KNOW Tniagaracanada.com

Size: px

Start display at page:

Download "KNOW Tniagaracanada.com"

Aron Hampton
5 years ago
Views:

1 KNOW IT KNOW T

2 THE RESULTS ARE IN NIAGARA IS BETTER FOR YOUR BOTTOM LINE A LEADER IN COST COMPETITIVE AMONGST 115 NORTH AMERICAN CENTRES 3RD MOST COMPETITIVE IN DIGITAL SERVICES 7TH MOST COMPETITIVE IN MANUFACTURING 9TH MOST COMPETITIVE OVERALL 18TH MOST COMPETITIVE IN R&D ONTARIO S 2ND MOST COMPETITIVE CENTRE FOR BUSINESS Unique and aggressive development incentives and tax rebates not found anywhere else in Ontario. Source: KPMG Competitive Alternatives Report 2016.

3 A STRATEGIC LOCATION IN THE HEART OF ONE OF NORTH AMERICA S BUSIEST ECONOMIC TRADE CORRIDORS CITY DRIVING DISTANCE POPULATION TORONTO 100 km (62 miles) 2.7 million DETROIT 350 km (217 miles) 675,000 COLUMBUS 565 km (351 miles) 850,000 NEW YORK 650 km (403 miles) 8.5 million PHILADELPHIA 650 km (403 miles) 1.5 million BOSTON 775 km (481 miles) 675,000 CHICAGO 830 km (515 miles) 2.75 million

4 QUEBEC CITY km 800 km 700 km 600 GREEN BAY MILWAUKEE CHICAGO INDIANAPOLIS 500 km 400 km 300 km DETROIT WINDSOR COLUMBUS CINCINNATI ST. LOUIS LOUISVILLE 200 km TORONTO 100 km NIAGARA CLEVELAND PITTSBURGH OTTAWA BUFFALO ALBANY 124 miles 186 miles BALTIMORE WASHINGTON DC ACTUAL DISTANCE 248 miles NEW YORK PHILADELPHIA 310 miles MONTREAL BOSTON 372 miles 434 miles 49

5 ONTARIO S SINGLE PAYER HEALTH SYSTEM = COMPETITIVE EMPLOYER HEALTHCARE COSTS 20% CANADA HAS A KEY COST ADVANTAGE OVER THE U.S.: HEALTHCARE. VS 4% IN CANADA OF OVERALL HEALTH SPENDING IN THE US IS BORNE BY COMPANIES A NIAGARA ADDRESS WILL SAVE A TYPICAL EMPLOYER WITH 91 EMPLOYEES MORE $635,000 THAN IN ANNUAL HEALTH CARE COSTS WHEN COMPARED TO THE US.

6 COMPETITIVE TAX RATES COMMERCIAL OFFICE BUILDINGS PROPERTY TAXES PER SQ. FT. Welland: $1.75 St. Catharines: $2.41 Niagara-on-the-Lake: $2.48 VS Oakville: $4.05 Whitby: $4.39 Thunder Bay: $4.50 STANDARD INDUSTRIAL PROPERTY TAXES PER SQ. FT. Pelham: $1.14 Welland: $1.62 Niagara-on-the-Lake: $1.71 VS Oakville: $2.93 Caledon: $2.94 Ottawa: $2.96

listings with key details that matter most to investors and site

7 INDUSTRIAL LAND THAT S SHOVEL READY PRE-QUALIFIED, INVESTMENT-READY PROPERTIES Access our database of property listings with key details that matter most to investors and site selectors: permitted uses utilities status relevant infrastructure available incentives

