Brampton Economic and Market Snapshot – 2013 prepared by the Brampton Economic Development Office

Business Attraction and Retention Committee – February 18, 2014

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TABLE OF CONTENTS Brampton Economic Indicators 3 Brampton New Employment and Business 4 Construction Activity: New Industrial-Commercial 5 Construction Activity: Industrial-Commercial Expansion 6 Constructions Activity: Institutional 7 2013 Residential Activity 8 2013 International Business Strategy 9 Population – Market Demand 10 NHS Demographics 11-13 Electronic Resources 14 The Economic Development Office 15 Sources (Endnotes) 16 Economic Development Office Contact Information 17

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Employment – Region of Peel6

ICI Market7

1

In 2013, Brampton was able to attract 219 new businesses and 1,423 new jobs. The unemployment rate rose slightly to 7.6 per cent (from 7.5 per cent in 2012). At close to $1.4 billion, the total construction value was on par with projections. Industrial construction activity was up just over 7 per cent, institutional construction was up almost 10 per cent, while commercial construction activity was down 37 per cent.

Endnotes can be found on page 16

Brampton Indicators YTD Dec 2013 YTD Dec 2012 Variance (13/12)

Total New Employment1 1,423 1,725 -17.5%

Total New Business1 219 256 -14.5%

Unemployment Rate % (Region of Peel)2 7.6 7.5 0.1

Total Construction Value3 $1,392,371,481 $2,655,224,190 -47.6%

Residential Construction Value3 $958,043,543 $2,172,524,763 -55.9%

Industrial Construction Value3 $194,210,450 $181,287,855 7.1%

Commercial Construction Value3 $122,618,082 $194,533,064 -37.0%

Institutional Construction Value3 $114,306,140 $104,067,600 9.8%

Housing Resale Activity4 7,909 7,956 -0.6%

Average House Price4 $420,847 $404,140 4.1%

Housing Permits (units)3 3,071 5,940 -48.3%

Industrial Vacancy Rate % (Q3-2013/2012)5 6.4 5.7 0.7

63

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62

.4%

61

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61

.8%

62

.1%

63

.0%

63

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63

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64

.6%

65

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68

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69

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69

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70

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69

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67

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68

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69

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68

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67

.7%

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%

9.3

%

10.3

%

10.1

%

10.2

%

9.5

%

8.9

%

8.6

%

8.7

%

8.6

%

8.0

%

7.5

%

7.7

%

8.4

%

9.0

%

9.3

%

9.3

%

9.2

%

9.7

%

10.4

%

10.4

%

9.3

%

8.1

%

7.6

%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

J F M A M J J A S O N D J F M A M J J A S O N D

Employment rate (%) Participation rate (%) Unemployment rate (%)

Vacancy Rates

City of Brampton

Industrial Q4 2013: 6.4%

Q4 2012: 5.7%

Office Q4 2013: 7.6%

Q4 2012: 6.4%

Brampton Economic Indicators: December 2013

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Brampton New Employment and Business

4

83

4

1,1

74

1,5

38

1,7

25

1,4

23

102

274

242 256

219

0

50

100

150

200

250

300

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2009 2010 2011 2012 2013

Total New Employment Total New Business

Brampton’s new employment and new business figures are returning to pre-recession totals. In 2013 Brampton attracted a mix of new businesses including head office, manufacturing, distribution and retail facilities. Air Canada completed its new Operations Centre and will bring 400 new high tech jobs in January 2014.

