newsletter_summer2016

B U I L D I N G B U S I N E S S B E T T E R

EmployerOne Survey Results are In

Check out the new Town of Tillsonburg website at www.tillsonburg.ca!

The fourth annual EmployerOne Survey results have been released and some of the key findings from the 2016 survey are: n  59% of businesses expect to hire over the next 12 months n  Expansion, seasonality and replacements were the targeted reasons for hiring. n  44% of employers rated the availability of workforce in the region to be “excellent or good”, while 26% rated it “fair” n  67% of employers offered training and professional development to their workforce n  62% of businesses experienced separations in 2015. A majority of those separations were “quits” n  Service workers, production workers and professionals experienced the largest turnover

The EmployerOne Survey is a critical source of information on workforce issues, challenges and opportunities. 320 surveys were filled out, representing 18,000 employees. These results will help workforce agencies provide the resources and programs necessary to ensure that the local workforce is able to meet the needs of businesses and industry. The EmployerOne Survey is a collaborative effort between the Elgin Middlesex Oxford Workforce Planning Board and over 40 partners, including the Town of Tillsonburg. To view the results or past surveys, please visit www.worktrends.ca/resources or contact the Elgin, Middlesex, Oxford Workforce Planning and Development Board at 519-672-3499.

The new website offers a fresh design with improved functionality for ease of use by residents and visitors.

Export Canada Launches Export Marketing Program The Federal Government has launched CanExport, which will provide up to $50 million over five years in direct financial support to small and medium-sized enterprises (SMEs) in Canada seeking to develop new export opportunities, particularly in high-growth priority markets and sectors. The purpose of the program is to increase the competitiveness of Canadian companies. Delivered by the Trade Commissioner Service (TCS) of Global Affairs Canada, in partnership with the National Research Council Industrial Research Assistance Program (NRC-IRAP), CanExport provides financial support for a wide range of export marketing activities. For more information, please email canexport@international.gc.ca or call 866-203-2454. The Spring/Summer edition of the Discover Tillsonburg magazine is available at www.online.flippingbook.com/ view/919758.  Check out what’s going on in Tillsonburg this summer! Copies

Ontario efforts to cut red tape recognized Ontario’s Red Tape Challenge is currently in process and involves an online consulting tool designed to identify and eliminate duplication, lessen compliance burdens, shorten response times and make it easier for businesses to interact with the government. The Red Tape Challenge will focus on six sectors over the next two years, starting with auto parts manufacturing and food processing. Other proposed sectors include financial services, mining, chemical manufacturing and forestry. In recognition of the province’s efforts to reduce red tape over the last year, the Canadian Federation of Independent Business (CFIB) awarded the province a B+ grade – the second highest grade awarded in Canada – as part of its annual Red Tape Awareness Week. Ontario’s strong rating is due to efforts to streamline and modernize government. The province is over halfway to its burden reduction target of $100 million in savings for businesses by the end of 2017, reaching the $50 million mark in 2015. To participate, please visit: talks.ontario.ca/redtapechallenge.

Key Stats

Data sources: Oxford County data are estimates by Metro Economics while Elgin, Middlesex & Oxford counties data is CANSIM, Table 282-0122, 3-month moving average, unadjusted for seasonality

UNEMPLOYMENT RATE

MAR. 2016

MAR. 2015

Oxford County

6.3% 6.2%

6.7% 6.6%

can also be picked up throughout the Tillsonburg area.

Elgin, Middlesex, & Oxford Counties

AVERAGE HOUSE PRICE

MAY 2016 (YTD)

MAY 2015 (YTD)

% DIFFERENCE

Average House Price

$244,926

$218,991

12%

*Information Courtesy of Tillsonburg District Real Estate Board

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