FORWARD GROWING
An exciting time for Thunder Bay's economy and Northwestern Ontario
Traditional sectors in natural resource industries and manufacturing are successfully blending with new and evolving knowledge, education and healthcare sectors, creating a balanced and diversified local economy.
Centrally located in North America and just 32 miles from the Minnesota border, Thunder Bay is a connected, industrious and forward growing city. There’s never been a better time to relocate, buy a business or invest in the City of Thunder Bay.
Our Thunder Bay CEDC team is available to help you to identify new business opportunities, find the right property or land, recruit the best talent, access business incentives and get reliable local advice.
Let us connect you into Thunder Bay’s thriving and supportive business community.
Just a Few Reasons to Invest in Thunder Bay
- Strong Economic Performance
- Global Transportation Connections
- Affordable Land & Property
- Low Tax Rates
- Business Incentives
- High Quality Infrastructure
- Low Cost Raw Materials
- Highly Skilled Workforce
- Business-Friendly Community
Download Our Sector Brochures
Studies & Publications
Land & Property
From waterfront office space to creative downtown hubs, port-side industrial lands and accessible business parks, Thunder Bay has a variety of affordable land and properties available for purchase or lease. Best of all, there are currently no development fees for commercial and industrial lands in Thunder Bay.
A Global Transportation Hub
Getting to and from, and around Thunder Bay is so easy. Our excellent global transport connections link Thunder Bay to a worldwide supply chain and international markets by air, sea, rail, and road transportation networks. Today, Thunder Bay International Airport is the 4th busiest in Ontario.
Why Thunder Bay
There are so many advantages to living, working, doing business and investing in Thunder Bay. Come here for the low costs, economic possibilities, and supportive business community. Stay for stunning scenery, great neighbourhoods and a better quality of life.
Incentives & Funding
Thunder Bay businesses are supported at the municipal, provincial and federal levels. There are many opportunities for new and expanding businesses to access incentives, as well as funding programs. Get cost savings for your start-up or growing business venture.
Permits & Regulations
Our Thunder Bay CEDC team is here to help you navigate the permits, legislation and other regulations to get your business up and running fast. Learn which building applications, environmental legislation and zoning regulations apply to your specific industry.
Reports & Resources
Do you need current information and data to support your market research and business planning? We are pleased to offer up to date reports and statistics. Download the latest resources available for Thunder Bay and the Northwestern Ontario region by visiting our directories.
