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Business-Oakville Overview

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Oakville Overview

The Town of Oakville is part of the Greater Toronto Area (GTA) which is Canada’s largest metropolitan area with a total population of about 5.4 million. Oakville residents enjoy the lifestyle of a small town while being part of one of North America’s most dynamic city regions. The Greater Toronto Area is home to 15 percent of Canada’s businesses and 16 percent of the nation’s workforce. One-quarter of Canada’s population live within a 100 mile (160 km) radius of Oakville.

Oakville is a thriving community of over 170,000 people, located on the north shore of Lake Ontario in Canada’s heartland, only 30 minutes west of Toronto. This historic Town, incorporated in 1857, (sister city Neyagawa, Japan), has preserved its rich heritage especially in the downtown area where many 19th Century buildings house over 400 fine shops, services and restaurants. The downtown is also home to one of two local harbours located on Lake Ontario, which feature over 1,000 slips and moorings for sail and powerboats. Bronte Harbour, Oakville’s Village by the Lake, is the most open, accessible and scenic of Oakville’s harbours. It features a magnificent lakeside park, waterfront trails, two marinas, a Boardwalk and an abundance of fine shops and restaurants with a nautical appeal. Kerr Village is another distinct area of south Oakville. In a recent survey of residents, 86 per cent said Oakville is a better place to live than anywhere else in the GTA. Ideally located in a beautiful natural setting, Oakville offers first-rate facilities and amenities. The outstanding range of lifestyle choices will continue to make this growing community one in which residents and businesses feel a sense of pride and connection.

Business: 4500 employers including more than 260 head offices
Average Income: approximately $89,000
Tourism: 1.4 million visitors annually ($81.5 million tourism industry)

Oakville has over 2,400 acres (972 hectares) of park land, two natural harbours, historic buildings, theatres and galleries, Glen Abbey Golf Club – site of the Canadian Open, and Bronte Harbour,  the site of Oakville’s Canada Day Celebration, one of the biggest July1st. celebrations on Lake Ontario.  Corporate travelers find Oakville a preferred locations or hub for business in the Toronto/Southwestern Ontario area. Meetings & conference venues, contemporary accommodations, dining, shopping and live theatres are features of Oakville.

Parkland: 3,000 acres
Trails: 126 kilometres

Community Facilities:

7 golf courses, including PGA-recognized Glen Abbey Golf Course
2 picturesque harbours with docks and slips for sail and powerboats
4 indoor and 5 outdoor pools
5 arenas
77 soccer fields (3 indoor)
68 ball fields
68 tennis courts
2 senior recreation centres
2 community recreation centres
4 libraries
Transit system that connects with GO, Mississauga and Burlington

Demographics

www.oakville.ca/economicdevelopment/demographics.htm

Labour Force

Oakville companies have access to a high quality local work force http://www.oakville.ca/economicdevelopment/labour.htm as 56% of residents 15 and over have a post secondary education. This level of education is 12% higher than the provincial average. While manufacturing industries account for 15% of employment, managerial/business/administrative categories make up 36% of occupations. Being situated within the GTA, businesses in Oakville also draw on a larger increasingly mobile work force of 1.3 million within a 30 kilometre radius of Oakville.