Results are in: Halton continues to be a place where people and businesses succeed.
Our local economy is strong and resilient. Development has continued at a strong pace and more people are investing in our great region.
Here are some highlights from the 2023 Economic Review:
- Total building permit construction value reached its third-highest building permit value in Halton with $2.8 billion approved for development.
- The amount of non-residential total floor area with building permits issued was 3.1 million square feet, with 2.4 million square feet consisting of industrial development.
- There were 3,300 jobs added to the local economy.
- Halton’s unemployment rate was 5.3 per cent, down from 5.5 per cent in 2022.
- The labour force participation rate was 68.5 per cent, up from 67.4 per cent in 2022.
To learn more about the labour market, business activity and new development happening in Halton, you can access our 2023 Economic Review or visit the Invest Halton page. By maintaining a strong regional economy, we are keeping Halton a great place to live, work, raise a family and retire.