COMMUNITY PROFILE

CANADA’S BEST PLACE TO LIVE

COMMUNITY OF INNOVATION

Sheridan CollegeSheridan’s Faculty of Animation, Arts and Design is Canada’s largest arts school and is recognized internationally for its outstanding animation program. The campus is also home to the Canadian Theatre Project, an incubator for new musicals, and was the starting point for the Broadway musical Come From Away.

Oakville Trafalgar Memorial Hospital (OTMH)Opened in December 2015, OTMH is a best-in-class health care facility employing over 2,000 people. The hospital holds a teaching partnership with McMaster University and features the latest in patient care technology, including advanced automated laboratory testing.

Small Business EcosystemOakville boasts an extensive ecosystem of agencies, programs, and services to support small business at every stage of growth.

Oakville, Ontario is a growing community located in the west-end of the Greater Toronto Area (GTA). The town’s welcoming population, access to education, and strong job market have earned Oakville the number one spot in MoneySense Magazine’s Best Place to Live 2018 ranking.

Oakville’s prime location in the centre of Ontario’s Greater Golden Horseshoe provides companies with immediate access to national and international transportation networks.

USA

LAKE ONTARIO

TORONTO

OAKVILLE

201,200POPULATION

AVERAGE HOUSEHOLD INCOME

169,786AVERAGE AGE

39.7Source: Statistics Canada. 2017. Census Profile. 2016 Census.Source: Town of Oakville.

#2 in GTA for % of residents with bachelor-level

or higher educationSource: Statistics Canada. 2017. Education Highlight Tables. 2016 Census.

UNEMPLOYMENT RATE

5.03%Source: Environics Analytics. 2018 Estimates.

EMPLOYED

111,628Source: Environics Analytics. 2018 Estimates.

POST-SECONDARY ATTAINMENT

79.4%Source: Statistics Canada. 2017 Census Profile. 2016 Census. Population aged 25 to 64, post-secondary certificate, diploma or degree.

Oakville’s high quality of life has attracted a community of talented, diverse, highly-educated individuals. Compared to surrounding municipalities, Oakville has one of the highest percentages of residents with bachelor-level or higher education in the GTA.

COMMUNITY OVERVIEW

Oakville Trafalgar Memorial Hospital

OPPORTUNITIES AND INVESTMENTS MAP

Employment Lands

Nodes and Corridors

Regional Transit Node

Health Oriented Mixed Use Node Study

GO Stations

Coworking

New – Office

New – Industrial

New – Infrastructure

Hospital

Sheridan College

The Oakville Opportunities and Investments Map provides an overview of the latest development activity, infrastructure investment, and opportunities for site selection and relocation.

DEVELOPMENT ACTIVITY

Since 2010, Oakville has averaged 500,000 sq. ft. of new commercial and office development each year, providing space for companies like Aviva Canada and PCL Constructors Canada to relocate.

NEW COWORKING SPACES

New to the small office market are two coworking spaces: Alternawork near Bronte GO and ACE Coworking in Downtown Oakville. These new facilities opened in 2017 and provide flexible space for start-ups and entrepreneurs.

GO TRANSIT IN OAKVILLE

Oakville’s all-day, two-way GO service was enhanced in September, now offering commuters 15-minute mid-day connections to downtown Toronto.

VIRTUAL TOURVisit investoakville.ca to take a virtual tour of the Opportunities and

Investments Map. Explore photos and links to additional information using

this interactive tool, and learn more about what’s happening in Oakville.

Knowledge-based jobs make up the core of Oakville’s employment market. The town has both the highest share of knowledge-based and institutional jobs, and the highest number of jobs in the Professional, Scientific, and Technical Services in all of Halton Region.

Source: Halton Region. 2017. Employment Survey Results.

TOP EMPLOYMENT INDUSTRIES

HIGHLY SKILLED WORKFORCE

OAKVILLE’S WORKFORCE SPECIALIZATION

Source: Environics Analytics. July 2018. Estimates. Percentage of Oakville population holding specialization in identified field of study.

Business, Management and Public Administration

Architecture, Engineering, and related technologies

Mathematics, Computer and information sciences

Social and Behavioural Sciences and Law

Health and related fields

22.96%

12.37%

12.06%

8.57%

4.87%

Retail TradeProfessional, Scientific and Technical Services

Finance and Insurance

Source: Environics Analytics. 2018 Estimates.

Healthcare and Social Assistance

Manufacturing

Oakville is home to a talented community of highly specialized professionals with the skills and experience to support knowledge-based industry growth.

TOP PRIVATE SECTOR EMPLOYERS

Ford Motor Company of Canada Suez Water Technologies & Solutions

Siemens Canada Ltd PwC

UTC Aerospace Systems Innomar Strategies – AmerisourceBergen

Aviva Canada AMEC

PCL Constructors Canada Canadian Tire Financial Services

Source: Halton Region. 2017. Employment Survey Results., Town of Oakville Economic Development Office. 2018. Single-site Employers.

OFFICE

18.9%Vacancy Rate

REAL ESTATE MARKET

INDUSTRIAL

5.5%Availability Rate

CBRE Marketview Snapshot. Q2 2018. Toronto Office and Industrial – Oakville.

Inventory18.1MSQ.

FT

Average Lease Rate

$19.39Average Net Rental Rate

$6.87 /SQ.FT

/SQ.FT

Inventory4.1MSQ.

FT

NUMBER OF BUSINESSES

The strength of the local economy lies in the diverse companies that have chosen to call Oakville home. In 2017, these companies added more than 3,000 new jobs to the community.

STRONG AND DIVERSE ECONOMY

Source: Statistics Canada. June 2018. Canadian Business Counts.

304Life Sciences

1,819Professional and Financial Services

831Digital Media and ICT

293Advanced Manufacturing

OUR SERVICES BUSINESS RETENTION AND EXPANSIONIndustry network and partnership opportunitiesCorporate calling program

RESEARCH AND ANALYSISEconomic, demographic, and sector data and analysis Competitive positioning research and monitoring Annual economic reporting

SITE SELECTIONRelocation and site selection services Information on land development approvals Database of available sites and buildings

INVESTMENT ATTRACTIONInvestment attraction marketing Lead servicing International Sister Cities initiatives

ECONOMIC DEVELOPMENT OFFICE

Oakville’s Economic Development team is available to provide guidance and support through every stage of business development.

www.investoakville.ca @InvestOakville Invest Oakville econdev@oakville.ca 905.845.6601