County of Wellington Credit Review July 13, 2020 Credit Review 2020 Welcome
Economic Development Focus and Highlights
Socio Economic Profile
Jobs and Employment
Municipal and County Investments
Development Activity
Outlook Wellington County Population: 99,200 Economic Profile 2019 ▸ Population projected at 140,000 by 2041 ▸ 7 Municipalities surrounding the City of Guelph ▸ Land: 2,610 km2
▸ Assessment Base ($M): 18,501 (2019) 19,828 (2020) ▸ Unemployment Rate: 3.32
▸ Households: 34,930
▸ Average Household Income: $119,363
▸ Businesses: 3,890
▸ Labour Force: 55,558
▸ Employment: 48,378
▸ Local GDP (real, $M): 4,073
▸ Value of Building Permits ($M): 441
▸ Housing Starts: 572
▸ 2019 Highlights Smart Cities win in May 2019: $10 Million Infrastructure Canada ▸ Ride Well Rural Transit Service launched October 1, 2019 (MTO funding $500,000) ▸ SWIFT $12.1M announced in 2019, projects awarded in January 2020 ▸ Wellington County Community Improvement Programme (CIP) Adopted by Member ▸ Municipalities and Launched Attainable Housing Strategy Completed in November 2019 ▸ Economic Development Three-Year Plan 2019- 2021 approved ▸ Taste Real Local Food Programme ▸ Talent Attraction and Labour Force Assistance ▸ Marketing Wellington County
▸ Demographics: Population + Households Source: County Planning Population Population Households Municipality Households 2019 2041 2019 2041
Centre Wellington 31,490 52,310 11,590 18,690 Mid-2016: 90,880 Erin 12,160 15,865 to 18,905 4,220 5,385 to 6,340 ▸ Guelph Eramosa 13,890 14,575 4,680 4,940 End of 2019: Mapleton 99,200 11,310 14,060 3,280 4,235 ▸ Minto 9,410 12,810 3,390 4,610 Puslinch 8,130 9,655 2,900 3,335
Wellington North 12,810 17,685 4,870 6,590 Wellington 99,200 34,930 County 140,000 48,740 Average Household Income Source: Manifold Data
2019 Average Household Income 2019 Average Total Income of Households Compared Ontario, $106,649 $160,000 $135,743 $140,000 $130,696 Wellington County, $119,363 $119,363 $120,000 $114,149 $106,649 Centre Wellington, $110,275 $100,000 $91,093 $92,265
Erin, $147,506 $80,000
Guelph/Eramosa, $141,060 $60,000 $40,000 Mapleton, $109,390 $20,000
Minto, $86,929 $0 Grey Perth Ontario Dufferin Wellington Waterloo Halton Puslinch, County County County County Region Region $187,317 Excluding Excluding Cambridge, Oakville and Wellington North, $84,002 Kitchener Burlington and Waterloo Labour Force by Municipality Source: Manifold Data
Labour Force % of County % of Population Municipality 2019 Labour Force in Labour Force Centre Wellington 16,823 30.3% 53% Erin 7,620 13.7% 63% Guelph Eramosa 8,501 15.3% 61% Mapleton 6,108 11.0% 54% Minto 5,057 9.1% 54% Puslinch 4,645 8.4% 57% Wellington North 6,804 12.2% 53% Wellington County 55,558 100.0% 56%
Labour Force: 53,974 (2018), 55,558 (2019) 2.9 % increase
▸ Job Growth Source: EMSI Analyst
% Change # Business Municipality 2015 2016 2017 2018 2019 2015-2019 2019 Centre Wellington 12,206 12,443 12,175 12,626 12,835 4.9% 1553 Jobs were 45,305 in 2015 and grew Puslinch 6,595 6,850 6,004 6,575 6,918 4.7% 227 to 48,378 in 2019 Wellington North 7,161 7,110 7,398 7,578 7,685 6.8% 474 resulting in 6.4% Guelph/Eramosa 6,420 6,563 6,914 7,077 7,267 11.7% 453 growth Minto 4,410 4,692 4,924 4,904 4,886 9.7% 388 2.2% Job Growth Mapleton 4,589 4,402 4,049 4,289 4,415 -3.9% 308 2018-2019 Erin 3,924 3,958 4,346 4,271 4,372 10.2% 487 County of Wellington 45,305 46,018 45,810 47,320 48,378 6.4% 3890 Occupation by Industry (2018-2019) Source: EMSI Analyst % of Total Jobs Employment in Industry Group Change % Change Occupation Description in Industry 2015 2018 2019 2018 - 2019 2018 - 2019 Group (2019) Trades, transport and equipment operators and