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North Bay & Tri-Towns Feature

 
Winners announced for 40 Under Forty North BayWinners are announced after the inaugural 40 Under Forty North Bay.


North Bay & Tri-Towns News

Chef puts French stamp on North Bay
The former executive chef at a major North Bay hotel has returned to bring upscale French cuisine to the Gateway City.The 38-year old Glenn Sheridan is moving his Orillia catering business to North Bay, where he was executive chef at the Clarion Resort Pinewood Park from 2004 to 2006.
North Bay marketing firm plans small business outreach
North Bay marketing firm plans small business outreach Ian Ross Tough economic times can force a company to take stock and re-evaluate how to stay relevant to their clients.
Outdoor sports complex announced for North Bay
North Bay businesses could receive a boost now that city council has voted to approve a $9-million outdoor sports complex in the city's south end.
Marketing design firm keeps creative juices flowing
The recession has produced some soft months for the owner of Penney and Company Marketing, but it's got him thinking hard about how he can keep his name out there by doing more for individual clients.


North Bay & Tri-Towns Community Profile

Just north enough to be perfect. That is North Bay’s motto as it steers toward a new economic era fueled by the enthusiasm of the business community, residents and community leaders.

New initiatives such as advancements in technology, job migration, emerging industrial zones and demographic shifts are bringing an increased demand for high-quality products and services. These key components will be the cornerstones to building a community with knowledge, innovation and commitment.

At a glance, the city of 53,000 people nestled between Lake Nipissing and Trout Lake possesses the largest airport north of Toronto, the largest combined fur auction in North America and one of Canada’s newest universities (Nipissing University) that recently underwent a $9.2-million expansion.

In fact, the education system in the city is the number one employer followed by the ministry of correctional services, the hospital, Ontario Northland Transportation Commission and Canadian Forces Base North Bay.

Located three-and-a-half hours from either Toronto or Ottawa, it is a prime spot for significant business growth as it stands as a transportation crossroads to the international centres for manufacturing, telecommunications and infrastructure needs.

An economic planning initiative identified seven sectors: teleservice and telecommunication, technology-based and software, hospitality, tourism and retail, forestry, mining, small/home business, entrepreneurship, transportation and warehousing.

 

Quick Facts 2007 Municipal Tax Rates
Population - 53, 966
www.city.north-bay.on.ca 
Location - 330 km. north of Toronto
Main industries - mining supply, aerospace and IT
Commercial rate - 0.0515
Industrial occupied - 0.0398
Target Growth Areas Real Estate

Mining supply and service
Telecommunications - IT
Post-secondary education
Aerospace
Energy

Average cost of a 4-bedroom executive house - $265,000

Developments for 2008 Top 5 Employers

Post secondary expansion
New Regional Health Centre
New homes, hotels, industrial, commercial expansions

Near North District School Board  - 1,331
North Bay and District Hospital  - 1,196
Ontario Northland Transportation  - 749
Northeast Mental Health Centre  - 650
Tele Tech  - 646


North Bay & Tri-Towns Resources

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Thunder Bay to host Northern Ontario Business Awards
Tickets are still available for the Northern Ontario Business Awards set for Thunder Bay this fall.The 24th annual event, celebrating the region's best and brightest in business, is slated for Oct. 7 at Thunder Bay's Victoria Inn. 
Energy minister inspects progress on Mattagami dams
 Ontario Energy Minister Brad Duguid and Ontario Power Generation president Tom Mitchell were in the Far North in late August, inspecting progress on hydroelectric dam construction on the Lower Mattagami River. 
First Nickel raising money for Sudbury mine expansion
With a new labour deal in place, Sudbury's First Nickel Inc. is on the prowl for money to expand its Lockerby Mine.The company announced Aug. 25 that it has entered into an engagement letter to appoint the Canadian branch of Société Générale (SocGen) and the Commonwealth Bank of Australia (CBA) to act as the lead arrangers for a senior secured project facillity loan of up to $30 million. 
Fraser survey ranks Ontario 20th globally as favourable mining jurisdiction
Ontario made few strides toward reaching elite status in the Fraser Institute's Survey of Mining Companies.The British Columbia public policy think-tank released a mid-year update in August, in which Ontario moved up one spot to 20th place. 
Ontario ministers long on talk, short on deliverables, say chiefs
A group of First Nation chiefs want money from the Ontario government to begin reparing their communities for mine development in the Ring of Fire.
Solar company beams in Sudbury
A Toronto solar company is setting up operations in Sudbury to offer “turnkey” solar power solutions for Northern Ontario clients.
Kirkland Lake gold diggers expand relationship
An exploration partnership between Kirkland Lake Gold and Queenston Mining has grown closer. The two companies are expanding their joint venture program in the Abitibi Greenstone Belt of northeastern Ontario with some new wrinkles in their exploration plan. 
Let the biomass conversion begin
The Ontario government has given the official green light to begin converting the Atikokan Generating Station from burning coal to biomass. 
Ring of Fire junior releases resource estimate
Probe Mines has released an initial mineral resource estimate for its Black Creek chromite deposit at McFauld's Lake in the James Bay lowlands.
Highway contracts awarded in northeastern Ontario
Highway improvements are being made between Sudbury and North Bay as the Ontario government has announced the awarding of road improvement contracts.