B US I N E S S D E VE L O P ME N T
Q2 REPORT
Halton Region’s Business Development Division April - June 2008
Halton Region’s New Development Charges
Effective August 18, 2008
On May 28, 2008, Regional Council Total Development Charges in Halton for Industrial,
passed By-Law No. 62-08 to establish Office and Retail Uses by Local Municipality (and HUSP / Non-HUSP areas)
Effective August 18, 2008 iii
Halton Area-Specific (HUSP/Non-HUSP)
Water, Wastewater, and Roads and Burlington Non HUSP i Oakville Non HUSP Halton Hills Non-HUSP
Non HUSP (QEW and South of Dundas) (Georgetown and Acton)
General Services Development Charges Areas
(DC), which come into force and effect DC Rates per Sq. Ft. DC Rates per Sq. Ft. DC Rates per Sq. Ft.
on August 18, 2008. Industrial Office Retail Industrial Office Retail Industrial Office Retail
Halton $7.18 $7.18 $11.23 $7.18 $7.18 $11.23 $7.18 $7.18 $11.23
The Region’s new DC By-Law contains Region
several policies which support industrial Local $3.05 $3.05 $3.05 $5.77 $5.77 $5.77 $2.27 $5.63 $5.63
Municipality
and commercial office development in School $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60
Halton, while still helping Halton Region Boards ii
address the fiscal reality of building and Total $10.83 $10.83 $14.88 $13.55 $13.55 $17.60 $10.05 $13.41 $17.46
DC payable
expanding municipal infrastructure, HUSP North Oakville HUSP Milton HUSP Halton Hills HUSP
including: Areas (North of Dundas Street) (All Urban Areas) (Highway 401 to Steeles)
DC Rates per Sq. Ft. DC Rates per Sq. Ft. DC Rates per Sq. Ft.
• A phase-in of Non-residential, Industrial Office Retail Industrial Office Retail Industrial Office Retail
Non-retail rates (with an annual Halton $10.74 $10.74 $14.79 $10.74 $10.74 $14.79 $10.74 $10.74 $14.79
Region
indexing) to provide an opportunity Local $5.77 $5.77 $5.77 $3.41 $3.41 $3.41 $2.27 $5.63 $5.63
for the market to adjust to the new Municipality
DC rates. School $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60
Boards
• Effective August 18, 2008, in Halton’s Total $17.11 $17.11 $21.16 $14.75 $14.75 $18.80 $13.61 $16.97 $21.02
DC payable
non-HUSP areas — the built-up areas
in Burlington, Oakville, (excluding i
Burlington’s urbanized areas are Non-HUSP excepting the lands bounded by Dundas St., Highway 407 and Burloak Rd. east of Appleby Line, which is part of HUSP
ii
This is the combined DC per square foot as charged by the Halton District and Halton Catholic District School Boards (the $0.60 per square foot rate applies equally
North Oakville,) and the Georgetown in HUSP / Non-HUSP areas)
iii All development charges indicated above are subject to annual indexing on April 1st of each year.
and Acton areas of Halton Hills —
to $7.18 per square foot. This rate will help maintain the competitive-
Non-retail DC rates will decrease 9%
ness of employment areas along the QEW corridor and in established
from the current April 1, 2008 rates
business parks across the Region. For the HUSP (Halton Urban Area
Structure Plan) area, Non-retail rates will increase 12% to $10.74 per
square foot.
In This Issue • A continuation of the Region’s policy to allow deferral of Non-residen-
tial DC payments through an agreement for all developments
(excluding subdivision and other development agreements) for all
Regional Development Charges lands. Payments are to be amortized over a 10-year period at the
prime lending rate of the Region’s bank.
New Investment Highlights • A continuation of the Region’s lot coverage relief policy which
Market Overview provides partial DC exemptions for Non-residential development that
exceeds its lot size. Development with Total Floor Area (TFA) of up
Housing Market Overview to 1.0 times the lot area is 100% DC payable; TFA between 1.0 and 1.5
times the lot is 50% DC payable; and TFA beyond 1.5 times the lot
Sector Spotlight: Biotechnology area is 25% DC payable.
cont’d...