Significant New Businesses2

Company Location Description

Jones Contract Packaging 55 Walker Drive Packaging of Pharmaceutical Products

TARGET Canada 499 Main Street South Retail Store

TARGET Canada 80 Great Lakes Drive Retail Store

TARGET Canada 25 Peel Center Drive Retail Store

The Works 8 Queen St East Gourmet Burgers, Poutine, Nachos, Milkshakes

Ever Eco Plastics 40 Holtby Avenue, Unit 2 Transparent & Plastic Bags

Pulis Investment Group 1 Nelson ST West Investment Group

Haco Canada 40 Holtby Avenue, Unit 7 Metalworking Machinery and Parts

Gamma Dynacare 10 Cottrelle Blvd, Suite 108 Laboratory Services

West Block Distributers 2084 Steeles Ave E Unit 13 Distributers of Specialty Concrete Products

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Construction Activity: New Industrial-Commercial

5

Significant New I-C Permits List2

Brampton had 31 new Industrial/Commercial (I-C) projects commence construction in 2013, adding close to 2.5 million square feet of new floor space. Projects of note include Phase I of Canon Canada’s new headquarters facility, Unilever Canada’s new Distribution Centre and continued investment in speculative (spec) construction by Orlando Corporation.

55 55 54

65

55

20

32 28

49

31

0

10

20

30

40

50

60

70

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

New Industrial Building Sq.Ft. New Commerical Building Sq.Ft. Number of Projects

Building Type

Applicant Location Construction Value

Square Feet

Use

Industrial Orlando Corporation 8050 Heritage Road $43,000,000 902,018 Spec Industrial Building

Industrial 7900 Airport Road Developments Inc 7900 Airport Road $42,000,000 744,922 Unilever Canada Distribution Centre

Office Canon Canada Inc. 8000 Mississauga Road $42,364,900 250,013 Canon Canada Headquarters

Retail Brampton (Northeast) Shopping Centres Limited 5085 Mayfield Road $11,000,000 154,512 Wal-Mart

Retail Rutherford Properties Ltd 15 Resolution Drive $8,065,350 107,534 Wal-Mart

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Construction Activity: Industrial-Commercial Expansion

6

Significant Expansion I-C Permits List2

Brampton had 11 Industrial/Commercial (I-C) expansion projects start construction in 2013, adding over 270,000 square feet of floor space. Orlando Corporation added close to 140,000 square feet to Excel Logistics and Sota Glazing joined two existing industrial buildings on Van Kirk Drive with a two storey office addition.

37

19

36

20

28

35

15

20

12 11

0

5

10

15

20

25

30

35

40

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Industrial Building Expansion Sq.Ft. Commerical Building Expansion Sq.Ft. Number of Projects

Building Type Applicant Location Construction Value Square Feet Use

Industrial Orlando Corporation 100 Sandalwood Pkwy W $7,000,000 138,919 Excel Logistics

Industrial Vankirk7080 Inc 80 Van Kirk Drive $10,000,000 33,844 Sota Glazing

Industrial 7602928 Canada Inc 131 East Drive $2,500,000 31,000 Action Force Transport

Industrial Dependable Truck & Tank Repairs Ltd 275 Clarence Street $1,725,000 18,299 Dependable Truck & Tank Repairs

Retail 2309908 Ontario Inc. 280 Rutherford Road South $325,000 15,339 Teletime Superstore

Industrial Kathleen Troost 49 Rutherford Road South $900,000 7,599 Peel Plastic Products Limited

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Construction Activity: Institutional

7

Significant Institutional Permits List2

Brampton had 26 institutional projects start construction in 2013, totaling close to 288,000 square feet of floor space. New projects included three schools, a place of worship and a paramedic satellite station while additions to existing facilities included nine schools three fire stations and two places of worship.

18

26

17

30

37

17

21 20 20

26

0

5

10

15

20

25

30

35

40

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

2,000,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

New Institutional Building Sq.Ft. Institutional Building Expansion Sq.Ft. Number of Projects

Applicant Location Construction Value Square Feet Use

Peel District School Board 10 Pinestaff Road $15,340,600 49,665 Walnut GrovePublic School

Peel District School Board 40 Ross Drive $14,840,000 47,437 Springdale 703 Public School

Peel District School Board 10125 Chinguacousy Road $14,600,000 45,370 Fletcher's Meadow #7 Public School

The Corporation of the City of Brampton 1975 Williams Parkway $16,500,000 20,006 Williams Pkwy Ops Centre & Works Yard

Dominus/Citizen Brampton SWQRP Inc. 33 Queen Street West $3,645,400 17,836 New Shell building

The Corporation of the City of Brampton 10775 The Gore Road $4,300,000 13,746 Fire Station No 211

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2013 Residential Activity

8

2013 residential activity saw increases to average home prices for both new homes and resale. Resale activity by type of dwelling was generally on par with 2012 with a slight increase over the previous year. In 2013 new home starts by type saw a significant decrease over 2012 in all categories with the exception of Townhouse dwellings. Detached dwelling starts were down over 60 per cent from the previous year.

