External Relations and Investment Attraction Action Plan 2025-2027

The External Relations and Investment Attraction ("ERIA") Action Plan 2025-2027 will advance the City’s strategic priorities and foster economic growth by investing in key relationships, capacity building, and opportunity generating initiatives.

Council adopted the ERIA action plan as presented in November 2025. 

Priority Sectors

Four sectors will be prioritized for investment readiness and attraction initiatives:

• Clean Energy
• Health Care and Life Sciences
• Advanced Manufacturing
• Marine Innovation

18-month Implementation Strategy

Action items are grouped into three areas of strategic focus as initiatives move naturally through interconnected phases of project development. 

Strategic Focus #1: Build Relationships

Actions to establish and strengthen relationships with key stakeholders through networking opportunities, proactive outreach, and ongoing engagement initiatives.

Strategic Focus #2: Build Capacity

Actions to foster growth and unlock resources with strategic investments in capacity-building initiatives, research, and skills development, with a specific interest in facilitating innovation.

Strategic Focus #3: Build Opportunity

Actions that will leverage partnerships to amplify regional strengths and attract new investment in future-focused sectors.

Future Owen Sound: Vision 2050 Alignment

The ERIA action plan will build on the extensive community engagement undertaken in support of the Future Owen Sound: Vision 2050 Long-Term Strategic Plan.