Burlington Halton Hills Milton Oakville

Transcription

1 Burlington Halton Hills Milton Oakville

2 When I ask innovative business leaders why they chose to locate in Halton, I hear a common theme: high quality of life. Employees are a business most valuable asset and Halton is a place employees want to live. Our businessfriendly environment, top notch infrastructure and highly educated workforce are truly Halton s advantage. Gary Carr, Chair

3 Halton at a Glance Demographics Population (thousands) Population (thousands) 50% diverse and multicultural communities % 49% Median Age 39.3 years (forecast) (forecast) Americas Europe Africa Asia Other Origin of newcomers to Halton 2011 quality of life 45 minutes To Toronto or Niagra Falls 13 conservation parks mi of green space 16 Natural beauty miles of waterfront $ 556,407 HALTON average housing price (2012) SAFEST REGION IN CANADA #1 In Comparison 64 % CANADA 65 % ONTARIO 74 % HALTON POST-SECONDARY EDUCATION (Over age 25) canada ontario HALTON avg. household income (thousands ) unemployment rate 2012 halton Average 5.5 % ontario average 7.8 % canada average 7.3 % growth in commercial & office development (millions) $278 $408 $532

4 Canada / Ontario Stable & Growing Economies

5 Canada i i Canada is the best country for business in the G-20 (Forbes, 2012) i i Canada s banking system ranks as the world s soundest (World Economic Forum) Venture Capital Investments in Canada amounted to $1.5 billion in 2012 with $719 million directed to information technology companies Business debt financing $145 billion 2012 Average Prime Lending Rate 3.96% Past 10 years Net Debt-to-GDP Ratio Lowest In G-7

6 Ontario Ontario is building on a history of solid growth and ongoing investments to create a strong economic future. Ontario increased real output by 2.8% in 2010 and expects average growth of 3.1% between 2010 and Ontario is Canada s export leader, producing more than 40% of Canada s merchandise exports. And with 127 foreign direct investment projects worth US$6.1 billion in 2010, Ontario leads North America in FDI projects per capita. Site Selection magazine ranked Ontario as Canada s most competitive province in an annual review of best places for investment and business development. Forbes recently named Ontario a top destination for foreign direct investment in North America and gave the province top rankings in various areas including job creation, tax reform and health care. Ontario s Great Lakes Region is a global powerhouse, containing one of the largest economies in the world worth $4.5 trillion in GDP. As the business and financial capital of Canada, the Greater Toronto Area was the fastest growing economy in Ontario in 2013 and GDP is forecast to grow 2.7% annually to The regional economy currently contributes over $286 billion to the Canadian economy. Ontario s GDP 40% of Canada s total output 7th Largest Economy in North America 2nd Largest Tech Cluster in North America

7 Invest in Halton for... Access to major markets Educated & skilled workforce Advanced infrastructure Incentives & support Modern real estate solutions Above average lifestyle Competitive costs & lower taxes Halton s creative cluster

8 Our Location is Central to Your Success / Access to Major Markets

9 HALTON REGION Niagara Falls Toronto USA Central Location Halton Region is... situated between Toronto & Niagara Falls located on the western edge of the Greater Toronto Area, Canada s economic heartland a two hour plane ride or one day drive to major markets in Canada and U.S. Town of Halton Hills Population: 500,000 & growing City of Burlington Town of Milton Town of Oakville Halton Region is projected to be the fastest growing census division in Ontario through 2036, 67.2% growth from 2012 Market size: 12 million of surrounding area

10 Access to Major Markets Chicago 1.5hrs 7hrs Halton Waterloo.5hr Detroit 1hr 3hrs 50 mi 150 mi Ottawa 1hr Toronto.5hr Niagara Falls Buffalo.5hr 1hr 4.5hrs 1hr Montreal 1hr 5.5hrs Boston 1.5hrs 8hrs 250 mi New York 1.5hrs 7hrs 350 mi Washington D.C. 1.5hrs 8hrs 450 mi

11 On the Move / Advanced Infrastructure

12 Advanced Transportation The transportation infrastructure within Southern Ontario provides Halton companies efficient methods of procuring and moving product, as well as convenient commuting. Direct access to the largest freeway network in Canada: 401, 403, QEW & toll highway 407. i i Only 40 minutes to downtown Toronto via rapid transit Only an hour to the US border 8 train stations and 7 bus terminals are located throughout Halton for the region s rapid transit system Close to other international airports: Toronto Billy Bishop (50 min), Hamilton International (30 min, Canadian hubs for UPS and Purolator couriers), and Buffalo Niagara International (90 min) Halton Hills Halton Milton 401 Burlington John C. Munro International Airport Toronto Pearson International Airport Hamilton Oakville min QEW 1hr Toronto Lake Ontario Niagara Billy Bishop International Airport Buffalo USA Buffalo Niagara International Airport