422 387

4,486 4,479

1,718 1,712

491 513

792 865

-

2,000

4,000

6,000

8,000

10,000

2013 2012

Att/Row/Townhouse

Condo Apt

Semi-Detached

Detached

Other

1,432

3,834

498

992

360

572

781

542

0

1,000

2,000

3,000

4,000

5,000

6,000

2013 2012

Townhouse

Multiple UnitBuilding

Semi-Detached

Detached

New Units by Type

Building Starts4

(YTD Dec)

Resale Activity

by Type3

(YTD Dec)

Single-Detached

Average Home Prices1

New Home Prices (Single-Detached)

YTD Dec 2013: $ 576,924

YTD Dec 2012: $ 562,491

Resale Prices (Single-Detached)

December 2013: $ 503,346 December 2012: $ 474,460

Average Home Prices - Resale

YTD Dec 2013: $ 420,847

YTD Dec 2012: $ 404,140

New Single Detached

Units by Price2

(YTD Dec)

<$450,000 17.3%

$450,000 to

$549,999 30.8%

$550,000 to

$649,999 26.0%

$650,000 to

$799,999 21.8%

$800,000+ 4.2%

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2013 International Business Strategy

9

Outbound Missions Inbound from China Inbound from India Inbound from Turkey

As part of its International Business Strategy, in 2013 the Economic Development Office participated in trade missions to Brazil, Spain, Germany, Hong Kong, India and the Philippines. Inbound missions saw Economic Development host seven delegations from China, two from Turkey and one from India.

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Population – Market Demand

10

Municipality Population 2011 Population

2006 Rank 2011

Rank 2006

Toronto 2,615,060 2,503,281 1 1

Montréal 1,649,519 1,620,693 2 2

Calgary 1,096,833 988,812 3 3

Ottawa 883,391 812,129 4 4

Edmonton 812,201 730,372 5 5

Mississauga 713,443 668,599 6 6

Winnipeg 663,617 633,451 7 7

Vancouver 603,502 578,041 8 8

Brampton 523,911 433,806 9 11

Hamilton 519,949 504,559 10 9

Québec City 516,622 491,142 11 10

Surrey 468,251 394,976 12 12

Laval 401,553 368,709 13 14

Halifax 390,096 372,679 14 13

London 366,151 352,395 15 15

Top 15 Largest Canadian Cities1

In May, 2011, Statistics Canada commenced the 2011 Census of Population and the 2011 National Household Survey (NHS). Conducted every five years, the Census survey collects demographic and linguistic information on every person living in Canada. Brampton is the 9th largest city in Canada (Brampton ranked 11th in 2006); 4th largest in Ontario; and 3rd largest within the Greater Toronto Area.

149,090 188,498

234,445 268,251 325,428

433,806 523,911

738,000

20

.8%

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

0

200,000

400,000

600,000

800,000

1981 1986 1991 1996 2001 2006 2011 2031

% C

han

ge

Po

pu

lati

on

Census Year

Brampton 30 Year Population Growth2 and 20 Year Projection

3

With Percentage Change over Previous Census

Population % Population Change over previous Census

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NHS Demographics

11

Over the past 50 years (Census periods from 1961 to 2011), a total of 237,965 people immigrated to Brampton. Of the total recent immigrants who arrived between 2006 and 2011, the majority (52.49 per cent or 21,365 persons) arrived from India, followed by Philippines (6.78 per cent or 2,760 persons) and Pakistan (6.31 per cent or 2,570 persons). In 2011, 48.55 per cent (down from 51.46 per cent in 2006) of Brampton’s population were Canadian-born, 50.58 per cent (up from 47.78 per cent in 2006) were foreign-born (immigrant population) and 0.87 per cent were non-permanent residents in 2011. Brampton saw 209 different ethnic origins reported in the 2011 NHS. Brampton’s top ten ethnic origins from 2011 and 2006 are provided below. In 2011, East Indian, the most frequent ethnic ancestry reported, accounted for 30.61 per cent of Brampton’s total population.

