Perth South COMMUNITY PROFILE WELCOME to PERTH SOUTH

Perth South COMMUNITY PROFILE WELCOME TO PERTH SOUTH

Owen Sound

TABLE OF CONTENTS “Job prospects, active living opportunities and Barrie LOCATION...... 3 Transportation the affordable cost of living were all things that I factored into wanting to move to Perth OUR COMMUNITY...... 4-5 Map County. Perth South is an ideal place to live

400 OUR PEOPLE...... 6-7 because I can have that space, but I’m still 6 to Ottawa Population & Demographics close to London and the Kitchener-Waterloo 4 86 Education 1 Household Income Goderich Listowel area, making it an easy and scenic drive Toronto Housing Prices 23 to events and conveniences without being St. Jacobs 5 8 PERTH Milverton 4 3 401 WORKFORCE & INDUSTRY...... 8-9 Lake Huron Guelph bothered by everything that comes with large COUNTY Waterloo Labour Force Mitchell 1 2 5 Kitchener 6 4 Lake Ontario Business Size and Industry population sizes.” Stratford 7/8 Farm Size and Type Hamilton Grand Bend 21 St. Marys New York UTILITIES...... 10 7 403 QEW Electricity Rates USA 4 Natural Gas Rates Niagara Falls Port Huron 402 3 2 Sarnia INVESTMENT...... 11 London Tax Rate Comparison Buffalo GREG Provincial Corporate Income Tax MECHANICAL Michigan USA Federal Corporate Income Tax ENGINEER 40 BUSINESS RESOURCES...... 12

Lake Erie Lake St. Clair 401 Detroit Windsor

Perth County Economic Development and Tourism Office 2 t 519-271-0531 ext 150 e [email protected] 50 km ra di us from perthcounty.ca Pe rth C ounty 2 | perthcounty.ca Perth South is centrally located in mid-western Ontario.

Approximately 6.0 million people live within Perth South is well served by three carriers providing daily 250 kilometres (150 miles) of Perth County. passenger and freight rail services and is located within a Less than an hour drive to Stratford, the Town 1.5 hour drive of five international shipping ports. of St. Marys, Ingersoll, London, Woodstock, There are five international airports that serve the region Kitchener, and Waterloo, Perth South has a all located within a 1.5 hour drive equipped to handle trade market area of over 900,000. corporate, freight and recreational flights. More than half of the North American industrial market is within one day’s trucking distance.

STRATEGIC LOCATION

Owen Sound

1 Toronto2 3 Pearson4 5 International Airport Barrie

1 2 London3 4 International5 Airport Region of Waterloo 1 2 3 International4 5 Airport

1 2 3 4 Hamilton5 International Airport 400 1 2 3 4 5 Stratford Municipal Airport 6 to Ottawa

4 86 1 Rail Goderich Listowel 23 Toronto Highways St. Jacobs 5 8 PERTH Milverton 4 3 401 International Border Lake Huron Guelph COUNTY Waterloo Crossing Mitchell 1 2 5 Kitchener 6 4 Lake Ontario Stratford 7/8 Hamilton Grand Bend 21 St. Marys New York 403 QEW 7 USA 4 Niagara Falls Port Huron 402 3 2 Sarnia London Buffalo Michigan 1 University2 3 4 of Waterloo5 6 USA Stratford Campus 40 1 2 Conestoga3 4 5 College6 Stratford Campus

Lake Erie 1 2 3 Western4 5 University6 Fanshawe College Lake St. Clair 401 Detroit Waterloo University Windsor 1 2 3 4 Wilfrid5 6 Laurier University Conestoga College

1 2 3 4 5 Guelph6 University 2 50 km ra 1 2 3 4 5 6 McMaster University di us Mohawk College from Pe rth C ounty perthcounty.ca | 3 OUR COMMUNITY

Perth South is a prosperous community with the highest average household income in the county and 3810 residents. Residents enjoy a high standard of living and Perth South has a great deal to offer its businesses. Innovation abounds in the entrepreneurs that call Perth South home. Businesses such as Maple Leaf Foods, Klomps Home & Garden, Abundant agricultural McCully’s Hill Farm, Stonetown Artisan Cheese, McLean Taylor production in Perth South Construction, Stratford Farm Equipment and Hoffmeyers Mill have has resulted in the area made a name for themselves well beyond Perth County. being referred to as A largely rural community with a strong agri-business sector, “Ontario’s food basket”. Perth South has a broadband fibre service available to homes and businesses, provided by community-owned Quadro Communications, connecting these successful businesses to their worldwide customers.