BU S I NESS D EV ELOPMENT
Q2 REPORT
cont’d...
New Investment Highlights
In its May 28, 2008 adoption of Report No. CS-33-08
re: “Final 2008 Water, Wastewater, Roads and General
Services Development Charge Proposals”, Council Construction Continues on
added the recommendation that Regional staff report
on options to deploy a number of targeted economic Burlington Office Building
development tools, which may prove to be beneficial to
Cooper Construction Ltd. continues work on the
future industrial and office development in the region,
Sunlife Financial building in Burlington. This
including:
four-storey, 77,000 sq.ft. office building is scheduled
• restructuring of DCs by industrial class or group for completion by the end of September, 2008 and is
• tax rate adjustments aimed at LEED® (Leadership in Energy and
• improvements to process time (and cost) for Environmental Design) certification.
Environmental Assessments and Regional and Source: Daily Commercial News, April 14, 2008
Local Municipal processes
• improved coordination between the Region and
Local Municipalities for standardization of UPS to Expand Burlington
processes, guidelines and economic development
• availability of serviced employment areas, and Campus
• methods to identify overall return on investment
to allow economic development decisions to be Less than two years after its grand opening, UPS
transparent, accountable and measurable. Canada is already expanding its Burlington
strategic logistics campus. The expansion of more
Council also maintained its policy of exempting than 175,000 sq.ft. will support faster shipping
agricultural development from payment of DCs under turn-around for the local, national and international
By-Law No. 62-08, which helps support a strong, businesses UPS serves in the area.
growing agricultural sector in Halton.
The centre, located at 4156 Mainway in Burlington,
Halton Region went through the process of updating will expand from its current 800,000 sq.ft. in two
its DCs to address the significant increases in construc- buildings to more than 975,000 sq.ft. with the
tion costs in municipal infrastructure and to reflect the addition of a third distribution centre. The decision
higher level of growth projections approved by Council to enlarge the facility was made after the current
in the 2007 Best Planning Estimates. centre, including 55,000 sq.ft. of storage area, hit
The new DC By-Law reflects a year of analysis maximum capacity. The campus serves as a key
conducted by Regional staff with the Development central supply chain facility in Canada for major
Charges Advisory Committee through a consultative national retailers. Increasing e-commerce activity
process, which included delegates from local Cham- across Canada is driving customer requirements for
bers of Commerce, the development industry, Council- post-sales service and returns management.
lors and residents. The latest UPS expansion also is expected to support
For more information on Development Charges, visit after-sales activity and critical parts inventory
www.halton.ca/business. management for high-value technology components
and computer products.
The strategic logistics campus opened in September
2006 and currently employs 500 people to provide
order fulfillment, freight receiving, shipment
preparation and inventory management. The
expansion is expected to create 15 to 20 new jobs.
Source: CNW Group, June 11, 2008
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BUS INES S DEVEL OPMENT
Q2 REPORT
Burlington Company Receives City of Burlington Named One
Provincial Investment Grant of Canada’s Top Communities
The Ontario government is helping to bring to The City of Burlington ranked 8th out of 154 commu-
market the award-winning CPRGlove™ developed by nities in MoneySense magazine’s Top Communities
a Burlington-based healthcare company. in Canada list. Each community was ranked in four
categories: weather, affordable housing, prosperity and
Ontario’s $500,000 investment in Burlington’s Atreo
lifestyle. Burlington scored especially high marks for
Medical Inc. is one of two new grants awarded
its weather and air quality, household income, and low
through the province’s Market Readiness Program,
crime rate.
which helps innovative Ontario companies grow to
the point where they can attract investment from Source: MoneySense magazine, May, 2008
other sources.
Atreo Medical Inc.’s CPRGlove™ interactively guides EFCO to Expand Halton Hills
users on how to most effectively perform life-saving
Cardio-Pulmonary Resuscitation (CPR). The tech- Facility
nology will improve the survival rates of the nearly
350,000 annual out-of-hospital cardiac arrests that One of Halton Hills’ largest employers is set to
occur within Canada and the United States. expand. EFCO, located on Todd Road in Georgetown
will start construction on a 40,000 sq.ft. addition to
Source: Ontario Ministry of Research & Innovation,
May 13, 2008 their plant. EFCO is an American company and has
been located in Georgetown for over 40 years and
currently employees over 60 people.