8 STRATEGIC STRATEG C

9 AN ADDRESS IN ONE OF NORTH AMERICA S BUSIEST ECONOMIC TRADE CORRIDORS MEANS YOU RE ON THE ROAD TO EVERYWHERE

10 TORONTO MISSISSAUGA GUELPH SERIES OAKVILLE HIGHWAYS CAMBRIDGE BURLINGTON LAKE ONTARIO BRANTFORD HAMILTON GRIMSBY WEST LINCOLN QEW ST. CATHARINES LINCOLN PELHAM THOROLD 406 NIAGARA- ON-THE-LAKE NIAGARA FALLS USA WELLAND QEW CANADA WAINFLEET PORT COLBORNE FORT ERIE BUFFALO LAKE ERIE

11 TORONTO MISSISSAUGA GUELPH 6 INTERNATIONAL OAKVILLE AIRPORTS CAMBRIDGE BURLINGTON WITHIN 100KM LAKE ONTARIO BRANTFORD HAMILTON GRIMSBY WEST LINCOLN ST. CATHARINES LINCOLN PELHAM THOROLD NIAGARA- ON-THE-LAKE NIAGARA FALLS USA WELLAND CANADA WAINFLEET PORT COLBORNE FORT ERIE BUFFALO LAKE ERIE

12 TORONTO MISSISSAUGA GUELPH 2 CLASS-1 OAKVILLE RAILROADS CAMBRIDGE BURLINGTON LAKE ONTARIO BRANTFORD HAMILTON GRIMSBY WEST LINCOLN ST. CATHARINES LINCOLN PELHAM THOROLD NIAGARA- ON-THE-LAKE NIAGARA FALLS USA WELLAND CANADA WAINFLEET PORT COLBORNE FORT ERIE BUFFALO LAKE ERIE

13 TORONTO GUELPH CAMBRIDGE OAKVILLE MISSISSAUGA WELLAND CANAL BURLINGTON LAKE ONTARIO BRANTFORD HAMILTON GRIMSBY WEST LINCOLN ST. CATHARINES LINCOLN PELHAM THOROLD NIAGARA- ON-THE-LAKE NIAGARA FALLS USA WELLAND CANADA WAINFLEET PORT COLBORNE FORT ERIE BUFFALO LAKE ERIE

14 TORONTO MISSISSAUGA GUELPH 5 INTERNATIONAL BORDER OAKVILLE CROSSINGS CAMBRIDGE BURLINGTON LAKE ONTARIO BRANTFORD HAMILTON GRIMSBY WEST LINCOLN ST. CATHARINES LINCOLN PELHAM THOROLD NIAGARA- ON-THE-LAKE NIAGARA FALLS USA WELLAND CANADA WAINFLEET PORT COLBORNE FORT ERIE BUFFALO LAKE ERIE

15 AN ADDRESS IN ONE OF NORTH AMERICA S BUSIEST ECONOMIC TRADE CORRIDORS MEANS A+ INFRASTRUCTURE A PROVEN ROUTE TO GLOBAL SHIPPING SUCCESS SERIES HIGHWAYS 5 INTERNATIONAL BORDER CROSSINGS INTO THE US 2 CLASS 1 RAILWAYS 6 INTERNATIONAL AIRPORTS WITHIN 100 KM WELLAND CANAL CONNECTS THE GREAT LAKES TO THE ATLANTIC OCEAN

16 AN ADDRESS IN ONE OF NORTH AMERICA S BUSIEST ECONOMIC TRADE CORRIDORS MEANS THE NIAGARA FOREIGN TRADE ZONE TEAM IS AT YOUR SERVICE Easy one-call access to a team of importing and exporting experts Duty and tax exemptions and deferrals on applicable goods Mentoring and support from industry experts SUPPORT INCENTIVE PROGRAMS EASY ACCESS DUTY & TAX DEFERRALS DUTY & TAX EXEMPTIONS MENTORING

17 INCENTIVES NCENTIVES

18 NIAGARA GATEWAY ECONOMIC ZONE IMPROVEMENT PLAN INCENTIVES MORE THAN $36 MILLION CANADIAN WAS APPROVED FOR GATEWAY INCENTIVES FROM SEPT 2017 No other incentive program like this within Ontario Available for projects in Fort Erie, Niagara Falls, Welland, Thorold and Port Colborne Receive property tax incentives based on your project s economic and environmental impact

