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HomeMy WebLinkAboutECD 08-25 Report to Council Report Number: ECD 08-25 Date: October 27, 2025 From: Fiaz Jadoon Director, Economic Development & Strategic Projects Subject: Consulting Services for the Corporate Economic Development Strategic Plan File: A-1440-001 Recommendation: 1.That the proposal submitted by KPMG LLP, in response to Request for Proposal No. RFP2025-17 to prepare a Corporate Economic Development Strategic Plan, in the amount of $97,465.00 (net HST) or $108,230.27 (HST included) be accepted; 2.That the total gross project cost of $108, 230.27 (HST included) and total net project cost of $97,465.00 (net HST) be approved, in accordance with Section 10.04 (c), as the assignment is over $50,000.00; 3.That the Director, Economic Development & Strategic Projects be authorized to execute the Form of Agreement with the above mentioned consultant pursuant for Proposal No. RFP2025-17; 4.That the Director, Finance & Treasurer be authorized to finance the net project cost of $97,465.00 (net HST) from account 10050.502230; and 5.That the appropriate City of Pickering officials be authorized to take the necessary actions as indicated in this report. Executive Summary: The purpose of this report is to award Request for Proposal No. RFP2025-17 to KPMG LLP (KPMG) for the development of a new Corporate Economic Development Strategic Plan (2026-2030) for the City of Pickering. In accordance with Section 10.04 (c) of the Purchasing Policy PUR 010, consultant services exceeding $50,000.00 may be obtained with additional approval from Council. The purpose of this project is to build on the foundation established by the 2022 Corporate Economic Development Strategy and to respond to the City's evolving economic landscape, infrastructure investments, and strategic growth priorities. The City of Pickering, with a current population of over 118,000, is projected to grow to 155,000 by 2038. Strategically located at the intersection of Toronto, York Region, and Durham Region, Pickering lies at the heart of Canada’s largest labour market with over four million people within one-hour commute, providing businesses access to a large, skilled and diverse talent pool. The City is served by five universities and six colleges providing access to skills, training, and research assets across the spectrum. Pickering is also home to nearly 3,600 unique businesses with key sectors such as EN3 (energy, engineering and environment), advanced manufacturing, and logistics. ECD 08-25 October 27, 2025 Page 2 The updated strategy will guide economic development efforts from 2026 to 2030, with a focus on emerging sectors, regional and national competitiveness, and inclusive growth. It will address key themes and developments such as the refurbishment of the Pickering Nuclear Generating Station, future of the Federal Pickering Lands, development of the community of Seaton and Northeast Pickering, redevelopment of the City Centre, supply chain resilience, AI and digital industries, intelligent city planning, and international marketing. The strategy will also address infrastructure readiness projects, including high-order transit needs for the City, the widening of arterial roads, and improvements to provincial highways. A bid advertisement was placed on the City’s bids&tenders’ webpage and promoted on social media platforms. The RFP closed on September 12, 2025, with five proposals received. An evaluation committee composed of City Staff reviewed proposal against the criteria outlined in the RFP. Three proposals moved into the presentation and interview stage as per the RFP evaluation process. Following the competitive procurement process, the recommended proponent, KPMG, demonstrated strong qualifications, a tailored methodology, and a deep understanding of Pickering’s strategic context. The strategy will be developed through a phased approach, including background review, stakeholder engagement, strategy development, and presentation to Council. The final deliverables will include a comprehensive plan with actionable recommendations, performance metrics, and alignment with municipal, regional, and national priorities. Staff seek Council’s acceptance of the highest scoring proposal, submitted by KPMG, for Request for Proposal No. RFP2025-17 and approval to award consulting services to KPMG in the amount of $97,465.00 (net HST) or $108,230,27 (HST included) to prepare a new Corporate Economic Development Strategic Plan (2026-2030) for the City of Pickering. Relationship to the Pickering Strategic Plan: The recommendations in this report respond to the Pickering Strategic Plan Priority of Champion Economic Leadership & Innovation. Financial Implications: 1.Proposal Amount Proposal $95,779.00 HST (13%) $12,451.27 Total Gross Proposal Cost $108,230.27 ECD 08-25 October 27, 2025 Page 3 2.Estimated Project Costing Summary Proposal $95,779.00 HST (13%) $12,451.27 Total Gross Proposal Cost $108,230.27 HST Rebate (11.24%) ($10,765.56) Total Net Project Cost $97,464.71 3.Approved Source of Funds -Operating Budget Approved Code 10050.502230 10050.502230 Source of Funds Rate Stabilization Reserve Property Tax Approved Budget $95,531.00 $1,934.00 Required $95,531.00 $1,934.00 TOTAL $97,465.00 $97,465.00 Discussion: The purpose of this report is to award of Proposal No. RFP2025-17 to KPMG for the development of a new Corporate Economic Development Strategic Plan (2026–2030) for the City of Pickering. The City of Pickering is developing a new Corporate Economic Development Strategic Plan (2026-2030) in response to significant changes in market conditions, infrastructure investments, and regional and national economic dynamics. This updated strategy builds on the foundation of the 2022 Economic Development Strategy, developed by EBP US Inc., which has successfully guided the City’s economic development efforts over the past three years. The 2022 plan advanced key initiatives including the Innovation Corridor, targeted marketing and investment attraction efforts, the launch of the Small Business Hub, a formal business site visit program, enhanced stakeholder coordination, and the promotion of tourism through Destination Pickering. However, the