Evertz Microsystems Wins EFCO’s skilled work force designs and fabricates steel
Premier’s Innovation Award forms that are used to form concrete. The products are
used in all types of construction where poured
Burlington’s Evertz Microsystems Ltd. won a concrete is used. Forms manufactured at the George-
Premier’s Catalyst Award, plus a $200,000 prize, town plant were used on the Confederation Bridge
at the 2008 Premier’s Innovation Awards held in which links Prince Edward Island with the mainland.
April in Toronto. Source: Town of Halton Hills Economic Development
Ontario Premier Dalton McGuinty and Minister of
Research and Innovation John Wilkinson distributed
more than $7.3 million to 10 award winners to
Roxul’s Milton Expansion to
encourage them to continue their work in sectors
like healthcare, a cleaner environment and job
Create 100 New Jobs
creation. Insulation manufacturer Roxul held a groundbreaking
ceremony in June to celebrate construction work that
The Premier’s Innovation Awards is one part of
will double the size of its Milton plant and create about
Ontario’s Innovation Agenda, a plan to invest
100 new jobs. The new facility is expected to open in
$3 billion over eight years to support research
early 2009.
excellence and ignite growth in industry and
create jobs. Roxul’s Milton plant expansion represents a total
investment of about $175 million by Rockwool
Evertz, with its worldwide headquarters in
International, the company’s Danish parent. The
Burlington, won the Catalyst Award for being the
province provided a $10-million loan, announced
company with the best innovation for its MVP
March 2007, from Ontario’s Advanced Manufacturing
technology pertaining to multi-image display
Investment Strategy (AMIS).
processing.
Source: CNW Group, June 5, 2008
Source: Burlington Post, May 2, 2008
3
BU S I NESS D EV ELOPMENT
Q2 REPORT
Eco-Friendly Technology at Wilkinson, Minister of Research and Innovation
also recently visited Oakville’s Petro Sep Membrane
Ford’s Oakville Plant Turns Technologies Inc. in recognition of its new clean
waste technologies and recent accreditation as a
Fumes to Fuel prestigious Ontario Technology Partner.
Ford’s Oakville Assembly Complex will begin
producing ‘green’ energy this summer through the use
of the company’s patented Fumes-to-Fuel system,
an eco-friendly, industry-leading pollution-control
system that converts emissions from the plant’s paint
shop into electricity to help power the plant.
The system is expected to reduce carbon dioxide emis- Petro Sep International Ltd. has recently licensed
sions from the plant by 88 per cent and Azeo Sep™ and VOC-Sep™ (collectively called
eliminate nitrogen oxide emissions as compared SepTec Technology) to its joint venture company,
to traditional technology. KmX Corporation. Over the life of the joint venture,
“The Oakville Assembly installation is the first of its KmX has committed to purchase 10 solvent
kind in the world to harvest emissions from an purification plants from Petro Sep at a cost over
automotive facility for use in a fuel cell,” said Kit $100 million.
Edgeworth, Oakville’s manufacturing abatement Each turnkey facility will be engineered, designed
equipment technical specialist. “It is the greenest and built by Petro Sep and will use Petro Sep’s
technology and offers the perfect solution to one of the patented, custom design membrane technologies.
industry’s biggest environmental challenges Petro Sep has also designed and built a testing
traditionally.” machine which is currently installed and operating
Edgeworth added that at full production, Oakville in their 20,000 sq.ft. plant in Oakville.
should be able to produce approximately 300 Petro Sep established operations in Oakville in 1999
kilowatts of energy per hour, which is enough and currently has 15 employees, but plans to hire
to power approximately 30 homes. additional professional staff as they continue to
Source: www.Ford.com, June 3, 2008 expand in the international market place.
Source: Petro Sep Ltd.
