Happy Small Business Week

The Western REN started the week off with a bang! Our 4th Annual Summit, Landing Talent, took place on Tuesday at the Clare Veteran’s Center in Saulnierville.

Seventy-four individuals attended from both the private and public sector, neatly divided at 50% from the private sector, including employers and employees, and the other 50% were from the public sector (including Western REN staff).

Attendees also came from a wide range of industries. The private sector participants were most commonly entrepreneurs (self-employed) and then fishery related industries. Some of the region’s largest employers sent HR staff.

Photo credit: Michael Carty

The Summit brought together employers, potential employees, and service programs for both. Our panel discussions explored expectations, challenges, and possible solutions from both the employer and employee perspective. These conversations revealed much.

Employee perspectives:

There is a need for more employers willing to invest in the region’s workforce, including: workplace education to keep pace with a rapidly changing work environment, implementing accommodations as required to access available workforce, and participating in co-op placements from high school program. The latter are intended to demonstrate to young people the types of vocations and opportunities that await them when they graduate or return from travels/studies.

Employer perspectives:

Finding and keeping the needed talent is a struggle for employers dealing with a large entry-level workforce, all the way down to highly specialized professions. Many employers are not aware of the variety of services available to them through public sector programs. Also, recruitment efforts need to be enhanced in order to access the right fit for the job and the organization. Finally, retaining an engaged workforce can be challenging for larger, entry-level employers; clearly identifying potential career paths and providing an enriched workplace are two tools being applied by some employers.

Shared learning is a core offering at our Summits and this year we focussed on some very basic requirements of managing human resources. Participants did a brief exercise around communication styles that impact not only how we get our messages across to one another, but also how we best receive information. This self-awareness is critical to successful HR management.

Employee challenges are employer challenges. One of our activities demonstrated the loss of productivity and increased frustration faced by employees provided unclear job descriptions. Finally, we explored the differences between writing a clear job description (which provides instruction) and developing an appealing job posting (which sells the position). Both are crucial for recruitment and retention – though they are not interchangeable.

Landing (and keeping) talent is an extremely complex issue and cannot be resolved in a half-day event. Our goal was to introduce small, but practical, tools for employers to apply right away. Our work doesn’t end here – we support regional businesses, year-round, through Western REN regular programming.

Our BusinessNow program, lead by Victoria Brooks, is for both developing relationships with individual business owners and providing evidence for advising solutions. Our Western Connector program (announced at our 3rd Summit) is headed by Brenda LaGrandeur. This program supports job seekers who lack networks to connect with employers. Our newest addition, Gino Thibeault heads the Immigration program providing information concerning reaching out beyond the province for talent needed. About 15 people stayed for an optional Immigration for Employers Clinic following our Summit.

A huge THANK YOU to everyone for another successful Summit and we look forward to continuing our work with the good people of Western Nova Scotia.

Landing Talent in Western NS

On October 17th, we will be hosting our 4th Annual Summit at the Clare Veteran’s Center. This year’s theme is Landing Talent. This theme was chosen because it’s a consistent challenge that businesses in our region face.

Finding the right fit for you and your team

Summit participants will explore employee and employer expectations and challenges, learn about available Human Resource services, and how to make Western Nova Scotia’s businesses the best places to work.

Labour force challenges are not new to Western NS and we are focused on ensuring solution efforts are aligned – that everyone is pulling in the same direction. There is no easy fix, so we want to explore the challenge from all angles. The objective of the day is to understand the challenges from the perspective of employees and employers, what opportunities exist, and possible solutions to overcome these challenges. Our agenda is set up to facilitate these discussions.

Pulling together works better

Our first panel, Workforce Challenges and Opportunities, will explore real challenges from an employee perspective. With these challenges in mind, we will explore the resources available to support a quality workforce – now and into the future.

Panel members include:

  • Jill Flynn-Comeau, Youth Pathways, Tri-County Regional School Board
  • Francine Thimot, Nova Scotia Works, Employment Services
  • Renette Muise, Workplace Education, Labour & Advanced Education

Our second panel, Recruiting Challenges and Opportunities, will dive into the challenges employers face when trying to recruit workers. With this perspective, we will uncover challenges and resources available to business at various stages of growth.

Panel members include:

  • Dr. Michel Comeau, Principle Dentist at SouthWest Dental
  • Christie MacDonald, HR Manager, Yarmouth Web.com
  • Kelly Lanigan-Gavel, HR Manager, Comeau Sea Foods Ltd.

After these informative sessions, everyone will participate in a hands-on shared learning activity which will:

  • explore expectations and experiences of both employers and employees, learning what expectations are there and how they can align, and
  • provide practical tools for planning and communication for improved understanding, leading to clarity and improved productivity.

We will of course share lessons learned in upcoming blogs!

Register for our 4th Annual Summit HERE.

