Oakville continues to be listed among Canada's Best Locations To Invest by Site Selection Magazine
Thursday, September 01, 2022
Oakville continues to be one of the best locations to invest in Canada. For the fourth year in a row, Site Selection Magazine, an international business publication covering corporate real estate and economic development, listed the Town of Oakville among the top 20 regions of Canada’s Best Locations to invest.
Oakville is celebrated as a top choice for site selection based on a healthy number of investments resulting in new company arrivals, facility expansions at existing companies, and new jobs created.
Between April 2021 and March 2022, Oakville welcomed Amazon, Hilti Canada, HealthPRO, Wiseacre Studios Inc., National Veterinary Associates, and Wolseley; Dana Canada Corp., and Spark Power each expanded their facilities; and Geotab grew their workforce. Together, these investments added 600 jobs, supporting the local economy and driving economic growth in the community.
In 2021, the town’s Economic Development department, in partnership with Building Services, implemented a pilot program to provide enhanced service to priority non-residential building permit applications. From April 2021 to March 2022, three new investment files were successfully supported through the pilot program, bringing new companies to Oakville and generating key sector job growth and new industrial development.
Visit Site Selection Magazine’s – Canada’s Best Locations to see the full results and more information about the rankings.
Background
- In addition to this year, Oakville made Site Selection Magazine’s Canada’s Best Locations list in 2021, 2020, and 2019.
- Site Selection Magazine’s – Canada’s Best Locations list highlights the top 20 locations for investment in alphabetical order and by province with the most representation.
Quote
“Council and I are proud the town is being recognized for the fourth year in a row as one of the top 20 places to invest in Canada. More and more businesses are calling Oakville home because our livability and the opportunities that exist to thrive in our community.”
– Mayor Rob Burton
“The town recognizes the key role new investments play in keeping our economy strong. We’re here to help companies realize the value and benefits of doing business in Oakville while also providing support services to both new and existing businesses as they choose to locate, expand or build in our community.”
- Rebekah Diec Stormes, Director of Economic Development