Title: New ideas will look different than old Ideas'
1New ideas will look different than old Ideas. And
its the new ideas that will change our community.
Zieroth?Wolfe
2Thunder Bay The Care Capital of Canada
- An Economic Development Plan
3Objective
- 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.
4Why 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)
5Why 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
6Why 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
7Why 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
8Why 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
-
9Thunder 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
10Comparable 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
11Comparable U.S Example
- Compassion International
- 456 employees
- 16 million payroll
Compassion International Headquarters
12Canadian 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
13Canadian 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
14Canadian NFP Examples
- Relief Charities
- Foster Parents Plan Toronto
- Care Canada Ottawa
- UNICEF Toronto
- Childrens Aid Foundation Toronto
- Christian Childrens Fund Toronto
15Canadian 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