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Ottawa Citizen Masthead Market Edge

Market Edge

Ottawa

Ontario



  • Canada’s capital and 4th largest city
  • Population 1,168,800
  • Well educated: Highest number of university degrees/capita in Canada
  • #1 high-tech market with 900+ advanced tech companies
  • Projected GDP +3% in 2007
  • Projected retail sales +4% in 2007
Source: FP Markets 2007, Conference Board of Canada, Winter 2006
Welcomes over 7 million visitors per year, who spend over $1.3 billion
  • Canada’s Capital Region is the fourth largest metropolitan area with a population of just over 1.1 million residents.
  • Geographically, Ottawa is one of Canada’s largest metropolitan areas with a land area of over 2,600 square kilometers.
  • Almost 90 per cent of the city’s area is rural countryside. There are 51 villages and hamlets in rural Ottawa.
  • Less than an hour’s drive from the American border, Ottawa enjoys the attributes of a major center for the visual and performing arts, as well as other big city attractions. Yet it still maintains the accessibility, atmosphere and charm of a smaller city.
  • With 90 per cent of Canada’s industrial telecommunications research and development conducted there, Ottawa is one of the world’s top five sites for R&D.
  • Canada’s Capital region welcomes over 7.3 million visitors per year, who spend $1.2 billion.
  • With the highest-educated workforce in Canada, Ottawa has more engineers, scientists and PhDs per capita than any other city in the country.

Retail


Major department stores, discount warehouses or individual boutiques, Ottawa has them all.

Industry / Innovation


The region is the headquarters of many national corporations, especially in the field of high technology. Already termed “Silicon Valley North,” Ottawa is home to more than 1,800 companies specializing in high technology with 80,000 people working in the advanced technology sector.

Economy


Because of its position as the capital of Canada and seat of the federal government, Ottawa has traditionally enjoyed a stable economy and measured growth. In turn, this has provided a supportive business environment for its commercial, industrial, retail, hospitality and government-related industries.
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