June 15, 2016
Top 10 Reasons to Locate your Business in Niagara
- Easy access to North American and global markets – The region is less than a one-hour drive to Toronto, Buffalo or Western New York. Businesses are within one day’s drive of 55% of all U.S. manufacturing activity, almost half of the U.S. population. Niagara is accessible worldwide through the St. Lawrence Seaway and Welland Canal.
- Well-integrated transportation infrastructure – Niagara’s industries are served by multi-lane provincial highways, and three international and local airports, which are all within a one-hour drive. More than $61.9 billion in annual trade value crosses the Niagara U.S. borders, along with more than 12.7 million people annually.
- Competitive business costs and serviced land – Niagara ranked within the top five of the most affordable areas in North America to do business, study has found. Visit Niagara Commercial Properties to view the most comprehensive real-estate database of available commercial, industrial and agricultural land and buildings for sale or lease.
- Proactive regional and municipal governments – Our governments continually improve business processes including taxes, development charges, and planning approval.
- Highly skilled, well-educated workforce – Our productive labour force of 200,800 people is well-trained in a range of vocations, thanks to the renowned programs offered at Niagara College, Brock University, and other esteemed post-secondary institutions in and near Niagara.
- Post-secondary educational institutions – Niagara College boasts an enrolment of 8,000 full-time students and offers more than 90 programs at campuses in Welland, Niagara-on-the-Lake, Niagara Falls and St. Catharines, while Brock University sees more than 17,000 students come through its doors to study in seven faculties. Also, business technology support is offered through specialized training facilities such as Niagara College’s Centre for Integrated Manufacturing and Applied Research (CIMTAR) and the Technology Skills Centre.
- Multicultural society – More than 20% of Niagara residents speak a second language. Coupled with the region’s diverse tourism base of 14 million visitors annually, it is a multicultural and international society.
- Quality of life – Niagara is a wonderful place to live and work and features an excellent quality of life. From the spectacular Niagara Falls to beautiful parks, golf courses, orchards, vineyards, trails, and gardens, the area’s natural beauty is world-renowned and affordable.
- Research and development tax credits – These measures encourage innovation among entrepreneurs and within our local companies. Go to the “Research and Development” page to research credit and incentive programs.
- High-speed, advanced fibre-optic networks – These systems link Niagara to domestic and international markets.