Town releases 2013 Economic Development Annual Report

Tue, 22 Apr 2014

Annual report themed “Oakville is opportunity”

The Town of Oakville released its 2013 Economic Development Annual Report at the April 16, 2014, Special Planning and Development Council meeting. The annual report provides an overview of business highlights and investment activity from 2013.

“One theme that is present throughout the report is the opportunity for success that exists in Oakville,” Mayor Burton said. “Oakville continues to be a priority destination for new investment as an attractive place to live, to work, and to do business.”

Oakville continued to be well-positioned to attract new office and commercial investments when compared to other communities in the Greater Toronto Area. While the previous two years saw significant growth in office development, 2013 was characterized by growth in the commercial sector with over 900,000 square feet of new commercial development occurring throughout the year. Several high profile companies moved into their new space in Oakville in 2013, including PwC and Manulife Securities, resulting in over 900 new jobs in the community.

“Our economic development focus in 2013 was on connectivity and outreach,” said Dorothy St. George, director, Economic Development for the town. “Alongside Mayor Burton and Council, we initiated several projects in 2013 to support, advocate and provide connections for Oakville businesses, including hosting the Ontario Auto Mayors’ Roundtable and the Oakville-China Business Forum.”

The Economic Development department at the town is open to help you with your business. Contact us for assistance at econdev@oakville.ca or 905-845-6601.