Halton’s Economic Review sees strong real estate and business investment in the Region.
Halton is an ideal choice for business and the Region has enjoyed significant real estate and business investment. There has also been tremendous growth in non-residential development in Halton over the past several years.
Businesses want to be in Halton. Whether it’s a professional office, a manufacturing facility or distribution warehouse, Halton offers the right mix of competitive taxes, a strong sustainable economy, an investment in infrastructure, including $289 million in roads alone, favourable business costs, proximity to market, talent availability, excellent services and quality of life.
Highlights from the 2013 Economic Review include:
- Halton’s unemployment rate dropping to 4.7% in 2013, significantly lower that the rest of the Greater Toronto Area (GTA) and Ontario which has rates at 8.1% and 7.5% respectively.
- New businesses, such as Toronto Premium Outlet Mall, Gypsum Technologies, Amazon.com, David Roberts Food, UPS Canada, Lowes Canada 800,000 square ft. warehouse, Target 1.2 million square ft. warehouse, Siemens, Price Waterhouse Cooper opening their doors in Halton, creating thousands of new jobs;
- Halton seeing a confident business outlook, with 91% of Halton businesses surveyed anticipating economic conditions in Halton improving or remaining the same over the next year;
- Ford Motor Company’s announcing its $700 million investment at its Oakville assembly complex, securing 2,800 jobs; and
- Halton remaining a cost competitive location within the Greater Golden Horseshoe area for new industrial and office development.
Click here for more information on Halton Region’s 2013 Economic Review or to see first-hand how Halton’s strong economy, transportation networks, collaborative communities and more are keeping Halton a great place to live and work.