City Departments

Stats, Facts and Profiles

ECONOMIC PROFILE OVERVIEW


ADVANTAGEOUS LOCATION
  • Cambridge covers a land area of 112.82 square kilometres and has an elevation of approximately 300 metres.
  • ideal location for "Just in Time" manufacturing due to climate and road transportation
  • within southern Ontario, the most industrialized area of Canada
  • strategically located in Canada's Technology Triangle known for it's significant number of science and technology companies
  • right on Highway 401 for ready access to markets and major metropolitan areas
  • within 50 to 130 kms. (30 to 80 miles) of Toronto including the border crossings of Niagara Falls/Buffalo
  • within 50 minutes of Toronto's international airport for global travel needs
  • nestled along the Grand River, a Canadian Heritage River


DEDICATED SKILLED LABOUR FORCE

  • within commuting distance of Kitchener, Waterloo, Guelph, Brantford, Mississauga, Milton, Hamilton and several communities in between
  • Cambridge has a labour force of approx. 67,225 and the surrounding Region has a workforce of 269,265 including an excellent pool of skilled workers
  • over 1/4 of the labour force is employed in manufacturing


GROWING POPULATION

  • 2010 population estimated at 131,000 and is expected to grow to 180,000 by 2031
  • estimated 50,000 households in 2009. Forecasted to reach 51,196 by 2016
  • Cambridge is part of the Region of Waterloo, with a 2010 population of 539,000 which is forecasted to reach 729,000 in the year 2031


DIVERSE INDUSTRIAL BASE

  • approx. 7,300 business tenancies of which over 555 are manufacturing businesses, and these range in diversity from traditional textile manufacturing to leading edge science and technology firms (Toyota Motor Manufacturing Canada, ATS Automation Tooling Systems Inc., COM DEV International Ltd., Novocol Pharmaceutical of Canada Inc., Loblaw Companies East, Canadian General Tower, and Babcock & Wilcox)
  • strong manufacturing support system through various specialized machine shops, technology-based services and University-sponsored research opportunities
  • within larger urban area, Canada's Technology Triangle (CTT), recognized for having a significant critical mass of science and technology based companies
  • City involvement in industrial land development and community marketing


STRONG ECONOMIC GROWTH

  • The economy of Cambridge has experienced strong growth over the past decade in both output and employment
  • New non-residential construction in 2009 is valued at $93.6 million
  • New residential construction in 2009 is valued at $164.8 million representing 744 housing starts.
  • The total building permit value for 2009 is $277.0 million.
  • Toyota Motor Manufacturing Canada is the largest employer in Cambridge with a 3.01 million square foot facility on 400 acres, employing 4,500 people. 2008 marked the 20th anniversary of production for TMMC, which has increased its production from the initial 50,000 units in 1988/89, to over 300,000 units (Lexus RX330/350, Corolla and Matric models) in 2007. At the Woodstock plant, production of RAVA vehicles is underway.
  • The City of Cambridge offers reasonable taxes.


ENVIABLE LIFESTYLE

  • Affordable housing. The average price for a home in Cambridge as of January 2010 was $278,527 vs. Ontario average of $329,134 and Canadian average of $328,537.
  • Excellent schools, 12 community centers and 4 public library branches
  • 50 parks covering more than 1,000 acres, and 14 golf courses within driving distance
  • Numerous organized sporting and leisure activities and a variety of cultural events
  • 7 ice surfaces, 2 private arenas (Cambridge Centre, Ice Park), 6 public arenas, 5 indoor and 4 outdoor pools, 1 indoor soccer field
  • Over 50 km of trails with over half along the banks of the Grand and Speed Rivers


For current and historical Taxation information, visit the Corporate Services Department.

Related Documents

DOCUMENT DESCRIPTION DATE POSTED  
Economic Analysis Report
Economic Analysis - 2007 This report provides the latest (2007) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2007-09-19 PDF 311Kb
Economic Analysis - 2006 This report provides the latest (2006) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2006-08-23 PDF 292Kb
Economic Analysis - 2005 This report provides the latest (2005) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2005-07-11 PDF 358Kb
Economic Analysis - 2004 This report provides the latest (2004) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2004-07-07 PDF 405Kb
Economic Analysis - 2003 This report provides the latest (2003) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2003-07-09 PDF 523Kb
Economic Analysis - 2002 This report provides the latest (2002) update to the City of Cambridge Economic Analysis. Updates are undertaken annually on a number of indicators from the original work as data becomes available. 2002-11-14 PDF 791Kb
General
Cambridge Community Profile This brochure consists of a compilation of detailed information on the City including demographics, statistical market data, economic indicators, labour rates, social features and municipal services. 2010-06-17 PDF 774Kb
Cambridge Agriculture and Food Sector A fact sheet about the agricultural and food sector in Cambridge. Also provides a directory of organizations in the agricultural and food sector as well. 2008-03-27 PDF 129Kb
Housing Information
Housing Report - 2006 Housing Report 2006 2007-06-13 PDF 1778Kb
Housing Report - 2005 This report provides the latest update to the City of Cambridge Housing statistics. Updates are undertaken on a number of indicators as the data becomes available. 2006-07-05 PDF 2144Kb
Housing Report - 2004 This report provides the latest update to the City of Cambridge Housing statistics. Updates are undertaken on a number of indicators as the data becomes available. 2005-05-17 PDF 2011Kb
Housing Report - 2003 This report provides the latest update to the City of Cambridge Housing statistics. Updates are undertaken on a number of indicators as the data becomes available. 2004-09-22 PDF 3492Kb
Housing Report - 2002 This report provides the latest update to the City of Cambridge Housing statistics. Updates are undertaken regularly on a number of indicators as the data becomes available. 2003-07-09 PDF 1879Kb