13 Multimodal Transport AIR Toronto Pearson International Airport (30 min) is Canada s largest and busiest, handling 35 million passengers and 434,000 aircraft in Pearson is one of only two airports in North America with scheduled flights to all six continents, with over 155 destinations around the globe. RAIL Both national railways, the Canadian National (CNR) and the Canadian Pacific (CPR), service Halton Region with connecting lines to intermodal terminals offering domestic and North American market access, overseas containerization and other logistic solutions. Go train provides commuter service. PORT Located on Lake Ontario, Halton is part of the 3,747 km (2,343 mile) St. Lawrence Seaway System. Rail transportation facilities and highways provide access to the shipping ports in Toronto and Hamilton to the Atlantic Ocean.

14 Advanced Connectivity Halton has a highly advanced telecommunications infrastructure. Broadband internet access is available throughout all areas of Halton, with a variety of service providers and options. FTTN (Fibre to the Neighbourhood) available throughout Halton FTTH (Fibre to the Home) is becoming the latest standard in newer developments. Wireless infrastructure: Canada s 14,500 cell towers provide service to over 27 million wireless subscribers. Over 3,700 towers are located in regions around Halton and Toronto.

15 Finding Your Place / Modern Real Estate Solutions

16 Halton offers many unique and competitive real estate options for business. Our location solutions can meet the needs of your industry, from access to talent and amenities, to diversity of space and prices. Easy access to major highways, public and rapid transit stops and stations Close to shopping, restaurants and other amenities Access to Greater Toronto and Waterloo-area talent pools Competitive lease and rental costs New, modern spaces well-suited for emerging and established companies Flexible suite sizes and floor plates Low property tax rates i i Green, environmentally-friendly certified buildings

17 This location appealed to us because it s a growing business community, is close to public transit and major highways, and has leading green design features, all of which support PwC s environmental objectives. Our aim is to create a truly unique PwC work space that meets the diverse and long-term needs of the firm, both for our people and our business. Raj Kothari, Greater Toronto Area Managing Partner, PwC Anchor Tenant at 354 Davis Drive, Oakville

18 Competitive Business Costs / Lower Taxes

19 Competitive Tax Rates 2012 Corporate Tax Rate by Country Canada s corporate tax rates are very competitive amongst advanced economies Corporate Tax Rate Comparisons Communities within Halton have among the lowest commercial property taxes among Ontario s largest urban centres. United States Japan Brazil Milton Oakville France India Italy Australia Mexico Germany Canada Halton Hills Burlington Mississauga Brampton Toronto Ottawa United Kingdom Hong Kong Hamilton London per cent per cent Source: KPMG

20 Smart! Talented! Educated & Skilled Workforce

21 Halton is among Canada s smartest communities. Canadians are the most educated population in the world, outperforming the US, Japan, and the UK. (OECD) Nearly three quarters of Halton residents hold a university degree or college diploma. At 79%, the Town of Oakville has the highest percentage of post secondary graduates among communities (population over 100,000) in Canada. This compares to 64% on average in the rest of Canada. HALTON TORONTO Halton is located in the centre of an education triangle that includes over 16 Colleges and Universities within an hour s drive. Located in Burlington, Canada s highly ranked McMaster University s DeGroote School of Business offers MBA and executive education programs. HAMILTON LAKE ONTARIO NIAGARA USA

22 Sheridan College, Oakville Based in Halton, Sheridan College is one of Canada s most creative post-secondary institutions and is considered the Harvard of Animation Animation wing is home to over 450 Bachelor of Animation students and features multiple studios for production work, as well as a digital stopmotion facility. New degrees in Game Design and Interaction Design launched this Fall (combined total of 140 students). Sheridan animation graduates have been nominated for 8 Academy Awards and won twice In 2013, 60 alumni contributed to 11 Oscarnominated films. According to Animation Career Review, Sheridan is #1 in the world for animation training. In its 2012 ranking of the top 100 schools, the Review cited Sheridan as having the most sought-after graduates by employers like Pixar, Disney and other prominent studios. Sheridan s Screen Industries Research and Training Centre (SIRT) is working to build a competitive advantage for the province s film, television and interactive media industries through applied research, specialized training and technology consulting. Research areas include digital workflow technologies and processes, Stereoscopic 3D, and High Frame Rate cinema. SIRT is a unique, neutral convergence hub for industry collaboration.

