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Expert Presents Canada’s New Economic Reality to City


April 29, 2010 – The Thunder Bay Community Economic Development Commission (CEDC) today hosted a luncheon with Gordon Pitts, Globe and Mail Journalist and 2009 winner of Canada’s National Business Book Award, at the Valhalla Inn.

In the past year, Pitts has interviewed 52 North American business leaders in the natural resources, media, financial and technology sectors, including Jack Welch (GE), Peter Munk (Barrick Gold) and John Weaver (AbitibiBowater), to attain insights into the future of investment and trade as Canada emerges from the global recession. Pitts shared his insights on the future of the Canadian economy post recession and the demand for our natural resources from India and China.

“Gordon Pitts is one of Canada’s most respected and well informed business journalists,” said Steve Demmings, CEO – CEDC. “He enjoys access to North America’s most senior business decision makers and will present an insiders perspective on the future of Canadian business as we emerge from the global downturn.”

The keynote speaker has been a business journalist for 35 years and his interviews with CFOs and CEOs are featured every Monday in the Globe and Mail. He is the 2009 recipient of Canada’s National Business Book Award for his fifth book, “Stampede: The Rise of the West and Canada’s New Power Elite”. All five of his titles have been finalists for Canada’s National Business Book Award.

The CEDC receives formal proposals for projects that will contribute to economic development. It responds quickly to new opportunities and initiatives to attract direct financial involvement from government and private sectors. CEDC’s staff will assist businesses in attaining information essential to their decision making.

Located within CEDC’s administrative office, the Thunder Bay & District Entrepreneur Centre provides seminars, workshops, and free and confidential business counselling services for new and existing small businesses.


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Contact:  Steve Demmings, CEO, Thunder Bay Community Economic Development Commission at (807) 625-3096.