Perth County Community Profile

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COMMUNITY PROFILE 2 | perthcounty.ca Welcome to Perth County TABLE OF CONTENTS LOCATION...... 4-5 We invite you to choose Perth County alongside the businesses Map Distances to Urban Centres that experience success in our thriving region. Our businesses Transportation enjoy the balance of being technologically advanced and globally connected while maintaining local roots. OUR COMMUNITIES...... 6-9 County Map We offer affordable development charges and land rates, North Perth, Perth East, West Perth modern infrastructure and a dedicated skilled workforce. Our and Perth South entrepreneurial business environment is as progressive as it is KEY INDUSTRY SECTORS...... 10-12 diverse, with companies in manufacturing, agriculture, food Business Size processing, construction, information, telecommunications, Agri-Business tourism, business services, retail, and cultural sectors. Arts, Culture & Tourism Manufacturing Our residents take pride in our supreme quality of life. Perth County a great place to invest and a wonderful place to live! DEMOGRAPHICS...... 13 The Economic Development and Tourism Division works INFRASTRUCTURE...... 14-15 collaboratively with our municipal and community partners to Education Healthcare assist existing businesses and prospective investors. Telecommunications Public Works, Hydro, Natural Gas Housing

WORKFORCE...... 16-17 Labour Force by Occupation Labour Force Participation Household Income

FOREIGN INVESTMENT...... 18-19 Perth County Economic Development and Tourism Office Business Costs t 519-271-0531 ext 150 e [email protected] Employer Health Costs Business Taxes perthcounty.ca Educational Attainment

perthcounty.ca | 3 Owen Sound

Barrie

86 6 400

4 Goderich Listowel Toronto 23 86 St. Jacobs 8 Milverton Guelph Lake Huron PERTH Waterloo 401 COUNTY Mitchell Kitchener Lake Ontario Stratford 7/8 Hamilton Grand Bend St. Marys 21 New York 403 QEW 7 USA 4 Niagara Falls Port Huron 402 Sarnia London Buffalo Michigan USA

Lake Erie 401 Lake St. Clair Detroit Windsor STRATEGIC LOCATION

Perth County is centrally located and globally connected to serve your business!

With a regional population of over 76,796, Perth County is conveniently situated in the heart of southwestern Ontario with the North American market at our doorstep. The county’s neighbouring regions of Waterloo, Oxford and London-Middlesex, and Wellington are fast-growing areas of the province with over 1 million people, leading colleges, universities, and research institutes that represent a substantial market for labour, goods and services. Perth County is home to over 290 professional transportation and logistics companies to move your goods and products to local, regional and international markets. Connected by provincial highways to the largest highway in Canada, Highway 401, we have access to over half of Canada’s population and seamless integration with the U.S. transportation system.

4 | perthcounty.ca Distance to major urban centres

CANADIAN DESTINATIONS Transportation Perth County is well served by both passenger and Distance to Perth County freight rail services and located within a 1.5 hour drive LOCATION KM MILES of five international shipping ports. Windsor* 253 157 Three carriers provide daily freight rail services to Alliston 150 93 Perth County. Sarnia* 140 87 There are five international airports that serve the Toronto 150 93 region all located within a 1.5 hour drive, including Mississauga 125 78 Stratford Municipal Airport, equipped to handle Hamilton 106 66 corporate, freight and recreational flights. Kitchener/Waterloo 45 28 London 61 38 Niagara Falls* 180 112 Rail Barrie 209 130 Via Rail Canada | Passenger | viarail.ca Ottawa 582 362 Canadian Pacific Rail| Goods | cpr.ca Montreal 674 419 Canadian National Railway | Goods | cn.ca Goderich-Exeter Railway Co | Goods | gwrr.com U.S. DESTINATIONS

Distance to Perth County LOCATION KM MILES Air Buffalo* 210 130 Detroit* 243 151 Toronto Pearson International Airport | torontopearson.com New York 821 510 London International Airport Boston 937 582 | flylondon.com Chicago 685 426 Region of Waterloo International Airport Cleveland 520 323 | waterlooairport.com

