Business Investment & Attraction

Wood Buffalo Business Support Organizations Present the Region’s Business & Economic Recovery Plan

Fort McMurray, AB – Key regional business support organizations have partnered to create the Wood Buffalo 2020 Business & Economic Recovery Plan (the “Plan). The partner organizations of the Plan are as follows:

Community Futures Wood Buffalo (CFWB)

Fort McMurray Chamber of Commerce (FMCoC)

Fort McMurray Construction Association (FMCA)

Northeastern Alberta Aboriginal Business Association (NAABA)

Wood Buffalo Economic Development Corporation (WBEDC)

Based on the expertise and recommendations from the Business Recovery Task Force (the “Task Force”), various stakeholder discussions and multi-sector engagement with the business community, the Plan outlines key strategies and actions to support business and economic recovery.

“This community-led Plan is critical for the future sustainability of our region,” says Nick Sanders, Task Force member and Interim Executive Director of the Fort McMurray Chamber of Commerce. “It will help support the immediate response required, recovery efforts and long-term resiliency of Wood Buffalo.”

The Plan outlines the immediate, short-term and long-term programs and business supports as well as the recommended actions each partner organization will deliver.

“The accountability and commitment from each partner organization is important to the Plan’s success,” says Michelle Toner, Task Force member and Executive Director of the Northeastern Alberta Aboriginal Business Association. “Assigning the Plan’s actions gives each of our organizations a way to support recovery.”

The Plan will be presented to the Regional Municipality of Wood Buffalo (RMWB) Council as information today, July 14, 2020. The Plan will be available on today at 4:00 P.M.

“This Plan is truly a collaborative approach specific to the business community,” says Kevin Weidlich, Task Force Chair and CEO & President of the Wood Buffalo Economic Development Corporation. “Full recovery will take the whole community continuing to work together and supporting local businesses.”

The Plan’s budget will be presented to Council once all joint funding proposals have received a response.