Brief | Future Cities

Emerging Industrial Markets: Midwestern Ontario

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Midwestern Ontario is among North America’s fastest-growing industrial markets, optimally located between the U.S. border and Toronto—the continent’s fourth largest logistics hub. With an abundant supply of labor and developable land, Midwestern Ontario offers relief to Canada’s tight industrial market conditions and is primed for takeoff.
Greg ClarkCBRE Executive Vice President, Managing Director, Greater Toronto Area

Demographics

More than 5 million people live within 50 miles (80 kilometers) of Midwestern Ontario, comprised of the cities of Kitchener, Cambridge, Waterloo, Guelph, Brantford and Hamilton, with projected population growth of 6.7% over the next five years. Nearly a quarter of its residents are in the important 20-to-34 age cohort. The region is accessible via two Canadian-U.S. border crossings—Detroit (a three-hour drive) and Buffalo (less than two hours)—and is one hour away from the Greater Toronto area. Approximately 13 million Canadians and 9 million Americans live within a 250-mile radius.

Figure 1: Midwestern Ontario Population Analysis



Source: Environics Analytics, CBRE Research, 2021.

The local transportation and warehousing labor force of 34,900 is expected to grow by 12.7% over the next five years. The median hourly wage for warehouse workers is C$18.50 (US$13.79).

Figure 2: Midwestern Ontario Warehouse & Storage Labor Fundamentals

Source: Conference Board of Canada, Government of Canada Job Bank, 2021.

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