Innovative Oakville Company
has World Markets Targeted in GO Transit Improves Services
Recycling of Chemical Waste and Facilities in Halton
On May 23, 2008, Kevin Flynn, MPP (Oakville) Construction of a new parking structure at the
announced that the Government of Ontario was Burlington GO Station is almost complete. This
investing $1 million in Petro Sep’s North American four-level, $20 million parking facility will provide
joint venture. The investment is from the Ministry of an additional 600 parking spaces for GO customers.
Research and Innovation as part of its Innovation
GO Transit and the Governments of Canada and
Demonstration Fund.
Ontario have announced the proposed expansion
Petro Sep is a world leader in providing sophisticated of the Georgetown South corridor. This is one of
membrane systems that can recover and restore the projects proposed under the GO Transit Rail
hazardous spent chemical solvents to 99.5% of original Improvement Program (GO TRIP). This plan would
purity. Petro Sep’s clean technologies allow for these improve rail infrastructure along GO’s Georgetown
chemical solvents to be recovered and reused instead of line, through west Toronto. The proposal will also
being incinerated as hazardous waste. The Hon. John cont’d...
4
BUS INES S DEVEL OPMENT
Q2 REPORT
cont’d...
Three Halton Companies
examine alternatives for an airport transportation
link. A decision on the approval of the Terms of Named in ‘Best Workplaces
Reference for the Environmental Assessment is still
pending. in Canada’ List
In June, GO Transit announced that it will be Located in Oakville, biotechnology and pharmaceuti-
expanding the Milton line to provide all-day two-way cal manufacturer Nycomed Canada Inc. ranked #3,
train service. This will be the first of GO’s planned and healthcare distributor Becton Dickinson ranked
expansions to take advantage of Premier Dalton #21. Burlington’s Halsall Associates Limited, an
engineering consulting firm, ranked #25.
Companies appearing in Canada’s Best Workplaces
list were selected based on employee responses to a
survey and a Culture Audit® developed by the Great
Place to Work® Institute, and other materials sub-
mitted by the organization, as well as information
gathered from reputable media sources.
Source: Great Place to Work® Institute of Canada, April
2008
McGuinty’s multibillion-dollar transportation plan
Two Halton Companies
announced last year. GO Transit has also recently
lengthened Milton line GO Trains to 12 cars from the
Included in ‘Canada’s Fastest
usual 10. This has made more seats available and
helped ease crowding.
Growing Companies’ List
GO Bus services have also recently expanded in Oakville’s Entripy Custom Clothing and Burling-
Halton, including new weekday service from its ton’s Evertz Technologies Ltd. were named as two
Milton Station to Bronte, and weekend and holiday of Profit magazine’s 100 fastest growing companies
bus services for Acton and Georgetown. in Canada.
GO Transit has improved service at the Oakville GO Ranked #56, Entripy Custom Clothing creates
Station. In May, GO announced that an additional screen prints, embroiders custom casual wear and
200 parking spaces were now available to alleviate sells custom clothing to schools and corporations
parking congestion. GO has also announced that a such as Tim Hortons, Carlsberg Canada and the
bus stop carpool lot will be constructed at Trafalgar University of Toronto. Ranked #90, Evertz
Road and Highway 407. This project will include the Technologies Ltd. through its wholly-owned
construction of a parking lot, bus loop facility, subsidiary, Evertz Microsystems Ltd., supports the
and bus shelter. delivery of high-definition television signals over
telephone networks using Internet protocol.
Sources:
www.gotransit.com Source: Profit Magazine, June 18, 2008
www.kenaidan.com
The Globe and Mail, June 26, 2008
www.georgetownpearsonstudy.ca
CNW Group, May 8, 2008
5
BU S I NESS D EV ELOPMENT
Q2 REPORT
Market Overview
Top Non-Residential, Non-Retail Developments, Q2 2008*
Name of Development Location Building Type Area (sq ft) Construction Value ($)
Metrolinx (GO Transit) ** Burlington New Multi-Storey Parking Facility 240,692 $20,000,000
Gordon Food Service Milton Addition of Industrial Warehouse 59,761 $8,500,000
TransCanada Energy Halton Hills New Electrical Substation 52,420 $5,111,000
EFCO Canada Halton Hills Industrial Expansion 40,655 $3,200,000
Ni-Met Metals and Minerals Inc. Oakville New Multi-Storey Office 21,485 $3,080,000
Venture Business Centre, Oakville Speculative Multi-Unit 77,705 $2,600,000
Green-Port Environmental Managers Halton Hills New Industrial 8,396 $1,400,000
Spiegel Properties Oakville Office Renovation 5,005 $1,000,000
* Listing of all non-residential, non-retail developments in excess of $1 milllion in construction value.
