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Niagara Housing Market Highlights of , A large percentage of households in the Niagara Region have an annual income greater than CAD$93,600 Niagara Falls

Household ncome 0 10,400 20,800 31,20 0 41,6 0 0 52,000 62,400 83,200 93,600 93,600+ (CAD$)

Households 3.2% 7.8% 10.0% 10.3% 10.6% 9.3% 15.0% 10.8% 23.0% %

What They 50,000 100,000 150,000 200,000 250,000 300,000 400,000 Can Afford 50,000 500,000+ (CAD$) 100,000 150,000 200,000 250,000 300,000 400,000 500,000

Source: Niagara region (www.niagararegion.ca/about-niagara/default.aspx)

The cost of homes in the Niagara Region soared about 28% for 2 years consecutively Niagara Region average sale price of residential homes (comparison with May 2016)

600,000CAD 448,255 CAD 350,249 CAD 272,622 300,000CAD CAD LCN +28%

+28%

0CAD May2015 May2016 May2017 CANADA Source: MAY 2016 STATISTICS and MAY 2015 STATISTICS, Numbers of sales represents sales reported on Source: MAY 2016 STATISTICS and MAY 2015 STATISTICS, properties listed on the MultipleNumbers Listing Serviceof sales represents (MLS®) of sales the Niagarareported Association on properties of listed REALTORS® on the (NAR). Multiple Listing Service (MLS®) of the Niagara Association of REALTORS® (NAR). The Greater (GGH)

Huntsville The Greater Golden Horseshoe is one of ’s fastest growing regions. It is home to 9 million Lyons Creek Niagara (LCN) people, meaning that one quarter of all of Canada’s population lives here. It attracts one in three new immigrants to Canada. By 2041, it is forecasted to have a population of 13.5 million. This region is Canada’s 69 Greater Golden Lyons Creek Niagara (LCN) is 91(+/-) acres of prime most important economic engine, generating two thirds of Ontario’s and one-quarter of Canada’s Gross Horseshoe Domestic Product. The region’s 32,000 square kilometres includes some of Canada’s most productive property located in the City of Niagara Falls, Ontario Lake Huron Lake farmland, as well as world-renowned natural features, like the , the Greenbelt, and Simcoe Greater Golden Niagara Region the . Horseshoe Source: mah.gov.on.ca L a k e E r i e Erie 401 90 Belleville 79 Jamestown Olean 20 total Conneaut Corry 90 Bradford Warren Greater Toronto New York 1 unit = Growth Plan • Ontario, Canada Area CAD $10,000 Meadville Allegheny 6.3 million Toronto By 2041, the GGH is forecast to grow to 13.5 million people and 6.3 million jobs Oil City Pennsylvania 1 acre = 840 jobs. The magnitude and pace of this growth necessitates a plan for 79 4.5 CAD $132,000 million CANADA units building healthy and balanced communities and maintaining and improving 80˚ jobs 79˚ 13.5 78˚ Ontario million U.S.A. Toronto – New York 90 mins our quality of life while adapting to the demographic shift underway. people U.S.A. 9million Places to Grow is the Ontario government’s initiative to plan for growth people Toronto – Niagara Falls 120 mins Aiming at producing returns of 10% per annum and development in a way that supports economic prosperity, protects the 90 environment, and helps communities achieve a high quality of life. 2 011 2041 Niagara Falls – Buffalo, New York 30 mins within an approximate timeline of 10 years Source: placestogrow.ca Niagara Region Highlights Niagara Falls form the second largest waterfall in the world (after Victoria Falls in Africa), according to the Travel Channel. More than The Niagara region has the 2nd highest housing growth rate TOP 2 3 3 6 million ft (168,000 m ) of water go over the falls every minute. No.2 in Ontario next to Toronto, the capital of Ontario. Niagara Falls attracts approximately 22 million tourists each year.

The population of The Greater Golden Horseshoe (GGH) was nearly The Regional Municipality of Niagara, known as the Niagara 150% 9 million in 2011 and it is expected to increase by 1.5 times, to around 440k Region, is made up of 12 municipalities and has a population 13.5 million by 2041. of approximately 440,000.