19 INDUSTRIAL DEVELOPMENT INCENTIVES OVER $6 MILLION WAS PROVIDED IN DEVELOPMENT CHARGE INCENTIVES FROM Eligible developments, expansions, conversions and demolitions can save up to 100% of Development Charges Significant savings for sustainable choices Available across all 12 Niagara municipalities Responses regarding eligibility in less than 2 weeks

20 BROWNFIELD REDEVELOPMENT INCENTIVES Apply for tax freezes during redevelopment Receive financial assistance for environmental studies Access rebates to help offset increases in property taxes

21 PLUS... CONCIERGE-STYLE ASSISTANCE FROM NIAGARA S ECONOMIC DEVELOPMENT EXPERTS FOR OTHER MUNICIPAL, REGIONAL, PROVINCIAL AND FEDERAL PROGRAMS MUNICIPAL & REGIONAL PROGRAMS Downtown Development Incentives Environmental Assessment Study Grant Building and Façade Improvement Grants and Loans Residential Grants and Loans Heritage Restoration and Improvement Grants and Loans Agricultural Feasibility Study Grant

PLUS... CONCIERGE-STYLE ASSISTANCE FROM NIAGARA S ECONOMIC DEVELOPMENT EXPERTS FOR OTHER MUNICIPAL, REGIONAL, PROVINCIAL AND FEDERAL PROGRAMS PROVINCIAL & FEDERAL PROGRAMS Agricultural Innovation

22 PLUS... CONCIERGE-STYLE ASSISTANCE FROM NIAGARA S ECONOMIC DEVELOPMENT EXPERTS FOR OTHER MUNICIPAL, REGIONAL, PROVINCIAL AND FEDERAL PROGRAMS PROVINCIAL & FEDERAL PROGRAMS Agricultural Innovation Program: R&D Agricultural Innovation Program: Commercialization AgriMarketing Program CME SMART Green Program Growing Forward 2 Investing in Business Growth & Productivity National Research Council of Canada Industrial Research Assistance Program Southern Ontario Fund for Investment in Innovation Southwestern Ontario Development Fund

23 WORK IT WORK T

24 A WORKFORCE THAT GETS THE JOB DONE A WORKFORCE OF 229,000+ THAT GETS THE JOB DONE 59% HAVE POST-SECONDARY EDUCATION 17% HAVE COMPLETED AN APPRENTICESHIP OR TRADE CERTIFICATE 47% HAVE COLLEGE CERTIFICATE/DIPLOMA 36% HAVE UNIVERSITY DEGREE

25 EDUCATE INNOVATE PARTICIPATE 18 OUT OF 115 NORTH AMERICAN RANKING FOR R&D COMPETITIVENESS INCUBATORS INNOVATE NIAGARA ANGEL INVESTORS RESEARCH PARTNERSHIPS GENERATOR AT ONE SMALL BUSINESS ENTERPRISE CENTRES COMMERCIALIZATION

26 LEARN IT LEARN T

27 BROCK UNIVERSITY ST. CATHARINES 18,000+ STUDENTS TOP 5 IN CANADIAN CO-OP LEARNING KEY RESEARCH PARTNERSHIPS BioLINC Brock Institute for Scientific Computing BrockLINC Cool Climate Oenology and Viticulture Institute CPA/ Goodman Institute for International Issues in Accounting Centre for Business Analytics Environmental Sustainability Research Centre

NIAGARA COLLEGE WELLAND AND NIAGARA-ON-THE-LAKE 9,000 FULL-TIME STUDENTS 15,000 CONTINUING EDUCATION STUDENTS KEY RESEARCH PARTNERSHIPS Agriculture & Environment Innovation Centre Augmented Reality

