Community Profile Welcome Message from Mayor Henry Table of Contents
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Community Profile Welcome Message from Mayor Henry Table of Contents Welcome to Oshawa, Canada’s eastern gateway to one of North America’s most Access and Connectivity 3 Cost Competitiveness 13 Key Sectors 25 dynamic metropolitan areas. 2017 was a blockbuster development year for the city Diverse Economy 5 Educational Assets 15 Advanced Manufacturing 26 with over $600 million in new building permits, a year in which the city set 10 building Growing Economy 7 A Laboratory for Urban Innovation 17 Health & Biosciences 28 records; a first in Oshawa’s history. Our city is projected to have the highest 2018 GDP A Growing Community 9 Downtown 19 Energy 30 growth in Ontario, placing our community in the top 5 for GDP growth across Canada. Talent 11 Entrepreneurship 21 Information Technology 31 Our employment base grew 4% last year with 2,700 jobs and 477 new companies. Logistics 32 Our city continues to chart a path of a remarkable economic transformation, marked by growth in areas such as healthcare, education and advanced manufacturing. With the growth of assets in our community, our businesses and academic partners continue to contribute to high quality job growth and a highly educated talent pool. With a population of 167,000 residents, Oshawa is the largest city in Durham Region. The Oshawa Advantage Our city offers the best of both worlds—the amenities and opportunities of a thriving urban centre combined with the lifestyle of a connected community featuring diverse culture, Oshawa’s competitive advantage is derived from seaway, air and commuter services ensure passengers unrivaled transportation infrastructure, affordable living and great employment prospects. Talent, Access and Value. Local businesses continue to and freight have convenient access to North American The 2018 Oshawa Community Profile highlights our many achievements, opportunities thrive based on these economic drivers: and global markets. With GO Transit and 407 expansions well underway, Oshawa is making and presents a compelling business case for investing in our amazing city. Companies Talent Oshawa is host to approximately dramatic upgrades to transportation infrastructure. that are located in Oshawa enjoy access to a highly skilled and continuously growing 25,000 bright minded University and College students workforce, connected infrastructure, state-of-the-art research facilities and a business- studying at three top ranking postsecondary Value Oshawa companies enjoy the benefits friendly environment. You will find a rich blend of global companies complimented with institutions: Durham College, Trent University Durham associated with doing business in Ontario, Canada. innovative start-ups and long standing family owned businesses. and the University of Ontario Institute of Technology According to KPMG Competitive Alternatives, Canada (UOIT). Market-driven education focused on As a lifelong resident and former business owner, I am proud to call Oshawa home. I invite has one of the lowest costs of doing business in the technology coupled with globally renowned research you to visit us to discover how you can become part of our amazing success story. world, including a very generous R&D tax treatment facilities show why our graduates are sought after by and the second lowest business costs among the G7 top companies. countries. According to The World Bank, Canada is Access Oshawa businesses enjoy access to a the easiest place to start a business in the G20. connected and integrated transportation system offering Locally, Oshawa offers development incentives, all modes of transportation. Oshawa’s roads, rail, affordable real estate and business-friendly services. Mayor John Henry Located on the north shore of Lake Ontario, Oshawa is Durham Region’s hub for business, transportation, education and Québec entertainment and the gateway to the Greater Toronto Area (GTA). Access and Connectivity Sudbury Montreal Ottawa Distance to Major Centres Local expansion and growth in transportation Port of Oshawa OshawaOshawa Toronto Toronto, ON 60 Km/37 mi infrastructure give the city more North American In 2017 the Port of Oshawa handled over 400,000 Hamilton Boston Buffalo, NY London Rochester 222 Km/138 mi exposure and global reach than ever before. Oshawa metric tonnes of regular cargo such as steel, potash Buffalo Detroit Washington, DC 841 Km/522 mi provides access to and is part of four of the top five and salt. This represents a 9% increase in regular New York City Cleveland Ottawa, ON 392 Km/243 mi public infrastructure projects currently underway in cargo over 2016. Cement has now joined the list of Pittsburgh Philadelphia Indianapolis Windsor, ON 410 Km/254 mi Canada: the Highway 407 