Economic Development

Main Street with Wayfinding Sign


Overall economic development strategies such as workforce development, strategic alliances and partnerships, business recruitment, tourism development, and downtown revitalization can contribute to a healthy and growing central business district.

Penetanguishene is home to major institutions such as the Waypoint Centre for Mental Health Care, the Central North Correctional Centre and the upcoming expansion of Georgian Manor/Georgian Village. With major industries like Techform Products and CCL Containers, Penetanguishene has a stable and skilled workforce to offer. Educational facilities include six (6) elementary schools and two (2) secondary schools, under the jurisdiction of five (5) different school boards. Georgian College campus is located in the nearby Town of Midland.

The tourist industry is also a major employer with five (5) marinas and home of the Ontario Marine Operators Association. The Town operates a Tourist Information Centre at the Historical Port of Penetanguishene with marina and launching ramp. The Town also has over 69 hectares (170 acres) of parkland, three ball fields, several playgrounds and kilometres of trails.

Downtown Improvement Area

A vibrant downtown is the goal of any municipality and features multiple uses, services, and events. The presence of these attributes creates a connection and competitiveness downtown resulting in a healthy and energized community. We have several programs happening in the downtown improvement area including:

Downtown Beautification Program

The beautification of the Main Street corridor will help to enhance the revitalization of the downtown, which is essential for a healthy and vibrant community. The Town of Penetanguishene works with a dedicated group of volunteers to help beautify the downtown every year and there are some great ideas planned for downtown beautification!

View this year's opportunities on ways that you can help out with Downtown beautification.


 EDCNS logo


Watch our national award-winning “The Magic of North Simcoe” video and download our “Invest in North Simcoe: A Region of Opportunity” profile today!

The Economic Development Corporation of North Simcoe (EDCNS) advocates as “one economic development voice” for the municipalities of Midland, Penetanguishene, Tay and Tiny (the Power of Four). Collaboration by knowledge sharing facilitates business investment.


EDCNS is a not-for-profit corporation governed by a Board of Directors which includes representation from each of the four municipal councils.  Through ongoing commitment with the County of Simcoe, the four North Simcoe municipalities and our talented Board of Directors, our dedication empowers continued opportunity, growth and economic prosperity. 


To promote and foster balanced sustainable economic growth in North Simcoe.

Key Deliverables

  1. Business Retention and Expansion (BR&E)
  2. Grow the economy through investment attraction and job creation
  3. Market the assets of our four municipalities within and beyond the County of Simcoe

Four Pillars

The EDCNS focus is on four key sectors: Advanced Manufacturing, Agribusiness, Healthcare, and Tourism (North Simcoe Tourism The regional focus (Power of Four) reinforces initiatives to drive growth and improve the environment for producing and marketing goods and services from North Simcoe.

North Simcoe is a dynamic region in central Ontario that is well positioned for investment, growth and development. It offers business and investors a strategic location, talented workforce and high value for cost.


Sharon Vegh, Economic Development Director
(705) 526-1371 x 114

Starting A New Business

Penetanguishene offers opportunity for a variety of businesses. Whether you are a small home based mom and pop or an industrial factory or anything in between, Penetanguishene has what you need!

If you are looking to start up or grow a business in the Town of Penetanguishene, view our Expand and Relocate page for more information and resources.

County of Simcoe Economic Development Office

Situated just north of the Greater Toronto Area stretching from the shores of Lake Simcoe to Georgian Bay, Simcoe County's combination of location, lifestyle and opportunity makes it a great place to live and do business. The region's diverse communities and natural amenities inspire residents and the business community.

With over 16,000 companies, the business community in the County of Simcoe is diverse and growing. These businesses are supported by a host of resources including 11 Chambers of Commerce, 4 Community Futures Development Corporations, 2 Small Business Centres, a Business Incubator, and many more business support organizations.

Visit the County of Simcoe Economic Development Office website for more information.