Mayor proposes tax incentives.

• Author: Ross, Ian
• Position: Sault Ste. Marie - Sault Ste. Marie Mayor John Rowswell - Brief Article

Strategic visions and grant programs have not worked in diversifying and stimulating the North's economy. Perhaps throwing some incentive goodies at business in the form of a preferred corporate tax structure to lure some companies North might just do the trick, says Sault Ste. Marie Mayor John Rowswell.

Rowswell floated the tax incentive program idea to other Northern mayors during a panel discussion at the Northeastern Ontario Municipal Conference in September.

In researching how to create jobs in the Sault and stem the flow of thousands lost through out-migration, the City of Sault Ste. Marie's long range planner Joe Sniezek began studying last spring how other jurisdictions around the world have managed to turn their economies around and flourish.

While there are plenty of papers put out by public policy think-tanks in Atlantic and Western Canada about tax incentives, there are few actual examples across the 'country to draw from, says Sniezek.

But there is the growing realization that communities dependent on resource-based industries need some innovative regional based strategies to attract new forms of economic activity, especially with the trend among mainstay industries like mining and forestry to reduce jobs over time in favour of technology.

Sniezek says there...