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A diversified economy.


North Bay has an eye on promoting itself as one of Northern Ontario's best places in which to do business.

The city has been raising eyebrows across the North by selling 112 acres of light industrial property for almost land-rush prices--$1 an acre--at its underutilized Gateway Industrial Park.

"We're looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 significant manufacturing projects," says Rick Evans Rick Evans (born 20 January 1943, in Lincoln, Nebraska) is a chart-topping American singer and guitarist.

From 1962 he played with the Eccentrics, a group which also included Denny Zager. The group split in 1965.
, manager of the Mayor's Office of Economic Development, of the city's aggressive strategy to lure new business from southern Ontario. Already blessed with an abundance of light manufacturing, the city has one of the region's most diversified diversified (di·verˑ·s  economies generating many spinoffs in the transportation and service sectors.

Also high on the city's development priority list is the marketing of a military underground complex at CFB North Bay Canadian Forces Base North Bay, also CFB North Bay, is a Canadian Forces Base located in North Bay, Ontario. It is operated by Air Command (AIRCOM) and its primary lodger is 22 Wing, thus the base is sometimes identified as 22 Wing North Bay. . The three-story below-ground command bunker bunk, bunker

large storage bin.


bunk forage
forage, usually ensilage stored in a large storage bunk and made available to cattle or other livestock along a face of the storage.
 is part of the North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Defence Command early warning system.

With a new above-ground facility now under construction, slated for a mid-2005 completion, the city is marketing the bunker to international data storage companies.

The Department of National Defence still retains title, but the city is in the preliminary stages of developing partnerships, says Evans. A phase of negotiation for the eventual hand-over will take place depending upon when the new facility becomes operational.

RELATED ARTICLE: City of North Bay

Quick facts

* Population -- 68,681

www.cityofnorthbay.ca

* Location -- 330 kilometres north of Toronto

* Main industry -- manufacturing

Target growth areas

* Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , IT

* Tourism

* Mining, forestry, value-added products manufacturing

Developments for 2005

* $218.6-M North Bay Regional Health Centre tendering in spring

* $14-M Nipissing Raceway * $29-M Waterfront/retirement village development

Taxes--2004 municipal tax rates

* commercial occupied -- 5.141%

* industrial occupied -- 3.87%

Real estate

* Average cost of 4-bedroom executive house -- $210,000

Top 5 private employers

* Telespectrum, call centre, 663 employees

* Teletech, call centre, 569 employees

* Fabrene Inc., manufacturing, 321 employees

* Pro North, transportation, 280 employees

* Cassellhome, retirement, 261 employees

Source: Statistics Canada, www.2ontario.com, North Bay EDC EDC

See: Export Development Corp.
 
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Article Details
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Title Annotation:Economic conditions of North Bay, Ontario
Author:Ross, Ian
Publication:Northern Ontario Business
Geographic Code:1CONT
Date:Jan 1, 2005
Words:319
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