economic landscape has evolved considerably, both locally and nationally, since its adoption. The City of Pickering is undergoing a period of transformative growth, driven by its strategic location at the intersection of Toronto, York Region, and Durham Region. Pickering is advancing major infrastructure, economic development, and residential initiatives that position it as one of Ontario’s fastest-growing municipalities. Key projects include the development of Seaton and Northeast Pickering, and the Pickering City Centre redevelopment. The City is also benefiting from significant investments in energy, transportation and healthcare, including the announcement of post-acute care hospital, and the expansion of broadband and transit networks. Cultural and tourism assets such as Durham Live, featuring the Porsche Experience Centre, further enhance Pickering’s appeal. These developments, supported by strategic partnerships and utility servicing expansions, are creating a dynamic environment for business, innovation, and community life. Moreover, the refurbishment of the Pickering Nuclear Generating Station represents one of Ontario’s most substantial infrastructure investments over the next decade. This multi-year project will extend the life of a critical clean energy asset, create thousands of high-skilled jobs, ECD 08-25 October 27, 2025 Page 4 and catalyze regional economic growth by attracting new businesses and increasing demand for housing, services, and infrastructure. Similarly, the recent review of the Federal Pickering Lands presents a rare opportunity to unlock a key site in the central GTA. These lands offer immense potential for a variety of uses including employment, innovation, agriculture, tourism, and investment. Together, these developments are reshaping Pickering’s economic landscape and reinforcing its role as a hub for innovation, sustainability, and inclusive growth. The City’s previous strategy, developed in the wake of the COVID-19 pandemic, focused on recovery and resilience. However, the current economic climate presents new challenges, particularly related to global trade dynamics and tariff-related risks that impact local supply chains and investment decisions. To remain competitive and inclusive in a rapidly evolving global economy, the City must now pivot toward strategies that strengthen supply chain resilience, support trade diversification, and enable intelligent city planning. Ultimately, the goal is to build a strong, resilient, and economically viable city for businesses and residents who choose to live, work, and thrive in Pickering. On August 22, 2025, the City issued RFP2025-17 for a Corporate Economic Development Strategy. The purpose of this request for consulting services is to prepare an actionable and measurable strategy that enables the City to: • build and sustain collaborative partnerships with stakeholders involved in enhancing the City’s economy; • review and enhance economic development initiatives including workforce development, business expansion and retention and investment attraction; • further develop and elevate the Invest Pickering brand including identifying high-impact marketing and digital engagements strategies; • assess economic risks and implement strategies to enhance resilience; • undertake sector development and provide targeted support activities; • develop framework to create and support small business and entrepreneurs in collaboration with community stakeholders; and • identify marketing opportunities for Pickering’s shovel ready land inventory. A bid advertisement was placed on the City’s bids&tenders’ webpage and promoted on social media platforms. The RFP closed on September 12, 2025, with five proposals received. An evaluation committee composed of City Staff reviewed proposal against the criteria outlined in the RFP. Three proposals moved into the presentation and interview stage as per the RFP evaluation process. Following a competitive procurement process, KPMG was selected as the successful proponent for RFP2025-17, having submitted the highest-scoring proposal to lead the development of the new strategy. KPMG is one of the world’s largest professional services firms, with a presence in 143 countries and a strong Canadian footprint through 46 offices. Its Canadian Public Sector Practice, comprising over 300 professionals, brings extensive expertise in municipal economic development, infrastructure advisory, and stakeholder engagement. ECD 08-25 October 27, 2025 Page 5 KPMG’s proposal reflects a strong understanding of Pickering’s strategic priorities and anticipated growth. Their team brings significant experience in crafting economic development strategies for rapidly evolving municipalities, with a proven track record that includes work with the Cities of Mississauga, Hamilton, and the Niagara Region. Their methodology combines comprehensive economic analysis, detailed sector profiling, and inclusive stakeholder engagement, all supported by proprietary analytical tools. The final deliverables will consist of a comprehensive plan outlining strategic goals, actionable implementation steps, performance metrics, and alignment with municipal, regional, and federal priorities. Staff recommend awarding consulting services to prepare the City’s new Corporate Economic Development Strategic Plan (2026-2030) to KPMG, in the amount of $97,465.00 (net HST) or $108,230.27 (HST included), to equip the City with a forward-looking, data-driven strategy that fosters sustainable economic growth, enhances competitiveness, and positions Pickering as a leading destination for investment and innovation. Attachments: None. Prepared By: Approved/Endorsed By: Original Signed By: Original Signed By: Hanif Thakor Fiaz Jadoon, Ec.D., CEcD, MPM, B.COMM Senior Officer, Economic Development & Director, Economic Development & Strategic Projects Strategic Projects Original Signed By John Original Signed By:Kavaratzis for: Cathy Bazinet, CPPB, NIG-CPP Stan Karwowski, MBA, CPACMA Manager Procurement Director, Finance & Treasurer ECD 08-25 October 27, 2025 Page 6 HT:la Recommended for the consideration of Pickering City Council Original Signed By: Marisa Carpino, M.A. Chief Administrative Officer