Businesses want to be in Halton. Whether it’s a professional office, manufacturing facility or distribution warehouse, Halton offers the right mix of competitive taxes, infrastructure and high quality of life.
A critical component of our community is supporting and preserving our strong economy, while ensuring businesses keep coming to Halton. Regional Council recently received Halton’s 2013 Economic Review and I was once again impressed with how the Region’s commitment to building a strong economy, along with our strong business community is contributing to a vibrant Region.
A strong business investment in the region helped Halton’s unemployment rate drop to 4.7% in 2013, significantly lower than the rest of the Greater Toronto Area and Ontario. Also helping to lower our unemployment rate was more than 1,000 jobs coming to Halton thanks to new businesses, such as Toronto Premium Outlets Mall, Gypsum Technologies, Amazon.com, David Roberts Food, UPS Canada and Lowes Canada, opening their doors in Halton. Another 2,800 jobs were secured with Ford Motor Company announcing its $700 million investment at its Oakville assembly complex.
With Halton remaining a cost competitive location within the Greater Golden Horseshoe area for new industrial and office development, we can anticipate more businesses coming to the area. Halton is also seeing a confident business outlook, with 91% of Halton businesses surveyed anticipating economic conditions in Halton improving or remaining the same over the next year.
Halton Region is an economic hotspot and businesses are choosing to locate here because of our low taxes, with eight consecutive years of a tax freeze; investments in infrastructure, with $289 million committed to roads in the region in 2013; and our high quality of life, with 99% of Halton residents rating the quality of life very high.
By continuing to plan for today and tomorrow, Halton Region will continue to support its vibrant business community. See first-hand how Halton’s strong economy, infrastructure and high quality of life are keeping Halton a great place to live and work.
As always, if you have any Regional concerns or comments you would like to share, please feel free to email me at firstname.lastname@example.org. You can also find me on Twitter @garycarrhalton, LinkedIn or Facebook. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”