Mayor Watson outlines Ottawa’s 2014 successes and future plans at 3rd Annual Economic Outlook luncheon

Mayor Jim Watson praised the success of Invest Ottawa and emphasized the importance of continuing efforts to make Ottawa an inviting place for business investment at the 3rd Annual Economic Outlook luncheon today. Presented in partnership with the Ottawa Business Journal and the Ottawa Chamber of Commerce, the Economic Outlook event provides insight to Ottawa’s business leaders and innovation community.

Mayor Watson summarized the key accomplishments of the City’s Economic Development strategy. Chief amongst them was the creation of Invest Ottawa.

“Invest Ottawa’s results for the last few years are in and they are worth celebrating,” said Mayor Watson. “Entrepreneurship and innovation will continue to be key pillars of the City’s economic development strategy. Cities that can effectively attract investments create increased local employment opportunities and facilitate economic growth.”

The Mayor went on to outline a number of achievements and plans for the city’s business community, including:

·         Coordinating efforts to develop the Innovation Centre, scheduled to open in 2016

·         Continuing to leverage tourism, through the Major Events Attraction Office’s “Bid More Win More Host More” strategy.

·         Continuing to assist local businesses by increasing business opportunities and support programs.

·         Taking full advantage of numerous embassies and diplomatic missions in Ottawa.

·         Exploring potential partnerships and collaboration opportunities with Ottawa’s four post-secondary education institutions.

A panel of industry leaders was also on hand to discuss the current climate in Ottawa for investment, innovation and entrepreneurship and to explore what opportunities lay ahead in the coming years.