Economic Development Plan 2024-2029

The Town of Oakville is preparing an update to its Economic Development Plan for the 2024-2029 five-year period.

A new economic development plan is underway

As Oakville continues to grow and thrive, it remains a desired place to live with a strong, growing, and educated workforce to support the economy. 

A growing community is an opportunity for economic development through an increased talent pool and business activity. On the other hand, increased focus must be given to keep pace with opportunities and trends. 

Assisting the town is Deloitte LLP's Economic Advisory team.

Current Economic Development Strategy: 2019-2024

Vision: Oakville is the community where companies want to be.

The strategy speaks to the collective aspirations that emerged as priorities for a diverse and prosperous economy in Oakville. It is based on a comprehensive understanding of the town, businesses and stakeholders. It leverages the town’s strengths, competitive advantages and opportunities as well as addresses challenges.

The town’s current economic development strategy has three goals: attracting new investment; responding to the needs of local businesses; and supporting our commercial districts.

Economic Development Strategy: 2019-2024