23 Specialized Digital Media Programs There are close to 124 programs offered in the surrounding Halton area that focus on digital media and gaming, including: Graduate Program in Digital Futures Ontario College of Art and Design Bachelors of Game Design Sheridan College Bachelor of Animation Sheridan College Technology Internship Program York University Integrated Animation Diploma Mohawk College

24 Access to a concentrated labour pool Locating in Halton mean access to a talented labour pool of 5.5 million within an hour s drive. There were over 281,000 residents in Halton s labour force in 2011, with concentrations in retail sales and service, business and finance, and management. Halton s labour force is represented in all major occupational groups Rapid population growth and a high-density area mean proximity to a highly skilled workforce that can sustain a constantly changing and growing economy Over 49,000 residents in neighbouring communities travel to Halton daily for work Access to 5.5 million labour pool Halton 281,000 labour pool Halton 13%+ labour pool growth ( ) Halton Labour Force by Occupation Natural resources, agriculture & production Art, culture, recreation & sport Manufacturing & utilities Health care Natural & applied sciences Trades, transport & equipment operators Education, law and social & government services Management Business, finance & administration Sales & service Thousands

25 Businesses in Halton employ nearly 189,000 workers, primarily in the manufacturing, retail, and health care sectors. Digital Media Sector Average Salaries California vs Greater Toronto Area Employment Distribution Utilities Primary Industry Real Estate & Rental/Leasing Construction Transportation & Warehousing Business & Support Services Public Administration Finance & Insurance Other Services Information / Cultural / Recreation Wholesale Trade Accommodation & Food Services Educational Services Professional, Scientific & Technical Services Health Care & Social Assistance California GTA Programming: $84,470 $79,211 Animation: $76,010 $62,200 Game Design: $74,000 $63,588 Production: $120,530 $79,645 Source: Recruiter.com; The Ian Martin Group, 2013 Retail Trade Manufacturing 0% 2% 4% 6% 8% 10% 12% 14% 16%

26 Ethnically Diverse Workforce Multicultural communities produce the most innovative, creative ideas! Halton is within a 40 minute drive to Toronto, one of the most culturally diverse cities in the world. Over 140 languages are spoken in the Greater Toronto area! Several settlement agencies and organizations help New Canadians feel right at home including: Halton Multicultural Council, The Centre for Skills Development and Training & Newcomer Information Centre Best Place for New Immigrants According to MoneySense magazine, Halton is also home to the first (Burlington) and sixth (Oakville) best places for immigrants to live in Canada: Oakville has a mix of rental units, starter homes and mega mansions all by the waterfront making it an ideal place to begin a new life. Toronto is only a short train ride away Burlington has it all for newcomers and seasoned Canadians alike. It s balmy by Canadian standards with more than 125 days a year above 20 o C, houses are affordable and jobs are plentiful.

27 Creativity at Work / Halton s Creative Cluster

28 Halton s Creative Cluster Halton has a growing interactive digital media sector. Business to consumer products and services include: Animation and Films Video Games Apps for Mobile Devices Business to business products and services include: Mobile Tracking GEOspace management 3D Imaging, Educational Software Gamification of Life Sciences and Other Industries

29 Top Digital Media Employers Business Location Employees Industry Description Target Market L-3 Communications Wescam Burlington over 500 Mfg. digital imaging and aerial camera systems Business Evertz Microsystems Burlington 250 to 500 Mfg. digital network and video systems Business Pelmorex Media (The Weather Network) Oakville 250 to 500 Digital Production and Broadcasting Consumer Adflow Networks Burlington 25 to 50 Interactive digital design and signage Business Rockstar Toronto Oakville 25 to 50 Interactive multimedia and gaming Consumer Fusenet (Audiobooks) Oakville 25 to 50 Software development and interactive media solutions Consumer Thrillworks Burlington 25 to 50 Website development and interactive media solutions Business Javelin Technologies Oakville 25 to 50 3D marketing solutions and interactive animation Business Creative Bube Tube Milton 10 to 25 Digital marketing and social media solutions Business Awareness Inc. Burlington 10 to 25 Digital marketing and social media solutions Business Other key digital media companies in Halton include: RedBit Development Tok Media Rez Nexed yapagame Geotab iviewsystems Yakidoo Inovex Erms Cinema Suite Jasper Smart Energy Instruments

