The Town of Milton has recently been named Canada’s Best Place for Business in 2015, according to ProfitGuide.com.
“On behalf of Milton Council, we are proud to be named Canada’s Best Place for Business, and if I may be so bold, this title comes as little surprise to us,” said Town of Milton Mayor Gord Krantz. “There are a number of factors that make Milton such a great place to do business – from a well-educated, well-earning population to a local government that works closely with businesses to help their business thrive in Milton.”
The Canadian Business “Best Places for Business” relies on a mix of data from municipal governments and independent demographic and market data. Several criteria where Milton rated highly were market indicators such as population growth, median household income, percentage of residents apprenticeship or trade certificate, and percentage of residents with a university degree. Governmental indicators such as building permit processing time and business property tax rate; and cost indicators such as average home price, average office lease rate and average commercial lease rate. Milton also benefits from its prime location within the Greater Toronto Area, which affords proximity to major highways, international airports and the U.S. border.
“The Town is headed for a record year for non-residential growth, which speaks to the success Milton has had at attracting new businesses and supporting existing ones with their expansion plans,” added Mayor Krantz. “Milton is truly competitive as a growing community within one of the top five markets in North America.”
Read the article on ProfitGuide.com,