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0

40

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0

-

20,000

40,000

60,000

Before 1961 1961 to 1970 1971 to 1980 1981 to 1990 1991 to 1995 1996 to 2000 2001 to 2006 2006 to 2011

Brampton's Immigrant Population by Period of Immigration

Brampton’s Population by Immigration, 2006 and 2011

Immigration Characteristics 2011 % of Total 2006 Absolute Chg,

2011-2006

%Chg, 2006-2011

Canadian-born population 253,110 48.55% 222,080 31,030 13.97%

Foreign-born population 263,670 50.58% 206,190 57,480 27.88%

Non-permanent residents 4,535 0.87% 3,305 1,230 37.22%

Total 521,315 100% 431,575 89,740 20.79%

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100,000

150,000

200,000

Top 10 Ethnic Origins in Brampton, 2011 (Total Population)

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NHS Demographics (continued)

12

According to the 2011 NHS, the largest occupational group in Brampton was “Sales and service occupations” which accounted for 61,540 workers or 22.7 per cent of all occupational groups. Brampton’s labour force grew from 240,985 in 2006 to 281,250 in 2011, an increase of 40,265 persons or 16.7 per cent during the five year period. The largest segment of the labour force was 25-54 years old, accounting for 73.4 per cent of the work activity.

29,445

57,340

129,685

32,370

5,755 0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

15 to 24years

25 to 34years

35 to 54years

55 to 64years

65 yearsand over

Brampton - Employed labour force by age groups

51,505

61,540

50,210

27,215

23,540

18,140

21,425

11,415

4,425

2,035

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000

Business, finance and administrationoccupations

Sales and service occupations

Trades, transport and equipment operatorsand related occupations

Unique to processing, manufacturing andutilities

Management occupations

Natural and applied sciences and relatedoccupations

Social science, education, governmentservice and religion

Health occupations

Art, culture, recreation and sport

Unique to primary industry

2011 2006 2001

Brampton – Labour Force by Occupations

Brampton’s Labour Force Activity, 2006 and 2011

Labour Force Activity 2006 2011 Change 2006-

2011 Change (%) 2006-2011

Total population - 15 years + 332,235 406,905 74,670 22.48% In the labour force 240,985 281,250 40,265 16.71% Employed 225,080 254,595 29,515 13.11% Unemployed 15,905 26,650 10,745 67.56% Not in the labour force 91,250 125,655 34,405 37.70% Participation rate 72.5% 69.1% -0.03 Employment rate 67.7% 62.6% -0.05 Unemployment rate 6.6% 9.5% 0.03

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NHS Demographics (continued)

13

According to the 2011 National Household Survey, the average before-tax family income was $93,817 and the median before-tax family income was $82,935. The average after-tax family income was $81,066 and median after-tax family income was $73,450. The aggregate total income for Brampton was $13.3 billion in 2010. The average household income in Brampton was $89,010 in 2010, up 6.8 per cent from $83,379 in 2005, above the national average of $79,102 and provincial average of $85,772. The number of households in Brampton was 149,270. The homeownership rate in Brampton was 81.7 per cent - higher than the Ontario homeownership rate of 71.4 per cent. Number of tenant households in Brampton was recorded at 27,255.