related occupations 9,521 9,967 10,262 295 3.0% 21% Sales and service occupations 8,573 9,146 9,306 161 1.8% 19% Management occupations 6,545 6,085 6,372 286 4.7% 13% Business, finance and administration occupations 5,489 5,739 5,760 21 0.4% 12% Occupations in manufacturing and utilities 4,421 4,834 4,886 53 1.1% 10% Occupations in education, law and social, community and government services 3,252 3,369 3,445 76 2.2% 7% Natural and applied sciences and related occupations 2,205 2,383 2,392 9 0.4% 5% Health occupations 1,905 2,112 2,156 45 2.1% 4% Natural resources, agriculture and related production occupations 1,859 1,884 1,973 88 4.7% 4% Occupations in art, culture, recreation and sport 1,037 1,090 1,153 63 5.8% 2% Unclassified 499 711 672 (40) (5.6%) 1% 45,305 47,320 48,378 1,058 2.2% 100%
Please note employment totals may not add up due to municipal data categories with insufficient data Major Sectors of Employment (2018-2019) Source: EMSI Analyst
Jobs Jobs Jobs 2015-2019 2018 - 2019 2018 - 2019 % of Total NAICS Description 2015 2018 2019 % Change # Change % Change Employment 31-33 Manufacturing 7,776 8,359 8,577 10% 218 3% 17.7% 23 Construction 5,162 5,552 5,666 10% 113 2% 11.7% 44-45 Retail trade 3,834 4,188 4,338 13% 150 4% 9.0% 11 Agriculture, forestry, fishing and hunting 5,186 4,228 3,961 (24%) (267) (6%) 8.2% 62 Health care and social assistance 3,645 3,937 3,937 8% 1 0% 8.1% 48-49 Transportation and warehousing 2,804 2,898 3,178 13% 280 10% 6.6% 41 Wholesale trade 2,505 2,769 2,793 11% 23 1% 5.8% 72 Accommodation and food services 2,208 2,607 2,585 17% (21) (1%) 5.3% 54 Professional, scientific and technical services 2,325 2,300 2,393 3% 93 4% 4.9% 56 Administrative and support, waste management and remediation services 2,058 2,258 2,372 15% 114 5% 4.9% 81 Other services (except public administration) 2,232 2,094 2,210 -1% 116 6% 4.6% 61 Educational services 1,679 1,990 2,053 22% 63 3% 4.2% 71 Arts, entertainment and recreation 909 919 1,052 16% 134 15% 2.2% 91 Public administration 975 771 782 (20%) 11 1% 1.6% 52 Finance and insurance 736 727 725 (1%) (2) 0% 1.5% X0 Unclassified 442 711 672 52% (40) (6%) 1.4% 53 Real estate and rental and leasing 496 452 513 4% 61 14% 1.1% 51 Information and cultural industries 398 286 292 (27%) 5 2% 0.6% 21 Mining, quarrying, and oil and gas extraction 109 123 117 8% (5) (4%) 0.2% 22 Utilities 52 71 74 43% 3 5% 0.2% 55 Management of companies and enterprises 62 62 67 8% 6 9% 0.1% 45,650 47,320 48,378 6% 1058 2% 100.0%
Please note job totals may not add up due to municipal data categories with insufficient data Top 20 Corporate Taxpayers in 2020 Source: County Treasury TOP 20 CORPORATE TAXPAYERS IN 2020 Municipality Owner Business Type Puslinch Nestle Canada Inc. Food Processing/Water Plant Puslinch Summit (7474 McLean Road) Ltd Freezer Plant/Distribution Centre Wellington Skyline Retail & Real Estate Holdings Shopping Centre / Apartments Minto TG Minto Corporation Automotive Parts Plant Centre Wellington Jefferson Elora Corporation Automotive Parts Plant Mapleton Wallenstein Feed & Supply Grain Handling Wellington North Musashi Auto Parts Canada Automotive Parts Plant Puslinch Con-Cast Pipe Ltd Other Industrial / Precast Pipes Mapleton Darling International Canada Food Processing Plant Centre Wellington RMM Fergus Property Inc. Big Box Super Centre Puslinch Royal Canin Canada Company Pet Food Processing Plant Guelph/Eramosa Coldpoint Properties & Industrial Park Standard Industrial Wellington North Sharon Farms & Enterprises Nursing Homes Puslinch Mammoet Crane (Assets) Inc. Head Office / Garage Facility Centre Wellington Nexans Canada Inc. Heavy Manufacturing Centre Wellington