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New ideas will look different than old Ideas'

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The Care Capital of Canada project aims to attract the corporate offices and/or ... Anglican Church of Canada Toronto. The United Church of Canada Toronto ... – PowerPoint PPT presentation

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Title: New ideas will look different than old Ideas'


1
New ideas will look different than old Ideas. And
its the new ideas that will change our community.
Zieroth?Wolfe
2
Thunder Bay The Care Capital of Canada
  • An Economic Development Plan

3
Objective
  • The Care Capital of Canada project aims to
    attract the corporate offices and/or
    administrative offices, of not-for-profit (NFP)
    corporations to Thunder Bay. 

4
Why target NFP organizations
  • Size and Growth of The NFP Sector
  • NFP Economic activity increased 7.6 per
    cent between 1997 and 2003 where GDP was at 5.6
    per cent
  • 7.1 GDP or 80.3 billion
  • (Take out Universities and Hospitals and the not
    for profit sector is still twice the size of the
    agricultural industry and larger than the
    accommodation and food services industry in
    Canada)

5
Why target NFP organizations
  • Diversification of the local economy
  • Market saturation
  • Overlooked market
  • Employee payrolls
  • A knowledge base economy
  • Not dependant on cost of electricity
  • Difficult to outsource outside of Canada

6
Why locate NFP headquarters in Thunder Bay
  • Lower Administration Costs
  • The 80/20 squeeze
  • Retiring Boomers will increase stress on
    charities (TD special Economic Report Nov 22,
    2006)
  • Leasing
  • Employment

7
Why locate NFP headquarters in Thunder Bay
  • NFP Experience Employment Issues
  • Recruitment and retention
  • Employee turnover
  • Competition with private and public sector (NFP
    employees are paid 2-4 less per hour than
    private sector)
  • Thunder Offers
  • Attractive quality of life
  • Competitive salaries
  • Dollar goes farther for employees
  • Stable housing market

8
Why locate NFP headquarters in Thunder Bay
  • Recent Examples of NFPs that experienced
    administration issues
  • Canadian National Institute for the Blind
  • Mothers against Drunk Driving
  • Canadian Lung Association

9
Thunder Bay Benefits to NFPS
  • International Airport
  • University and College
  • Short commute times
  • East meets west geographically neutral
  • Multiple recreational opportunities
  • Functional pace of life
  • Strong community engagement
  • Land and lease opportunities

10
Comparable U.S Example
  • Compassion International
  • Focus on the Family (relocated from L.A.)
  • Young Life
  • The Navigators
  • Christian and Missionary Alliance (relocated from
    NYC)
  • (Charities in Colorado Springs are the Fastest
    Growing in the U.S Charity Navigator 2007)

Colorado Springs, Colorado
11
Comparable U.S Example
  • Compassion International
  • 456 employees
  • 16 million payroll

Compassion International Headquarters
12
Canadian NFP Examples
  • Faith Based
  • The Christian and Missionary Alliance of Canada
    Toronto
  • The Pentecostal Assemblies of Canada
    Mississauga
  • Anglican Church of Canada Toronto
  • The United Church of Canada Toronto
  • The Salvation Army In Canada Toronto
  • Intervarsity Christian Fellowship Toronto
  • World Vision Canada- Mississauga
  • World Relief in Canada Markham
  • Canadian Bible Society Toronto

13
Canadian NFP Examples
  • Charitable Societies and Associations
  • Canadian Cancer Society - Toronto
  • Canadian Diabetes Association Toronto
  • Canadian National Institute for the Blind
    Toronto
  • The Arthritis Society Toronto
  • Parkinson Society of Canada Toronto
  • The Canadian Lung Association Ottawa
  • The Canadian Aids Society Toronto
  • The Canadian Association for Community Living
    Toronto

14
Canadian NFP Examples
  • Relief Charities
  • Foster Parents Plan Toronto
  • Care Canada Ottawa
  • UNICEF Toronto
  • Childrens Aid Foundation Toronto
  • Christian Childrens Fund Toronto

15
Canadian NFP Examples
  • Other Examples
  • Amnesty International Ottawa
  • Canadian Association of Food Banks Toronto
  • Canadian Federation of Humane Societies Ottawa
  • Oxfam Canada Toronto
  • Save the Children Canada Toronto

16
"Everyone wants economic growth, but nobody wants
change. Unfortunately, you cannot have one
without the other, especially when the playing
field shifts as dramatic as it has since the year
2000." Thomas L. Friedman, The World is Flat,
page 425
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