Investment, Growth & Development

Select Major Projects

Over $4.5 billion dollars of new investments in Niagara continue to build a strong economy that is attractive to investors worldwide. Here are just a few examples of the exciting growth and development being realized in Niagara Canada.

 

 Projects Due to Complete/Completed 2010-2012

ESTIMATED INVESTMENT

COMPLETED
General Motors Transmission and Engine Lines
$480 million
2012
QEW Highway Expansion in Niagara
$174 million
2011
Cairns Family Niagara Health and Biosciences Research Complex
$120 million
2012
Niagara Convention and Civic Centre
$105 million
2011
Niagara College Campus Expansions
$90 million
2011
Smart Centres Retail Development, St. Catharines
$75 million
2012
Smart Centres Retail Development, Niagara Falls
$70 million
2011
Niagara Region Wastewater Plant Upgrades
$58 million
2011
Port Colborne Health and Wellness Centre
$33 million
2012
Carlisle Street, St. Catharines Parking Garage
$28 million
2011
Thorold Student Residence
$25 million
2012
Niagara School Boards Capital Improvements
$22.4 million
2011
West Niagara YMCA
$20.5 million
2011
Kiwanis Aquatic Centre and Library Branch
$20 million
2011
Welland Multi-Sports Complex
$15.8 million
2012
Pen Centre Shopping Mall Renovations
$13 million
2012
Niagara Falls History Museum/1812 Legacy Project
$12 million
2012
Boys and Girls Club of Niagara Falls Centre
$12 million
2011
Niagara District Airport Upgrades
$11.4 million
2011
Brock University International Service Building
$10 million
2011
Grimsby Town Hall Reconstruction
$7.8 million
2011
Niagara-on-the-Lake Community Centre
$6.5 million
2011
Pelham Downtown Revitalizaiton (Fenwick & Fonthill)
$6.2 million
2011
Reconstruction of Haist Street, Pelham
$5.7 million
2011
Niagara Region Michael G. DeGroote School of Medicine, St. Catharines
$4 million
Completed
Niagara College Food and Culinary Innov. Centre
$2.3 million
2011
Peace Bridge Plaza, Fort Erie Expansion
$2 million
2011
Total
>$1.4 billion


 

Projects Currently Underway 

ESTIMATED INVESTMENT

DUE TO BE COMPLETED
Ontario Power Generation Niagara Tunnel Project
$1.6 billion
2013
Niagara Health System Health Care Complex and Cancer Centre
$900 million
2013
Algoma Centre Corp. Great Lakes Shipping Investment
$400 million
2013
Highway 406 Expansion to Welland
$111 million
2013
St. Catharines Cultural & Academic Arts Centre
$101 million
2014
Police Headquarters, Niagara Falls
$83 million
2014
TSP Canada Towers Inc
$25 million
2013
Pan Am Games related investments
$15 million
2015
Leonard Hotel Downtown, St. Catharines
$3 million
-
Enercon Canada Inc.
Not announced
2013
Total
> $3.2 billion

 

Profile

Population Estimate (2011)
431,346
Labour Force Estimate (2012)
219,800
Total Private Dwellings (2011)
188,877
Average Income (Per Capita, 2012 Estimate)
$30,366
Average Household Income (2012 Estimate)
$74,367
Housing Starts (2011)
1,341
Average Housing Price (2011 Resale Market)
223,066
Retail Sales (2012 Estimate)
$5,789,606,822
Number of Businesses (2011)
24,724


International Gateway

Trade Value Crossing Niagara-US Borders in USD (2011)
$81,897,296,783
People Crossing Niagara-US Borders (2011)
13,730,121
 
 
Sources: Statistics Canada Census Profile; Statistics Canada, Labour Force Survey; FP Markets Canadian Demographics 2012; Statistics Canada, Canadian Business Patterns; Canada Mortgage and Housing Corporation, Housing Now Fourth Quarter 2012; Canada Mortgage and Housing Corporation, Housing Outlook Fall 2012; US Bureau of Transportation Statistics 2012. Information compiled in cooperation with local partners and stakeholders.