Riocan Holdings Inc. Neighbourhood Shopping Centre Puslinch 1056469 Ontario Inc. (c/o Pentalift) Industrial Manufacturing Wellington North Golden Valley Farms Inc. Food Processing Plant Puslinch Russel Metals Inc. Heavy Industrial Wellington North Sligo Road Limited Large Industrial Wellington County Top Employers Source: Municipal EDOs Employees Business Sector Municipality 800 + County Of Wellington Government Wellington County TG Minto Manufacturing Minto 500 - 599 Jefferson Elora Corporation Manufacturing of Automotive Parts Centre Wellington Musashi Auto Parts Canada Inc. Manufacturing of Automotive Parts Wellington North 400-499 Nestle Waters Canada Manufacturing of Soft Drinks Puslinch Mammoet Crane Crane Rental, Heavy Lifting, Transport Specialist Puslinch 300 -399 Dana Long Corp Manufacturing of Thermal Products Wellington North Schneider National Transportation Puslinch 200 -299 Walmart Supercenter Retail Centre Wellington Wallenstein Feed & Supply Ltd Agriculture Mapleton Wellington North Health Care Health Care Wellington North Elora Mill Inn, Banquet Facility and Spa Centre Wellington Zehrs Retail Centre Wellington Concast Inc. Manufacturing of Concrete Piping Puslinch Nexans Canada Inc. Manufacturing of Electrical Cabling Centre Wellington Groves Memorial Community Hospital Health Care Centre Wellington Walinga Inc. Transportation Guelph Eramosa Cascade Canada Ltd Manufacturing of Material Handling Equipment Puslinch Royal Canin Canada Manufacturing of Dog and Cat Food Puslinch 100 - 199 Slots At Grand River Raceway Casino Centre Wellington Viking-Cives Ltd Manufacturing Wellington North East Gen / Semex Agriculture Guelph Eramosa Pentalift Equipment Corp Manufacturing of Loading Dock, Materials Handling Equipment Puslinch Polycorp Limited Manufacturing of Engineered Polymer Products Centre Wellington Wellington County Top Employers Source: Municipal EDOs Employees Business Sector Municipality 100-199 Capital Paving Inc. Paving Contractor Puslinch UGDSB - Minto Education Minto Llewelly Security Security Systems And Technology Puslinch UGDSB - Wellington North Education Wellington North Danby Products Ltd Manufacturing of Appliances Guelph Eramosa Denny Bus Lines Transportation Erin Drexler Construction Ltd Construction Guelph Eramosa Pike Lake Golf & Country Club Recreation Minto Maple Leaf Food Food Storage Puslinch Quality Engineered Homes Design and Manufacturing of Homes and Cottages Wellington North Cherry Forest Products Manufacturing of Lumber, Hardwood And Softwood Pallets, Skids and Crates Puslinch Centre Wellington Government Centre Wellington RR Donnelly Business Forms Printing Centre Wellington Vintex Inc. Manufacturing Of Coated Textile Fabrics Wellington North Golden Valley Farms Inc. Food Processing Wellington North Strathcona Long Term Care Health Care Wellington North Caressant Care Nursing Home Health Care Wellington North Centre Wellington High School Education Centre Wellington Rothsay - Darling International Agricultural Recycling Mapleton Caressant Care Harriston Health Care Minto Pintar Manufacturing Erin Wightman Telecom Ltd Telecommunication Minto Puresource Inc. Manufacturing and Distribution of Natural Wellness Products Guelph Eramosa Murray Group Ltd Paving Contractor Mapleton Edward Jones Financial Puslinch Wellington County NEW Business
