Posted 9.17.19 @ 0:0
Have you wondered why a lot of businesses seem to be moving to Oakville or want to set up operations in Oakville? Aside from being named as one of the best places to live in, Oakville is one of the best locations in Canada for businesses too for a lot of reasons. Read about them below!
Do you know that Oakville is in the heart of the GTA and is just half an hour away from Toronto? Being just 30 minutes away from the 4th largest city in North America and Canada’s economic powerhouse has plenty of perks! Other businesses come to you!
Competitive Business Cost
Businesses need to make a profit but running a business is also very expensive. In Oakville, tenant rates at business parks are competitive, tax rates are business-friendly, employment lands come with reasonable price compared to other communities in the GTA, and, Ontario has the lowest business cost among G7 countries.
Skilled and Professional Workforce
80% of the population between ages 25 to 65 has a post-secondary education making Oakville one of the most educated communities in the world, not just in Canada. The GTA and Hamilton area has a labour pool of more than 3.5 million individuals who mostly has professional experience and skills in knowledge-based industries.
Major U.S. cities like Washington D.C., Chicago, Boston, and New York are just a day’s drive away from Oakville. Pearson International Airport gives access to more than 180 destinations worldwide via more than 65 airlines.
MoneySense Magazine ranked Oakville as one of the best places to live in Canada for those who want to retire as well as for those who want to raise a family. People are drawn to Oakville’s excellent schools, health services, green spaces, walking trails, and community facilities.
Oakville features quick connections to international, national, and regional markets. The Town is just 25 minutes away from Canada’s largest airport, Pearson International Airport, just an hour away from the U.S. border, only 40 kilometres away from 2 major shipping ports, half an hour away from downtown Toronto and Union Station, has access to highways 407, 403, and QEW within Oakville, and has intermodal rail access.
Ample Land for Investing, Expanding, and Building Facilities
There are a lot of business park space available now and there will be more in the future. There will also be a future district for life sciences and technology aside from the existing developments for industrial facilities and offices.
Easy Access to Top Schools
17 word-class colleges and universities are within an hour’s drive from Oakville. The Town is also home to many of the best private schools in Canada and is also home to Sheridan College for those interested in technical education.
Incentive Programs for Businesses
Oakville offers loans, tax incentives, and government funding programs as well as selected exemption on development charges. There are also local environmental and energy efficiency programs.
Continuous Growth for Key Sectors
Digital media, professional and financial services, life sciences, advanced manufacturing, and ICT and film are growing key sectors in Oakville. Industry leaders like Ford Cana choose to make Oakville their home.
Not only is there a lot of good things to do in Oakville, it is great for business too! Contact us if you’re looking for an Oakville luxury home and we’ll help you make your Oakville move a lot easier!