Rather than giving land cheap in order to try to attract large businesses, we should be thinking of economic development in terms of businesses already here. We should help our small businesses grow into medium ones, and the medium ones become large
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In terms of ‘giving land cheap’, it’s the servicing of industrial lands and the choice of how much of this cost is recouped through development charges, or not. I would support a review of regulations to see if there were reductions possible, but was more thinking along the lines of better marketing particular sectors of our economy where small businesses abound (such as tech), to increase profits, allowing them to increase staff compliment.
What do you mean by “giving land cheap”? Are you assuming that the city owns huge swaths of land that they’re selling at pennies on the dollar to anyone wanting to start a business? You’re also not specifying what you’d do to “help” businesses. Lowering taxes and reducing regulations?
I respectfully disagree, although an excellent idea. From a consumer stand point, competition is key to reasonable prices. Growing already established businesses is great for the owners but for the customers we start to see a little bit less competitive pricing and a little bit more monopolization.
I won’t go as far as to mark your suggestion as bad, because it’s not. I just wanted to play devils advocate a little bit.
I won’t go as far as to mark your suggestion as bad, because it’s not. I just wanted to play devils advocate a little bit.
