Why should I invest in Peterborough?

Peterborough welcomes new immigrant investors. The city is known for an exceptional quality of life, a skilled work force, high educational standards, affordable real estate, and natural beauty. The city’s close proximity to major markets makes Peterborough an attractive location for investment. Many employment opportunities in Peterborough are created by the expansion of existing business, an indicator of a positive return on investment. Commercial-space and construction costs are, on average, lower than in other cities. 

The Peterborough community supports locally owned and operated businesses. There is a sense of loyalty in the community to anything produced or based in Peterborough. As an investor or business owner in Peterborough, you will play a crucial role in community-building. You should explore the services the following local organizations offer before starting a business. 

Greater Peterborough Area Economic Development Council (GPAEDC)

The GPAEDC plays a supportive role in community-based initiatives by helping businesses learn how to access opportunities in many areas, including new technologies, skills training and job creation, multiculturalism and growth/revitalization. The community section of the GPAEDC website offers you a comprehensive profile of the City of Peterborough.

Greater Peterborough Chamber of Commerce  

The Chamber actively promotes the development of the local economy by supporting its membership and by participating in, as well as leading many community activities. 

Workforce Development Board (WDB)

The WDB is one of 25 Local Training and Adjustment Boards in Ontario. As one of the first local training and adjustment boards established in Ontario, the WDB identifies and responds to labour-market issues that impact the community. WBD’s main purpose is to analyze labour-market information to identify labour-force training and adjustment needs and to engage local stakeholders in planning to address those needs. 

Community Futures Development Corporation (CFDC)The mission of the CFDC is to generate and assist in the creation of employment opportunities in the Peterborough area. It supports small-business development through flexible financing and business-counselling services.

Community Employment Resource Partnership (CERP)

CERP is a group of employment and training organizations committed to enhancing service to individuals, businesses and the community as a whole. CERP collects and analyzes common regional data to improve services for job seekers and employers.