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.
By maintaining a strong regional economy, we are keeping Halton a great place to live, work, raise a family and retire.