** City of Burlington building permit by-law 56-2005 designates parking garages under Group F, Industrial Occupancies.
Source: Local Municipal building departments.
Construction Value ($ thousand) of New Developments, Q2 2007 vs Q2 2008*
Type Burlington Oakville Milton Halton Hills** Halton
of
Construction
Q2 2007 Q2 2008 Q2 2007 Q2 2008 Q2 2007 Q2 2008 Q2 2007 Q2 2008 Q2 2007 Q2 2008
Residential 40,705.8 35,724.7 82,673.0 87,506.8 21,851.9 62,442.8 17,795.1 11,488.0 163,025.8 197,162.3
Industrial 6,052.0 22,040.3 18,853.0 5,917.4 2,097.9 10,335.6 2,725.0 53,400.6 29,727.9 91,693.9***
Commercial 11,256.0 64,766.2 57,476.5 28,583.7 25,515.0 3,874.5 1,010.0 404.2 95,257.6 97,628.7
Institutional 4,783.5 992.0 8,230.5 235.9 98.7 0.0 26.0 0.0 13,138.7 1,227.9
Other 7,996.5 6,847.5 629.3 1,170.3 2,717.7 4,183.7 1,945.0 3,175.0 13,288.5 15,376.4
Total Value 70,793.7 130,370.8 167,862.4 123,414.0 54,582.7 80,831.6 23,501.1 68,467.8 316,740.0 403,084.1
* Figures may not add due to rounding
** Excluding agricultural permits
*** Total industrial construction values for Q2 2008 includes a $20 million GO Transit parking facility in Burlington.
See “Top Non-Residential, Non-Retail Developments, Q2 2008” table for additional information.
Source: Local Municipal building departments.
The Total Construction Value of building permits in Halton employment areas along the Highway 401 corridor.
witnessed an overall increase of 27% during the 2nd quarter TransCanada Energy has begun construction on the Halton
over the same period last year. This overall increase is Hills Generating Station, which is due for completion in
attributable to a significant rise in the value of industrial per- 2010, and EFCO Canada is currently undertaking a 40,000
mits in Halton, and partly attributable to rising construction sq.ft. expansion to their steel forms facility.
costs (the composite price index for non-residential building Burlington also witnessed a significant spike in
construction in the Toronto area increased 10.3% in 2008 development with the construction of a new, multi-storey
from the second quarter of 2007). parking facility at the Burlington GO Station. The new
In Halton Hills, industrial developments increased by over facility will provide parking for over 600 vehicles and is
$50 million in construction value over last year, with expected for completion in September 2008.
6 several large developments underway on serviced
BUS INES S DEVEL OPMENT
Q2 REPORT
Halton Economic Indicators
Economic Indicator Q2 2007 Q2 2008 % Change
Total Population 1
453,700 467,200 3.0%
Population Density (per sq ft) 2
469 483 3.0%
Employment 3
238,827 246,854 3.4%
Unemployment Rate (Toronto CMA) 4
6.9% 6.5% 5.8%
Unemployment Rate (Hamilton CMA) 4
6.3% 6.3% 0%
Number of Businesses 5
37,437 37,065 1.0%
Business Bankruptcies 6
24 34 41.7%
Total Construction Value 7
$316,739,960 $403,084,086 27.3%
Industrial $29,727,930 $91,693,872* 208.4%
Commercial $95,257,560 $97,628,667 2.5%
Institutional $13,138,740 $1,227,850 90.7%
Residential $163,025,769 $197,162,334 20.9%
Industrial Availability Rate (2nd Qtr) 8
n/a 8.78% n/a
Office Availability Rate (June) 9
5.20% 5.95% 14.4%
Average Household Income 10
$110,600 $113,100 2.3%
Occupied Dwelling Units 3
161,884 166,722 3.0%
Housing Sales 11
1,262 1,281 1.5%
Average Housing Price 11
$409,717 $471,724 15.1%
* Total industrial construction values for Q2 2008 includes
a $20 million GO Transit parking facility in Burlington.
