A town in Ontario, Canada is seeking a qualified vendor to develop a comprehensive five-year economic development strategy. The selected vendor will be responsible for creating a clear and actionable plan, complete with practical recommendations and measurable action items to guide decision-making over the next five years.

Key objectives for the strategy include defining the vision, goals, and objectives for the town's economic development efforts in line with council priorities and the diverse needs of the local community and industries. The project will involve identifying both existing key sectors and emerging industries the town should target, conducting a thorough assessment of local economic assets, and determining current as well as future economic priorities.

In addition, the successful vendor will perform a workforce analysis and carry out a comparative scan of similar municipalities to identify strategic opportunities. This initiative aims to provide a detailed roadmap for fostering economic growth and supporting the town’s ongoing prosperity.