Peterborough Blogs
Check Out The Business Beat This Week Featuring Lakefield Youth Unlimited, Community Futures Peterborough, Kids Against Hunger and Peterborough and The Kawarthas Home Builders Association
/PTBOCanada is delighted to be running the Business Beat columns each week here, spotlighting new businesses and startups in Peterborough and the Kawarthas. Here is this week’s edition…
Lakefield Youth Unlimited is celebrating 21 years of supporting youth, children, and families in the community.
To mark the occasion, they’re holding their biggest fundraising dinner yet on Oct. 17 at 5:30 p.m. at the Lakefield Royal Canadian Legion. At the dinner, you will hear inspiring stories about youth and their families in Lakefield. The dinner is 100 per cent free. Donations will get a charitable tax receipt.
A big congratulations to some local businesses on completing the 2024 ScaleUp program.
This initiative is a collaboration between Community Futures Peterborough and Scotiabank to equip local business leaders with the strategic insights and tools necessary to accelerate growth. It’s designed to address the evolving needs of regional entrepreneurs with the strategic tools required to make key decisions about how their business can scale up, including expanding their workforce, establishing additional locations, or diversifying their customer base. Graduates of the program are:
Tracy Cosburn, Kyoto Coffee
Alicia Doris, Living Local Marketplace
Jacob Rodenburg, Camp Kawartha
Debra Ragbar, Kawartha Spice Company
Clint Clarke, Barking Pixel Design Co.
Sean Flanagan, Flanagan and Sun
Kids Against Hunger Canada is holding its Bowties and Boas event on Oct.19 from 5:30 to 8:30 p.m. at 270 Braidwood Ave.
This is a party fundraiser in support of the One Million Meals Peterborough program. The party unites fashion and compassion, giving attendees an opportunity to indulge in a sophisticated affair, highlighted by their Crock Pot Mania culinary experience. Get your tickets at kahcanada.org, get out your formal attire, and get your boa or bowtie when you get there.
Power up your knowledge and join Peterborough and The Kawarthas Home Builders Association at the Holiday Inn on October 10 from 8 a.m. to noon to learn how you can create an energy-efficient household.
Learn about finding the correct energy targets, determining the path to reach them, coordinating their implementation, and much more. Breakfast is also included. Register at pkhba.com.
Peterborough and the Kawarthas Chamber of Commerce President & CEO Resigns
/Following two years at the helm of the Chamber, Sarah Budd has tendered her resignation effective Oct. 18
In a letter to Chamber members, chair Noah Crowley didn’t give a reason for Budd’s resignation.
“During her two years at the helm of our organization, Sarah led the Chamber team with dedication and enthusiasm,” Crowley wrote. “Sarah helped usher in a new era of lobbying, ensuring the concerns of our members were heard by the Ontario and Canadian Chambers, and by our mayor, MPP and MP.”
Gail Moorhouse will step in as Interim President & CEO.
Crowley stated she will support the staff as it prepares for the Business Excellence Awards next month, the Canadian Chamber of Commerce Annual General Meeting and other fall events.
“Gail is an expert in executive leadership, with a depth of experience managing through change,” Crowley said. “On behalf of the board, I extend my sincere thanks to Sarah and I wish her continued success in the next chapter of her career.”
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Voice of Business: All Eyes On Housing
/Our community needs some creative solutions for our current housing and homelessness crisis.
Right now, we are in a complex situation. Housing is becoming increasingly unaffordable for those who are working-class citizens, and those on the margins of society who simply cannot afford housing. With a vacancy rate of just 1.0 per cent, both groups are competing for a limited housing supply.
However, there is a glimmer of hope with some creative ideas coming forward. We have seen short-term success in our local housing initiatives with modular housing and plans are in motion to increase our housing supply.
One of these projects is from the Brock Mission. Just last month at a local news conference they announced plans to build a permanent 50-unit transitional housing project, which was attended by our own VP of Operations and Government Relations, Joel Wiebe. This 50-unit building will be a transitional housing project, operating in a similar fashion to the organization’s current shelters on Murray Street and Cameron House on Chemong Road. Although the location for the project has not yet been finalized, The Brock Mission is asking for a one-time support payment of $250,000 from the City of Peterborough to cover the costs of professional services and building permit process.
In the meantime, we have seen short-term success with our temporary modular housing project. According to a report from the City of Peterborough, between November 27, 2023, to June 30th, 2024. There was a 96% decrease in calls from the previous site of the encampment which was on the current site of modular housing. Back when there was an encampment on Wolfe Street, police were called 95 times between November 27, 2022, and June 30, 2023. Between Nov. 28, 2023, to June 30th, 2024, police were only called 4 times.
