City of Surrey 2020-2024 Financial Plan

INVESTMENT AND INTERGOVERNMENTAL RELATIONS

INFRASTRUCTURE

• Continue to support City departments in securing funding under the Investing in Canada Infrastructure Program and other Federal and Provincial funding programs.

ECONOMIC PROSPERITY & LIVELIHOODS

• Obtain the 2020 Invest Canada Community Initiative federal funding to further develop the Invest Surrey & Partners platform collaterals and programming and increase brand awareness; • Celebrate local businesses by profiling local success stories to an international audience; • Conclude the FCM Building Inclusive & Green Municipalities partnership with King Sabata Dalindyebo Local Municipality (KSD) through finalizing the Local Economic Development strategy for KSD and participating in final mission to South Africa; • Establishment of an Investment & Innovation Impact Committee to provide feedback and direction on Economic Development priorities; Support the local manufacturing industry through a series of capacity- building workshops that address current challenges around access to talent, R&D opportunities and succession planning; •

• Host the 2nd Invest Surrey Launchpad for prospective regional and Cascadia- based investors to showcase current and future investment opportunities within the city; • Create and implement a data framework in order to respond to data requests in a timely fashion and support data-driven decision making by internal and external stakeholders; • Continue to provide leadership and guidance in supporting the Regional investment attraction activities that add value to Surrey’s metropolitan transformation; • Identify and target opportunity areas within the Cascadia Corridor to increase the total number of FDI leads attracted to Surrey; and • Increase awareness of key Surrey issues at the Big City Mayors’ Caucus (BCMC) table in order to gain insight from BCMC colleagues and resource support from the Federal government . Economic Prosperity Advisory Committee (REPAC) to prioritize

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