You’re probably feeling excited. It’s Manufacturing Month and that means that there’s a lot of activity around our industry. Interest in the manufacturing sector is concentrated in this one month, and for thirty-one days you can feel like the star of the show. But we all know this month has to come to an end, and when it does things will go back to normal. Getting new potential investors interested in the industry is harder without all the initiatives that are reserved for Manufacturing Month.
If there were a way to keep the momentum and excitement from Manufacturing Month going all year long, you’d like to know it. Here are some ideas we’ve thought up to help attract investment and guide investors into a state of manufacturing excitement all year long.Continue the manufacturing party all year round by continuing what you do so well during Manufacturing Month: showing off the quality of life in your economic region. The cost of living in big city centres like Toronto is rising. The average cost of a detached home in Toronto is well over a million dollars.
Show potential employees that eastern Ontario is a less expensive place to live, with plenty of job opportunities and all of the same amenities they’re used to, and it will be easy for them to see why moving to or staying in eastern Ontario is an excellent choice. Convincing employees to relocate will help soothe investors’ concerns about future talent supplies in your region.
A good point to remind potential investors of is that eastern Ontario is already a manufacturing hub. So many resources exist to help manufacturers, and to help manufacturers connect with job seekers. Initiatives like the EOMWDP (Eastern Ontario Manufacturing Workforce Development Project) help manufacturers in the region succeed, which contributes greatly to the success of the provincial and national economies, making investment in eastern Ontario’s manufacturing industry the safest of bets.
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