Centre Wellington Minto Alpine Bookkeeping Studio Brows+ County Vape BBQ Bite Creek Line Bombay Hub, Sports Bar and Tandoori Grill Elora Doggy Daycare Cardenos Grill Fergus Computer Upgrades and Repairs Fergus Pharmacy and Compounding Centre Guelph Eramosa Gus Social Bistro and Bar Bistro Barolo Magic Pebble Children's Bookstore Gamble Farms The Cheshire Cat Bed and Breakfast Inner Joy Getaways Inc. Corner Crest Hair Salon and Barber, Drayton Wendy’s Restaurant Elora Distilling Company Elora Distilling Company Wellington North Ergo Advantage Inc. RAMS Industries Ltd. Gents & Kings Barber Lounge Silver Fox Distillery MrsGrocery.com Centre Wellington The Eco Den The Old Hound Mapleton Trinessa Real Estate In, (AEM) Erin Pepprell Distilling Company Gourmet Garden Organics Corner Krest Hair Salon and Barber Organic Art Tattoo Inc. PINE CREEK Event Rentals Red's Barber Shop Pho Erin Viet-Thai Restaurant Puslinch The Red Harp Pub Burger King Inner Joy Getaways Inc., Inverhaugh Trucking facility The Eco Den, Mount Forest Photo Source: Company Facebook Pages Municipal Economic Development Efforts
2019 Business Retention and Expansion Projects: Investment Readiness Project (CW), CIP funding
▸ (GET), Municipal Signage (Mapleton), LaunchIt Business Incubator (Minto), Brand Implementation (Puslinch), Investment Attraction + Downtown Revitalization (Wellington North) New Economic Development Strategies for Centre Wellington, Erin Economic Development
▸ Strategic Plan for 2020-2023 Centre Wellington invested in the purchased of 53 acres of industrial land in Fergus. Mapleton’s
▸ Drayton Industrial Drive next phase serviced and sold lots Community Improvement Plans active in all seven municipalities ▸ Centre Wellington, new policy for distribution of Casino profits directed to Economic Development
▸ Puslinch purchased and began implementing a Community Engagement Platform
▸ Wellington North began construction on the Arthur Wastewater Treatment Plan ($750K FCM
▸ Grant, $5M loan) 2019 Development Activity Summary/Highlights 2019 New Residential Permits Issued
Single Semi Municipality Row House Apartment Total Overall, 82% of Detached Detached building permits Centre Wellington 171 2 33 34 240 issued for new Erin 17 0 0 0 17 residential units in Wellington County Guelph-Eramosa 91 0 53 0 144 in 2019 took place Mapleton 20 0 1 0 20 in settlement Minto 35 10 7 3 55 areas, which is an increase from 69% Puslinch 41 0 0 0 41 in 2018.. Wellington North 15 8 32 0 55 Wellington County 390 20 125 37 572
Year 2014 2015 2016 2017 2018 2019 Source: County Planning, 2019 Performance Measures, Land Use New Residential Permits 326 431 665 551 359 572 Planning 2019 Residential Development Activity 5 years 2015-2019 Residential Residential Residential Residential Residential Municipality Construction Values Construction Values Construction Values Construction Values Construction Values 2015 2016 2017 2018 2019 Centre Wellington $52,311,270 $108,938,000 $100,840,192 $52,183,667 $116,203,982 Erin $19,458,000 $24,725,950 $5,782,000 $9,955,000 $9,723,351 Guelph/Eramosa $20,784,203 $34,043,193 $25,939,150 $22,127,000 $44,693,486 Mapleton $12,126,450 $12,946,700 $12,066,000 $20,390,550 $15,382,600 Minto $8,983,000 $14,068,000 $16,782,000 $19,035,000 $19,622,000 Puslinch $29,000,000 40,043,377 $50,714,481 $56,533,879 $51,223,868 Wellington North $8,077,969 $14,995,550 $11,534,170 $17,934,700 $12,223,950 Total $98,429,622 $209,717,393 $223,657,993 $179,808,301 $269,073,237 Residential Highlights
