Powering our future

an economy that empowers us

Contribute to a sustainable, creative and smart local economy that is connected to regional and global markets and supports shared prosperity for everyone.

Key performance indicators

Number of new circular businesses and collaborations
Met target

Target

Increase; 50 new businesses and collaborations by 2025

Results

2021: 164

2020: 17

Notes

In 2021, 164 businesses participated in a range of business programs including Seeding Our Food Future, R-Purpose, R-Purpose MICRO and COIL aimed at supporting innovation and resilience.  This considerable increase from 2020 is the result of many of the programs initiated in 2020, coming to completion in 2021.  It demonstrates the broad reach that business supports, challenges and funding had in our region.

Per cent of businesses reporting Guelph as a good place to do business
Did not meet target

Target

Increase

Results

2021: 75% (n=438)

2016: 82% (n=39)

2014: 83% (n=52)

Notes

The survey was conducted in partnership with the Guelph Chamber of Commerce and yielded a sample size of n=438. The responses reflect broad industry sector representation and business sizes. Although approximately 75 per cent of Guelph companies agreed or strongly agreed with the statement “Guelph is a good place to do business”, it is worthy to note that only ~7 per cent of respondents disagreed or strongly disagreed. The remaining ~19 per cent of the respondents were either neutral (~16 percent) or did not respond to the question (~3 per cent). A contributing factor to a neutral rating may be attributed to adverse effects of COVID-19 closures throughout 2020 and 2021.

Strategic initiatives

Formalize the Workforce Development Partnership component of the City’s Economic Development Strategy

Focus area

Support businesses as they adapt to changing workforce needs

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Green

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green
Tourism and Culture Rebuild and Museum and Culture planning

Focus area

Help businesses to succeed and add value to the community

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Green

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green
Implement fibre optic network initiative

Focus area

Help businesses to succeed and add value to the community

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Green

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green
Develop and implement new Economic Development and Tourism Strategy

Focus area

Help businesses to succeed and add value to the community

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Green

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green
Implement Our Food Future circular economy 5 -year initiative & associated applicable elements of the Grow Back Better recovery 10 point plan to provide immediate support to three core priorities in our local food economy.

Focus area

Accelerate Guelph's innovation economy through partnerships

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Green

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green
Implement the City of Guelph Innovation Work Plan

Focus area

Accelerate Guelph's innovation economy through partnerships

2021 Scope

Green

2021 Schedule

Yellow

2021 Budget

Green

2020 Scope

Yellow

2020 Schedule

Yellow 

2020 Budget

Green

This work was delayed due to COVID-19 prioritization and staffing changes, but is now underway and expected to be completed in 2022.

Formalize the Grow Guelph Partnership initiative

Focus area

Accelerate Guelph's innovation economy through partnerships

2021 Scope

Green

2021 Schedule

Green

2021 Budget

Yellow

2020 Scope

Green

2020 Schedule

Green

2020 Budget

Green

Initiative not funded/resourced. Will request again through multiyear budget and staff will monitor external and alternative funding opportunities as they are made available to complete this work.

2021 highlights

Driving circular economic and social innovation

In June 2020, the Our Food Future project team shifted much of its focus to Grow Back Better, a 10-point response to the impacts of COVID-19. Commitments included seeding rapid business innovation, supporting emergency food delivery programs and helping families discover the joys of at-home gardening. However, other priorities didn’t slow down, and some exciting developments were announced in 2021.

Driving circular economic and social innovation

Helping businesses during COVID-19 recovery

The City’s shop local platform Guelph Shops continued performing well through the end of 2021.

Helping businesses during COVID-19 recovery

Building a digital network

In June 2021, with a shovel in the ground, the City took its first step towards building its own digital network, removing its reliance on third-party service providers.

Building a digital network

Budgets for Powering our future

Capital budget

$1.75M

Operating budget

$17.90M

2022 budget request

($2M)
decrease