Future Cities

Emerging Industrial Markets: Southwestern Ontario, Canada

June 28, 2023

Southwestern Ontario has a long history as an automotive hub but is evolving to lead Canada’s EV future. The world’s largest automotive companies are planning multi-billion dollar battery facilities here. Midwestern Ontario will connect Canada’s mining resources in the north with manufacturing in the south, while allowing for quick transport to the United States.
Amanda FediucCBRE Managing Director, Southwestern Ontario, Canada


Nearly 1.3 million people—22% aged 20 to 34—live within 50 miles (80 kilometers) of Southwestern Ontario, and 12.8 million consumers are within 250 miles (402 kilometers).

Figure 1: Southwestern Ontario Population Analysis

Note: Analysis is inclusive of Canadian population only.
Source: Sitewise, CBRE Research, 2023.

The market’s local transportation and warehouse labor force of 21,040 is expected to grow by 43% by 2033. The average salary for a non-supervisory warehouse worker is C$20.68 per hour.

Figure 2: Southwestern Ontario Warehouse & Storage Labor Fundamentals

Note: Above is for combined London & Windsor
Source: Oxford Economics, Government of Canada Job Bank, 2023.

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