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Employment Area

The Stratford employment area is defined as Region 580 by Statistics Canada. Region 580 encompasses the City of Stratford and significant segments of Perth and Huron counties. The local Stratford economy gives you a stable, thriving environment in which your business can grow.


Stratford’s Top Ten Employers (2011)

Stratford Festival of Canada   Theatre company 1,200
Stratford General Hospital   Life Sciences 880
FAG Aerospace   Manufacturing 420
Stackpole   Manufacturing 330
Clemmer Steelcraft   Manufacturing 330
ScotiaBank and Trust Financial Processing Centre 300
Aisin Canada Inc. Manufacturing 279
Dyna-Mig Mfg.      Manufacturing 250
Spruce Lodge Life Sciences 200
FIO Manufacturing 100

 

Stratford’s Assessment Base (2010)

  Total Assessment   $2,726,229,000  
  Residential   $2,180,423,000  
  Commercial/Industrial   $422,516,000  

 

Stratford’s Tax Rates (2011)

    General School Boards Total  
Residential   0.01212715   0.00231000 0.01443715
Multi-Residential 0.02612068 0.00231000 0.02843068
Commercial New Construction 0.02396251 0.01330000 0.03726251
Commercial Occupied 0.02396251 0.01730000 0.04126251
Commercial Vacant 0.01677376 0.01211000 0.02888376
Industrial New Construction 0.03613826 0.01330000 0.04943826
Industrial Occupied 0.03313826 0.01930000 0.05543826
Industrial Vacant 0.02348987 0.01254500 0.03603487
Industrial New 0.03613826 0.01330000 0.04943826
Farmland 0.00297871 0.00063000 0.00360871

 

Building Permit Construction Values (2010)

 

    Residential Commercial Industrial Total  
2010 19,090,377 3,305,253 204,094,681 236,502,920
2009 20,534,479 3,600,001 5,169,064 33,548,150
2008 44,497,300 5,697,696 3,849,700 64,873,252
2007 25,776,331 12,668,393 32,682,662 124,447,691
2006 19,794,589 4,802,102 2,391,500 35,399,604
2005 31,470,311 7,302,848 3,766,800 48,158,760

 

Chartered Banks, Trust Companies and Credit Unions

  Bank of Montreal (BMO)
  2  
  Canadian Imperial Bank of Commerce (CIBC)   1  
  CitiFinancial   1  
RBC Financial 2  
  Scotia Bank and Trust   2  
  TD Canada Trust   2  
  Mitchell & District Credit Union   1  
  Libro Financial   1  
  Farm Credit Corporation (FCC)   1  
Business Development Bank (BDC) 1

 

Stratford Retail Market (2011 estimate)

  2011 Sales Estimate   $549 Million  
  % Canadian Total   0.12%  
  Per Capita   $16,104  

SOURCE: FP CANADIAN DEMOGRAPHICS 2011 


Occupations By Major Groups
(2011 Estimate)

    Male Female  
  Management 985 662  
  Business, Finance and Administration 809 1,912  
  Natural & Applied Science and Related 571 119  
  Health 121 815  
  Social Sciences, Government Services and Religion 221 493  
  Education 224 498  
  Arts, Culture, Recreation and Sport 342 352  
  Sales & Service 1,776 2,796  
  Trades, Transport and Equipment Operators 2,249 195  
  Primary Industries 221 89  
  Processing, Manufacturing and Utilities 1,610 971  

 

Labour Force (2011 Estimate)

    Male Female  
  In the Labour Force 9,216 8,994  
  Participation Rate 73.6% 65.0%  
  Employed 8,643 8,407  
  Unemployed 573 587  
  Unemployed Rate 6.2% 6.5%  
  Not in Labour Force 3,314 4,842  

 

Labour Force Profile (2006 Census)

  Total Population (15 years +)   24,750  
  Total Labour Force   17,180  
  Participation Rate   69.4%  
  Unemployment Rate   5.0%  


Labour Force Statistics by Industry
(2006 Census)

Total Experienced Labour Force 17,025
Manufacturing and Construction Industries 4,875
Wholesale and Retail Trade 2,715
  Finance and Real Estate 905   
  Health and Education 2,835  
  Business Services 1,925  
  Other Services 3,505   

 

Educational Attainment (FP Markets Canadian Demographics 2011 estimate)

Population Age 25 + 22,163
No certificate, diploma or degree 4,943
Certificate, diploma or degree 17,220
  High school certificate or equivalent 6,085  
  Apprenticeship or trades certificate or diploma 1,963  
  College, CEGEP or non-university certificate or diploma 5,139  
  University certificate, diploma or degree 4,033  
  University certificate or diploma below bachelor level 614  
  University certificate or degree 3,419  
  Bachelor’s degree 2,138  
University certificate or diploma above bachelor level     400
Degree in medical, dental, veterinary medicine or optometry     118
Master’s degree 622
Earned doctorate 141