Investing in Our Future: Why Economic Development Matters
Empowering elected officials with deeper insight into the value and impact of economic development.
Economic Development is one of the most powerful tools municipalities have to shape their future—but it is also one of the most misunderstood. This enlightening session is designed to help elected officials, senior municipal leadership, and key decision‑makers better understand what economic development is, what it is not, and how it contributes to long‑term community prosperity.
This engaging, discussion‑driven program explores the people, places, policies, and partnerships that influence economic success, and the critical role municipal leadership plays in creating an environment where businesses, residents, and investors can thrive.
Through real‑world examples and practical insights, participants will:
- Understand the true role of economic development and how it supports community well‑being
- Learn why economic development is a long‑term, strategic investment, not a quick win
- Explore the connection between economic development and community development
- Gain clarity on the economic development ecosystem and how federal, provincial, regional, and local partners interact
- Identify common misconceptions and expectations—and how to address them
- Learn how elected officials and municipal leaders can be effective advocates and champions for economic development
- Understand what it means to be investment‑ready and how communities can position themselves for opportunity
Economic development does not happen in isolation. Every business investment, expansion, and job lands in a community and success depends on alignment across departments, levels of government, and local partners.
This program helps municipal leaders:
- Make more informed decisions
- Support staff more effectively
- Set realistic expectations for outcomes and timelines
- Strengthen relationships with the business community
- Build resilient, competitive communities focused on long‑term prosperity
When leaders understand economic development, everyone benefits.
This program is well‑suited for:
- Municipal councils and elected officials
- Senior municipal leadership (CAOs, department heads)
- Economic development committees and boards
- Municipal staff with intersecting responsibilities (planning, tourism, finance, infrastructure, community development)
- New or returning council members seeking a common understanding and shared language
Invest in Understanding. Invest in Your Community.
Strong economic outcomes start with informed leadership. This program gives municipal leaders the tools, perspective, and confidence to support economic development in a way that is strategic, collaborative, and community‑focused.
In 2026, EDCO will be offering five opportunities to participate in this program.
Event Dates and Details
Click an event below for more information and to register.
Access our Information Sheet to help you share this program with elected officials, municipal leaders, and those considering public office
Coming in 2027: Empower your elected officials, bring this seminar to your community. More details launching fall 2026.
What Participants Are Saying
"Participation in the Elected Official's Seminar has provided me with a greater understanding of the need to ensure that all members of Council are understanding the importance of a supported Economic Development Department and that there needs to also be an understanding of the Economic Development Strategic Plan to ensure that we continue to be focused on our goal"