County ty of f Wellin llington Credit Revi view June 17, 2019 - PowerPoint PPT Presentation

County ty of f Wellin llington Credit Revi view June 17, 2019

Cred edit it Revie iew 2019  Welcome  Economic Development Focus and Highlights  Socio Economic Profile  Jobs and Employment  Municipal and County Investments  Development Activity  Outlook

7 Municipalities surrounding the City of Guelph Population: 97,610 Population projected to grow to 140,000 by 2041 Labour Force: 53,974 Households: 34,350 Average Household Income: $115,081

Hig Highlights ts ▸ Successful funding ▸ MTO Grant $500,000 to provide rural transit ▸ Smart Cities Infrastructure Canada $10 Million Win ▸ SWIFT $12.1M 2019 procurement ▸ BREI Award recognizing the Invest Well CIP (multi- community category) ▸ AMO Mainstreet Funding leveraged by Townships

▸ WOWC ▸ Talent Attraction ▸ Greater promotion ie. Festivals and Events Guide, E-Newsletters - metrics ▸ Taste Real Local Food ▸ Hillsburgh Library ▸ Signage Programme ▸ BR+E Implementation Fund

Economic De Development Three-Year Pla Plan ▸ Wellington County Community Improvement Programme (CIP) ▸ RideWell Rural Transit Service ▸ Talent Attraction and labour force assistance ▸ Housing Strategy ▸ Taste Real Local Food ▸ Downtown Development ▸ Marketing Wellington County

2018 ile ic Profil ▸ Population: 97, 610 ▸ 7 Municipalities ▸ Land: 2,610 km 2 County Economic ▸ Assessment Base ($M): 17,212 ▸ Unemployment Rate: 3.06 ▸ Households: 34,350 ▸ Businesses: 3,751 ellington Co ▸ Labour Force: 53,974 ▸ Employment: 48,082 ▸ Local GDP (real, $M): 4.172 ▸ Value of Building Permits Well ($M): 510 ▸ Housing Starts: 359

Dem emographics: : Pop opulatio ion + + Hou ouseholds Sou ource: Co Coun unty ty Plannin ing Population Population Households Households Municipality 2018 2041 2018 2041 Centre Wellington 30,720 52,310 11,310 18,690 ▸ Mid-2016: Erin 12,110 15,865 to 18,905 4,200 5,385 to 6,340 90,880 Guelph Eramosa 13,750 4,630 14,575 4,940 ▸ End of 2018: Mapleton 11,170 3,230 14,060 4,235 97,610 Minto 9,250 12,810 3,340 4,610 Puslinch 8,000 9,655 2,850 3,335 Wellington North 12,610 4,760 17,685 6,590 Wellington 97,610 34,350 140,000 48,740 County

Aver erag age Hou ousehold Inc Income Sour ource: : Manif nifol old d Data ta Average Household Income in Wellington County (2018) 2018 Average Household Incomes Compared 140,000 131,443 126,158 115,081 120,000 110,576 Ontario, $103,488 103,488 Wellington County, 100,000 89,811 $115,081 87,758 Wellington North, 80,000 $80,639 Puslinch, $179,036 60,000 Minto, $83,431 40,000 Mapleton, $107,206 20,000 Guelph Eramosa , $136,490 0 Erin, $142,361 Halton Region Waterloo Wellington Dufferin Ontario Perth County Grey County Excluding Region County County Centre Wellington, Oakville and Excluding $ 106,318 Burlington Cambridge, Kitchener and Waterloo

Lab abour For orce by Munic icip ipali lity ty Sour ource: : Manif nifol old d Data ta Municipality Labour Force % of County % of Municipal 2018 Labour Force Population Centre Wellington 16,508 31% 55% Erin 7,493 14% 61% Guelph Eramosa 7,957 15% 59% Mapleton 6,000 11% 54% Minto 4,978 9% 54% Puslinch 4,329 8% 56% Wellington North 6,709 12% 53% Wellington County 53,974 100% 56%

Job Growth Jo Sour ource: : EMS MSI Analyst Jobs Jobs Jobs % Change # Business Municipality 2011 2017 2018 2011-2018 2018 Jobs were 40,724 in Centre Wellington 11,903 12,218 12,220 2.7% 1562 2011 and grew to Puslinch 4,899 7,502 7,694 57.1% 212 48,082 in 2018 = 18% Wellington North 6,651 7,311 7,437 11.8% 439 Growth 5,179 6,632 Guelph/Eramosa 6,778 30.9% 445 2019 Jobs projected at Minto 3,914 5,057 5,094 30.1% 352 49,009 (2% change Mapleton 4,432 4,527 4,623 4.3% 286 2018-2019) Erin 3,747 4,202 4,236 13.1% 455 County of Wellington 40,725 47,449 48,082 18.07% 3751 Region 2011 Jobs 2018 Jobs Change % Change