30 Spotlight: Rockstar Games By staying in Oakville, Rockstar Games retained their talent and their location which allowed them to easily tap into downtown Toronto workers who can reverse commute to Oakville In 2012, Rockstar Toronto consolidated its Vancouver office and expanded its Midtown Oakville facility adding 50 new positions. Rockstar Games is considered one of the top game developers in the world, creating titles such as the Grand Theft Auto series, L.A. Noire, Bully and more. Competitive Costs Senior management live in Oakville Continued ongoing successful studio operations Access to Sheridan College and its pipeline for talent Expanding Rockstar Toronto and bringing our Canadian development talent together under one roof underscores our commitment to building world-class teams that can make the kind of groundbreaking entertainment experiences Rockstar Games is known for. Jennifer Kolbe, vice-president of publishing and operations for Rockstar Games

31 Spotlight: Evertz Microsystems A Burlington-based developer and global leader in video infrastructure solutions for production, play-out and delivery systems for television broadcasters, telecom and multi-system operators Over 900 employees worldwide i i Offers a next generation control system that unifies control of all production facility elements including slow motion replay technology, providing a fresh new approach to live production and sporting broadcasts Dreamcatcher, named the biggest technology innovation of the year (SVG, 2013) is based on Evertz s intuitive VUE user interface and provides enhanced story-telling capabilities by allowing the production team to capture events from all angles.

32 Spotlight: L3 Wescam L3 Wescam produces an advanced Electro-Optic/ Infrared (EO/IR) laser imaging and targeting system that provides unparalleled image stability and long-range detection capability to defense/military, homeland security and airborne law enforcement agencies worldwide. Employs about 1,300 i i L3 Wescam s Burlington location designs and manufactures the MX line of multi-sensor imaging and targeting system and is the operations centre office for project management, contacts, marketing, finance, training, customer support and human resources Wescam products used in sporting events such as NASCAR A recent $10 million federal defense contract will allow L3 Wescam to expand and hire up to 90 new high-skilled employees including engineers, project management staff and supply chain specialists.

33 Spotlight: Media Rez Studio A 3 ½ year old Oakville-based artist driven studio specializing in illustrations, graphic design, animation production, storyboard, visual development, layout design, background painting, 2D/3D animation and compositing. 65 artists Media Rez artists have featured Oakville s scenery in some of their recent design projects, working to capture what makes Oakville proudly proclaim itself to be a town, despite its growth, and some of the things that make the town one of the most liveable in Canada. The company is looking to grow and expand its employee base, partnerships and scope of work beyond graphic design to include television projects and other multimedia. View Media Rez Studios 2013 Demo Reel Oakville is a great place to live, learn and work. My own Sheridan experience, access to a rich local talent pool and Halton s business-friendly local and regional governments have been instrumental in our initial success. Sheridan College graduate, Founder & Managing Director, Derek Lee

34 Testimonial: Sanjay Singhal, CEO of Audiobooks.com Testimonial: John Carlan, Managing Director of Javelin Technologies

35 Ontario Wants Your Business / Incentives & Support

36 In today s economy, ideas and innovation are important currency. Supporting Ontario s digital media industry is a vital part of our plan for economic prosperity. We will continue to make the right kind of investments to help companies succeed in the global economy and create more high-level jobs for the people of Ontario. Kathleen Wynne, Premier of Ontario

37 Profit from Sustainable Tax Incentives & Industry Support Ontario wants your business and proves it, with generous tax incentives to help your company stay competitive on the world stage. Ontario Computer Animation and Special Effects Tax Credit (OCASE) is a refundable tax credit of 20% to eligible companies for qualifying Ontario labour expenses in the production of computer animation and special effect activities in film or TV. More information. Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit of 35% or 40% for eligible labour, marketing and distribution expenditures for the creation of interactive digital media products. More information. Ontario Emerging Technologies Fund targets digital media firms. These firms are included in Ontario s emerging technology sectors. You may be able to access up to a maximum of $25 million for your business. Scientific Research and Experimental Development (SR&ED) Tax incentives are aimed at innovative companies to reduce R&D costs.