Source: Google Maps, 2017 Hamilton International Airport Distances are calculated from the Perth County office | flyhi.ca *Includes border crossing – Canada/US Stratford Municipal Airport | stratfordcanada.ca “Perth County is perfectly located. It’s central to so many other locations. Port Being able to live in the country Port of Goderich | goderichport.ca and to raise my family on a lot of Sarnia | sarnialambton.on.ca land is important to me, but I’m not Hamilton Port Authority | hamiltonport.ca compromising conveniences to do it.” Port Stanley | centralelgin.org/port-stanley-harbour KEVIN ELECTRICAL APPRENTICE Toronto Port Authority | torontoport.com

perthcounty.ca | 5 Perth County is comprised of four member municipalities that work together to support business investment. OUR COMMUNITIES The member municipalities are the Municipality of North Perth, the Township of Perth East, the Township of Perth South, and the Municipality of West Perth.

North Perth

Home to 13,130 residents, North Perth is the fastest There are privately owned and serviced industrial growing community in Perth County. Listowel, its major properties available in the municipality. Plans are in the urban centre, is a regional commercial and service hub works for the development of a brand new municipal for nearby communities in Perth, Wellington and Huron industrial park. counties with its thriving downtown and diverse retail Companies such as Trillium Mutual Insurance, Listowel offerings. Technology Inc., Spinrite Yarns, and Ideal Supply have North Perth is a short 30-minute drive to Kitchener- already made North Perth home to their head offices. Waterloo and has a full-service hospital and new With a range of commercial and industrial locations Recreation Complex. available, North Perth is ready to welcome new Fibre connectivity in the community ensures that residents businesses! and businesses are connected to global markets.

6 | perthcounty.ca Perth East

A geographically large and diverse area known for its Anna Mae’s Restaurant and Bakery is among the unique Amish and Mennonite communities, Perth East is businesses that have found success in Perth East. home to 12,261 people. Producing over 80,000 pies a year, Anna Mae’s was the Innovative leading companies such as Nuhn Industries, recipient of Trip Advisor’s Certificate of Excellence 2017, Iron Bridge Fabrication, Quality Fertilizers, and and has been featured on Food Network’s “You Gotta Mornington Communications colour the landscape of Eat Here!” Perth East.

perthcounty.ca | 7 West Perth

Finding the perfect location for your business within One of the booming businesses to call West Perth a close distance to all major markets is an easy task in home is BioAgriMix, Canada’s largest producer of West Perth. animal pharmaceutical products. Paul Lake, president West Perth is an easy commute to Stratford and is of BioAgriMix, explains that, “the biggest plus of being within 40 minutes of London. The municipality has a located in Perth County is the working relationship with population of 8,865, and has a market-trade area of the municipality and the willingness of their staff to over 40,000 people located within 15 minutes. work with you. There is a ‘can do’ approach to help you with any issues you run up against.”

8 | perthcounty.ca Perth South

With the highest average household income in the to homes and businesses, provided by community- county, Perth South residents enjoy a high standard owned Quadro Communications, connecting these of living in Perth County’s smallest township of 3,810 successful businesses to their worldwide customers. residents. Quadro Communication’s Fibre Optic Network and Businesses such as Maple Leaf Foods, Klomps Nursery, technology is provincially and internationally acclaimed: McCully’s Hill Farms, Stonetown Artisan Cheese, it was named a “top performing broadband provider,” McLean Taylor Construction, Stratford Farm Equipment received the “Smart Rural Community” and “Internet and Hoffmeyers Mill have made a name for themselves Service Provider of the Year” awards, and was the well beyond Perth County. first Canadian company to receive Rural Broadband Association’s “Gig Certified” recognition due to its A largely rural community with a strong agri-business capability to deliver Gig service to any customer on sector, Perth South has a broad base of fibre available their fiber optic network. perthcounty.ca | 9 KEY INDUSTRY SECTORS

Our companies range from major multi-nationals to small start-ups and medium enterprises, operating in several sectors.

