Town of Milton Council Chambers, 2019
The Town of Milton says Council has endorsed a new Economic Development Strategy.
The endorsement came on Monday, February 28th at the latest Town Council meeting. The new strategy identifies the building blocks of economic development work the Town plans to do over the next five years.
The Strategy provides Council and staff with a strategic planning framework to continue to drive economic growth and long-term prosperity, advance an innovative start-up ecosystem, engage private-sector and long-standing partners, promote Milton as a desirable destination for talent, and advance economic development initiatives.
“This Strategy lays the foundation to deliver a balanced commercial, industrial, and residential tax base,” says Milton Mayor Gordon Krantz. “It’s this balance that makes Milton ‘A Place of Possibility’, where urban meets rural, businesses prosper, entrepreneurs innovate, and our complete communities thrive.”
The strategy is guided by four goals, which are:
- Grow and cultivate Milton’s export clusters to foster prosperity.
- Bolster Milton’s start-up ecosystem to drive future competitiveness.
- Build Milton as a premier destination for diverse talent.
- Define and promote Milton’s brand for new economic development.
Each goal consists of four priorities, which include actionable items that Town staff will prioritize and undertake.
To learn more about the Economic Development Strategy, visit the Economic Development website.