28 NIAGARA COLLEGE WELLAND AND NIAGARA-ON-THE-LAKE 9,000 FULL-TIME STUDENTS 15,000 CONTINUING EDUCATION STUDENTS KEY RESEARCH PARTNERSHIPS Agriculture & Environment Innovation Centre Augmented Reality Research Centre Canadian Food & Wine Institute Innovation Centre Rankin Technology Centre Southern Ontario Network for Advanced Manufacturing and Innovation Walker Advanced Manufacturing Innovation Centre

29 VINELAND RESEARCH AND INNOVATION CENTRE VINELAND 20 PHDS ON STAFF KEY RESEARCH INITIATIVES Canada s National Hardy Rose Program Enhancing Flavour & Production Traits of Canadian Greenhouse Tomatoes Feeding Diversity: Bringing World Crops to Market Global Reach, Local Touch: New Vegetable Varieties Greening the Canadian Landscape New Market Opportunities: Driving Growth with New Plant Varieties Putting Technology to Work for Horticulture: Process Control & Automation Engineering The Customer Comes First: Putting Consumer Intelligence to Work for Horticulture The Right Tools: Integrating Biocontrol Systems for Impact Value-Added Traits for Horticultural Crops Collaborative Greenhouse Technology Centre

30 LIFESTYLE L FESTYLE

31 NIAGARA S RICHER LIFESTYLE LOW HOME PRICES EXCELLENT SCHOOLS OUTSTANDING REC & LEISURE 4 SEASONS OF GREAT WEATHER AN EASY COMMUTE NIAGARA S RICHER LIFESTYLE EQUATION

32 GREAT SCHOOLS 137 ELEMENTARY SCHOOLS 26 SECONDARY SCHOOLS 6 INDEPENDENT SCHOOLS 1 1 COLLEGE UNIVERSITY 21 COLLEGES AND UNIVERSITIES WITHIN COMMUTING DISTANCE WORLD CLASS INTERNATIONAL STUDENT PROGRAMS FOR EDUCATION AT ALL LEVELS. Brock University Niagara College District School Board of Niagara Catholic School Board of Niagara Royal Elite International Academy Canada Ridley College

33 OUTSTANDING LEISURE AMENITIES FITNESS AND RECREATION CENTRES CYCLING KM TRAILS 30+ ARENAS 40 G0LF COURSES 10 MARINAS 96+ WINERIES 23+ ANNUAL FESTIVALS, EVENTS & FAIRS

34 A WEATHER FORECAST THAT SHINES IN EVERY SEASON JAN -4.2 º C ( º F ) FEB -2.7 º C ( º F ) MAR 1.2 º C (34.16 º F ) APR 7.4 º C (45.32 º F ) MAY 13.7 º C (56.66 º F ) JUN 19 º C (66.2 º F ) JUL 22.2 º C ( º F ) AUG 21 º C ( 69.8 º F ) SEP 16.8 º C (62.24 º F ) OCT 10.6 º C (51.08 º F ) NOV 4.4 º C (39.92 º F ) DEC -1 º C (30.2 º F ) Off-shore breezes circulate between Lake Ontario and the Niagara Escarpment and moderate seasonal temperatures across the Niagara Peninsula.

35 ONE OF NORTH AMERICA S SHORTEST, MOST SCENIC COMMUTES CITY DRIVING TIME IN CONGESTION NIAGARA 3% 5.1% VANCOUVER 9% 30.4% TORONTO 12% 45.6% SEATTLE 13% 54.8% PEAK HOURS IN CONGESTION LOWEST TRAFFIC CONGESTION IN CANADA NEXUS PASS FOR EASY BORDER CROSSINGS DAILY GO TRAIN SERVICE FROM TORONTO COMING IN 2021

36 LIVE L VE

37 AFFORDABLE REAL ESTATE NIAGARA IS ONE OF THE BEST PLACES IN CANADA TO BUY REAL ESTATE NIAGARA AVERAGE HOME PRICE $388,500 TORONTO AVERAGE HOME PRICE $822,681 MLS $CDN 2017

