You know a Federal election is nearing when the local MP comes to town handing out cheques. While some of us may not be too keen on going to the polls yet again, it’s still awfully nice to see higher levels of government inject some cash into financially-strapped municipalities that are continually having to juggle property tax dollars.
Such was the case on September 10th when Simcoe Grey MP, Helene Guergis handed the Town of Collingwood a cheque for $1.5 million from the Community Adjustment Fund toward water and sewer infrastructure costs for the new Eden Oak Industrial Park to be developed on Poplar Side Road.
Every community wants to expand it’s employment base and for Collingwood, the proposed new 136-acre park is sure to attract new opportunities for job creation to the area. According to the Economic Development department, over 37% of Collingwood’s labour force comes from outside of the town so this is good news for all area communities as well. In addition, the presence of new industries in the area, will improve the tax base captured outside of the residential market which is good news for homeowners as well.
It is now hoped that these funds will be able to speed up the towns work on bringing servicing to the site resulting in a first phase of 50 acres being ready by next spring. With this funding announcement combined with the developers contribution to the costs, taxpayers will shoulder only about $100,000 in expenses. Not a bad deal if you ask me.
On the matter of jobs, I’ve noticed a distinct increase in the number of job vacancies being advertised in the area. Many are entry level or low-paying jobs but some are not. Hopefully the new industrial park will attract upstart, high-tech, knowledge based, clean industries with fair-wage jobs to replace the many lost in our community over the last decade or so. Meanwhile, self-employment continues to be a major sector of the local economies as the population continues to grow and opportunities are numerous.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg