Situated for businesses of any size and attractively affordable
A cost of living that keeps both labour and commercial/industrial space costs reasonable, sustainable growth for any business is easily within reach.
Market Access
Peterborough is attractively located in proximity to major markets in the Greater Golden Horseshoe (GGH) , Canada and the Northeastern United States. Just 90 minutes northeast of Toronto, we have integrated, accessible highway and rail links to get products to market. We are located on effective transportation systems for people and freight – road, rail and air – including an expanding commercial airport. Peterborough has fully-serviced industrial parks on major accessible highways with available sites to meet the needs of businesses of all sizes.
Transportation and Communications Links
- The four-lane divided Highway 115 connects Peterborough to Highway 401, Ontario’s major Toronto-Montreal highway.
- Driving distance to downtown Toronto is 136 KM
- Highway 407 extension to Highway 115 to be completed in 2017
- Newly expanded and upgraded airport with a 7,000’ lighted runway that operates 24/7
- Current Peterborough GO transit connections (via GO Oshawa rail terminal) provides connections to Union Station and the Greater Toronto Area
Learn more about Peterborough’s major highways, rail roads, airport and distance to major centres.
| Major Centres | Distance | Drive Time |
| Toronto, ON | 140 Km | 1h 28min |
| Ottawa, ON | 270 Km | 3h 11min |
| Kingston, ON | 186 Km | 2h 5min |
| Kitchener-Waterloo, ON | 230 Km | 2h 13min |
| Niagara Falls, ON | 265 Km | 2h 31min |
| Montreal, QC | 470 Km | 4h 45min |
| Cleveland, OH | 610 Km | 5h 51min |
| Detroit, MI | 520 Km | 4h 47min |
| New York, NY | 785 Km | 7h 49min |
Low Cost of Doing Business
In Peterborough, construction costs and lease rates are lower than the larger urban centres in Ontario. Check out the cost-competitive commercial space for sale, lease or rent, is available throughout the region, or learn more about Peterborough’s utility and tax rates.
Peterborough Airport
The Peterborough Airport boasts the longest paved civil runway between Ottawa and Toronto. Its new 7,000 foot runway and infrastructure is designed to support narrow body aircraft such as the Boeing 737 and Airbus 320 series. The airport has recently seen over $35 million of expansion and infrastructure improvements since 2010.
Economic Diversity
Unlike traditional manufacturing communities that tend to focus on one sector – Peterborough has long been a place where businesses coexist and flourish. Peterborough is home to a range of diverse business sectors including advanced manufacturing, aerospace, water technology, nuclear energy, education, healthcare, agriculture & food processing and tourism industries.