See “Top Non-Residential, Non-Retail Developments, Q2 2008”
While economists remain cautiously optimistic of Canada’s
table for additional information. growth forecasts for the remainder of this year, ongo-
Sources: ing credit concerns in the U.S., soaring energy costs and
1 Halton Region Best Planning Estimates, April 2007 (forecasted)
2 Based on Halton’s land area of 967 square kilometres
high commodity prices, and the continued strength of the
3 Halton Region Best Planning Estimates, April 2007 (forecasted) Canadian dollar has introduced risks of stagflation and
4 Statistics Canada, Labour Force Survey Estimates increased pressures on Canada’s manufacturing sector.
(Table 282-0052, 3 month moving average, unadjusted),
July 2008 While the availability of competitively priced and serviced
5 Statistics Canada, Canadian Business Patterns.
As of June 2007 for 2007 estimate and December 2007 employment lands has continued to spur new industrial
for 2008 estimate. and office growth in Halton, the struggles facing the
6 Office of the Superintendent of Bankruptcy Canada, 2008 manufacturing sector are being felt across the region.
7 Local municipal building departments
8 Colliers International, Q2 2008. Based on rates in Burlington, Since the beginning of the year, Halton has seen several
Milton and Oakville. large closures including PCL Packaging, Polywheels, and
9 Colliers International, June 2008. Based on rates in Burlington
and Oakville.
Affinia. Several other manufacturers have initiated layoffs
10 FP Markets, Canadian Demographics, 2007 and 2008 or downsized hiring plans. Business bankruptcies also
11 Toronto Real Estate Board, Market Watch, Q2 2007 rose considerably from the same period last year. Similar
and Q2 2008
situations are being played out across Ontario and are
renewing calls on senior levels of government to assist the
beleagured manufacturing sector.
7
BU S I NESS D EV ELOPMENT
Q2 REPORT
Industrial Market Overview by Municipality, Q2 2008
Burlington Milton Oakville
Inventory (sq ft) 20.5 million 10.8 million 17.9 million
Vacancy Rate 6.9% 5.7% 5.3%
Absorption (sq ft) -137,667 678,349 -379,869
Average Land Price (per acre) $400,000 $390,000 $495,000
Net Rental Rate (per sq ft) $5.83 $5.68 $5.82
Average Sale Price (per sq ft) $111.80 $96.20 $108.92
Note: Information is not available for Halton Hills
Source: CBRE, Q2 2008
South Halton Office
Market Overview, Q2 2008
Burlington Oakville
Inventory (sq ft) 3.1 million 2.1 million
Vacancy Rate 8.0% 8.5%
Absorption (sq ft) -13,125 30,339
Under Construction (sq ft) 126,017 125,089
Net Rental Rate (per sq ft) $14.20 $19.86
Source: CBRE, Q2 2008
Select Non-Retail Employment Announcements, Q2 2008
Company Name Municipality Industry Employment Impact
Ford of Canada* Oakville Manufacturing +160 (transfers from Windsor plant)
Polywheels Oakville Manufacturing -250 (closure)
UPS Burlington Distribution & Logistics +20 (new jobs)
Roxul Milton Manufacturing +100 (new jobs)
Affinia Canada Milton Manufacturing -50 (closure)
* In April 2008, Ford announced 500 new hires for the Oakville Assembly Complex In July, this figure was reduced to 160.
Source: Halton Region Business Development Division, media monitoring.
