic growth are enjoyed across the province, “said Steve Clark, Minister of Municipal Affairs and Housing.

#Ontario; #JobsiteChallenge