Community Economic Development
The CDC undertakes a limited number of community economic development initiatives of strategic economic development importance to the community. The CDC works closely with partners in both the public and private sectors to plan, initiate, facilitate, manage and administer projects to create sustainable jobs.
In an effort to focus attention on community economic development activities which best serve the CDCs mandate, a set of criteria was developed by the Corporation. These criteria are designed to assist in the decision-making process.
Creates short and/or long-term jobs;
Creates or sustains community infrastructure;
Potential to lever outside funds; and
Does not compromise the implementation of the strategic plan.
Is not adequately being done by other organizations;
Meets a need or provides a needed service;
Benefits (economic and non-economic) exceed costs;
Can be turned over to other parties at the appropriate point in time; and
Has an implementation horizon of up to one year.
The CDC provides the following services for community development activities:
Facilitating, co-ordinating and liaison for projects/issues
Project and program management and administration
Policy analysis and development
Research and report writing
Public consultation and community economic development information services
Local Initiatives Fund
up to a $5,000 contribution to not-for-profit charitable organizations.
To see examples of the kind of CED work the CDC gets involved with, check out our CDC Fact Sheet
Other CED initiatives and partnerships the CDC is involved with include:
Strategic Planning & Labour Force Development
Sault Ste. Marie Destiny Sault Ste. Marie (Economic Diversification Strategy Partner)
Community Quality Initiative (CQI)
Algoma Workforce Development Group (Partner)
Sault Ste. Marie Economic Development Corporation (SSMEDC)
Sault Ste. Marie Chamber of Commerce (SSMCOC) (member)
CFDC Superior East affiliate
CFDC East Algoma affiliate
Community Access Program (CAP) sites
Exporting Initiative (partner)
Algoma Regional & Area Trails Study
Tourism Sault Ste. Marie