Over 30% of Brampton’s economic output is generated by this sector. With a highly diversified economy, a steady flow of well-educated, skilled labour and a strategic position in the country, Brampton’s advanced manufacturing sector is a world class powerhouse of production.
Manufacturing companies benefit from Brampton’s skilled and educated workforce. You can recruit for new employees or offer skills upgrading to current employees at any of these specialized institutions:
· Sheridan College Institute – Davis Campus
· The Centre for Advanced Manufacturing and Design Technologies
· Magna Training Centre
In addition to our highly skilled workforce and our ideal location amongst some of the busiest highways in the country, Advanced Manufacturing businesses in Brampton benefit from significant cost advantages:
Canada is the most tax competitive country in the world, ranking 1st of 10 countries surveyed and scoring 53.6. When compared to the United States, which ranked 5th with a score of 100, Canada's total tax costs are 46.4 per cent lower.
Canada ranks 1st R&D industry sectors, and 2nd in the manufacturing.
Corporate Income Tax: 13.5 per cent cost advantage in comparison to the United States in Manufacturing.
Today, Canada has the lowest payroll taxes among the G7 countries. Canada’s corporate income tax rate is 13.2 per cent as of 2014.
In Good Company
Some of the more recognizable manufacturers in Canada call Brampton home including:
· FCA Canada Inc. (formerly Chrysler)
· MDA Space Missions
· Velcro Canada
· Massive Die-Form
· ABB Inc.
· Almag Aluminum
. Brannon Steel
Contact: Jeff Baines, Sector Manager, Advanced Manufacturing
905-874-2660 or firstname.lastname@example.org
Download our Advanced Manufacturing sector profile here!