SECTOR # OF BUSINESSES Agriculture, forestry, fishing and hunting 2631 Real estate, rental and leasing 1367 Construction 870 Finance and insurance 477 Professional, scientific and technical services 529 Retail trade 705 Other services (except public administration) 520 Health care and social assistance 457 Arts, entertainment and recreation 232 Transportation and warehousing 292 Manufacturing 343 Administrative and support, waste management and remediation services 217 Accommodation and food services 288 Wholesale trade 253 Management of companies and enterprises 62 Educational services 64 Information and cultural industries 54 Utilities 32 Mining, quarrying, and oil and gas extraction 14 Public administration 8

10 | perthcounty.ca Business Sizes (Stats: June 2016)

# OF EMPLOYEES

1-4 56.6%

5-9 20.6%

10-19 12.0%

20-49 7.6%

50-99 2.0% “Businesses in Perth County 100-199 0.7% succeed because they service the

200-499 0.4% whole area and beyond. The customers are very loyal 500+ 0.1% and very diverse; we have clients ranging from agriculture granaries to industrial factories.”

BLAIR INDUSTRIAL MECHANIC MILLWRIGHT

perthcounty.ca | 11 Agri-Business Manufacturing Perth County is one of Ontario’s most productive There are over 3,000 jobs in this sector in over 340 agricultural regions. Surrounded by 200,000 hectares of small and medium-large businesses. Their success prime agricultural lands, the county produces over $838 results from a commitment to quality, on-time million in cash farm receipts. Source: OMAFRA, 2016 delivery and exemplary customer service in Ontario Perth County’s vast opportunities for value-added and global markets. agriculture and agri-business include: MADE IN PERTH COUNTY Food processing and handling facilities Automotive components and parts Farm equipment and parts manufacturing Feed and animal pharmaceuticals Green energy and bio-crops Food processing Bio-based materials and product manufacturing Architectural and structural metals Genetics and research facilities Concrete Precision and custom metal fabrication Engineering and Machining Green products and technology Arts, Culture Agri-food products & Tourism Textiles Perth County and Stratford attract over one million visitors each year, contributing millions of dollars to the local economy. Arts, culture and tourism represent 4,000 jobs in the regional economy.

12 | perthcounty.ca DEMOGRAPHICS

Perth County’s regional population: 76,811 The average age of the population: 41.6 (Source: Stats Canada, May 2017)

AGE 0-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+

POPULATION 13,800 4,830 4,705 4,350 4,340 4,310 4,415 4,670 5,800 5,890 4,670 14,330

perthcounty.ca | 13 INFRASTRUCTURE

Education Healthcare Two progressive school boards are cultivating the With hospitals in Listowel, Stratford and St. Marys, potential of our future generation. The Huron-Perth the region benefits from high quality, patient-centred Catholic District School Board is one of the highest care. There are sepcialty and large regional health care achieving boards in Ontario and the Avon Maitland centres in London and Kitchener. School Board delivers unique distance and international education programs. Family practice teams, general physicians and practitioners such as dentists, physiotherapists, Elementary: 26 nutritionists, and a wide range of holistic care Secondary: 6 professionals are located in most communities. Post-Secondary/Continuing Education: 450+ businesses in the healthcare industry Conestoga College The University of Waterloo Stratford Campus The Stratford Chef’s School Contact North Other major educational institutes Telecommunications within an approximate 1-hour drive: Perth County enjoys a rural lifestyle while being Western University (London) globally connected. The availability of high-speed Fanshawe College (London) wireless and broadband service is available to over University of Waterloo (Waterloo) 99% of residents in both rural and urban centres. Ongoing investments in fibre infrastructure are being Wilfrid Laurier University (Waterloo) made by a number of progressive regional and national McMaster University (Hamilton) telecommunications companies to ensure Perth County University of Guelph (Guelph) is connected to global markets.