8
BUS INES S DEVEL OPMENT
Q2 REPORT
Housing Market Overview
Housing Starts in Halton Region,
Halton’s booming housing market continued into the
second quarter with new housing starts up 42% from the Q2 2007 vs. Q2 2008
same period last year. Continuing its trend from earlier
this year, Milton led residential construction in Halton with Municipality Q2 2007 Q2 2008 % Change
a commanding 117% rise in housing starts. Burlington Burlington 286 394 38%
followed at a distant second with a 38% hike, due Halton Hills 96 41 57%
primarily to new construction occurring in its Alton
Milton 454 987 117%
community. Oakville also saw continued, stable growth in
its housing market into the second quarter, in both the Oakville 437 384 12%
single and multiple-dwelling units. Halton Total 1,273 1,806 42%
Meanwhile, the resale market in Halton is showing signs Note: Includes both single and multiple dwellings.
of tightening despite the still favourable low interest Source: Canada Mortgage and Housing Corporation, Housing Market
Information, July 2008
rate environment. While housing sales remained
virtually unchanged from the second quarter of 2007,
average housing prices crept up 15% from 2007 to over
$471,000 in the second quarter. Housing affordability will
continue to be a concern in Halton until new residential
construction eases supply pressures.
Halton Housing Overview, June 2008
Municipality Total Supply Under Construction 3 mos. Average Absorption
Burlington 1,333 850 68
Halton Hills 158 144 36
Milton 2,086 1,723 161
Oakville 1,447 1,165 109
Halton Total 5,024 3,882 372
Note: Includes both single and multiple dwellings.
Source: Canada Mortgage and Housing Corporation, Housing Market Information, July 2008
9
BU S I NESS D EV ELOPMENT
Q2 REPORT
Sector Spotlight: Biotechnology
Emergence of the “Bioeconomy”
The emerging “bioeconomy” is expected many different economic sectors – agricul-
to spawn innovations that will improve ture, forestry, aquaculture, mining,
health, the productivity of agriculture and petroleum refining, environmental
industrial processes, and enhance environ- remediation, human and animal health,
mental sustainability. The recently coined food processing, chemicals, security
“bioeconomy” refers to the set of economic systems, as well as many industrial
activities relating to the invention, devel- processes.
opment, production and use of biological
Given the range of current and
products and processes – otherwise known
potential applications of the biosciences,
as the biosciences or biotechnology
together with their economic,
sectors.
environmental and social impacts, there
Biotechnology actually consists of a group is significant interest in the growth of this
of related technologies with applications in key market.
Source: Organization for Economic Co-operation and Development (OECD)
Halton’s Bioeconomy Halton is also considered a location of choice for
investment in the biotechnology sector. The region is home
Halton is home to a growing biotechnology sector. to Sheridan College Institute of Technology and Advanced
In 2007, over 300 enterprises across the region operated in Learning in Oakville and in close vicinity to three universities
sectors typically associated with biotechnology, and three colleges of applied arts and technology. Statistics
including: Canada’s recent Census figures on Halton’s labour force
• Medical Equipment/Instruments and show that:
Supplies Manufacturing • Nearly 19,000 people in Halton are employed in natural
• Medical and Diagnostic Laboratories and applied sciences and related occupations,
• Pharmaceutical and Medicine Manufacturing • Over 11,000 people hold occupations in the health sector
• Scientific Research and Development Services • Occupations unique to processing and manufacturing
account for more than 10,000 jobs
• Chemical Manufacturing
• Over half of Halton’s adult population hold
• Food Manufacturing
a post-secondary certification, diploma or degree
• Scientific and Technical Consulting Services.
10
BUS INES S DEVEL OPMENT
Q2 REPORT
Trends in Biotechnology Enterprises
Throughout Halton 1999-2007
350
300
Number of Biotechnology Enterprises
250
200
150
100
50
0
1999 2000 2001 2002 2003 2004 2005 2006 2007
Year
Burlington Halton Hills Milton Oakville Halton
Source: Statistics Canada, Canadian Business Patterns, accessed 2008
Distribution Golden Horseshoe Biosciences Network
of Biotechnology Sectors Halton Region is part of the Golden Horseshoe Biosciences
in Halton 2007 Network (GHBN) – a not-for-profit corporation
encompassing Hamilton, Halton and Niagara. As the
primary facilitator for the bioscience community, the GHBN
Electric Power Generation
Oil & Gas Extraction 2% helps stimulate commercialization growth across the
1% region.
Medical The GHBN delivers cluster elements together in a
& Diagnostic Food deliberate and strategic manner, and endeavours to ensure
Laboratories Manufacturing that all existing resources and capacity in the region is
16 % 28 %
fully utilized and made apparent to the Golden Horseshoe
bioscience community.
