Strong Economy
A robust economy made for business
Oakville is all about economic opportunity, growth and success, no matter what industry sector you represent.
Our economic indicators show the big picture: from nearly full employment to higher-than-average household incomes.
Economic indicators: Quick facts
Average Household Income
0% Unemployment Rate
0GTHA Labour Force
0% of Residents with Post-Secondary Education
0Source: Environics Analytics, 2020 Estimates; Statistics Canada 2011 Census.
Note: some numbers have been rounded.
Access to major markets
Just west of Toronto, Oakville is the ideal location for companies of all sizes. With connections to Canada's largest city — the country's corporate capital and economic powerhouse — Oakville is right in the centre of the action that drives business.
From here, you gain quick access to two international airports and the US border. Toronto Pearson International, Canada's largest airport, is less than a half-hour drive from Oakville and offers well over 440,000 flights annually to all the places that companies want to reach.
Home Base for Major Employers
We are the location of choice for many Canadian headquarters. Join our distinguished roster of companies such as Ford Canada, Siemens Canada, Collins Aerospace, Restaurant Brands International and HATCH.
Draw from a talented and professional workforce
Oakville's location in the Greater Toronto Area provides our local companies access to some of the top talent in the country. Employers here have access to a labour pool of over 3.5 million in the Greater Toronto and Hamilton Area. All day GO Train service and local transportation options provide commuting options for employees.
Labour Force DataOakville's Key Sectors
Oakville's industry strengths include Professional and Financial Services; Digital Media, ICT and Film; Life Sciences; and Advanced Manufacturing. In Oakville, businesses in these sectors have access to an exceptional talent pool, excellent educational resources, proximity to Canada's corporate and cultural capital, and accessibility to domestic and international markets.
Professional and Financial Services
An established and growing cluster of professional services companies.
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Digital Media, ICT and Film
Home to Sheridan College - one of the top animation schools in the world
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Competitive Costs
Businesses in Oakville benefit from the competitive cost environment in Canada and Ontario where overall business costs are the lowest of all G7 countries. Oakville's local costs such as land, taxes and development charges are competitive, compared to other communities in the Greater Toronto Area.
The top 10 reasons corporate leaders choose Oakville:
Location
Oakville is only 20 minutes outside Toronto
Costs
Oakville offers competitive costs of doing business
Workforce
Oakville is home to a highly skilled and professional workforce
Global Access
Reach your customers in major US and world markets
Lifestyle
One of the top three places in Canada to enjoy life at its best
Transportation
Quick connections to regional, national and international markets
Land
Ample land and facilities to build, expand and invest
Education
Top schools within easy access
Incentives
Programs available to support your business
Key Sectors
Oakville's industry clusters are growing