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BRAMPTON
CHICAGO
DETROIT
MONTREAL
TORONTO
BOSTON
BUFFALO
NEW YORK
Top reasons Brampton has
everything you need for your
business to succeed
• Easy access to major markets and more than 450 million North
American consumers.
• Brampton is at the hub of North America’s transportation network
with the added plus of being the continent’s largest inland port.
Its location makes delivering products from factory to market
remarkably quick and convenient.
• Brampton is young, educated and highly skilled. A motivated and
growing labour force at your fingertips.
• Brampton is a proven success story. It’s already home to multiple
thriving industry leaders and there’s room for many more.
• Brampton has been included in the Top 10 American Cities
of the Future 2013/2014 – Best Business Friendliness and
Best Infrastructure.
• Brampton has a strong economy and is well-positioned for business
investment. Its stable marketplace offers competitive energy prices,
streamlined regulations and a low-risk investment climate. AAA
credit rating from Standard and Poor’s for eight consecutive years.
• First city in the Greater Toronto Area (GTA) and one of only 10 in
North America to be designated an International Safe Community
by the World Health Organization (WHO).
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Brampton
overview
Brampton: located in the 3rd largest
North American financial services centre
BRAMPTON SECTOR
DIVERSITY BY EMPLOYMENT
Get to know us. We’re a people-powered economy.
EMPLOYMENT SECTOR
EMPLOYMENT
Retail administration and logistics
35,800
Advanced manufacturing*
26,500
Business services
10,500
Information and communication technology
7,800
Food and beverage
7,500
Life sciences
6,700
SECTOR SPECIFIC TOTAL
(direct employment only)
TOTAL WORKFORCE
94,800
155,000
*excl. ICT, Food and Beverage and Life Sciences
Source: 2013 Brampton
Employment Survey
With a population approaching 600,000, Brampton is the ninth largest city
in Canada and the third largest in the Greater Toronto Area (GTA).Averaging
18,000 new residents per year, it is also the second fastest growing city
among the largest 50 cities in Canada.
If location is everything, then Brampton has got it all. It is conveniently
adjacent to Canada’s largest airport, Toronto Pearson International,
and home to CN, the largest intermodal railway terminal in Canada.
And Brampton has immediate access to an extensive network of transcontinental
highways.
Brampton is also at the centre of Canada’s major transportation corridors
and close to the U.S. border. That means it is within a day’s drive of 158
million consumers. And that’s also why it’s the ideal place to locate North
American operations.
Brampton’s incredibly diverse economic base is already comprised
of over 8,500 businesses fuelled by a young, multicultural workforce
speaking 89 different languages and including 209 distinct
ethnic backgrounds.
Brampton is a youthful city with an average age of 34.7. That’s the lowest
median age amongst Canada’s largest cities.
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Canadian facts by the numbers
As a nation, Canada had over 482,000 businesses1 within
the business service sector in 2011. The business services
sector, which employs over 2.3 million people2, includes
professional and business services including financial, real
estate, consulting and personnel. In 2011, it was a major
contributor to the Canadian economy adding $315.3
billion to the national GDP.
Canada, has a well-educated labour force with over
14.8 million individuals with a post-secondary certificate,
diploma and/or degree. Approximately 22 per cent of
them with a major field of study in business, management
and public administration, architecture, engineering, and
related technologies.
To the tremendous benefit of Canada and its residents,
banking in Canada is considered to be the most efficient
and safest banking system in the world, according to the
World Economic Forum.
1
2
2011 Canadian Business Patterns
2011 National Household Survey
Ontario: employs over
one million people in the
business services sector
Ontario facts by the numbers
In Ontario, the business services sector is comprised of close
to 200,000 firms and is a driving force for the provincial
economy. Accounting for almost 41 per cent of the national
total jobs, the business services industries in Ontario added
$174 billion to the national GDP in 2011.
Over one million people, or 43 per cent of Canada’s labour
force, are employed in the business services sector in
Ontario, in particular, business, finance and administration
occupations2.
Ontario boasts a sizeable proportion of graduates with over
1.2 million individuals with a post-secondary certificate, diploma
or degree in business, management or public administration,
architecture, engineering, and related technologies.
For investors, the Toronto Stock Exchange is the third largest
exchange in North America, and the seventh largest in
the world.
Greater Toronto Area (GTA):
3rd largest financial services
centre in North America
BRAMPTON TORONTO
LAKE ONTARIO
HAMILTON
LONDON
The GTA
is the third
largest financial
services centre in
North America, just
behind New York and
Chicago, based on direct
employment. It is also among
the largest sectors in the world.
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Business Service
Employment
(by sub-sector)
Real estate, rental
and leasing
Finance and insurance
Professional, scientific
and technical services
Brampton: employs over 5 per cent of
Ontario’s business services employees
27%
29%
Source: 2013 Brampton
Employment Survey
Business service sector
is thriving in Brampton
44%
Finance
and Insurance
occupations in finance, insurance,
real
estate, consulting,
Real Estate and Rental Leasing
personnel, legal services, accounting,
architectural,
Professional, Scientific
and Technical Services
engineering, surveying and mapping services, design
services, management, scientific and technical
consulting services, scientific research and
development services, and advertising
services.
