Economic Advisory Committee

Economic Advisory Committee

The new Committee will replace the Business Recovery Task Force and include local business owners and entrepreneurs to help stay informed about Town initiatives, identify priority action items, and be responsible for guidance on actions items identified by the BR&E Study.

THE CORPORATION OF THE TOWN OF PENETANGUISHENE

APPENDIX “D1” 

Economic Advisory Committee

Economic Advisory Committee Membership

Members of the local business and entrepreneur community (number not specified to encourage participation)

One (1) Council representative (designated by the Mayor and ratified by Council).

Staff Resources – Director of Planning and Community Development. Membership from the local businesses and entrepreneur community will be based on membership interest. The Committee shall encourage business membership based on business sector representation in the Town.

Business Sector Representation (%)
Natural Resources and Utilities 1.7
Construction 14.5
Manufacturing 2.8
Wholesale trade 1.8
Retail trade 9.4
Transportation and warehousing 4.2
Finance and insurance 6.2
Real estate and rental and leasing 20.7

Professional, scientific and technical services 9.6
Educational and cultural services 1.5
Health care and social assistance 10.6
Arts, entertainment and recreation 2.8
Accommodation and food services 3.4
Administration, management of companies, and other services 11.2

External agencies such as the North Simcoe Community Futures Development Corporation, the Southern Georgian Bay Chamber of Commerce, the Economic Development Corporation of North Simcoe, and the County of Simcoe will be engaged with the Committee as appropriate.

Committee Mandate

The Economic Advisory Committee is an advisory committee reporting to the Planning & Community Development Section of Council.

The mandate for Economic Advisory Committee is: The objectives of the Economic Advisory Committee are to:

  • Inform businesses of funding available for business improvements;
  • Identify priorities to promote business development and retention;
  • Provide recommendations for future Town programs and initiatives;
  • Assist in the implementation of action items identified in the BR&E Study;
  • Report findings back to Council periodically or when needed.

Chair and Vice Chair

The Chair and the Vice Chair shall be elected from the members on the Committee.  The Vice Chair serves as Chair at the meetings in the absence of the Chair.    The Chair acts as the Presiding Officer at the meetings.

Delegated Authority

The Economic Advisory Committee is an advisory body only.

The Economic Advisory Committee may incur expenditures to the extent provided in the annual approved budget.  All purchases shall be preauthorized by the Director of Planning and Community Development and approved in accordance with the Town’s Procurement By-law.

The Committee shall receive items for information, discuss trails-related matters or make recommendations to Council.

Meetings

The frequency of the meetings shall be quarterly with additional meetings held at the call of the Director of Planning and Community Development or Chair. 

The Director of Planning and Community Development may revise the regular meeting schedule in consultation with the Chair.

Agendas

Agendas shall be made available a minimum of twenty-four hours in advance of the meeting to the Members and on the Town Website.  The Director of Planning and Community Development and Chair shall determine the content of the agendas.

Quorum

Quorum shall consist of five (5) members of the Committee.

Work Plan

The Economic Advisory Committee operations and activities are directed by the Advisory Committee’s annual work plan, which is approved by Council.

Agent of the Municipality

In carrying out its Mandate, the Economic Advisory Committee may act as an agent of the Town of Penetanguishene while acting bona fide within the limits of the authority of the Town.  No member shall incur any personal liability by reason of their participation on the Advisory Committee acting within the scope of its mandate.  Nothing in the Mandate of the Advisory Committee authorizes or empowers the Committee to incur any debt, liability, or obligation for which the Town may become liable without having previously obtained the consent of Council.

The Advisory Committee operations shall meet municipal, provincial, and federal legislative requirements that have a bearing on their operation and activities.

Joining a Committee 

The Town of Penetanguishene relies on its citizens to volunteer their time and expertise by serving on various boards and committees. If you are interested in applying to be a part of a committee, please fill out the application form below, and submit it to the Municipal Clerk. 

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