38 INVEST NVEST

39 REAL-WORLD RESULTS OVER $4 BILLION IN INVESTMENT IN THE LAST FIVE YEARS $1.52 BILLION IN INDUSTRIAL AND COMMERCIAL BUILDING INVESTMENT FROM NIAGARA S GROWTH RATE SOARED BY MORE THAN 300% FROM

40 INVESTMENT CLIMATE COMPLETED SINCE 2012 Niagara Health Systems & Walker Family Cancer Center $1.3 BILLION Ivanhoe Cambridge Outlet Collection at Niagara $178 MILLION Cytec Industries Manufacturing Facility $175 MILLION Cairns Family Health & Bioscience Research Complex $111 MILLION Meridian Centre Arena $50 MILLION First Ontario Performing Arts Centre $62 MILLION Brock University School of Fine & Performing Arts $42 MILLION IN PROCESS GE Manufacturing Facility GM Manufacturing Facility Expansion $345 MILLION $50 MILLION

41 MAKE IT MAKE T

42 MANUFACTURING: MAKE IT 17,000 EMPLOYED IN THE SECTOR 620 MANUFACTURING BUSINESSES $2.17 BILLION (14%) OF REGIONAL MANUFACTURING GDP A PROVEN ROUTE TO GLOBAL SHIPPING SUCCESS SERIES HIGHWAYS 5 INTERNATIONAL BORDER CROSSINGS INTO THE US 2 CLASS 1 RAILWAYS 6 INTERNATIONAL AIRPORTS WITHIN 100 KM WELLAND CANAL CONNECTS THE GREAT LAKES TO THE ATLANTIC OCEAN BIG LEAGUE MANUFACTURING COMPETITIVENESS 7th NAGARA 11TH - MONTREAL 12TH - TORONTO 61ST - CLEVELAND 88TH - PITTSBURGH 92ND - DETROIT 95TH - CHICAGO 112TH - NEW YORK IN GOOD COMPANY Airbus Helicopters Bosch Rexroth Canada Corp General Electric General Motors Jungbunzlauer Canada Inc Post Foods Canada Corp.

43 GROW IT GROW T

AGRI-BUSINESS: GROW IT ONE-OF-A-KIND NIAGARA ESCARPMENT MICROCLIMATE 215,000+ ACRES OF FARMLAND 1,800+ FARMS 200+ GREENHOUSES WORLD-CLASS RESEARCHERS AND RESEARCH FACILITIES 20,000+ JOBS NIAGARA

44 AGRI-BUSINESS: GROW IT ONE-OF-A-KIND NIAGARA ESCARPMENT MICROCLIMATE 215,000+ ACRES OF FARMLAND 1,800+ FARMS 200+ GREENHOUSES WORLD-CLASS RESEARCHERS AND RESEARCH FACILITIES 20,000+ JOBS NIAGARA PRODUCES 80% OF CANADA S WINE AND GRAPES RECENT INVESTMENTS OF OVER $320 MILLION IN THE FOOD AND BEVERAGE INDUSTRIES TOTAL REGIONAL AGRICULTURE GDP $1.41 BILLION 1.86 MILLION SQUARE FEET OF LICENSED CANNABIS CULTIVATION EXPECTED TO DOUBLE BY THE END OF IN GOOD COMPANY Andrew Peller Limited Canopy Growth Corp. Henry Of Pelham Family Winery Jungbunzlauer Post Foods Canada Parmalat Canada Tweed Farms Wayne Gretzky Estates Winery & Distillery Westbrook Greenhouse Systems Ltd.

45 MOVE IT MOVE T

TRANSPORT & LOGISTICS: MOVE IT PASSING THROUGH NIAGARA EACH YEAR: 1 OUT OF EVERY 6 TRUCKS THAT TRAVEL BETWEEN CANADA AND THE US 1 MILLION TRUCKS EACH YEAR 78% OF ALL ST.