Located in The Greater Golden Horseshoe (GGH), the 6th largest House prices in the Niagara Region rose approximately 23% 6th metropolitan area in North America. The growth plan for GGH 123% in 2016. implemented by the Ontario Government will be carried on until 2041.

Source: Ontario Ministry Of Economic Development, Growth Plan for the Greater Golden Horseshoe.

DISCLAIMER: The information contained in this document is for information purposes only. It is not an offer to sell securities or other instruments, nor a solicitation of an offer to buy securities or other instruments. This material may not be reproduced or distributed to any other person or incorporated in any way into another document or other material without the prior written consent of Trans Global Partners. Hill Rutherford Langstaff Milliken GO Transit ork niversity Finch CANADA Niagara Falls s 1 Old Cummer Agincourt own) GO Transit is the regional public transit service for 6 Lawrence East ons Cornea (Downr ont Over 22 million people visit Niagara Falls every year. Oriole MARKET OVERVIEW ThornOshat wDarlingt the Greater Toronto and Hamilton Area (GTHA) and it k ering Downsviewar k own on P Pic Aax - What makes Niagara Falls so impressive is the amount hener get Kennedy on ampt provides rail and bus routes extending to communities Kitc GuelphAct Geor Mount Pleasantr amalea owmanville reslau r Caledonia t - Rouge Hill y a of water flowing over. It’s the combination of height th loor Whitb on or ton t Davenpor Guildwood Oshaw across the Greater Golden Horseshoe. es es KITCHENER LINE Malt e N W padina Eglinton obicok nion carborough and volume that makes Niagara Falls so breathtaking. Et Mount tDennis Clair Wloor Danforth Ontario ty Village Gerrard Ontario’s government is investing $21.3 billion to Lisgar Liber Don ard-nilever WELLINGTON Kipling The Niagara generating stations supply one quarter LAKEHORE EAT LINE Meadowvale Dixie Exhibition implement the GO Regional Express Rail (RER) 400 Cooksville Mimico Osawa Milton treetsville Long ranch of all power used in New York State and Ontario. Erindale which will provide new travel options for millions MILTON LINE LAKE ONTARIO of commuters, build 12 new stations, drastically CANADA Tourism is fueled by new attractions, casino resorts Clarkson Nort York and a major convention centre. Niagara Falls is an Oakville increase the frequency of service, cut travel times carboroug ronte international leader in the hotel and accommodation Appleby urlington and help manage congestion in the Greater Toronto HAMILTON Aldershot and Hamilton area. GO network upgrades will also Bramton sector with continued significant investments in hotel, Hamilton West Harbour Casablanca Niagara Falls York ast York motel and related hospitality properties. LAKEHORE WET LINE include an extension commuter service from Hamilton Confederation t Catharines Source: niagarafallsbusiness.ca/business/; niagaraparks.com; to Grimsby by 2021, and to Niagara Falls by 2023. niagarafallsinfo.com Source: .com; news.ontario.ca ississauga

Queen Elizabeth Way (QEW) Toyota lant ilton Niagara Entertainment District 2 Niagara Falls is connected to major North American itcener Niagara Falls is home to blockbuster events and 7 Markets through an extensive highway system that Lake Ontario leading attractions. Visitors can stay in one of includes Ontario’s 400 series highways and the 1 Niagara’s fabulous high rise hotels with breathtaking (QEW), and I-90 Corridor Toyota lant falls views and luxury spas. Fallsview Blvd. is the providing access to much of the ’ 401 ultimate entertainment district with movie theatres eastern seaboard. The Queen Elizabeth Way (QEW) Niagara on New York like the famous IMAX and 3d/4d entertainment. is the oldest inter-city divided highway in Canada 2 te Lake Enjoy the ultimate Niagara Falls view at the Skylon that provides access to the United Statesoodstock at Niagara 4 Tower. Fallsview Casino Resort is the greatest 3 UA Niagara Falls entertainment facility featuring the Falls and Fort Erie. Businesses in Niagara Falls can 403 tCatarines reach more than 2,000,000 consumers in less than best in entertainment with over 250 shows per year an hour by road, making the city ideal for logistics, and boasting fine and casual dinning restaurants, distribution, retail and even service industries. City of gaming fun for those 19+, shopping and vibrant live Source: The City of Niagara Falls Business Development – Community Profile; 5 Niagara Falls entertainment. thekingshighway.ca elland Source: niagarafallstourism.com; niagarafallsbusiness.ca