4 | perthcounty.ca Healthcare N Sebringville Perth South is well equipped with 7 hospitals, clinics, long-term care and Provincial Road 8 26 retirement facilities nearby. 3544 County Road H 32 Stratford General Hospital Local Paved Road 3716 Stratford St. Marys Memorial Hospital Local Gravel Road Railway Avonton 2875 112 2 KM 1.25 20

MILES 3923 130 Kirkton St. Pauls Harmony 26 7/119 8 2890 163 113 960 3943 3300 23 Perth South 2325 9 581 H 4780 118 1200 151 139 4624 St. Marys

1757 Wildwood Conservation 139 Area is a 3,500 acre TRAFFIC COUNTS outdoor playground 7 managed by the 1234 Numbers marked on map indicate average number of vehicles Upper Thames on road over a 24 hour period. River Conservation Authority and visited by over 150,000 people annually. Education The Avon Maitland and Huron-Perth Catholic 3 elementary schools 7 post-secondary District School Boards are two progressive options within school boards that are cultivating the potential of our future generation. 3 secondary schools 1 hour drive

perthcounty.ca | 5 OUR PEOPLE

Population 3,810 (Source: Stats Can, 2016)

AGE 0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+

POPULATION 390 540 450 335 505 720 515 255 115

$0-4 K 10 Household $5-9 K 10 Income $10-14 K 15 (Source: Stats Can, 2016) $15-19 K 20 $20-29 K 70 $30-39 K 75 $40-49 K 100 $50-59 K 100 $60-79 K 195 $80-99 K 200 $100-124 K 180 $125-149 K 150 $150+ K 265

6 | perthcounty.ca Education Attainment Major Field of Study (Source: Stats Can, 2016) (Source: Stats Can, 2016) Education 105 320+ Skilled Trades Visual & Performing Arts 45 Humanities 40 1150+ College & University Social Sciences & Law 140 Business, Management & Public Administration 180 Life Sciences & Technology 25 1060+ Secondary School Mathematics & Information Science 20 Engineering & Related Technology 390 Agriculture & Natural Resources 180 Health & Related Fields 305 Protective & Transportation Services 100

Housing Prices Median House Price (Single Detached) (Source: Homeprice Index, Huron-Perth Real Estate Board)

2001 2006 2011 2016 2016 2016 Perth Perth Perth Perth Provincial Greater South South South South Average Toronto $216,190 $306,318 $314,730 $504,487 $534,848 $1,015,067

perthcounty.ca | 7 “I moved from Switzerland to seize the opportunities in Perth South. It’s also a beautiful place to raise a family. I love the small town vibe combined with the vast rural landscapes. It’s the perfect spot.” RAMON MASTER CHEESE MAKER

WORKFORCE & INDUSTRY

Participation Employment Unemployment

PERTH Labour Force COUNTY 74.2% 74.2% 3.0% Participation ONTARIO (Source: Stats Can, 2016) 64.7% 59.9% 7.4%

Labour Force Labour Force Agriculture 465 Utilities 10 by Occupation by Industry Construction 240 (Source: Stats Can, 2016) (Source: Stats Can, 2016) Manufacturing 365 Wholesale 110 Trades & Transport 490 Retail 285 Management 475 Transportation 100 Sales & Service 375 Information 10 Business & Finance 260 Finance 60 Manufacturing 210 Real Estate 20 Education, Law & Government 190 Professional Services 100 Natural Resources 190 Administration 75 Health 150 Education 140 Sciences 60 Health Care 225 Art & Sports 50 Arts & Entertainment 60 Accommodation 80 Other 85 Public Administration 30

8 | perthcounty.ca Most of Perth South is prime agricultural land, with agriculture representing one of our most significant Industry economic and community assets. Agricultural practices (Source: Stats Can, 2016) interact with natural heritage features in a number of ways including: agricultural drainage, nutrient Agriculture 213 management, land clearing and tile draining for Utilities 1 agricultural production and the pasturing of livestock. Construction 40 Manufacturing 13 Wholesale 10 Business Sizes Retail 17 (Source: Business Register, 2016) Transportation 13 Finance 12 # of Employees # of Businesses Real Estate 86 1-4 101 Professional Services 21 Management 9 5-9 33 Administrative 10 10-19 15 Educational 4 Health Care 6 20-49 13 Arts & Entertainment 6 50-99 5 Accommodation 1 Other Services 13 100-199 1

Perth South is often referred to as “Ontario’s food basket” as it is one of the region’s 408 farms main producers of pork, beef, poultry, dairy products, cash crops and organic produce. in Perth South Farms by Size Farms by Industry Group (Source: Census 2016) (Source: Census 2016)

