The new Comox Valley Regional District office. Photo by Mike Chouinard

Comox Valley Regional District, economic society sign revised agreement

CVEDS team will focused on the Economic Recovery Task Force to support local business

The Comox Valley Regional District (CVRD) and the Comox Valley Economic Development Society (CVEDS) recently signed a revised service agreement to deliver economic development and tourism services for Courtenay, Comox and Electoral Areas B and C and a defined portion of Area A.

CVEDS helps existing businesses grow and works with potential investors and entrepreneurs to realize the benefits of investing and doing business in the Comox Valley.

“This year the CVEDS team will be focused on the Economic Recovery Task Force in order to help support local businesses that make up the diverse range of sectors identified in our community,” CVRD board chair Jesse Ketler said in a news release. “We look forward to working collaboratively together during this challenging time and supporting our local economy.”

RELATED STORY: Comox Valley Economic Recovery Task Force planning and engagement underway

Discussions regarding the revised service agreement began spring 2020 as the current service agreement was up for renewal. Below are highlights of the new agreement between CVEDS and the CVRD for Economic Development Services:

  • Two and a half year term ending December 31, 2022 with option of a one-year renewal;
  • Funding for CVEDS from August 2020 to December 2020 is $339,000;
  • Funding for CVEDS in 2021 is $800,000;
  • Funding for CVEDS in 2022 is $816,000;
  • Focus in 2020 CVEDS Work Plan is to support the Economic Recovery Task Force and local business recovery through COVID-19;
  • Focus for the 2021-2022 CVEDS Work Plan is to implement economic recovery strategies resulting from the Economic Recovery Task Force and other CVRD Board economic initiatives;
  • CVEDS shall make change to the Society’s bylaws to allow for Comox Valley elected officials to be voting members of the Society by December 31, 2020;
  • CVEDS shall provide an annual schedule of remuneration and expenses for all employees with remuneration greater than $75,000 per year;
  • The CVEDS Board shall complete an annual employee performance assessment of the Executive Director and the Executive Director shall complete annual employee performance assessments for each full-time staff member;
  • The CVRD and CVEDS shall collaborate through a liaison team to investigate the potential of integration of shared services and report back to both Boards by December 31, 2020. The liaison team shall also collaborate in the ongoing clarification of contract deliverables related to economic development services;
  • The CVRD intends to review all aspects of the Comox Valley Economic Development Service function by December 31, 2021.

“The importance of economic response and recovery has been the singular focus of the CVEDS board and staff since the start of the pandemic. We know through our work across all sectors and business organizations, locally and province-wide, that small businesses are struggling. Working together with the CVRD Board, Comox Valley municipalities and dozens of local business leaders, recommendations for local policy changes and initiatives will be developed that can support businesses through these difficult economic times,” CVEDS board president Deana Simkin said.

For more information on Economic Development and review the service agreement visit:


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A photo of the missing mushroom pickers from the Lil’Wat Nation near Pemberton: River Leo (left) and dad Peter Oleski. Facebook photo/Sea to Sky Road Conditions page
Two Comox Valley-based search organizations assisting in missing Pemberton mushroom pickers

Two members from the Lil’Wat Nation were last seen Oct. 22

Students at Ecole Puntledge Park Elementary kicked off the Everybody Deserves A Smile (EDAS) campaign in 2019. Scott Stanfield photo
Everybody Deserves a Smile campaign adapts to COVID-19 challenges

“We didn’t want to lose our heartfelt hands-on approach.”

Wind and waves were part of the reason why the Sail Canada High Performance Team selected HMCS Quadra as the winter training base for Tokyo 2021. Photo by Ken Dool
National sailing team prepares for Olympics at HMCS Quadra in Comox

HMCS Quadra is serving as the winter training base for the Canadian… Continue reading

Courtenay residents will have a substantial schedule change for curbside trash collection beginning in January 2021. (Ben Lypka/Black Press file)
Courtenay moving to a zone system for curbside trash collection

New system means collection days will change with every statutory holiday

A jubilant Ronna-Rae Leonard salutes the crowd at her victory party at the Avalanche Bar & Grill. (photo by Scott Stanfield)
UPDATE: Leonard declared early winner for Courtenay-Comox

NDP incumbent held similar margin of lead throughout the evening

FILE – Provincial Health Officer Dr. Bonnie Henry provides the latest update on the COVID-19 pandemic in the province during a press conference in the press theatre at Legislature in Victoria, B.C., on Thursday, October 22, 2020. THE CANADIAN PRESS/Chad Hipolito
B.C. shatters COVID-19 records with 817 weekend cases; masks now expected indoors

Three people have died over the past three reporting periods

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

RCMP have released more details regarding what led up to an arrest caught on video in Williams Lake Sunday, Oct. 26. (Facebook video screenshot)
Review launched after ‘high-risk, multi-jurisdictional’ chase, arrest in Williams Lake

RCMP launching a full review and code of conduct investigation

Cowichan-Malahat-Langford MP Alistair MacGregor has expressed concerns about the excessive freighters parked in the Salish Sea for quite some time. (Photo submitted)
MacGregor introduces bill to address freighter anchorages along the South Coast

Concerns about the environment, noise, pollution and safety abundant

B.C. limits events in private homes to household, plus ‘safe six’ amid COVID-19 surge

Henry issued a public health order limiting private gatherings to one household, plus a group of ‘safe six’ only

B.C. Liberal Leader Andrew Wilkinson speaks during a drive-in car rally campaign stop at a tour bus operator, in Delta, Saturday, Oct. 17, 2020. THE CANADIAN PRESS/Darryl Dyck
Andrew Wilkinson stepping down as B.C. Liberal leader

Will stay on until the next party leader is chosen

Harvesters participating in the extended commercial halibut season will need to land their catch in either Prince Rupert (pictured), Vancouver, or Port Hardy by Dec. 14. (File photo)
B.C.’s commercial halibut season extended three weeks

COVID-19 market disruptions at the root of DFO’s decision

Campbell River's new hospital, July 2018
Nurse diverts opiates and falsifies records at Campbell River Hospital

Nurse facing disciplinary action for moving opiates out of the hospital

Most Read