Pretty exciting news coming out of the January 27th Council Meeting…. Cumberland has given notice to our neighbouring participating communities of the intention to withdraw our annual funding from the regional economic development service, currently provided under contract by the Comox Valley Economic Development Society.
Cumberland Council is looking to spend the funds it annually provides to regional economic development on initiatives that have more direct impact on the Cumberland community.
Council believes that Cumberland is at a critical point in its development, and that focusing on the three main economic drivers identified in the recently updated Official Community Plan is key. “The Official Community Plan identified eco-tourism, commercial development and industrial development as the three primary sources for economic growth in Cumberland,” said Mayor Baird. “The business owners in Cumberland deserve to have a Cumberland specific organization working on their behalf to stimulate the economy.”
For more information visit https://cumberland.ca/news/2015/02/cumberland-initiates-process-to-pursue-own-economic-development/