Brampton actively supports its business services sector,
which is a significant contributor to the local, provincial
and national economy. In Brampton, this sector is
responsible for employing 10,500 people people directly,
with another 20,000 plus individuals indirectly
employed3. Combined, this creates a total workforce of
30,500, which represents seven per cent of the total
workforce in Brampton.
In 2011, Brampton’s GDP directly contributed an
impressive $6 billion to the province. There are
over 50,000 individuals in Brampton who have
studied business, management or public administration
and over 43,500 who have studied architecture,
engineering, and related technologies that have a postsecondary certificate, diploma or degree. Employment
opportunities are significant for individuals within
From 2003 to 2013, this sector grew
over 11 per cent and is expected
to continue at a healthy pace.
S ource: 2013 Brampton
Employment Survey
4
Source: 2011 National
Household Survey
3
Brampton:
over 11 per
cent growth in
the business
service sector
over 10 years
4
Total direct and indirect employment
in business services
In Brampton, this sector is responsible for employing 10,500 people directly,
which represents 7 per cent of the total workforce in Brampton, with an
estimated indirect employment of over 20,000.
13% 7%
16%
Business services | 10,500 employees
Support industries | Over 20,000 employees
Business services companies | Over 1,350 companies
I NC EN T I VE PROGR AMS
Futurpreneur Canada Newcomer Program
Provides financing to start a business if you are between the ages
of 18 and 39 and have lived in Canada for less than 20 months.
Ontario Business Research Institute Tax Credit
Eligible corporations can claim a 20 per cent refundable tax credit for
qualified expenditures on scientific research and experimental development
work performed in Ontario under contract with eligible research institutes.
Co-operative Education Tax Credit
The tax credit is based on salaries and wages paid to a student in a
co-operative education work placement. Corporations can claim
25 per cent of eligible expenditures (30 per cent for small businesses).
BRAMPTON INCENTIVE PROGRAMS
• Downtown Façade Improvement Program
• Downtown Building Improvement Program
• Downtown Development Charges Program
• Downtown Sign Permit Fee Subsidy Program
• Development Charges Redevelopment Credit
• Development Charges Expansion Credit
• Dedicated Project Management Team
LEADING BUSINESS SERVICES COMPANIES
• exp.
Services Inc. (HQ)
• Butcher Engineering
• Terraprobe Ltd.
• The Portables
• Devrew Merchandising Inc.
• Automated Fulfillment Systems Inc.
• Davroc & Associates Ltd.
• Crawford Chondon & Partners LLP
• Peel Mutual Insurance Company
• Sharpe-Way
Group
Development Bank of Canada (BDC)
• Investors Group
• Goodison Insurance and Financial Services
• Prouse Dash & Crouch LLP
• Sun Life Financial
• Davis Webb LLP
• CCV Insurance and Financial Services Inc.
• Business
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Brampton: employing over
31,000 skilled workers in its
business services sector
Leading companies* that call
Brampton home
exp. Services Inc. (HQ), with its corporate head office
located in Brampton and offices across Canada, the U.S. and
internationally, is one of Canada’s largest engineering and
consulting firms with projects around the globe. exp. continues
to enjoy dynamic growth on a global scale.
Crawford Chondon & Partners LLP‘s lawyers provide
business-focused solutions to the complex legal challenges that
continually arise for employers in labour and employment law.
Peel Mutual Insurance Company, established April 1876,
is Brampton’s oldest company. Founded by local farmers
pooling their resources to provide needed insurance coverage
not available elsewhere at a reasonable cost, its service to
agricultural and small town communities remains a cornerstone
of the operation and a pillar of its strength today.
The Sharpe-Way Group at ScotiaMcLeod works with
business owners and high net-worth families to provide total
financial solutions to maximize wealth for today and future
generations.
Business Development Bank of Canada (BDC) is wholly
dedicated to accelerating entrepreneurs’ success through
financing, venture capital and consulting services with a focus
on small and medium-sized enterprises.
“Brampton has proven to be a
great location to do business. Great
access to highways and being close to
the airport has made it easy to do business
globally. Over all, Brampton is a practical and
cost-effective location”
~ Vlad Stritesky, President and CEO, exp. Services Inc.
* Brampton Outstanding Business Achievement Award participants
Investors Group provides complete financial planning to
both individuals and families. Established in Brampton since
1993, it now has three locations in the city. As the company
that pioneered the concept of financial planning in Canada,
Investors Group offers investment planning, tax planning,
retirement planning, insurance planning, cash management,
and estate planning.
Goodison Insurance and Financial Services is Brampton’s
oldest and largest family-owned insurance brokerage. It is
a company committed to the core values of strong
ethics, customer focus and high performance.
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City of Brampton Economic Development Office
2 Wellington Street West, Brampton, ON, Canada L6Y 4R2
T: 905.874.2650 TF: 1.888.381.BRAM E: [email protected]
peoplepoweredeconomy.ca
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