38 Japan Australia Italy United States Germany UK France Ontario (Halton) Netherlands Japan Australia Italy United States Germany UK France Ontario (Halton) Netherlands Baseline Baseline Location Infrastructure Real Estate Competitive Costs Talent Creative Cluster Incentives & Support Living Here Contact Us Ontario s Cost Advantage Federal and Ontario provincial research and development tax credits combine to offer Canada the most favourable tax treatment among G7 countries giving innovation companies the ability to cut R&D expenditures by up to 63%. Ontario Technology Corridor R&D Cost Advantage Video Game Production Cost Advantage Higher cost Lower cost Higher cost Lower cost % %

39 Industry Support Halton is home to an extensive network of government and private organizations and partnerships that assist technology entrepreneurs and companies develop their ideas, commercialize their products and establish and expand their businesses. HalTech, Halton s Regional Innovation Centre, assists Halton s technology entrepreneurs and companies develop their ideas, commercialize their products and establish and expand their businesses. HalTech helped us get organized and outline our priorities. They just kept on encouraging us, making connections for us. Lucky for us, they re just the best in doing that. If they can help, they help. Ben Sainsbury, Cinema Suite, a company developing innovative, interactive digital media content and software applications

40 Angel One Investor Network Angel One Investor Network is a member-based, not not-for-profit organization made up of accredited investors who live, work or have strong interest in Halton and other communities at the western end of Lake Ontario. Angel One members are defined by their records of success. They are accredited and engaged CEOs, entrepreneurs and professionals who have proven their abilities in business. Since incorporating in 2011, more than $9.5 million has been invested by 80-plus members into 30 investments by early-stage innovative companies. This has resulted in a tremendous level of investment and job creation, delivering over $26 million in equity and government funding, making Angel One a top ranked angel group in Canada. Angel One Investor Network Invests In: Clean Technology Medical Devices and Equipment Healthcare Services Mobile Industrial/Energy Software Internet / Web Services

41 Living Here / Above Average Lifestyle

42 With an above average lifestyle and boundless opportunities for recreation, access to quality education and world class universal healthcare, it s no wonder Halton is the fastest growing region within the Greater Toronto Area. Cost of Living Compared to other places in the world, Ontario cities rank favourably in cost of living surveys, according to Mercer s Worldwide Cost of Living survey. Most expensive cities 2 Tokyo 18 London 19 Seoul 20 Beijing 27 Paris 32 New York 59 Toronto #1 For the 5th consecutive year, Halton Region has been named the Safest Place to Live in the Greater Toronto Area and the Safest Regional Municipality in Canada.

43 Education: Elementary & Secondary Schools Halton s schools are consistently ranked higher within the province of Ontario, with 89% of secondary students in the public board and 90% of students in the Catholic Board successfully passing literacy testing compared to 82% in the rest of Ontario. French schooling is available. i i Facilities for adult continuing education and centres for skills development and training. In Oakville, Appleby College is ranked among the top 25 private schools in Canada. Additional information on Ontario s education systems and other programs and services is available to newcomers at 88,000 elementary students 126 provincially funded elementary schools 32 renowned private schools 90% literacy rate

44 Healthcare Halton Region offers a wide variety of health care services including four hospitals, one in each of Halton s four communities. All citizens and permanent residents in Ontario can access universal health care services under the Ontario Health Insurance Plan (OHIP), which covers the full cost of doctor examinations, medical testing, emergency care and hospital care. The new Oakville Hospital project is one of the largest healthcare redevelopment projects in Ontario s history. The new hospital will offer a full range of acute health care services and state-of-the-art features and technologies. Architectural Representation

45 After the work day is done, it s time to unwind in Halton! Locating in Halton means having access to all of the 4-season experiences offered by a major urban centre, along with countless opportunities to enjoy the great outdoors in a rural setting. Escarpment views, forests and fields, perfect for hiking, biking and picnicking Farm fresh goodness at farmers markets in every town or directly at the farm 25 world class golf courses Sophisticated small towns with unique shopping and fine dining par excellence Sporting and eco adventures such as horseback riding, kayaking, fishing, boating, rock climbing, skng and sailing Botanical Beauty throughout Halton and at the Royal Botanical Gardens Arts, entertainment, heritage and festivals such as the Resaissance Festival, Ribfest, Sound of Music, Jazz Festival and Fall Fairs

46 Halton Region Economic Development Halton s Economic Development group can assist with your investment and location needs, offering a one-window approach. With a broad range of knowledge and contacts, we can provide you with support services and a detailed response that provides the information you need on our region s economy, labour force, business costs, infrastructure, real estate and lifestyle. Services and information include: Site selection and real estate solutions Coordination of site visits and tours Statistical data on Halton s economy and demographics Sector and industry analysis Liaison between government agencies, industry organizations and local businesses Workforce development For more information about Halton or to get connected to opportunities, contact: Bethany Moir Manager, Economic Development bethany.moir@halton.ca ext Stephanie Mazhari Economic Development Officer Investment stephanie.mazhari@halton.ca ext