West Perth COMMUNITY PROFILE

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1 West Perth COMMUNITY PROFILE

2 WELCOME TO WEST PERTH TABLE OF CONTENTS LOCATION...3 Transportation OUR COMMUNITY Map OUR PEOPLE Population & Demographics Education Household Income Housing Prices WORKFORCE & INDUSTRY Labour Force Business Size and Industry Farm Size and Type It was an easy decision to start my career in West Perth because it has such a great reputation in the construction sector. All of the electricians I have learned from and worked for are really well respected. I love living in Mitchell because there s such a strong support network here. And the area is so central to everything I want to see and do. It s an easy drive to London, Toronto and the United States. UTILITIES...10 Electricity Rates Natural Gas Rates INVESTMENT Tax Rate Comparison Provincial Corporate Income Tax Federal Corporate Income Tax BUSINESS RESOURCES...12 KEVIN ELECTRICAL APPRENTICE Perth County Economic Development and Tourism Office t ext 150 e ecdev@perthcounty.ca perthcounty.ca 2 perthcounty.ca

3 West Perth is centrally located in mid-western Ontario. Approximately 6.0 million people live within 250 kilometres (150 miles) of Perth County. Perth County is 30km north of highway 401, which is the main transportation artery in Ontario. Less than an hour drive to Stratford, Ingersoll, London, Woodstock, Kitchener, and Waterloo, West Perth has a trade market area of over 900,000. West Perth is well served by three carriers providing daily passenger and freight rail services and is located within a 1.5 hour drive of five international shipping ports. There are five international airports that serve the region all located within a 1.5 hour drive equipped to handle 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 Toronto Pearson International Airport London International Airport Region of Waterloo International Airport Hamilton International Airport Stratford Municipal Airport 6 Barrie 400 to Ottawa Rail Michigan USA Highways International Border Crossing Port Huron 40 Sarnia Lake Huron Goderich 8 Grand Bend 4 Mitchell 86 St. Marys PERTH St. Jacobs 5 COUNTY Milverton Guelph Waterloo Kitchener 6 4 Stratford 7/8 Hamilton 2 London Listowel 403 QEW 1 University of Waterloo Stratford Campus 2 Conestoga College Stratford Campus 1 Toronto Lake Ontario Niagara Falls New York USA Buffalo Lake St. Clair Detroit Windsor 401 Lake Erie 3 4 Western University Fanshawe College Waterloo University Wilfrid Laurier University Conestoga College 250km radius from Perth County 5 6 Guelph University McMaster University Mohawk College perthcounty.ca 3

4 OUR COMMUNITY Work-life balance Residents enjoy active lifestyles, festivals and events and cultural activities year-round. Finding the perfect location for your business within a close distance to all major markets is an easy task in the Municipality of West Perth. Comprised of rolling farmland, quaint villages and bustling towns, West Perth is a popular destination to live, work, play, and invest. West Perth is an easy commute to Stratford and is within 40 minutes of London. The municipality has a population of 8,865, and has a market-trade area of over 40,000 people located within 15 minutes. Strong business relationships and cooperative partnerships exist within the local and extended business community. Join the business owners who are eager to meet the needs of our growing communities! Downtown Mitchell 80 businesses in Mitchell s historic downtown Professional services are abundant and make up 24% of downtown spaces Trade area of nearly 40,000 residents High traffic counts as Hwy 23 and Hwy 8 pass through downtown Connected to trail systems along the North Thames Low property tax rates 4 perthcounty.ca

5 H Listowel Education The Avon Maitland and Huron-Perth Catholic District School Boards are two progressive school boards that are cultivating the potential of our future generation. Three privately run schools include Sunshine Montessori School, Stratford Middle Years School, and Stratford & District Christian School. 2 elementary schools 1 secondary school 7 post-secondary options within 1 hour drive Healthcare West Perth is well equipped with hospitals, clinics, long-term care and retirement facilities nearby. Mitchell Medical Centre provides primary health care services and community support programs Stratford General Hospital Listowel Memorial Hospital St. Marys Memorial Hospital Monkton 55 Brodhagen 1247 N 7 Provincial Road 1310 Bornholm County Road Local Paved Road Local Gravel Road Dublin Railway KM 1.25 MILES Staffa Cromarty Mitchell West Perth TRAFFIC COUNTS 1234 Numbers marked on map indicate average number of vehicles on road over a 24 hour period Fullarton H Stratford Parks & Recreation 1300 West Perth is a paradise for nature lovers and outdoor enthusiasts. Located along the Thames River, Mitchell has restored over 65 acres of wetlands, which are the home of rare bird species like the Blue Heron. 6 public parks 12 sports fields 2 campgrounds 1 animal park H St. Marys perthcounty.ca 5

6 OUR PEOPLE Population 8,865 AGE POPULATION Household Income 6 perthcounty.ca $0-4 K $5-9 K $10-14 K $15-19 K $20-29 K $30-39 K $40-49 K $50-59 K $60-79 K $80-99 K $ K $ K $150+ K