46 TRANSPORT & LOGISTICS: MOVE IT PASSING THROUGH NIAGARA EACH YEAR: 1 OUT OF EVERY 6 TRUCKS THAT TRAVEL BETWEEN CANADA AND THE US 1 MILLION TRUCKS EACH YEAR 78% OF ALL ST. LAWRENCE SEAWAY SYSTEM FREIGHT $276 MILLION IN ECONOMIC ACTIVITY $100 BILLION IN TRADE 435 TRANSPORTATION & LOGISTICS BUSINESSES 989 SELF-EMPLOYED IN THE SECTOR FOREIGN TRADE ZONE STATUS TAX & DUTY SAVINGS FOR NIAGARA EXPORTERS IN GOOD COMPANY Algoma Central Corporation Canada BW Logistics Inc. Claire s Logistics & Warehousing Livingston International St. Lawrence Seaway Management Corporation WP Warehousing Inc

47 BUILD IT BUILD T

TOURISM: BUILD IT 36,420 JOBS WITHIN NIAGARA S TOURISM SECTOR 4 SEASONS OF INTERNATIONALLY RENOWNED FESTIVALS & EVENTS OVER $300 MILLION IN RECENT TOURISM INVESTMENT A WINNING STRATEGY FOR SPORTS

48 TOURISM: BUILD IT 36,420 JOBS WITHIN NIAGARA S TOURISM SECTOR 4 SEASONS OF INTERNATIONALLY RENOWNED FESTIVALS & EVENTS OVER $300 MILLION IN RECENT TOURISM INVESTMENT A WINNING STRATEGY FOR SPORTS TOURISM STATE-OF-THE-ART CONFERENCE SPACE GO TRAIN SERVICE FROM TORONTO 2,500 TOURISM-RELATED BUSINESSES IN NIAGARA 12 MILLION ANNUAL VISITORS $1.94 BILLION IN ANNUAL VISITOR SPENDING IN GOOD COMPANY Fallsview Casino Great Wolf Lodge Greg Frewin Magic Theatre Guinness World Records Niagara Parks Commission Outlet Collection at Niagara Ripley s Believe It or Not Scotia Bank Convention Centre The Shaw Festival

49 SERVICE SERV CE

50 THE NIAGARA ECONOMIC DEVELOPMENT TEAM IS AT YOUR SERVICE OUR CONCIERGE-STYLE APPROACH HELPS BUSINESSES GET PROMPT, THOROUGH SUPPORT TO MOVE THEIR PROJECTS FORWARD: Site selection Incentive program suggestions and support Regional familiarization tours Sector-specific research Introductions to industry and educational partners The Province of Ontario and Niagara region collaborated throughout the process, providing exceptional service and support in our site location efforts. In particular, they helped us with key requirements such as proximity to the Canada-U.S. border, access to talent, and transportation considerations. ELYSE ALLAN, PRESIDENT AND CEO, GE CANADA

51 MEET THE TEAM VALERIE KUHNS Manager, Strategic Initiatives x3798 BLAKE LANDRY Manager, Economic Research and Analysis x3796 JUDY MACPHERSON Economic Development Assistant x3520 JAYESH MENON Foreign Trade Zone Coordinator x3440 KELLY PROVOST Economic Development Officer x3334 DAVE RAYMOND Manager, Strategic Marketing x3359 TIM REYNOLDS Manager, Trade and Investment x3257 KEN SCHOLTENS Manager, Business Development and Expedited Services x3710

MAKE T MANUFACTURING. niagaracanada.com

MAKE T MANUFACTURING. niagaracanada.com MANUFACTURING MAKE T The Province of Ontario and Niagara region collaborated throughout the process, providing exceptional service and support in our site location efforts. In particular, they helped us