KNOW T - EDAC€¦ · • Augmented Reality Research Centre • Canadian Food & Wine Institute...
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KNOW T niagaracanada.com
Transcript of KNOW T - EDAC€¦ · • Augmented Reality Research Centre • Canadian Food & Wine Institute...
KNOW Tniagaracanada.com
THE RESULTS ARE IN…NIAGARA IS BETTER FOR YOUR BOTTOM LINE
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Source: KPMG Competitive Alternatives Report 2016.
Unique and aggressive development incentives and tax rebates not found anywhere else in Ontario.
ONTARIO’S
2ND MOSTCOMPETITIVE CENTRE FOR BUSINESS115
3RD MOST COMPETITIVE IN DIGITAL SERVICES7TH MOST COMPETITIVE IN MANUFACTURING9TH MOST COMPETITIVE OVERALL18TH MOST COMPETITIVE IN R&D
A LEADER IN COST COMPETITIVE AMONGST
NORTH AMERICAN CENTRES
A STRATEGIC LOCATION IN THE HEART OF ONE OF NORTH AMERICA’S BUSIEST ECONOMIC TRADE CORRIDORS
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Metropolitan Area
TORONTO
DETROITCOLUMBUSNEW YORKPHILADELPHIABOSTONCHICAGO
DRIVING DISTANCE100 km (60 miles)350 km (215 miles)565 km ( 350 miles)650 km ( 400 miles)650 km ( 400 miles)775 km ( 480 miles)830 km (515 miles)
POPULATION 6 million4 million2 million20 million
6 million4.5 million
9.5 million
600 k
m700 k
m800 k
m
100 k
m200 k
m
300 k
m400 k
m500 k
m
372 m
iles
434 m
iles
496 m
iles
124 m
iles
186 m
iles
248 m
iles
310 m
iles
OTTAWA
TORONTO
NIAGARA BUFFALODETROIT
WINDSOR
CLEVELAND
PITTSBURGH
GREEN BAY
MILWAUKEE
CHICAGO
INDIANAPOLIS
ST. LOUISCINCINNATI
COLUMBUSBALTIMORE
WASHINGTON DC
PHILADELPHIA
NEW YORK
BOSTONALBANY
QUEBEC CITY
MONTREAL
LOUISVILLE ACTUAL DISTANCE
ONTARIO’S SINGLE PAYER HEALTH SYSTEM = COMPETITIVE EMPLOYER HEALTHCARE COSTS
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91$635,000
EMPLOYEES
CANADA HAS A KEY COST ADVANTAGE OVER THE U.S.: HEALTHCARE.
20% OF OVERALL HEALTHSPENDING IN THE US IS BORNE BY COMPANIES
4% IN CANADA
A NIAGARA ADDRESS WILL SAVE A TYPICAL EMPLOYER WITH
MORE THANIN ANNUAL HEALTH CARE COSTS WHEN COMPARED TO THE US.
VS
COMPETITIVETAX RATES
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COMMERCIAL OFFICE BUILDINGS PROPERTY TAXES PER SQ. FT.
Welland: St. Catharines: Niagara-on-the-Lake:
Oakville: Whitby: Thunder Bay:
VS
STANDARD INDUSTRIAL PROPERTY TAXES PER SQ. FT.
VS
$1.75$2.41$2.48
$4.05$4.39$4.50
Pelham:Welland: Niagara-on-the-Lake:
Oakville: Caledon:Ottawa:
$1.14$1.62$1.71
$2.93$2.94$2.96
INDUSTRIAL LAND THAT’S SHOVEL READY
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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
STRATEG C
AN ADDRESS IN ONE OF NORTH AMERICA’S BUSIEST ECONOMIC TRADE CORRIDORS MEANS …YOU’RE ON THE ROAD TO EVERYWHERE
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QEW
406
QEW
420
405ST. CATHARINES
NIAGARA-ON-THE-LAKE
NIAGARAFALLS
WELLAND
FORT ERIEBUFFALOPORT COLBORNE
GRIMSBY
HAMILTON
BURLINGTON
OAKVILLE
MISSISSAUGA
TORONTO
LAKE ONTARIO
LAKE ERIE
GUELPH
CAMBRIDGE
BRANTFORD
USA
CANADA
LINCOLN
PELHAM
WAINFLEET
WEST LINCOLNTHOROLD
HIGHWAYS4 - 400 SERIES
ST. CATHARINES
NIAGARA-ON-THE-LAKE
NIAGARAFALLS
WELLAND
FORT ERIEBUFFALOPORT COLBORNE
GRIMSBY
HAMILTON
BURLINGTON
OAKVILLE
