City of Surrey Financial Plan 2020-2024

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 Economic Prosperity Advisory Committee (REPAC) to prioritize 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 .

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