Oakville has a robust economy made for business
Our economic indicators show the big picture: from nearly full employment to higher-than-average household incomes.
Environics Analytics, 2024 Estimates; *Statistics Canada, 2021 Census
*Some numbers have been rounded. Data reflects numbers from 2020 and may be affected by COVID-19.
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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 nearly 380,000 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 and Geotab.
Oakville's key sectors
Oakville's industry strengths include:
- Professional Services
- Digital Media, ICT and Film
- Life Sciences, and
- Advanced Manufacturing.
In Oakville, businesses in these sectors have access to the Greater Toronto and Hamilton Area's exceptional talent pool, excellent educational resources, proximity to Canada's corporate and cultural capital, and accessibility to domestic and international markets.
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Competitive costs
Businesses in Oakville benefit from the competitive cost environment in Canada and Ontario where overall business costs are some of the lowest of all G7 and OECD countries. Oakville's local costs such as land, taxes and development charges are competitive, compared to other communities in the Greater Toronto Area.