Chatham-Kent has been identified as the proposed site for new investment as Canadian Energies advances plans for a major clean-energy manufacturing project in the community.
The proposed investment is being featured as part of the Canadian Investment Summit taking place in Toronto Sept. 14-15. Hosted by the Prime Minister of Canada in partnership with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, the summit is a first-of-its-kind, two-day event bringing together leading global investors, Canadian CEOs and public sector representatives to accelerate new investment into Canada and spotlight communities and projects across the country well positioned to attract new business, investment and employment.
Chatham-Kent has a long-standing manufacturing base and a strong history of attracting and supporting industry. The mayor and senior municipal leaders regularly pursue investment opportunities that build on these strengths, expand the local economy and create employment in the region. The community’s identification at a national investment forum provides another opportunity to showcase Chatham-Kent to prospective investors and highlight its capacity to support new industrial development.
“We’re excited to see Chatham-Kent recognized at a national investment summit and to have our community selected for this project,” said Mayor Darrin Canniff. “This project would represent the largest single investment ever made in Chatham-Kent. We’re proud of what our community has to offer. The work we have been doing to grow and promote C-K has earned us recognition on the global stage for investment.”
Chatham-Kent’s presence in the national investment discussion reinforces the importance of maintaining a strong and diversified local economy and continuing to position the community for future industrial investment.
The municipality noted that projects of this scale involve significant consideration by multiple levels of government. If the project proceeds, support and approvals from the appropriate provincial and federal governments will be required. Any municipal regulatory decisions or approvals needed for the project would follow the appropriate municipal process, including consideration by Chatham-Kent council, before any municipal commitments, if any, are made.
