Economic Benefits

In addition to the social and cultural opportunities the centre will offer tourists, local artists, theatre-goers and the general public, the future arts centre will stimulate and support a creative economy. With its uniquelocation, the downtown arts and culture centre can become a major, stable tourist attraction with a varietyof programming. While it will support existing businesses, it will also enhance the creative economy whichhas the transformative power to spur innovation and new ventures in media, arts and related businesses.

Culture brings people together and in a creative economy, people, culture, and technology engage in creative processes that increase cultural value and address market objectives.

Since the last major mill closed in 2006, Cornwall has diversified its economy and become a major logisticscentre. The city has supported existing and new businesses and works closely with the Heart of the City and Le Village areas to update the faces of its commercial areas. Cornwall has undergone the post-industrial transformation with its population intact and its plans for a successful revitalization firmly in place. Tourism is
a significant piece of that revitalization and the arts & culture centre is poised to be its focal point, as well as
the matrix of the creative economy.