Oshawa's competitive advantages come from a thriving talent pool, innovation and strong value. With one of the highest population growth rates in Canada, residents and companies are taking notice. Oshawa businesses continue to benefit from talent, innovation and value, the core drivers of our economic growth and prosperity.

Talent

As a key market within the Greater Toronto Area (G.T.A.), the City of Oshawa is a critical gateway to the most populous region of Canada and one of the largest concentrations of economic activity in North America. Oshawa's labour force is over 1.2 million workers within a 45 minute commute. The city is home to a rapidly growing student population of 25,000 across three top ranking post-secondary institutions: Durham College, Ontario Tech University and Trent University Durham GTA. Market-driven education combined with globally-renowned research facilities has created a talent pool sought after by top companies.

Innovation

The COVID-19 pandemic accelerated the pace of digital transformation and technological disruption as businesses adapt operations to a new environment. These challenges also brought about unique opportunities and a renewed interest in Oshawa, as new technology adoption empowers companies and employees to redefine the workplace. As evidenced in a report released by CBRE, Oshawa has been ranked as one of the top five markets for tech talent growth across Canada. We will continue to embrace and support emerging high growth sectors such as artificial intelligence, cybersecurity, augmented reality and esports.

Value

Oshawa companies enjoy the benefits associated with doing business in Ontario, Canada. According to KPMG Competitive Alternatives, Canada has one of the lowest costs of doing business globally, including generous research and development tax incentives and the second lowest business costs among the G7 countries. According to The World Bank, Canada is the easiest place to start a business in the G20. Locally, Oshawa industrial and downtown development has an exemption from development charges and some of the best real estate value in the G.T.A. Our city continues to embrace a large influx of millennials and young families looking for affordability and proximity within the G.T.A. The City of Oshawa is uniquely positioned to offer both.