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PROFILES



                                                                                 “I had some people tell me don’t come to
                                                                                 Cambridge  because  you  can’t  break  into
                                                                                 that market.”
                                                                                 He quickly discovered this wasn’t the case
                                                                                 a ter becoming a Chamber member.
                                                                                 “It was an opportunity, I thought, to get to
                                                                                 know a business community and honestly,
                                                                                 I  didn’t  know  how  good  an  opportunity  it
                                                                                 was,”  says  Terry,  who  served  as  Chamber
                                                                                 board  president  from  1993  to  1994  and
                                                                                 following a short break rejoined the board a
                                                                                 few years later where he has remained as a
                                                                                 member of its Executive Committee serving
                                                                                 as treasurer.
                                                                                 Shortly  a ter  joining  the  Chamber,  it
                                                                                 wasn’t  long  before  this  self-proclaimed
                                                                                 ‘introverted accountant’ became part of the
                                                                                 organization’s Member Services Committee
                                                                                 –  one  of  many  committees  the  Chamber
                                                                                 had  at  the  time  –  which  was  responsible
                                                                                 for organizing its Business A ter Hours (now
                                                                                 Chamber Social) events.
                                                                                 “It was the most visible part of the what the
                                                                                 Chamber did,” says Terry, referring to these
                                                                                 monthly  events  in  which  local  business
                                                                                 leaders  gather  following  the  workday  to
                                                                                 mingle  and  network.  “I  eventually  became
                                                                                 Chair of that committee and began running
                                                                                 the Business A ter Hours which led to a seat
       Long-time Chamber board treasurer Terry Kratz has been involved with the organization since
       the 1990s.                                                                on the Chamber board.”
                                                                                 At  that  time,  he  says  the  Chamber  was
      Terry Kratz welcomed                                                       operating  out  of  its  former  office  at  the
                                                                                 Allan  Reuter  Centre  on  King  Street  East  in
      a new opportunity                                                          downtown  Preston,  which  opened  in  1966
                                                                                 and  prior  to  Cambridge’s  amalgamation
                                                                                 in  1973  had  housed  the  mayor’s  office,
                                                                                 council  chambers,  administration  offices,
                                                                                 police, and fire departments. The Chamber
      Taking a chance can sometimes         “I  hired  a  secretary  and  with  another   took  over  the  space  used  by  the  police
      pay off, just ask Terry Kratz.        EY  colleague  (Mary  Ann  Gaskin)  sitting   department  around  1980  and  remained  at
                                            over in a corner of the office, and here
      When he arrived in Cambridge to set up   we  were.  I  had  three  or  four  clients  in   that  location  until  moving  into  its  current
      a local office of Ernst & Young (now EY   Cambridge at the time, not very many.”  home at 750 Hespeler Rd. in 2001.
      Canada)  in  1989,  Terry  admits  he  didn’t                              “The Chamber rented, for very little money,
      know  what  to  expect  from  this  “new”   He says joining the Cambridge Chamber   a boardroom and a few offices,” says Terry,
      business  strategy  implemented  by  the   of Commerce was a strategic move that   noting  the  accommodations  in  the  former
      accounting giant to expand into smaller   made  sense  at  the  time  to  integrate   town  offices  were  extremely  basic.  “It  was
      communities.                          himself   into   the   local   business   just a cinderblock building.”
                                            community.
      “I  was  the  first  one  in  the  whole                                   Terry also fondly recalls the ‘colourful’ visitor
      organization to try this, so I guess I was   “All  of  a  sudden  I  went  from  being  an   services  trailer  the  Chamber  operated  at
      the  guinea  pig,”  laughs  Terry,  a  partner   introverted accountant, which I probably   this time – not far from its current location -
      at  HFK  McRae  &  Wilson  LLP,  before   still  am,  to  being  forced  to  become  a   to promote local tourism.
      describing  how  he  set  up  shop  in  the   salesperson and grow a business,” says   “It was only seasonal and operated during
      upper of level of an old Victorian house   Terry, admitting he had some trepidation   the  summer,”  he  says,  noting  at  this  time
      at 200 Hespeler Rd.                   prior to arriving here.

       14       Spring 2024                                                                            www.cambridgechamber.com
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