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The Economic Development Company

The Capital EDC Economic Development Company was created for people that need operational help and assistance as private companies and as public organizations. Patrick Marshall is the consulting economic developer that seeks customers that want tangible results from visible processes.  He has a number of skill sets that can assist you in getting the results that studies, strategies and documents promise.

Patrick Marshall was selected as “British Columbia’s Economic Developer of the year 2007″ by his peers at the Economic Developers Association of British Columbia, an adjudicated process.

Select Customer List:

  • Boeing DeHavilland
    Aircraft of Canada
  • Boliden Westmin Mines Ltd.
  • Bowman Boulevard
    Communications Ltd.
  • British Columbia Energy, Mines and Petroleum Resources
  • British Columbia
    Innovation Council
  • British Columbia
    Ocean Tech Park
  • British Columbia Premier’s
    Summit Secretariat
  • Cadillac Fairview Ltd.
  • Campbell River Economic Development Corporation Rivercorp
  • Campbell River Mills Ltd.
  • Canadian Fish Company
  • Canadian Imperial
    Bank of Commerce
  • Cansalm Products Ltd.
  • Catalyst Papers
  • City of Campbell River
  • City of Mississauga
  • City of North York
  • City of Parksville
  • City of Toronto
    Film Liaison Commission
  • Cliff Bowman and Associates
  • Coastal Community Network
  • Detroit Allison Diesel Ltd.
  • Discovery Harbour Centre
    and Marina
  • District of Campbell River
  • District of Port Hardy
  • District of Sechelt
  • Federation of Canadian Municipalities
  • Fletcher Challenge Canada
  • Fletcher Challenge
    Energy Corporation
  • Fletcher Challenge Canada
  • New Zealand
  • Ford Centre for the Performing Arts North York
  • Grieg Seafood Ltd.
  • Homalco Development Corporation
  • Innovation York
  • InvestWest Development Corporation
  • Island Cogeneration Project
  • Macmillan Bloedel Ltd.
  • Marine Harvest Canada
  • Metropolitan Toronto
  • Norske Canada
  • North American Life Assurance
  • North Island College
  • North York Chamber of Commerce
  • Ocean Blue Cedar Ltd.
  • Ocean Industries
    British Columbia
  • Ocean Initiatives
    British Columbia
  • Olympia & York
  • Omega Seafarms
  • Procter & Gamble
  • Quinsam Coal Mine
  • Quinsam Mills Ltd.
  • Royal LePage Headquarters
  • Sealand Aviation Ltd.
  • Sechelt Community
    Projects Inc. SCPI
  • Seneca College Centre for Applied Science
  • Silversea Condominium Ltd.
  • Small Business
    British Columbia
  • Sunshine Coast Community Forest Corporation
  • The Centre for Advance Film Studies North York
  • Sealand Aviation Ltd.
  • Sechelt Community
    Projects Inc.
  • Seneca College Centre for Applied Science
  • Silversea Condominium Ltd.
  • Small Business
    British Columbia
  • Sunshine Coast Community Forest Corporation
  • The Centre for Advance Film Studies North York
  • The Truck Loggers Association
  • The Real Canadian Superstore Campbell River
  • Timberwest Forest
    Products Ltd.
  • Town of Port McNeill
  • Town of Qualicum Beach
  • Tseshaht First Nation
  • Union of BC Municipalities
  • Vancouver Island Business Development Task Force
  • Vancouver Island
    Economic Alliance
  • Village of Gold River
  • Village of Sayward
  • WeiWaiKai First Nation
  • WeiWaiKum First Nation
  • Western Canada
    Aerospace Alliance
  • Western Mines Ltd.
  • Western Premier’s
    Summit Secretariat
  • Weyerhauser Canada
  • Xerox Canada

Scope of Services: “Click” on your category of choice for more detail

  • Civic Development
  • Community Development
  • Community Economic Development
  • Economic Development
  • Governance Development
  • Industrial Development
  • Land Development
  • Media Development
  • Organizational Development
  • Policy Development
  • Presentations

The Value of Economic Development:

The value of economic development is rooted in understanding the value of community. Groups of people organize in different ways. Most people assume that community means government. Community is also defined as an association, group of businesses or people with common interests. Many communities do not understand the value of economic development and what a professional economic developer does. It is sometimes thought that community growth will happen regardless so why invest in economic development. To say investment in economic development is of value because it brings revenue to communities does not give full credit to the profession. Economic development is about building healthy and sustainable economies and therefore having healthy and sustainable communities.

Some people presume that economic developers are only found in the municipal context. Our approach sees things a little differently. We believe that there are economic developers in private business and that there are consulting economic developers. We also define communities as communities of interest, and not just local government.

How economic development helps communities:

  • Increased Tax Base – the additional revenue provided by economic development supports, maintains and improves local infrastructure.
  • Business Retention – up to 80% of job creation is from the existing business base. When economic development communicate effectively with local business they are more likely to stay in the community and contribute to the economy.
  • Economic Diversification – a diversified economic base helps expand the local economy and reduces a community’s vulnerability and dependence on a single industry sector.
  • Job Development – economic development provides the environment in which better wages, benefits
  • and opportunities for advancement occur.
  • Self-sufficiency – a stronger economic base means public services are less dependent on intergovernmental influences, alliances, and transfer payments which can change with each regime change.
  • Land Value and Use – land and property is used for its highest and best use to maximize its value. When economic development is applied, it optimizes the use of land and resources.
  • Recognition of Local Products and Services – successful economic development occurs when locally produced goods and services are consumed in the local market to a greater degree and recognized as unique SKU’s in the broader marketplace.
  • Quality of Life – more local dollars and jobs increase economic stability for the entire community, including the overall standard of living for the residents.

How economic development helps business:

  • Providing the first contact in a community, that acts as a business concierge.
  • Providing demographic profiles to companies interested in locating in the community.
  • Providing the connection between business and all levels and forms of government.
  • Assistance in resolving where possible, issues related to permitting, approvals, public perception and information.
  • Assistance in making introductions to programs and services that may assist the company’s ability to grow
  • Assistance in making introductions to programs and services that may assist the company in finding new markets

How economic development helps members, taxpayers and shareholders:

  • Coordination between public and private interests for the common good.
  • Ensuring that outcomes are balanced between social, environmental, economic and governance outputs.
  • Ensures fair play among interests for the benefit of the overall community.

Ask Patrick Marshall for a Case File that illustrates how he would fulfill your needs in the email below:

Comments or questions are welcome.

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