To modify a well-known American political phrase:
It's the economy, London!

And Londoners are being encouraged to help fix it.

London's economy was hit hard during the worldwide economic downturn but there are growing signs of recovery. Now, a new City Council committee is determined to build on that recovery and create a new era of strong and sustained economic activity that creates long term prosperity for Londoners.

The objectives set by the Investment and Economic Prosperity Committee are easy to understand: create jobs, leverage investment, stimulate spin-off benefits, build beneficial partnerships, assist key sectors and fuel transformational change in our economy.

Easy to understand but clearly a challenge to be met; a challenge that will require the entrepreneurial talents, innovative thinking and ingenuity of our community partners, other levels of governments and all Londoners.

"As a Council and as a city we face economic challenges," says committee chair Coun. Joe Swan. “How do we move London's economy forward faster? How do we retain good employers and employees and attract new ones? And how do we ensutre our investments benefit the community in the short and long term?”

The committee is asking Londoners to identify and provide input on projects they believe have the best potential to grow the local economy.

The committee set a deadline of June 1 for people to submit ideas or recommendations. 49 proposals/ideas were brought forward to the IEPC.

DOWNLOADS:

Presentation: Establishing the Economic Baseline (1.2MB - PDF)