People and prosperity

The team members at the Western REN have been busy bees lately planning our 4th Annual Summit, Landing Talent, which takes places October 17th, 2017, at the Clare Veterans Center.

Some of our team members are originally from Western NS, while some have moved here from other areas throughout Canada. But, one thing we all have in common, we are all committed to the region. We’ve all made a conscious decision to live our lives here. We live in Western NS because we have deep ties to the region, or because we love the more rural lifestyle and all that it represents.

However, economies must be resilient to survive. Living in a rural area means our economy is based on traditional resources, which must adapt in order to withstand changing pressures such as: global economies, price of oil, climate change, and international trade agreements.

RENs were created to ‘guide and navigate’ economic development. Well what does that mean? Supposing economic development refers to the ‘prosperity of a place”, then the Western REN’s focus is to help the Western region prosper.

To help the region prosper, means we need to know what assets we own as a region. It means we need to know our local strengths, which are people, the fishery, and affordable land, to name a few. Our local weaknesses, which are youth out-migration, our aging infrastructure, and a declining labour force. We need to be realistic about what opportunities our region is actually ready for. It’s also crucial that we identify what opportunities we still need to prepare for, such as renewable energy and information technology in rural areas.

We also need to plan: what can we do with our strengths, are there entrepreneurs or investors who would fill our weaknesses, where/what are the markets for the opportunities we already have, what investments would be needed to be ready for other opportunities.

Resource based economies are dependent on a large, reliable workforce and with so many young people leaving the region, many employers are experiencing limited growth.

The Western REN has made workforce a priority issue. Western REN has been learning about the specific regional challenges and has started working with employers to improve their access to local employment services and their workplace productivity.

Because workforce is vital to the prosperity of the region, it will be the theme at our upcoming summit: Landing Talent.

Employers, employees (and potential employees), and employment service providers are encouraged to register for this event. The day will include panel discussions on the perspective from both the employers and the employees with real life examples of their challenges, and some of the solutions.

To register for this FREE event, click HERE.

 

What does it take to make change happen?

The Western REN is a partnership between the Province and the Municipalities and Towns of Yarmouth and Digby Counties, as well as the Municipality of Barrington. As a rural region with a small population, we must collaborate to achieve the goals of the region together. Each partner involved in the Western REN has its own perspectives and strengths when it comes to economic development, and we work together to affect change in the region. But, what type of change do we require as a region?

Municipal leaders at this week’s Association of Municipal Administrators – Nova Scotia (AMA-NS) Fall Conference are exploring topics of perception, change, disruption, and attracting and retaining talent; challenges that have a particular impact on Nova Scotia’s rural areas.

So, knowing that our municipal leadership is exploring these same questions, where do we start? The world economy has been disrupted by big changes in technology, which can create big opportunities, as well as big challenges. Rural areas based on traditional industries, like Western NS, often struggle with keeping up with the changes. Open the Uber app anywhere in Nova Scotia, and you’ll get the note: Unfortunately, Uber is currently unavailable in your area. How can our rural regions implement change to help us “catch up” –  especially when staying stable is a challenge in itself? Western NS is seeking to overcome challenges of high infrastructure costs (high speed internet), out-migrating youth, and population decline.

What does it take to make change happen? How do we begin to shift our perceptions of change while continuing to respect and maintain our rural traditions?

The Western REN believes in people! Success requires partnerships and a positive, friendly, productive business environment. People are the heart and soul of the region. We must play to our own strengths, and people are Nova Scotia’s greatest strength.

By working together in partnerships, instead of in isolated silos, and by approaching old problems from new angles and sharing risks to implement new solutions, we can find innovative and exciting ways to not only catch up to the future, but be leaders in innovation ensuring a lasting impact for the Western REN’s business community.

Small Business Tax Changes

By now, you’ve probably heard of government’s new proposals to change the way corporations are taxed. If you own a business in Canada, a recent proposal by the Federal Government could have an impact on you and your business. This would be the most significant tax change in decades. If your business is incorporated, you may face a higher tax bill and more restrictions as a result.

Not sure what these changes mean? The proposed changes could affect you if you:

  1. Employ family members; The government wants to reduce income splitting and will make all family members who are employed by the company pass a reasonable test
  2. Invest the profits of your business; The federal government is proposing to tax that income at an effective rate of 70%.
  3. Want to pass your business to your children; New rules will make it harder for children to get the capital gains exemption.

The Western REN encourages all business owners to learn more. Our friends at the Chamber of Commerce network along with the Canadian Federation of Independent Business are taking the lead on this issue and have good information resources. For more information visit their websites.

CFIB (Canadian Federation of Independent Business)
http://www.cfib-fcei.ca/english/article/9615-unfair-federal-tax-changes.html

Atlantic Chamber of Commerce
http://www.atlanticchamber.ca/

For specific information on how individual business models will be impacted, please contact professional accounting firms.

