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.