MISSISSAUGA
TORONTO
LAKE ONTARIO
LAKE ERIE
GUELPH
CAMBRIDGE
BRANTFORD
USA
CANADA
LINCOLN
PELHAM
WAINFLEET
WEST LINCOLNTHOROLD
AIRPORTS6 INTERNATIONAL
WITHIN 100KM
ST. CATHARINES
NIAGARA-ON-THE-LAKE
NIAGARAFALLS
WELLAND
FORT ERIEBUFFALOPORT COLBORNE
GRIMSBY
HAMILTON
BURLINGTON
OAKVILLE
MISSISSAUGA
TORONTO
LAKE ONTARIO
LAKE ERIE
GUELPH
CAMBRIDGE
BRANTFORD
USA
CANADA
LINCOLN
PELHAM
WAINFLEET
WEST LINCOLNTHOROLD
RAILROADS2 CLASS-1
ST. CATHARINES
NIAGARA-ON-THE-LAKE
NIAGARAFALLS
WELLAND
FORT ERIEBUFFALOPORT COLBORNE
GRIMSBY
HAMILTON
BURLINGTON
OAKVILLE
MISSISSAUGA
TORONTO
LAKE ONTARIO
LAKE ERIE
GUELPH
CAMBRIDGE
BRANTFORD
USA
CANADA
LINCOLN
PELHAM
WAINFLEET
WEST LINCOLNTHOROLD
CANALWELLAND
ST. CATHARINES
NIAGARA-ON-THE-LAKE
NIAGARAFALLS
WELLAND
FORT ERIEBUFFALOPORT COLBORNE
GRIMSBY
HAMILTON
BURLINGTON
OAKVILLE
MISSISSAUGA
TORONTO
LAKE ONTARIO
LAKE ERIE
GUELPH
CAMBRIDGE
BRANTFORD
USA
CANADA
LINCOLN
PELHAM
WAINFLEET
WEST LINCOLNTHOROLD
CROSSINGS5 INTERNATIONAL BORDER
AN ADDRESS IN ONE OF NORTH AMERICA’S BUSIEST ECONOMIC TRADE CORRIDORS MEANS …A+ INFRASTRUCTURE
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4 400-SERIES HIGHWAYS
5 INTERNATIONAL BORDER CROSSINGS INTO THE US
2 CLASS 1 RAILWAYS
6 INTERNATIONAL AIRPORTS WITHIN 100 KM
TO GLOBAL SHIPPING SUCCESS
WELLAND CANAL CONNECTS THE GREAT LAKES TO THE ATLANTIC OCEAN
A PROVEN ROUTE
AN ADDRESS IN ONE OF NORTH AMERICA’S BUSIEST ECONOMIC TRADE CORRIDORS MEANS …THE NIAGARA FOREIGN TRADE ZONE TEAM IS AT YOUR SERVICE
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Easy one-call access to a team of importing and exporting expertsDuty and tax exemptions and deferrals on applicable goodsMentoring and support from industry experts
SUPPORT
EASY ACCESS MENTORING
EXEMPTIONSINCENTIVE PROGRAMS
DEFERRALSDUTY & TAX
DUTY & TAX
NCENTIVES
NIAGARA GATEWAY ECONOMIC ZONE IMPROVEMENT PLAN INCENTIVES
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• No other incentive program like thiswithin Ontario
• Available for projects in Fort Erie,Niagara Falls, Welland, Thorold andPort Colborne
• Receive property tax incentives basedon your project’s economic andenvironmental impact
CANADIAN WAS APPROVED FOR GATEWAY INCENTIVES FROM 2015 - SEPT 2017
$36 MILLION MORE THAN
INDUSTRIAL DEVELOPMENTINCENTIVES
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• Eligible developments, expansions,conversions and demolitions can saveup to 100% of Development Charges
• Significant savings for sustainable choices
• Available across all 12 Niagara municipalities
• Responses regarding eligibility in less than2 weeks
WAS PROVIDED IN DEVELOPMENT CHARGE INCENTIVESFROM 2015 - 2017
$6 MILLION OVER
BROWNFIELD REDEVELOPMENT INCENTIVES
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• Apply for tax freezes during redevelopment
• Receive financial assistance for environmental studies
• Access rebates to help offset increases in property taxes
PLUS...
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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
CONCIERGE-STYLE ASSISTANCE FROM NIAGARA’S ECONOMIC DEVELOPMENT EXPERTS FOR OTHER MUNICIPAL, REGIONAL, PROVINCIAL AND FEDERAL PROGRAMS
PLUS...
