Economic Opportunity

Economic opportunity is access to stable employment and entrepreneurial opportunities for all Peel residents.

Economic opportunity is not only about job creation, but also about the impact of the changing nature of the labour market, the impact of technology and climate change on current and future jobs.

Goal

  • Stable, non-precarious employment opportunities
  • Reduced systemic barriers, including inequitable access to stable non-precarious employment and good quality education for marginalized and equity seeking groups

Desired Change

Short-Term (1-3 Years)

  • Increased presence of Community Benefits Agreements (CBA) tied to economic opportunities for marginalized and equity seeking groups in Peel
  • Increased number of Living Wage Employers

Intermediate (4-7 Years)

  • Greater advocacy to decrease systemic barriers to stable non-precarious employment for marginalized and equity seeking groups
  • Increased education and training opportunities that create a pathway for future good jobs
  • Improved education and integrated community based programs that increase the level of achievement and success for students of marginalized and equity seeking background
  • Increased understanding of the impact of the changing labour market on Peel's work force

Long-Term (8-10 years)

  • Increased entrepreneurial, micro lending and social enterprise opportunities

Strategic Actions

Short-Term (1-3 Years)

  • Lead the creation of the Peel Community Benefits Network for publicly funded capital projects
  • Partner with stakeholders to implement CBA with targets and outcomes for marginalized and equity seeking groups
  • Create a Living Wage campaign that promotes living wage and recognize living wage employers
  • Partner with anchor institutions to promote the purchase and procurement of food that are locally grown and produced, as well as goods and services

Intermediate (4-7 Years)

  • Partner with Peel school boards to develop and implement school and community based programs that increase the level of achievement and success for students of marginalized and equity seeking background
  • Partner with stakeholders to promote, develop and implement equity and inclusion tools that ensures employment practices are fair and free of prejudice for marginalized and equity seeking groups

Long-Term (8-10 years)

  • Advocate for good public and private sector jobs
  • Partner with stakeholders to pilot and micro lending or social enterprise opportunities
  • Partner with stakeholders to apply poverty reduction lens to the education system that create a successful pathway to future good jobs for students
  • Mobilize anchor institutions to apply poverty reduction lens in their organizations' hiring processes