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Sunday, October 8, 2017

Bruce Power Economic Boom

Saugeen Shores | by John Divinski  

Officials say they have secured 9 major suppliers in the area in just over a year

It was a year ago, in September 2016, that Bruce County and Bruce Power launched the Nuclear Economic Development and Innovation Initiative.

It was part of the pending Bruce Power Life Extension program which is getting ready to start in ernest in 2020 and last for decades.

In her annual report to Saugeen Shores Committee of the Whole, Bruce County Business Investment Specialist with the energy sector, Stellina Williams, says the program has progressed beyond their goals.

Williams says "We have secured 9 major suppliers in the area.  Two or three was hopeful, a year ago."

She says all partners bought into the plan early in the process, including municipalities and development communities.

Williams says Saugeen Shores has stepped up to the plate and it shows with several Bruce Power suppliers such as Rolls Royce and SNC Lavalin, setting up offices in the municipality.

Williams says they continue to work with suppliers on expansion opportunities with many of the 27 suppliers yet to make decisions on relocation.

Mayor Mike Smith is not surprised by the progress.

He says they've put a lot of effort into "being ready" for the suppliers, not only in office space but in living spaces for those that will fill those offices.

Williams says they predict over 120 jobs over the next five years will be created in the region by the 9 suppliers already here.

Mayor Smith says his municipality has already created the infrastructure needed to take the community, 20-years into the future.

Williams says the next update on how their program is working will come November 7th at the Economic Development and Innovation Summit.

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