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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
CONCIERGE-STYLE ASSISTANCE FROM NIAGARA’S ECONOMIC DEVELOPMENT EXPERTS FOR OTHER MUNICIPAL, REGIONAL, PROVINCIAL AND FEDERAL PROGRAMS
WORK T
A WORKFORCE THAT GETS THE JOB DONE
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59% HAVE POST-SECONDARY EDUCATION 17% HAVE COMPLETED AN APPRENTICESHIP OR TRADE CERTIFICATE 47% HAVE COLLEGE CERTIFICATE/DIPLOMA 36% HAVE UNIVERSITY DEGREE
A WORKFORCE OF
229,000+THAT GETS THE JOB DONE
EDUCATE | INNOVATE | PARTICIPATE
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18 115 NORTH AMERICAN RANKINGFOR R&D COMPETITIVENESS
OUT OF
INCUBATORS
COMMERCIALIZATIONANGEL
INVESTORS
PARTNERSHIPSRESEARCH
INNOVATE NIAGARASMALL BUSINESSENTERPRISE CENTRES
GENERATOR AT ONE
LEARN T
BROCK UNIVERSITY
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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
ST. CATHARINES
18,000+STUDENTS
TOP 5IN CANADIAN CO-OP LEARNING
NIAGARA COLLEGE
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WELLAND ANDNIAGARA-ON-THE-LAKE
9,000 FULL-TIMESTUDENTS 15,000
CONTINUINGEDUCATION 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 AdvancedManufacturing and Innovation
• Walker Advanced Manufacturing Innovation Centre
VINELAND RESEARCH AND INNOVATION CENTRE
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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
20 PHDSON STAFF
VINELAND
L FESTYLE
NIAGARA’S RICHER LIFESTYLE
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LOW HOME PRICES
EXCELLENT SCHOOLS
OUTSTANDING REC & LEISURE
4 SEASONS OF GREAT WEATHER
AN EASY COMMUTE
NIAGARA’S RICHER LIFESTYLE EQUATION
GREATSCHOOLS
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137 ELEMENTARYSCHOOLS
26 SECONDARYSCHOOLS
6 INDEPENDENTSCHOOLS
1COLLEGE 1UNIVERSITY
21 COLLEGES AND UNIVERSITIESWITHIN 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
OUTSTANDINGLEISURE AMENITIES
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110+FITNESS AND RECREATION CENTRES
300+ CYCLINGTRAILS
40 G0LFCOURSES
KM
30+ ARENAS
10 MARINAS
23+ ANNUAL FESTIVALS, EVENTS & FAIRS
96+ WINERIES
A WEATHER FORECAST THATSHINES IN EVERY SEASON
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Off-shore breezes circulate between Lake Ontario and the Niagara Escarpment and moderate seasonal temperatures across the Niagara Peninsula.
JAN-4.2 ºC
( 24.44 ºF )
FEB-2.7 ºC
( 27.14 ºF )
MAR1.2 ºC(34.16 ºF )
APR7.4 ºC(45.32ºF )
MAY13.7 ºC
(56.66ºF )
JUN19 ºC(66.2ºF )
JUL22.2 ºC( 71.96 ºF )
AUG21 ºC( 69.8 ºF )
SEP16.8 ºC
(62.24 ºF )
OCT10.6 ºC
(51.08ºF )
NOV4.4 ºC(39.92ºF )
DEC-1 ºC(30.2ºF )
ONE OF NORTH AMERICA’S SHORTEST, MOST SCENIC COMMUTES
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LOWEST TRAFFIC CONGESTION IN CANADA
NEXUS PASS FOR EASY BORDER CROSSINGS
DAILY GO TRAIN SERVICE FROM TORONTO COMING IN 2021
CITYNIAGARAVANCOUVERTORONTOSEATTLE
DRIVING TIME IN CONGESTION3%9%12%13%
PEAK HOURS IN CONGESTION5.1%30.4%45.6%54.8%
L VE
AFFORDABLEREAL ESTATE
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NIAGARA IS ONE OF THE
$822,681$388,500AVERAGE HOME PRICE
IN CANADA TO BUY REAL ESTATEBEST PLACES
NIAGARA AVERAGE HOME PRICE TORONTO
MLS $CDN 2017
NVEST
REAL-WORLDRESULTS
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IN INVESTMENT IN THE LAST FIVE YEARS
OVER $4 BILLION
IN INDUSTRIAL AND COMMERCIAL BUILDING INVESTMENT FROM 2014 - 2017
$1.52 BILLION
NIAGARA’S GROWTH RATE SOARED BY MORE THAN
300%FROM 2011 - 2016
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COMPLETED SINCE 2012
Niagara Health Systems & Walker Family Cancer CenterIvanhoe Cambridge Outlet Collection at NiagaraCytec Industries Manufacturing Facility Cairns Family Health & Bioscience Research ComplexMeridian Centre Arena First Ontario Performing Arts CentreBrock University School of Fine & Performing Arts
INVESTMENTCLIMATE
$1.3 BILLION$178 MILLION$175 MILLION$111 MILLION$50 MILLION$62 MILLION$42 MILLION
IN PROCESS
GE Manufacturing FacilityGM Manufacturing Facility Expansion
$345 MILLION$50 MILLION
MAKE T
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MANUFACTURING: MAKE IT
620 MANUFACTURINGBUSINESSES
$2.17 BILLION(14%) OF REGIONAL MANUFACTURING GDP
BIG LEAGUEMANUFACTURING COMPETITIVENESS
11th - MONTREAL 12th - TORONTO 61st - CLEVELAND 88th - PITTSBURGH 92nd - DETROIT 95th - CHICAGO 112th - NEW YORK
7th4 400-SERIES HIGHWAYS
5 INTERNATIONAL BORDER CROSSINGS INTO THE US
2 CLASS 1 RAILWAYS
6 INTERNATIONAL AIRPORTS WITHIN 100 KM
TO GLOBAL SHIPPING SUCCESS
WELLAND CANAL CONNECTS THE GREAT LAKES TO THE ATLANTIC OCEAN
A PROVEN ROUTE
17,000 EMPLOYED IN THE SECTOR
Airbus Helicopters • Bosch Rexroth Canada Corp • General Electric General Motors • Jungbunzlauer Canada Inc • Post Foods Canada Corp.