7 In West Perth, you can have a great job, but what s more is that you can have such an incredible life here. CHRISTINA BUSINESS OWNER Education Attainment 625+ Skilled Trades College & University Secondary School Major Field of Study Education 300 Visual & Performing Arts 115 Humanities 105 Social Sciences & Law 265 Business, Management & Public Administration 445 Life Sciences & Technology 55 Mathematics & Information Science 65 Engineering & Related Technology 760 Agriculture & Natural Resources 300 Health & Related Fields 580 Housing Prices Median House Price (Single Detached) (Source: Homeprice Index, Huron-Perth Real Estate Board) Did you know? Hockey Hall of Famer Howie Morenz began playing hockey in his hometown of Mitchell. He joined the Montreal Canadiens in 1923 and remained in the NHL for 14 years. Morenz was voted the outstanding hockey player of the half century by the Canadian Press in West Perth $163,026 West Perth $260,564 West Perth $249,251 West Perth $319,725 Provincial Average $534,848 Greater Toronto $1,015,067 perthcounty.ca 7

8 The work ethic is very strong. A lot of our people have been with us a long time, which provides a strong base from which to grow. PAUL LAKE PRESIDENT OF BIOAGRIMIX WORKFORCE & INDUSTRY Labour Force Participation WEST PERTH ONTARIO Participation Employment Unemployment 73.1% 64.7% 70.4% 59.9% 3.7% 7.4% Labour Force by Occupation Management 1,065 Business & Finance 830 Sciences 195 Health 280 Education, Law & Government 410 Art & Sports 85 Sales & Service 1,215 Trades & Transport 1,580 Natural Resources 670 Manufacturing perthcounty.ca Labour Force by Industry Agriculture 875 Mining 10 Utilities 40 Construction 535 Manufacturing 895 Wholesale 210 Retail 365 Transportation 230 Information 45 Finance 165 Real Estate 15 Professional Services 170 Administration 170 Education 310 Health Care 460 Arts & Entertainment 65 Accommodation 200 Other 180 Public Administration 135

9 The labour force in Mitchell s trade market area is 31,680 people. In addition, the City of Stratford s labour force of 25,640 is a quick 20 minute drive away. # of Employees Business Sizes (Source: Business Register, 2017) # of Businesses Industry (Source: Business Register, 2017) Agriculture 472 Utilities 6 Construction 91 Manufacturing 15 Wholesale 16 Retail 30 Transportation 29 Information 2 Finance 32 Real Estate 113 Professional Services 30 Management 13 Administrative 17 Educational 1 Health Care 18 Arts & Entertainment 3 Accommodation 3 Other Services farms in West Perth Farms by Industry Group (Source: Census 2016) Number of farms Beef cattle ranching and farming 45 Dairy cattle and milk production 42 Hog and pig farming 64 Poultry and egg production 16 Sheep and goat farming 4 Other animal production 22 Oilseed and grain farming 302 Vegetable and melon farming 5 Greenhouse, nursery and floriculture 3 Other crop farming 18 Farms by Size (Source: Census 2016) Number of acres Under perthcounty.ca 9

10 UTILITIES Electricity Base Charges (Source: Hydro One, 2017) Electricity Rates (Source: Hydro One, 2017) Residential Residential Small Commercial Small Commercial Large Commercial Large Commercial Natural Gas Base Rates (Source: Union Gas, 2017) Natural Gas Rates (Source: Union Gas, 2017) Residential Residential 0.04 Small Commercial Small Commercial perthcounty.ca

11 Tax Rates (Source: Municipal Websites, 2017) TAXES Assessment Class Code Ratio General Rate Residential/Farm RT Commercial Occupied CT Commercial New Construction XT Commercial Excess Land CU Commercial Vacant Land CX Industrial Occupied IT Industrial New Construction JT Industrial Excess Land IU Industrial Vacant Land IX Pipelines PT Farmlands FT Managed Forests TT Tax Rate Comparison Data (Source: Municipal Websites, 2017) New Construction Region Industrial (Industrial) Commercial Residential Perth County: West Perth 3.1% 2.8% 2.2% 1.0% Perth County: North Perth Perth County: Perth East Perth County: Perth South Waterloo Kitchener London Woodstock Stratford St. Marys No development charge on new commercial construction Provincial Corporate Income Tax (Source: Canada Revenue Agency 2018) Federal Corporate Income Tax (Source: Canada Revenue Agency 2018) General 11.5% General 15% Small Business 4.5% Small Business 15% Manufacturing and Processing 10% Manufacturing and Processing 15% Investment 11.5% Investment 10.5% perthcounty.ca 11

12 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 We invite you to contact Perth County s economic development and tourism office. We can provide you with the 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 Reach out to us today. Your business is our pleasure! Conestoga Career Centre provides job search assistance, career advice, job postings and education and training information to the public. conestogac.on.ca/caa/careercentre Stratford Accelerator Centre is focused on accelerating the growth and maturation of early-stage technology and digital media companies. acceleratorcentre.com Technical Training Group provides skills training programs necessary for professional trades, including welding apprenticeship training. technicaltraininggroup.org/ Mitchell Business Improvement Area is a not-for-profit organization established for the main purpose of revitalizing the central district of the Mitchell. mitchellbia.ca Perth County Economic Development & Tourism Office 1 Huron Street, Stratford, Ontario, Canada, N5A 5S4 t ext 150 e ecdev@perthcounty.ca perthcounty.ca 2018 Corporation of the County of Perth Photos TerryManzo.com Design CreativeFeats.com Jul18/CP/120

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