Why Oshawa
Located along the north shore of Lake Ontario, the City of Oshawa is the largest urban municipality in Durham Region with a population of 185,000, comprising an area of approximately 143 square kilometres (55 sq. mi.) and an eastern gateway to the Greater Toronto Area (G.T.A.). Only 60 km from Downtown Toronto, companies in Oshawa have quick and convenient access to Canada's largest consumer market of more than 6 million people and are located within a day's drive of more than 135 million North American Consumers.
Talent
The City of Oshawa is a thriving gateway to the most populous region of Canada and one of the largest concentrations of economic activity in North America. Oshawa offers a labour force of over 2.8 million workers within a 45 minute commute. The city is home to a rapidly growing student population of 30,000 across three top ranking post-secondary institutions and a satellite family medicine program: Durham College, Ontario Tech University, Trent University Durham G.T.A., and the Queen’s University Lakeridge Health MD Family Medicine Program. Oshawa post-secondary institutions have graduated over 140,000 global alumni. Market-driven education combined with globally-renowned research facilities have created a unique concentration of Oshawa talent that is highly sought after by top companies.
Innovation
The City of Oshawa has been ranked by CBRE as one of the top five markets for tech talent growth in Canada. Local educational and research assets such as the Durham College MRC Studio, AI/Hub and Centre for Cybersecurity Innovation continue to build pipelines of talent in emerging sectors. Ontario Tech University’s ACE Climatic Aerodynamic Wind Tunnel is one of the most sophisticated of its kind in the world. From Project Arrow to SmartARM and from the McLaughlin Advanced Test Track to the Lakeridge Health da Vinci Surgical System, there are remarkable examples of innovation in every corner of our community. The City of Oshawa is a regional innovation centre, host to entrepreneurial incubators such as Spark Centre, Brilliant Catalyst and FastStartDC.
Value
Oshawa companies enjoy the benefits associated with doing business in Canada. According to the Conference Board of Canada, remote work continues to provide Torontonians with an opportunity to move to cities with a lower cost of living such as Oshawa. Canada has one of the lowest costs of doing business in the world, including generous research and development tax incentives and the second lowest business costs among the G7 countries according to KPMG. The World Bank states that Canada is the easiest place to start a business in the G20. Locally, Oshawa industrial and downtown development has an exemption from development charges. As one of the fastest growing communities in Canada, our city continues to embrace a large influx of young families who are seeking value and proximity to the G.T.A. You will continue to find both in the City of Oshawa.