IN GOOD COMPANY
GROW T
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AGRI-BUSINESS:GROW IT
215,000+ACRES OF FARMLAND
200+GREENHOUSES
1,800+FARMS
$1.41 BILLIONTOTAL REGIONAL AGRICULTURE GDP
20,000+ JOBS
80%NIAGARA PRODUCES
WINE AND GRAPES$320 MILLIONRECENT INVESTMENTS OF OVER
IN THE FOOD AND BEVERAGE INDUSTRIES
OF CANADA’S
Andrew Peller Limited • Canopy Growth Corp. • Henry Of Pelham Family Winery Jungbunzlauer • Post Foods Canada • Parmalat Canada • Tweed FarmsWayne Gretzky Estates Winery & Distillery • Westbrook Greenhouse Systems Ltd.
IN GOOD COMPANY
ONE-OF-A-KIND NIAGARA ESCARPMENT MICROCLIMATE WORLD-CLASS RESEARCHERS AND RESEARCH FACILITIES
SQUARE FEET OF LICENSED CANNABIS CULTIVATION1.86 MILLION EXPECTED TO DOUBLE BY THE END OF 2019.
MOVE T
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TRANSPORT & LOGISTICS:MOVE IT
$100BILLIONIN TRADE
989 SELF-EMPLOYED IN THE SECTOR435 TRANSPORTATION &
LOGISTICS BUSINESSES
1 OUT OF EVERY 6TRUCKS THAT TRAVEL BETWEEN CANADA AND THE US1 MILLION TRUCKS EACH YEAR
FOREIGN TRADE ZONE STATUS
TAX & DUTY SAVINGSFOR NIAGARA EXPORTERS
Algoma Central Corporation • Canada BW Logistics Inc. • Claire’s Logistics &Warehousing • Livingston International • St. Lawrence Seaway Management Corporation • WP Warehousing Inc
IN GOOD COMPANY
PASSING THROUGH NIAGARA EACH YEAR:
78%OF ALL ST. LAWRENCE SEAWAY SYSTEM FREIGHT$276 MILLION IN ECONOMIC ACTIVITY
BUILD T
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TOURISM:BUILD IT
$1.94 BILLION IN ANNUAL VISITOR
SPENDING
4 SEASONSOF INTERNATIONALLY RENOWNED FESTIVALS & EVENTS
TOURISM-RELATED BUSINESSES IN NIAGARA
2,500ANNUAL VISITORS
12 MILLION
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
IN GOOD COMPANY
OVER $300 MILLIONIN RECENT TOURISM INVESTMENT
A WINNING STRATEGY FOR SPORTS TOURISM
STATE-OF-THE-ART CONFERENCE SPACE
GO TRAIN SERVICE FROM TORONTO
JOBS WITHIN NIAGARA’S TOURISM SECTOR
36,420
SERV CE
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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
THE NIAGARA ECONOMIC DEVELOPMENT TEAM ISAT YOUR SERVICE
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MEET THE TEAM
KEN SCHOLTENSManager, Business Development and Expedited Services905-980-6000 [email protected]
DAVE RAYMONDManager, Strategic Marketing905-980-6000 [email protected]
JUDY MACPHERSONEconomic Development Assistant905-980-6000 [email protected]
VALERIE KUHNSManager, Strategic Initiatives905-980-6000 [email protected]
BLAKE LANDRYManager, Economic Research and Analysis905-980-6000 [email protected]
JAYESH MENONForeign Trade Zone Coordinator905-980-6000 x3440 [email protected]
KELLY PROVOSTEconomic Development Officer905-980-6000 [email protected]
TIM REYNOLDSManager, Trade and Investment905-980-6000 [email protected]
