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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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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