Housing development in 2019 across the County: Granwood (152 units), Ospringe (60 ▸ units), Minto (51 units), Fox Run phase 2 proposals, Rockwell (60 units), Mount Forest (34 units). Guelph Eramosa Sub-division: Currently building out a 230 unit sub-division within ▸ Rockwood. 70% of the permits have been issued and about 30% is occupied. Known as “Rockwell Estates” Puslinch: New subdivision and condominium proposals in 2020. Current Subdivisions being ▸ built include Morriston Estates. Audrey Meadows, Heritage Lake. Excellent residential year in Centre Wellington and with a strong year expected ▸ for 2020 Photos Sources: Rockwell Estates, Rockwood. Stewart’s Landing, Morriston promotion materials 2019 Agricultural Development Activity 5 years 2015-2019 Agricultural Agricultural Agricultural Agricultural Agricultural Municipality Construction Values Construction Values Construction Values Construction Values Construction Values 2015 2016 2017 2018 2019 Centre Wellington $7,813,800 $8,938,550 $5,238,000 $19,803,400 $19,803,400 Erin $1,523,700 $2,078,500 $18,237,500 $2,151,900 $1,801,500 Guelph/Eramosa $4,141,700 $2,273,428 $5,835,700 $1,992,000 $3,009,771 Mapleton $22,428,515 $17,945,062 $35,903,023 $31,006,660 $21,700,370 Minto $6,655,000 $3,293,000 $4,752,000 $11,951,000 $6,189,000 Puslinch $922,000 $215,000 $720,000 $2,090,224 $295,000
Wellington North $5,207,000 $8,511,353 $10,632,500 $14,030,400 $13,237,300 Total $48,691,715 $43,254,893 $81,318,723 $83,025,584 $66,036,341 Agricultural Highlights
University of Guelph Beef Research Facility $8.2 million ▸ Announcement for new $15 million Swine Research Facility ▸ Agriculture investment continues strong with new ▸ builds and additions to farm operations across the sector
University of Guelph Beef Research Facility 2019 Industrial Development Activity 5 years 2015-2019
Industrial Industrial Industrial Industrial Industrial Municipality Construction Values Construction Values Construction Values Construction Values Construction Values 2015 2016 2017 2018 2019 Centre Wellington $9,136,000 $2,442,000 $3,972,000 $884,000 $10,900,000 Erin $656,000 $3,621,000 $0 $1,018,000 $0 Guelph/Eramosa $3,930,000 $1,475,500 $505,000 $5,120,000 $4,498,000 Mapleton $17,674,200 $1,097,500 $7,887,000 $28,449,850 $4,337,500 Minto $1,500,000 $950,000 $5,172,000 $1,930,000 $5,506,000 Puslinch $553,000 $0 $0 $0 $0 Wellington North $2,848,990 $926,000 $1,439,000 $8,407,500 $8,515,000
Total $27,162,190 $10,512,000 $18,975,000 $45,809,350 $33,756,500 Industrial/Manufacturing Highlights
Jefferson Elora Corp, $10 million addition, adding 25 jobs ▸ Mapleton: Arjune Engineering and Manufacturing Inc. ▸ Musashi Auto Parts, 25,000 sq. ft. addition to plant 2 completed and ▸ started a 47,000 sq ft. addition to plant 1 in 2019 New Fergus Industrial Park announced
▸ 2019 Commercial Development Activity 5 years 2015-2019
Commercial Commercial Commercial Commercial Commercial Construction Values Construction Values Construction Values Construction Values Construction Values 2015 2016 2017 2018 2019
Centre Wellington $7,946,533 $14,497,000 $5,441,533 $11,721,166 $26,553,800
Erin $215,778 $60,000 $0 $79,950 $75,000
Guelph/Eramosa $2,246,000 $1,782,000 $786,000 $131,000 $67,500
Mapleton $2,717,800 $487,000 $31,600 $982,000 $1,645,000
Minto $400,000 $605,000 $247,000 $328,000 $2,158,000
Puslinch $1,315,000 $1,964,095 $1,778,000 $4,852,281 $7,895,000
Wellington North $1,204,800 $3,630,800 $875,975 $4,108,250 $3,421,300
Total $6,894,578 $23,025,895 $9,160,108 $22,202,647 $41,815,600 Commercial Development Highlights
Grand River Raceway, restaurant and conference facility $4.5 million addition ▸ and renovation New $3.25 million retail complex in Fergus: FreshCo, Nail Salon, Dollarama, Grand River Raceway Expansion. Photo Source via Facebook ▸ Dairy Queen Trailside Medical, $7.5 million, 3 story building and Doctor’s offices in Fergus ▸ Ron’s Auto Service, new $1 million construction ▸
