‘I want to make sure that the community that has moved mountains to make this happen is getting the 3,000 jobs that made all that worthwhile’ – MP Andrew Lawton on last week’s PowerCo announcement

Following last week’s PowerCo announcement, MP Andrew Lawton cautioned that the community has the right to know what’s being done to ensure the promised jobs materialize.
You can read last Saturday’s item here.
This comes in light of the federal government offering up to $13 billion in subsidies.
On Sept. 24, Powerco announced that production at the massive EV battery factory in St. Thomas has been pushed back until some time in 2029, although the move is not being painted as a step back.
Lawton, Conservative MP for Elgin-St. Thomas-London South, said it is important to acknowledge work is proceeding at the site.
“Look, we have to be very clear to acknowledge that there is work going on. And even the announcement from PowerCo indicates they intend to see this project through.

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From the Mayor of St. Thomas to Mayor Bubba presiding over the grandkids, Joe Preston is set to ‘take a step back’

While the media release on Tuesday evening may have caught some residents by surprise, if you have been a close observer over the past few months, it was evident that St. Thomas would have a new mayor come November.
The tip-offs were as subtle as the first signs of spring; however, as Mayor Joe Preston phrased it, “It was time to take a step back.”
As he stressed in the media release, the decision not to seek re-election in the 2026 municipal vote comes after “thoughtful personal and professional consideration.“
“All things have to be decided personally and professionally,” he added. “At some point, you have to ask yourself when it’s the right time to take a step back.”

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‘Vianode’s decision to invest here is a testament to our city’s talent, innovation, and commitment to a sustainable future.’ – St. Thomas Mayor Joe Preston

It has been a banner week for St. Thomas. While Trump’s tariff temper tantrum continues to cast economic uncertainty across the country, the former Railway Capital of Canada is forging ahead as the EV Battery Capital of Canada.
Earlier this week, we had confirmation from PowerCo that work was proceeding on a trio of major buildings at the Yarmouth Yards industrial park. Foundation and formwork are underway on the first cell production building within the massive facility.
More on that announcement in the following item.
Meantime, on Friday afternoon (Oct. 31) came the announcement that Norwegian company Vianode, a global leader in sustainable battery materials, will build its first North American facility at Yarmouth Yards in St. Thomas. This multi-billion-dollar investment marks a major step forward for Canada’s clean energy and critical minerals strategy.

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Contracts awarded and work set to begin at the massive PowerCo gigafactory – ‘We plan to be relevant for a very long time’

Within weeks, construction will begin on what is to become the largest EV battery manufacturing plant in Canada.
PowerCo, a Volkswagen subsidiary, announced Thursday the awarding of two major contracts for structural steel and foundation work for the $7 billion gigafactory at the Yarmouth Yards industrial park in St. Thomas.
Meredith Gibbons, Chief Procurement Officer for PowerCo Canada, called the announcement a major milestone.
“We’ve been very busy working hard to get this thing up and running. Today’s major milestone for the St. Thomas gigafactory is the announcement of our two major contracts: structural steelwork to SteelCon and the concrete foundation work to Magil Construction.”

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Industrial growth in the city? ‘The majority of it is reinvestment by companies that have shown that they care about St. Thomas’ – EDC CEO Sean Dyke

All factors considered, “2024 was a pretty good year for St. Thomas.”
That was the assessment of Sean Dyke at the city council meeting this past Monday (June 9).
As CEO of the St. Thomas Economic Development Corp., Dyke is a front-line worker when it comes to the city’s overall fiscal health.
He presented an economic scorecard to council members on Monday, highlighting the EDC’s relatively new vision statement.
“It is to cultivate a community that people fall in love with, where businesses thrive and prosperity blooms.
“It sounds flowery on purpose,” conceded Dylke. “We’re trying to suggest that we’re doing a lot of work behind the scenes to really help people enjoy being here in St. Thomas, whether it’s from a business or residential perspective. Tourism, of course, also.”

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‘The development of Yarmouth Yards will require St. Thomas to take on significant debt in the next five years.’ – Finance Director Dan Sheridan

City council gets its first opportunity to review the proposed 2025 operating and capital budgets at Monday’s (Dec. 9) meeting.
Unless there are some major concessions or creative pencil sharpening, we will not be blessed next year with a budget sporting an increase of less than three per cent over this year.
Next year’s proposed levy is almost $74.5 million, up from shy of $69 million this year, an 8.13 per cent increase.
Factor in the estimated additional growth-related tax of 3.2 per cent and ratepayers are looking at a 4.93 per cent hike to the municipal tax levy next year.
City treasurer Dan Sheridan advises, “The 2025 operating budget has been a challenge, the high rate of inflation along with the need for additional resources due to growth and development have resulted in a proposed levy increase that is higher than in previous years.”

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There is no denying the numbers, St. Thomas is where possibilities live

Without a doubt, this is an exciting time to be a resident of St. Thomas.
Exciting that is if you are not averse to change of epic proportions.
And as Sean Dyke, CEO of the St. Thomas Economic Development Corporation pointed out a presentation to city council on May 13, exciting because his organization gets to share “the really good news stories.”
Dyke continued, “I recall being here 15 years ago at the height of a pretty negative time in St. Thomas talking about a lot of businesses that were leaving.
“And, it’s so nice to be here at a time when we can talk about the complete opposite. The strides we’ve taken as a community to push this forward.”
To indicate just how busy the EDC has been, Dyke noted over the past fiscal year ending in March, they have had 856 consultations with different businesses.
From that, 256 new jobs were created in the community, which includes all of Elgin county.

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Lukewarm reaction to bold call to co-mingle high-density housing and industry in St. Thomas

city_scope_logo-cmykIs it possible for industry and housing to co-exist in fairly close quarters?
It’s a question that has been on the mind of Coun. Steve Peters and he brought it out into the open during Monday’s (Dec. 18) council meeting.
Specifically during debate on the draft plan of subdivision for the city’s 1,500-acre industrial park now known as Yarmouth Yards.
Peters opened the discussion by wondering aloud, “Why wouldn’t we be bold and look at a residential component to what is going on out there? We’ve got thousands of jobs that are going to be created, thousands of more jobs that are already in the industrial area, and why couldn’t we look at designating a portion of the southerly part of it as high-density residential?”

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A Brantford development firm has become a solid St. Thomas supporter

city_scope_logo-cmykVicano Developments this week closed a deal to purchase 67 acres of industrial land on the southeast corner of Highbury Avenue and Ron McNeil Line, adjacent to the city’s new 1,500-acre industrial park, now known as Yarmouth Yards.
Vice-president Paul Vicano says they are working with Whitney and Company of Cambridge to find tenants for the site.
“This was the kick-off to our leasing campaign with Whitney, our listing team, to look for a tenant for either a single-use building or smaller tenants of multiple units or buildings.”
Space is available up to 1.4 million square feet for one large operation.
Sister company Vicano Construction was involved in building the city’s social services and housing hub at 230 Talbot Street.

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