extension, the Darlington Baltimore regular cargoes. In addition 11,500 cubic metres of Cincinnati Montreal, QC 486 Km/302 mi nuclear plant refurbishment, the GO Train extension to Washington D.C. special projects, which included Nacelles and Hubs New York, NY 805 Km/500 mi Bowmanville and the Port Hope area nuclear for windmills, were received. Oshawa’s rail spur is Boston, MA 848 Km/527 mi remediation. These projects represent nearly $16 billion utilized for steel shipments out west and dimensional Chicago, IL 880 Km/547 mi in public investment. moves. With Highway 401 only two kilometres away, Atlanta, GA 1,598 Km/993 mi the Port of Oshawa is truly intermodal. Major Highway Infrastructure Kingston Oshawa has two 400 series highways, including the Oshawa Executive Airport recently extended Highway 407: The Oshawa Executive Airport’s main runway was Oshawa ONTARIO • The first phase of the Highway 407 extension, rehabilitated in 2017. The project was completed which opened last year and included a new on-time and within five weeks. The Oshawa Executive Kitchener-Waterloo Highway 412, is already seeing approximately Toronto Airport plays a key role in our local economy and Hamilton 40,000 vehicles per day, improving travel times supports corporate, medical, police, military and MICHIGAN Rochester Syracuse across this growing region. recreational needs for Durham Region, the Greater • The new addition to Highway 407, including two Toronto Area and southern Ontario. NAV Canada Niagara Falls Sarnia London Buffalo new interchanges, will allow even more commuters recently invested $8 million to construct a new control NEW YORK and families travel across the region faster. tower at the airport. Detroit • The final phase, scheduled to open by 2020, will Urban Centre Windsor connect Highway 407 to Highway 35/115 and Airport Border Crossing includes Highway 418, which will provide an Major Highway additional north/south connection from Highway 407 to Highway 401. 2 Community Profile Access and Connectivity3 Lakeridge Precision Inc. offers mass production, prototyping, and fabrication for original equipment Automotive Centre of Excellence (ACE) manufacturers worldwide. They also provide reverse engineering from existing parts. Diverse Economy Oshawa is about to become home to Kruger Products has leased a 300,000 square foot warehouse and distribution facility for their facial tissue, the most comprehensive aerodynamic The City of Oshawa continues to benefit from a significant economic transformation which reflects knowledge paper towel, bathroom tissue and napkin products. and thermal test centre in the world. sector employment needs. While manufacturing remains a strong area of employment in Oshawa, health services jobs have increased by 45% over ten years. Jobs in educational services have increased by nearly Triad Metals has completed construction on a 40% over the same period. These new and emerging sectors now represent over 25% of Oshawa’s total $12 million, 165,000 sq. ft. wholesale steel The University of Ontario Institute of employment base. Oshawa’s sector diversity and accelerating population growth creates sustained economic distribution facility. Proximity and access to the Port of Technology’s, ACE research centre is a one-of-a- stability for the community and a solid foundation to build upon. Local academic partners such as The Oshawa's multi-modal facility was a key factor in kind research facility with a full range of testing, University of Ontario Institute of Technology, Durham College, Trent University Durham GTA & Queen’s Triad Metals International choosing this location. educational and research labs. ACE is getting University lead the way by providing a sustainable stream of exceptional new talent into our market every year. Concentrix Canadian Head Office (formerly known as ready to add a Moving Ground Plane—a giant Minacs) is one of Oshawa’s largest employers with belt that acts as a road moving under a vehicle, approximately 1,000 staff. They provide customer simulating the aerodynamic forces against support for automotive and financial brands including moving vehicles, and measuring physical General Motors and American Express. Concentix staff characteristics in real-world conditions. helped victims of Hurricane Harvey in Texas and The university’s unique ACE facility's climatic Louisiana, fielding calls from people reaching out to the wind tunnel possesses extreme weather American Red Cross and through OnStar. capabilities along with a large yawing chassis 3S International has its international head office in dynamometer that can test properties in Oshawa and has been serving the North American, crosswinds. The research facility also has a solar Middle East and South Asian Countries since 2001. array to replicate the effects of the sun, and is Specializing in