Manitoba's Strategic Advantages: Business Costs


Locating in Manitoba gives your business a low-cost advantage!

 

Affordable industrial land and office rents, electricity at some of the lowest rates in North America, and productive, skilled workers give Manitoba businesses an edge.

Manitoba has some of the most affordable industrial properties in Canada. Industrial properties are available in Winnipeg and many other cities and towns throughout the province. Winnipeg’s industrial parks are conveniently located near major transport facilities and properties in other Manitoba cities and towns have convenient highway access.

Office space is similarly varied and affordable. Approximately one million square feet of space is available in Winnipeg – from modern class A towers to beautiful historic buildings. Average net rental rates for class A office space are lower in central Winnipeg than for every major centre in Canada.

The mighty rivers that flow north and east into Hudson Bay provide Manitoba with ample, clean, and inexpensive hydroelectricity. In fact, Manitoba Hydro, the provincial electric utility, has published electric rates that are among the lowest in North America. Manitoba Hydro also provides high system reliability: its power outage frequency and average outage times are substantially lower than the respective composite average of other Canadian utilities. Manitoba Hydro ranked highest in customer satisfaction among large utilities in a 2010 national survey conducted by J.D. Power and Associates. 

These features make Manitoba one of the most attractive locations for investment in Canada. In a 2010 study that compared business costs for 17 industries in 112 cities around the world, consulting firm KPMG found that Canada ranked second in overall business cost competitiveness, with a cost advantage of 5.0% over the US. Winnipeg ranked as the lowest-cost city in the North American Midwest, with an overall cost advantage of 6.1% relative to the US average.

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