The current statistics paint an optimistic picture. So far, one person has moved into more permanent housing, and another has secured a home. Four people living in the cabins are employed. Additionally,17 people were evicted from the site. For context, four of these evictions happened in the last 3.5 months and 13 happened in the first 5 months of the program. This may paint a negative picture for modular housing, but 33 people have been housed for 6+ months indicating more than half have adjusted to the site.
While the city is considering expanding modular housing, Peterborough’s low vacancy rate is still a big worry. Young families are left with limited housing availability in a time where Peterborough is experiencing a growing population. According to a report from Mike Moffat from the PLACE Centre, Peterborough’s population has significantly increased from upwards of about 2,500 people in just one year. We are seeing more families moving into Peterborough because they are being priced out of the GTA, but this only adds to the pressure on the housing market. This pressure is being felt, where 10 individuals in the modular housing project are waiting for housing to become available.
There are also plans to develop affordable housing units on Hilliard Street. These units will include one-, two--, and three-bedroom apartments. Unfortunately, these plans were put on pause due to a lack of funding but will be reconsidered. If these plans are approved, they could lead to considerable progress in increasing the much-needed supply for our growing population.
In light of a demand for housing, Habitat for Humanity, recently got approval for a five-story, 41-unit condo on 78 and 82 Lansdowne St W. This will offer low-income families the chance to buy a home with a low-interest, geared-to-income mortgage. It is refreshing to see creative local solutions from Habit for Humanity to address our housing needs.
Together, The Brock Mission and Habitat for Humanity projects have a lot of potential to help increase affordable accessible housing in our community. We are finally laying the groundwork to support not only those experiencing homelessness but also the young families who want to make Peterborough their home. Ultimately, we’re going to need more involvement from our Provincial government to fund and support more projects like this.
Content provided by the Peterborough and the Kawarthas Chamber of Commerce.
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Check Out The Business Beat This Week Featuring Pinchin, Sullivan Law, Cogeco and Peterborough Chamber
/PTBOCanada is delighted to be running the Business Beat columns each week here, spotlighting new businesses and startups in Peterborough and the Kawarthas. Here is this week’s edition…
The Peterborough office for Pinchin has moved from Charlotte Street in downtown Peterborough to the south end at 677 Neal Dr.
Pinchin is one of North America's premier environmental, engineering, building science, and health and safety consulting firms. They started in 1981 and now operate more than 50 offices across North America, employing more than 1,000 people. The new location brings new opportunities with the same great service people have come to expect from Pinchin.
Sullivan Law Peterborough is moving from one side of downtown to the other, from Sherbrooke to Queen Street.
They recently held a grand opening and open house for their new location at 362 Queen St. Sullivan Law first opened their doors and have been growing and winning awards ever since, including being named Micro Business of the Year in the Chamber Excellence Awards back in 2018. Their legal services include family, wills and estates, real estate, notary, business and mediation.
Cogeco has a new Customer Service Centre at their 1111 Goodfellow Rd. location in Peterborough.
This centre is a big investment in the community and is designed to enhance customer service through modern technology and improved accessibility. The centre will offer various services, including account management, technical support, and product information, providing customers with a seamless and efficient experience. The state-of-the-art facility reflects their commitment to delivering exceptional service and strengthens their connection with the local community.
The Peterborough and the Kawarthas Chamber of Commerce are hosting a trackside chat with Cavan Monaghan Mayor Matthew Graham and Otonabee South Monaghan Mayor Joe Taylor.
The chat takes place beside the horse track at Kawartha Downs in Fraserville on Thursday, October 3 from 9 to 11am. The event includes networking time and a discussion with David Piccini, MPP for Northumberland-Peterborough South and Minister of Labour, Immigration, Training and Skills Development for Ontario. Get more information and RSVP for this free event at pkchamber.ca.
Community Futures Peterborough's ScaleUP Program Announces 2024 Cohort of Graduated Businesses
/Six entrepreneurs growing their business operations have completed and graduated from Community Futures Peterborough’s (CFP) 2024 ScaleUP program and were commemorated at their facility at the Venture North Building on Tuesday.
The initiative is a collaboration between CFP and Scotiabank which help equip the entrepreneurs with strategic insights and tools necessary for accelerated growth according to Devon Girard, CFP executive director.
“This dedicated group of ambitious business owners is now equipped with a customized expansion plan to grow and scale their operations,” she said, “We couldn’t be prouder to support their business journey, and we’re thrilled to see their sustainable growth plans put into action.”
The 2024 ScaleUP program was designed to address the evolving needs of regional entrepreneurs with the strategic tools required to make key decisions about how their businesses can scale according to a press release.
Graduates of the fall cohort of the program include:
Tracy Cosburn, Kyoto Coffee
Alicia Doris, Living Local Marketplace
Jacob Rodenburg, Camp Kawartha
Debra Ragbar, Kawartha Spice Company
Clint Clarke, Barking Pixel Design Co.
Sean Flanagan, Flanagan and Sun