Partnering for Progress

The Western REN team recently attended Partners for Progress, the 2017 Nova Scotia Regional Enterprise Network Conference at the MacAulay Conference Centre in Baddeck.

MacAulay Conference Centre at Inverary Resort, Baddeck

Over 140 people attended from all over Nova Scotia, including people from local governments, provincial and federal agencies involved in economic development, and of course our partners from other RENs across Nova Scotia.

Highlighted projects from each REN underscore the collective impact of collaboration – especially in rural areas of the province.  Our work is designed to make regional Nova Scotia a more attractive place for investment. Participants explored new opportunities to partner across sectors and between geographies.

The Western Regional Enterprise Network (Western REN) is 1 of 5 Regional Enterprise Networks (RENs) in Nova Scotia. RENs provide regional economic leadership and help develop regional economic strategies, while supporting small, local businesses. RENs bring together business communities, the province, municipalities and other groups involved in economic development.

The Regional Enterprise Networks connect resources and fill gaps – not duplicate work. Our shared mission is “to guide and navigate regional economic development”.

The RENs also share core activities. RENs proactively align with government strategies and form partnerships with regional stakeholders, all in support of local business growth and new investments. The trick is effective partnering and aligning goals, especially in rural regions where resources are scarce. This should lead to less overlap and fewer gaps.

The RENs have a focused scope of what work we do. How we do the work is defined by stakeholders who know the region best. The Western REN’s work is mapped out in our Western Regional Strategic Plan (available at www.westernren.ca/knowledge-suite/).

The Western REN was the first to implement its Regional Economic Development Strategy. Now in the second year of our three-year plan, our strategic themes are: Business Retention &; Expansion, Investment Readiness, and Innovative Partnerships & Communications.

We provide important information on business issues – challenges faced, lessons learned, and opportunities for growth. This work also develops our relationship with business owners and economic development partners; who are learning the value of working with us.

By planning and partnering regionally, we are preparing the ground to ensure Investment Attraction efforts bear fruit. A regional approach increases our capacity to respond effectively to investment opportunities, by accessing a greater pool of people, infrastructure, and community assets.

We understand that developing relationships is not simply a warm and fuzzy activity. Those relationships – and building the trust – are very real and crucial components to a vibrant and resilient regional economy.

Hello September!

Hello business owners, local actors, stakeholders, and economic development friends!

We are pleased to announce that the Western Regional Enterprise Network (Western REN) is starting weekly blog series. Each week we will share a little bit more about what the Western REN does, update you on what we’re up to, and to share relevant info from the region.

We’d like to start this series by answering the question we get asked most often:

What is the Western REN?

Formed in 2014, The Western Regional Enterprise Network (Western REN) is a public organization governed by a private sector board of directors. Our mandate is to guide and navigate regional economic development while supporting business growth in communities.

We provide important information on business issues – challenges faced, lessons learned, and opportunities for growth. This work also develops our relationship with business owners and economic development partners; who are learning the value of working with us.

We constantly network, develop relationships, and innovate solutions to challenges in the regional business climate. The Western REN is a partnership between the Province and the Municipalities and Towns of Yarmouth and Digby Counties, as well as the Municipality of Barrington.

Image of Western REN regional boundaries.

We fulfill our mandate through three Strategic Themes.

  • Our BusinessNow work directly supports enterprises at a range of life-cycle stages.
  • Our work with municipal partners focuses on Investment Readiness, ensuring the region can respond effectively to investment inquiries.
  • Finally, recognizing that economic development work happens in a system, not in isolation, the Western REN focuses on Innovative Partnerships & Communications.

What does the Western REN do?

We Inform

We are the hub for regional economic information, which we share with all partners and the business community.

We Connect

We create opportunities for businesses, entrepreneurs, innovators, and policy makers to work together towards overcoming regional economic challenges.

We Accelerate

We identify trending patterns of barriers and successes for the business community, and we bring that information to sector groups, economic development partners and government to work towards solutions.

We Believe In

The WREN is part of the network of provincial Regional Enterprise Networks (REN). The RENs connect resources and fill gaps. Their shared mission is “to guide and navigate regional economic development” which compliments municipal and provincial efforts.

People: Success requires partnerships and a positive, friendly, productive business environment. People are the heart and soul of the region.

Diversity: The Western REN focuses on understanding the needs and issues of our business community and uses diverse and innovative approaches to sustainable solutions, through partnerships.

Entrepreneurship & Innovation: The Western REN applies an attitude of collectively accepting responsibility for learning from failures and successes, then using lessons for innovative solutions.

Embracing the Rural Lifestyle: The Western REN respects rural roots. Many solutions, programs and initiatives offered by the Western REN will be sensitive to the rural nature of community partners.

Partnerships: A core strategic theme, partnering taps into the authenticity and resiliency of the region’s businesses and people, ensuring a lasting impact from the Western REN’s activities.