Research
& Development The network promotes the Golden Horseshoe region as
Services Chemical a globally competitive bioscience cluster for the develop-
25 % Manufacturing ment and commercialization of innovative products, a
28 % world class provider of services in areas of biotechnology,
biopharmaceuticals, health and medicine, bio-manufactur-
ing and bioengineering technologies.
Total Number of Biotechnology Firms
For more information on the Golden Horseshoe
in Halton: 309 Biosciences Network, visit: http://www.ghbn.org
Source: Statistics Canada, Canadian Business Patterns, December 2007
7
11
BU S I NESS D EV ELOPMENT
Q2 REPORT 54
Biotechnology Firms
in Halton 11
58
Medical and Diagnostic 32. Endress + Hauser 38
Laboratories Canada Ltd. HALTON HILLS
1. E.T.S. Inc. Holster 33. Excel Tech Ltd.
Scanning Services 34. Gennum Corp.
2. M D S Laboratories 35. MGN Engineering Inc.
3. M D S Laboratories 36. Ultramed Inc. MILTON
4. Orchid Helix DNA
Testing Services Pharmaceutical and
Medicine Manufacturing
Medical Equipment 37. Nycomed Canada Inc.
and Supplies 38. Becton Dickinson
Manufacturing Canada Inc.
5. Arrow Medical Products 39. Boehringer Ingelheim
6. Benlan Inc. (Canada) Ltd.
7. Biomet EBI Canada Inc. 40. Cedarlane 45 36 26 9
8. Biophysica Inc. Laboratories Ltd.
9. Bruker BioSpin Limited 41. GlaxoSmithKline PEEL
10. BLS Systems Limited Consumer
11. Communications and Healthcare Inc. HAMILTON
Power Industries Inc. 42. Glenwood Laboratories
12. Halton Dental Canada Ltd.
Laboratories Limited 43. Patheon Incorporated
13. Labtician 44. Sigma-Aldrich
Ophthalmics Inc. Canada Ltd.
14. MAR COR Purification 45. Univet BURLINGTON
BIOLAB Equipment Pharmaceuticals Ltd.
15. Mitech Dental 46. Wellspring 33 30
27 20 13
Laboratory Inc. Pharmaceutical OAKVILLE 6 5 44
16. Noram Solutions Canada Corp.
17. Nu-Dent Laboratory Inc. 41
18. Obtura/Spartan Canada Scientific Research 24 57 2
19. Orthogait Inc. and Development 49 16
3729 25 28 46 22 31
Services 14 50 32 52 7
12 4 3 10
20. Otto Bock Health Care 51
21. Pedorthic Solutions 47. Canada Microsurgical
34 18 5613 39
15
4253 48
22. Progenic Dental Limited 1 47 43
19 21 8
Laboratories 48. Carolwood Corporation
56 40 17
23. Pulse Scientific Inc. 49. CJS Technology Inc. 35
24. Thermo Fisher Scientific 50. Cytobiotechnics Inc.
25. UltraRay Medical 51. i3 Innovus Research Inc. LAKE ONTARIO
Products Inc. 52. Natrix Separations, Inc.
26. Ultramed Inc. 53. Petro Sep Membrane
27. Virox Technologies Inc. Technologies Inc.
28. Walsh Medical 54. Purity Life Health
For more information, contact
Devices Inc. Products Limited Halton Region
29. Widex Canada, Ltd. 55. Straumann Canada
Limited 905-825-6000
Medical Instruments 56. Zeton Inc. Toll free: 1-866-4HALTON (1-866-442-5866)
Manufacturing 57. GE Water & Process
30. Coordinate Industries Ltd. Technologies
TTY: 905-827-9833
31. Dionex Canada Ltd. 58. Caledon Laboratories Ltd. Email: busdev@halton.ca
www.halton.ca
Source: Golden Horseshoe Biosciences Network
Note: Companies listed on this map represent a cross
section of the bioscience firms and related organizations
located in Halton. This map does not represent a complete
listing of all companies in the region.
Business Development Division