Fergus FreshCo Complex. Photo Source via Facebook 2019 Institutional Development Activity 5 years 2015-2019 Institutional Institutional Institutional Institutional Institutional Municipality Construction Values Construction Values Construction Values Construction Values Construction Values 2015 2016 2017 2018 2019 Centre Wellington $3,901,000 $1,500,000 $7,128,000 $123,781,000 $1,326,000 Erin $0 $25,000 $30,000 $246,000 $350,000 Guelph/Eramosa $5,509,865 $132,000 $101,561 $483,980 $46,186 Mapleton $679,702 $9,500 $350,000 $6,000 $615,000 Minto $6,062,000 $2,476,000 $1,583,000 $240,000 $1,420,000 Puslinch $0 $0 $0 $0 $0 Wellington North $825,000 $1,939,000 $13,254,500 $255,000 $14,614,300 Total $16,977,567 $6,081,500 $22,447,061 $125,011,980 $18,371,486 Institutional Development Highlights
Louise Marshall Hospital, Mount Forest $18.5 million expansion ▸
Groves Memorial Community Hospital $127.5 million ▸ continued construction and opens in August 9, 2020
Images sourced from The Wellington Advertiser, Photo Credit: Mike Robinson, Kelly Waterhouse Investments happening in 2020
Jefferson Elora Corporation, 72,000 sqft addition ▸ Guelph Eramosa: CEVA, a Poultry Vaccine Manufacturer, 50,000 sqft expansion broke ▸ ground in April 2020 Arjune Manufacturing and Promar Construction building in the Mapleton Industrial Park ▸ TG Minto, 50,000 sqft industrial addition ▸ Puslinch: Concast new office building, Royal Canin expansion, Aberfoyle Snowmobiles ▸ expansion, Nexcycle new warehouse for glass recycling Arthur Wastewater Treatment Plant under construction ▸ Guelph Eramosa: CG Equipment began building a heavy equipment repair garage in March 2020 ▸ 2020 Keep Well Emergency Business
▸ Sustainability Fund Community Futures Development Corporation Findyourjob.ca ▸ Business Support, Funding, Shop
▸ Local, Street Patios… Local Food Promotion, Farmers’
▸ Markets Smart Cities 10-Point Recovery Plan ▸ Western Ontario Warden’s Caucus
▸ Collaboration Good News Stories
• Copernicus Educational Products - gifted Palmerston hospital with training tools • Elora Distilling Co - making hand sanitizer as first product • Grand River Raceway - GRR launch campaign to feed frontline workers. Helping Hungry Heroes campaign supports local businesses through purchasing gift cards for healthcare workers • Ignatius Jesuit Centre - Providing free kitchen space and leftover kitchen products to SEED volunteers to prepared meals for food emergency suppliers • Jim Estill (Danby) - launched Ventilators for Canadians, which looks to make sorely needed ventilators using off-the-shelf parts. • Local Egg Farmers - Local food banks and community groups received a share of nearly 11,000 eggs donated through egg farmers in Wellington, Grey, Bruce and Dufferin Counties • Pepprell Distilling/Hilwood Santizer - New distillery in Mapleton makes switch to hand sanitizer production • Silver Fox Distillery - Making sanitizer for front line workers • Spartec Composites - ramped up production and processing of PPE materials utilizing their machinery to help produce filters and masks, sneeze guards, splash shield and face shields. • Thatcher Farms - Providing space in their parking lot for Strictly Organic Gardens to sell their products during Farmers' Market closure • The Elora Café - raised money on crowdfunding to make meals and donate to frontline workers • Tim Hortons Erin – Owner donated 100 gift cards with East Wellington Community Services • Trusscore Material Science (MSW Plastics) - Manufacturing panels, designed to enable hospitals to quickly create “rooms” to wall off COVID-19 patients from those with other ailments • W&T Mushroom Farm - donating extra produce to the local food bank and neighbours of the farm • Wellington County Libraries - staff producing face shield parts with crickets for frontline workers Crystal Ellis BA, CMM III Director of Economic Development County of Wellington [email protected] 1.519.837.2600 x2525