Halton Region’s 2013 Economic Review paints a positive picture of Halton as a location of choice for business and highlights the significant real estate and business investment in the region. It also illustrates the 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 than the rest of the Greater Toronto Area and Ontario;
· New businesses, such as Toronto Premium Outlets Mall, Gypsum Technologies, Amazon.com, David Roberts Food, UPS Canada and Lowes Canada, opening their doors in Halton, creating more than 1,000 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.
Please visit www.halton.ca/economicreview 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.