Occ ccupatio ion by In Industry ry (2 (2017-2018) 2018) Sour ource: : EMS MSI Analyst % of Total Jobs % of Total Jobs Employment in Industry Group Change % Change Occupation Description in Industry in Industry 2017 - 2018 2017 - 2018 Group (2011) Group (2018) 2011 2017 2018 Trades, transport and equipment operators and Crystal: create new chart 8,514 10,044 10,306 262 3% 21% 21% related occupations 2011 / 2017 / 2018 Sales and service occupations 7,262 8,942 9,095 153 2% 18% 19% Management occupations 6,094 6,160 6,135 (25) (0%) 15% 13% Business, finance and administration 4,892 5,830 5,820 (10) (0%) 12% 12% occupations Occupations in manufacturing and utilities 4,044 4,946 5,071 125 3% 10% 11% Occupations in education, law and social, 2,998 3,377 3,362 (15) (0%) 7% 7% community and government services Natural and applied sciences and related 1,743 2,426 2,440 14 1% 4% 5% occupations Health occupations 1,937 2,037 2,097 60 3% 5% 4% Natural resources, agriculture and related 1,655 1,879 1,913 34 2% 4% 4% production occupations Occupations in art, culture, recreation and sport 1,097 1,113 16 1% 1,039 3% 2% Unclassified 548 711 729 18 3% 1% 2% 47,449 48,082 633 1% 40,724 100% 100%

Majo ajor Sect ectors of of Em Emplo loyment (2 (2017-2018) Sour ource: : EMS MSI Analyst % of Total 2011-2018 2017 - 2018 2017 - 2018 NAICS Description 2011 Jobs 2017 Jobs 2018 Jobs Employment % Change # Change % Change (2018) 31-33 Manufacturing 6,926 8,656 8,909 29% 253 3% 18.5% 23 Construction 4,439 5,636 5,725 29% 89 2% 11.9% 11 Agriculture, forestry, fishing and hunting 4,624 4,338 4,229 (9%) (109) (3%) 8.8% 44-45 Retail trade 2,897 4,007 4,098 41% 91 2% 8.5% 62 Health care and social assistance 3,717 3,761 3,850 4% 89 2% 8.0% 41 Wholesale trade 2,179 2,806 2,854 31% 48 2% 5.9% 48-49 Transportation and warehousing 2,360 2,644 2,817 19% 173 7% 5.9% 72 Accommodation and food services 1,821 2,523 2,505 38% (18) (1%) 5.2% 54 Professional, scientific and technical services 2,030 2,302 2,357 16% 55 2% 4.9% 81 Other services (except public administration) 2,306 2,152 2,161 (6%) 9 0% 4.5% 56 Administrative and support, waste management and remediation services 1,897 2,106 2,170 14% 64 3% 4.5% 61 Educational services 1,614 1,855 1,936 20% 81 4% 4.0% 71 Arts, entertainment and recreation 796 1,097 991 24% (106) (10%) 2.1% 91 Public administration 800 923 941 18% 18 2% 2.0% 52 Finance and insurance 584 767 738 26% (29) (4%) 1.5% X0 Unclassified 548 711 729 33% 18 3% 1.5% 53 Real estate and rental and leasing 484 508 484 0% (24) (5%) 1.0% 51 Information and cultural industries 474 384 306 (35%) (78) (20%) 0.6% 21 Mining, quarrying, and oil and gas extraction 64 141 150 134% 9 6% 0.3% 55 Management of companies and enterprises 33 77 74 124% (3) (4%) 0.2% 22 Utilities 130 56 59 (55%) 3 5% 0.1% 40,724 47,449 48,082 18% 633 1% 100.0%

Top op 20 Cor orporate Taxpayers in in 2019 Sour ource: : Coun ounty ty Treasur ury Municipality Owner Business Type Puslinch Nestle Canada Inc. Food Processing Plant Puslinch Morguard Brock McLean Warehousing Centre Wellington Jefferson Elora Corporation Automotive Parts Plant Minto TG Minto Corporation Standard Industrial Mapleton Wallenstein Feed & Supply Grain Handling Centre Wellington RMM Fergus Property Inc. Big Box Puslinch Con-Cast Pipe Inc. Other Industrial Wellington North 1236757 Ontario Inc. (Musashi) Standard Industrial Puslinch Royal Canin Canada Company Food Processing Plant Centre Wellington Nexans Canada Inc. Standard Industrial Guelph Eramosa Coldpoint Properties Ltd. Standard Industrial Puslinch 2354084 Ontario Limited Standard Industrial Mapleton Darling International Canada Heavy Manufacturing Centre Wellington Riocan Holdings Inc. Neighbourhood Shopping Centre Wellington Skyline Retail Real Estate Neighbourhood Shopping Puslinch 1056469 Ontario Inc. Standard Industrial Wellington North Golden Valley Farms Inc. Standard Industrial Puslinch Russel Metals Inc. Trustee Heavy Manufacturing Wellington North Sligo Road Limited Standard Industrial Puslinch Kenhar Products Inc. Standard Industrial