Thundering Waters “Paradise” General Motors (GM) St. Catharines Propulsion A group of Chinese investors confirmed a $100-million 3 Plant 8 investment over 450 acres of land near the The General Motors (GM) St. Catharines Engine Thundering Waters Golf Course. The project called and Transmission Operations facility is one of North ‘Paradise’ is an integrated, mixed-use proposal that America’s largest engine and transmission plants. combines residential developments, rentals, time- Once ready, St. Catharines products are shipped to 9 National Border Line shares, commercial and recreational components, different GM assembly plants across North America. education, spa and tourism as well as marina use More than $1.7 billion have been invested there in along the River. Upper Vista Condos is the past 20 years in enhancements to engine and another billion-dollar development project that transmission powertrain components. features a luxury boutique condominium located right GM remains committed to Canada, the company’s on the Thundering Waters Golf Club. This 10-storey fifth largest country market globally for auto sales and building is minutes away from the 1st hole and will for vehicle production. Source: media.gm.com; stcatharinesstandard.ca overlook the 18th hole. New York Source: niagarafallsbusiness.ca; uppervistacondos.com

Niagara-on-the-Lake City of UA Grand Niagara Secondary Plan 4 Niagara-on-the-Lake is a well-preserved 19th-century Niagara Falls The Grand Niagara Secondary Plan is currently 9 village that has a wealth of attractions for everyone: underway as an official project by the City of Niagara Schedule A-4 to the Official Plan Land Use The Shaw Festival is one of the top repertory Falls. It is intended that the Secondary Plan Area will N1

companies in the world; Twenty-seven wineries develop as an environmentally sustainable, healthy, P P ES GRASSY BROOK ROAD Legend

QUEEN are scattered amidst a landscape of vineyards and complete community with distinctive, liveable Grand Niagara Secondary Plan Urban Area Boundary

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and orchards stretching along the picturesque neighbourhoods, integrated and connected green N3

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N2 T Y ES proposed elementary school

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Niagara River Parkway; Fort George served as the spaces, efficient transportation, transit, and trails P O P open space / parkland

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CROWLAND A ES hospital employment campus headquarters for the Centre Division of the British systems, and employment opportunities including REIXINGER ROAD employment natural heritage system (see Appendix VIII-D) Army during the ; Culinary excellence is 7 the substantial potential of the planned Regional N1 neighbourhoods neighbourhood gateways 6 roads a trademark of this town; and the Outlet Collection at Hospital. The QEW runs along the eastern edge of rail line utility corridor pipeline easement Niagara, Canada’s largest open-air outlet shopping the Secondary Plan Area which covers 330 hectares YON’S CREEK ROAD centre, is home to an amazing collection of retailers. (815 acres). BIGGAR ROAD L Source: ontariotravel.net Source: niagarafalls.ca

General Electric Advanced Manufacturing Plant General Electric (GE) is currently building its latest 5 “brilliant” factory in Welland. It will be located just New Residential Communities in the Area 10 across the Canadian border from Buffalo, New York. The historic town of Chippawa, which borders Lyon’s The brilliant factory is GE’s new take on manufacturing. Creek, is a bustling family-friendly community of shops It involves machines that are embedded with sensors 8 and restaurants with small town charm and suburban and connected to the Industrial Internet. Welland’s amenities at a close but respectable distance (about close proximity to the US border, availability of 5km from Niagara Falls centre). In recent years skilled labour and education facilities were important stunning new home communities have been built considerations in the location of the factory. Expected to 10 in Chippawa featuring typically detached houses begin production in early 2018, the facility will produce and townhouses. Nature lovers of all kinds will feel at home in this spectacular setting nestled between energy-efficient engines and other components that 9 are used all over the world. The Welland plant will be green space and waterways, and among among the most advanced in GE’s global operations, Eastern Canada’s most temperate climates. Urban Boundary Source: lancasterniagara.ca and the first of its kind in Canada. LCN ©Google Source: Ge.com; genewsroom.com; news.ontario.ca