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AUGUST 2014
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AUGUST 2014
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Please visit www.cityofelliotlake.com for the complete Community Profile.
The City of Elliot Lake is ideally located in the north shore area of Lake Huron with
a population of 11,559. Elliot Lake was founded in 1955 when a large ore body of uranium was
discovered in the Canadian Shield; the town was rapidly built and numerous mines were
brought into production. As a result of the community’s strong reliance on mining, the local
economy and population boomed and busted along with world demand and prices for
uranium. Due to higher grade and lower cost uranium being found elsewhere, the primary
purchaser for uranium in Elliot Lake, Hydro One, cancelled their contracts and all the mines
were closed by the early 1990’s. Efforts to diversify the economy began and the City received
funding from Hydro One to assist in transitioning its economy. The Elliot Lake Retirement
Living (ELRL) program was born in this era and had achieved significant success at attracting
retirees to the community. With the success of the ELRL program, Elliot Lake Ontario is now
the second oldest community in Canada. The median age of the community, according to the
2013 Census Data is 57.1 years of age. The City of Elliot Lake is located within 200 km of major
northern city centres; Sudbury and Sault Ste. Marie and is also 200 km from an international
border crossing.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
In March of 2013, the City of Elliot Lake adopted a new Economic Development and
Diversification Strategy, ‘Elliot Lake! Practical Solutions for Practical Realities’. The Strategy
was developed at a community level with an overwhelming level of input from community
members. The four main pillars of the strategy are; Health Care, Readiness and Attraction,
Capacity Building and Cultural Heritage. The Strategy highlights seven main goals, each with
specific strategic objectives:
Goal 1: Shape The Institutions Of Tomorrow, Today
Goal 2: Building A ‘Network of Networks’
Goal 3: Nurture The Built Environment
Goal 4: Be The Catalyst For Private Sector Investment
Goal 5: Invest In Cultural Capital
Goal 6: Make Aging In Place A Reality, Not Just A Promise
Goal 7: Seize Opportunities When They Arise
The City of Elliot Lake and Economic Development Advisory Committee are currently working
towards implementation of the Economic Development and Diversification Strategy. For a
copy of the Strategy and the Outcomes for 2012-2014, please visit:
www.cityofelliotlake.com > City Hall> Plans and Studies > Economic Development Strategy.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
Elliot Lake and North Shore Corporation for Business Development ELNOS is a full-service business development corporation that was established to stimulate economic growth in the ELNOS Region through new business development and investment. ELNOS provides any form of debt or equity product on fully flexible terms and conditions (up to a maximum of $250,000). Support services are also provided to complete a successful transition and to encourage continued business growth. Elliot Lake is one of five communities served by ELNOS.
East Algoma Community Futures Development Corporation (EACFDC) is a federally sponsored operation that provides advice and financial assistance to small businesses within the region. Loans are geared to the needs of small businesses that have been unable to secure funds through conventional sources. The EACFDC also hosts a Canada Ontario Business Service Centre.
The Northern Ontario Heritage Fund Corporation (NOHFC) is an initiative of the Ontario Government to create employment opportunities in Northern communities. This is done through various funding programs.
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Please visit www.cityofelliotlake.com for the complete Community Profile.
Elliot Lake Centre for Development Sherrie Perron, Manager White Mountain Building 99 Spine Road Elliot Lake, Ontario P5A 3S9 Tel. 705-848-8200 Fax. 705-848-8205 [email protected]
East Algoma Community Futures Development
Corporation
Shawn Heard, General Manager Lakewood Place
1 Industrial Park Road East Suite 106, P.O Box 398
Blind River, Ontario P0R 1B0
Tel: 705-356-1152 Toll Free: 1-888-227-3569
Fax: 705-356-1711 [email protected]
Algoma District Services Administration Board 2 Elizabeth Walk Elliot Lake, Ontario P5A 1Z3 Tel. 705-848-7153 Fax. 705-843-0482
ELNOS
William Elliot, General Manager 31 Nova Scotia Walk, Suite 306
Elliot Lake, Ontario P5A 1Y9
Tel. 705-848-0229 Fax. 705-848-1539
Northern Development Robert (Bob) Sjonnesen Northern Development Officer Ministry of Northern Development and Mines 50 Hillside Dr. N. Elliot Lake ON P5A 1X4 Ph: 705-848-5969 Fax: 705-848-6464 [email protected]