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3,4

50

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7,9

54

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72

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3,7

51

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9,6

97

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

All economic families Couple families Lone-parent families Other economic families Persons not in economicfamilies

Median after-tax income in 2010

Brampton Ontario Canada

70

,68

5

81

,08

0

97

,55

0

12

5,9

25

14

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70

$62,738 $63,538

$78,063 $83,379

$89,010

$0

$20,000

$40,000

$60,000

$80,000

$100,000

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

1991 1996 2001 2006 2011

Total Private Households and Average Household Income

Total Private Households Avg. Household Income

81.7% 71.4% 69.0%

18.3% 28.4% 30.6%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

Brampton (CY) Ontario Canada

Owner Renter

Brampton - Homeownership Rate

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Electronic Resources

14

Websites

Economic Development Office (EDO) www.brampton.ca/economic-development

Small Business Enterprise Centre (SBEC) www.brampton-business.com

Tourism Brampton www.tourismbrampton.com

Brampton Maps www.bramptonmaps.com

Property Tax Account Information www.brampton.ca/MyPropertyTax

Building Permit Information www.brampton.ca/EN/residents/Building-Permits/Projects

Sign Permit Information www.brampton.ca/EN/residents/Building-Permits/sign-permits

Social Media

Economic Development Office on Twitter www.twitter.com/bramptonecodev

Bramfacts T.V. www.youtube.com/bramptonecodev

LinkedIn www.linkedin.com/in/BramptonEconomicDevelopment

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The Economic Development Office

15

Strengthen Brampton’s outstanding quality of life by encouraging economic growth, innovation and entrepreneurship that enhances the City’s brand and residents’ lifestyles.

Strategic initiatives: • Attract and Support Knowledge-based jobs • Increase Domestic and Foreign Direct Investment • Expand the Inventory of Lifestyle Amenities • Prosperity through Creative Economy, Tourism and Sport

EDO Mission:

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Sources (Endnotes)

16

Economic Indicators (page 3)

1. City of Brampton Economic Development Office

2. Statistics Canada Labour Force Survey, December 2012- December 2013

3. City of Brampton Building Division, December 2013

4. Monthly MarketWatch (Toronto Real Estate Board) December 2013

5. GTA Q4 2013 Industrial Statistics - (Colliers International) 6. Labour Force Survey Statistics Canada, G0109_24_M3M, Peel 7. GTA 201 Industrial Statistics - (Colliers International) Q4-2013 Office Statistical Cushman & Wakefield Ltd. Brampton New Employment and Business (page 4) 1. City of Brampton Economic Development Office 2. City of Brampton Economic Development Office Construction Activity: New Industrial-Commercial (page 5) 1. City of Brampton Building Division, compiled by City of Brampton

Economic Development Office 2. City of Brampton Building Division Construction Activity: Industrial-Commercial Expansion (page 6) 1. City of Brampton Building Division, compiled by City of Brampton

Economic Development Office 2. City of Brampton Building Division

Construction Activity: Institutional (page 7) 1. City of Brampton Building Division, compiled by City of Brampton

Economic Development Office 2. City of Brampton Building Division 2012 Residential Activity (page 8) 1. Canada Mortgage and Housing Corporation, Dec 2013 and Toronto

Real Estate Board, December 2013 2. Canada Mortgage and Housing Corporation, December 2013 3. Toronto Real Estate Board, December 2013 4. City of Brampton Building Division, December 2013 Population – Market Demand (page 10) 1. Statistics Canada, 2011 Census 2. Statistics Canada, 2011 Census 3. Brampton City-Wide Population and Employment Forecasts, 2009 NHS Demographics (pages 11 to 13) 1. Statistics Canada, 2011 National Household Survey 2. Statistics Canada, 2011 National Household Survey 3. Statistics Canada, 2011 National Household Survey 4. Statistics Canada, 2011 National Household Survey 5. Statistics Canada, 2011 National Household Survey 6. Statistics Canada, 2011 National Household Survey

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Economic Development Office 2 Wellington Street West, 2nd floor Brampton, ON Canada L6Y 4R2 T: 905.874.2650 F: 905.874.2670 E: edo@brampton.ca W: brampton.ca/b-more

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