14 | perthcounty.ca Electricity Rates On-peak Natural Gas Rates Mid-peak Commodity Rate Storage (¢/kWh) Off-peak (¢/m3)

16.0178 15.8578 16.2902 20

5 0.6252 0.6252 0.6252 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2017-01 2017-04 2017-07 Source: Union Gas Last Updated: July 2017 Source: Union Gas Last Updated: July 2017

Housing 2016 Median House Price (Single Detached) (Source: Homeprice Index, Huron-Perth Real Estate Board)

PERTH London Kitchener Provincial National Greater COUNTY St. Thomas Stratford Waterloo Average Average Toronto $286,478 $270,057 $300,000 $405,350 $534,848 $490,030 $1,015,067

perthcounty.ca | 15 WORKFORCE A hardworking, dedicated and TOTAL WORKFORCE skilled workforce is at the heart of Perth County. 42,510 Labour Force by Occupation (Source: Stats Can, 2016)

Manufacturing and Education, Law and Social, Community Utilities 4,910 and Government Services 3,600 11.5% 8.5% Healthcare 2,535 Management 5,030 6.0% 11.8% Natural Resources, Agriculture and Related Production 2,080 4.9% Natural and Applied 4.0% Sciences 1,680 2.7% Art, Culture, Recreation Business, Finance and and Sport 1,165 Administration 5,285 12.4%

20% Sales and Service 8,515

18.1% Trades, Transport and Equipment Operators 7,710

16 | perthcounty.ca Participation Employment Unemployment

PERTH Labour Force COUNTY 69.8% 67.0% 4.0% Participation ONTARIO (Source: Stats Can, 2016) 64.7% 59.9% 7.4%

Household Income AVERAGE COMMUTE TIME (Source: Stats Can, 2017) 10 minutes $0-4 K 285 $5-9 K 325 $10-14 K 745 $15-19 K 925 “You can see the stars when $20-29 K 2,455 the sun goes down. There $30-39 K 2.630 aren’t oversized flashy $40-49 K 2,780 billboards everywhere you $50-59 K 2,655 look, and you don’t spend $60-79 K 4,770 hours commuting to and $80-99 K 3,905 from work, surrounded by $100-124 K 3,510 $125-149 K 2,280 thousands of other people. ” $150+ K 3,460 MONICA COMMITY OUTREACH WORKER

perthcounty.ca | 17 ONTARIO: A TOP DESTINATION FOR FOREIGN INVESTMENT

Overall Business Costs Index (U.S. = 100)

Ontario

Italy

France

United Kingdon

Germany

Japan

United States

50 60 70 80 90 100 110

Source: MEDEI/MRI analysis, prepared using CompetitivesAlternatives.com Cost Model, 2016 Edition

Employer Health Costs Marginal Effective for a Typical Firm Tax Rate (METR) on (Thousands U.S. Dollars) New Business 1250 50

1000 40 34%

750 30

16.9% 500 20

250 10

0 0 Ontario U.S. Ontario U.S. Avg.

Note: Typical firm defined as having approximately Source: Ontario Ministry of Finance, 2017 Budget 91 employees. Source: MMK Consulting, 2016 18 | perthcounty.ca Post-secondary Educational Attainment (%) Select Markets, 2016 (Age 25-64)

75%

50%

25%

0% Ontario Canada Ireland Japan United United Germany France Mexico States Kingdom Note: Not all jurisdictions count apprenticeship as posy-secondary education. Source: OECD, 2016; Statistics Canada, 2017

Tax Rate Comparison Data

New Construction Region Industrial (Industrial) Perth County: North Perth 3.4% 3.2% Perth County: Perth East 2.9 2.6 Perth County: South Perth 2.8 2.6 Perth County: West Perth 3.1 2.8 Waterloo 3.2 3.0 Kitchener 3.3 3.0 London 3.7 3.4 Woodstock 4.9 4.6 Stratford 4.8 4.5 St. Marys 4.5 4.2 Ingersoll 4.9 4.7

Source: Municipal Websites, 2017

perthcounty.ca | 19 Reach out to us today. We invite you to contact Perth County’s economic development and tourism office. We can provide you with the Your business is our pleasure! guidance you need to locate and grow in Perth County. We’re here to support you with: n Site selection n Grant and loan programs n Statistics, maps, demographics, and community information n Connections to local landowners, developers, municipal offices, and real estate n Business start-up and expansion resources n Labour strategies n Training providers

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