Number of acres Number of farms Beef cattle ranching and farming 21 Under 10 Dairy cattle and milk production 51 10-129 Hog and pig farming 26 Poultry and egg production 30 130-239 Sheep and goat farming 4 240-559 Other animal production 28 Oilseed and grain farming 207 560-1119 Vegetable and melon farming 7 1120+ Fruit and tree nut farming 2 Greenhouse, nursery and floriculture 5 Other crop farming 27

perthcounty.ca | 9 “Quadro Communications Inc. is a locally owned and operated independent telephone and broadband service provider. Since 1924 our visionary members have supported and engaged us to be leaders in communication technologies.” CHARMAINE KESTLE BUSINESS OFFICE MANAGER

UTILITIES

Perth South enjoys a rural lifestyle while being globally connected. Quadro Communication’s Fibre Optic Network was named a “top performing broadband provider,” received the “Smart Rural Community” and “Internet Service Provider of the Year” awards, and was the first Canadian company to receive Rural Broadband Association’s “Gig Certified” recognition due to its capability to deliver Gig service to any customer on their fiber optic network.

Electricity Base Charges Electricity Rates ¢/kWh (Source: Hydro One, 2017) ¢/kWh (Source: Hydro One, 2017)

Residential 22.86 Residential 13.20

Small Commercial 23.84 Small Commercial 13.20

Large Commercial 102.71 Large Commercial 13.20

Natural Gas Base Rates Natural Gas Rates ¢/m3 (Source: Hydro One, 2017) ¢/m3 (Source: Hydro One, 2017)

Residential 21.00 Residential 0.04

Small Commercial 70.00 Small Commercial 0.04

10 | perthcounty.ca Tax Rates (Source: Municipal Websites, 2017)

Assessment Class Code Ratio General Rate Residential/Farm RT 1.0000 0.00456681 Commercial Occupied CT 1.2469 0.00569436 Commercial New Construction XT 1.2469 0.00569436 Commercial Excess Land CU 0.8728 0.00398605 Commercial Vacant Land CX 0.8728 0.00398605 Industrial Occupied IT 1.9692 0.00899296 Industrial New Construction JT 1.9692 0.00899296 Industrial Excess Land IU 1.2800 0.00584543 Industrial Vacant Land IX 1.2800 0.00584543 TAXES Pipelines PT 1.6391 0.00748546 Farmlands FT 0.2500 0.00114170 Managed Forests TT 0.2500 0.00114170

Tax Rate Comparison Data (Source: Municipal Websites, 2017) New Construction Region Industrial (Industrial) Commercial Residential

Perth County: Perth South 2.8 2.6 2.0 0.9 Perth County: North Perth 3.4% 3.2% 2.4% 1.2 Perth County: Perth East 2.9 2.6 2.1 0.9 Perth County: West Perth 3.1 2.8 2.2 0.9 Waterloo 3.2 3.0 3.2 1.1 Kitchener 3.3 3.0 3.2 1.1 London 3.7 3.4 2.6 1.4 Woodstock 4.9 4.6 3.9 0.1 Stratford 4.8 4.5 3.8 1.4 St. Marys 4.5 4.2 3.0 1.4

Provincial Federal Corporate Income Tax Corporate Income Tax (Source: Canada Revenue Agency 2018) (Source: Canada Revenue Agency 2018)

General 11.5% General 15%

Small Business 3.5% Small Business 15%

Manufacturing Manufacturing 10% 15% and Processing and Processing

Investment 11.5% Investment 10.5%

perthcounty.ca | 11 Business Resources

The Stratford-Perth Centre for Business offers advisory services and training for new and existing small business in all sectors. stratfordperthbusiness.ca Perth Community Futures provides business support through customized loan programs. perthcfdc.ca Partners in Employment works with job seekers and employers to match talents and skills to employer’s recruitment needs. partnersinemployment.on.ca Conestoga Career Centre provides job search We invite you to contact Perth County’s economic assistance, career advice, job postings and education development and tourism office. We can provide you and training information to the public. with the guidance you need to locate and grow in conestogac.on.ca/caa/careercentre Perth County. We’re here to support you with: Stratford Accelerator Centre is focused on n Site selection accelerating the growth and maturation of early-stage n Grant and loan programs technology and digital media companies. acceleratorcentre.com n Statistics, maps, demographics, and community information Technical Training Group provides skills training programs necessary for professional trades, including n Connections to local landowners, developers, welding apprenticeship training. municipal offices, and real estate technicaltraininggroup.org/ n Business start-up and expansion resources n Labour strategies n Training providers Reach out to us today. Your business is our pleasure!

Perth County Economic Development & Tourism Office 1 Huron Street, Stratford, Ontario, Canada, N5A 5S4 t 519-271-0531 ext 150 e [email protected] perthcounty.ca