in Peterborough

An economy driven by knowledge and innovation

In Peterborough, you can have an office in the heart of an innovative business community, or overlooking a scenic late, surrounded by nature, and have access to everything you need to be successful.

Creative Economy

Peterborough is home to a thriving Creative Economy and Creative Class labour force. The creative labour force participates in all sectors of our economy and is made up of thousands of creative occupations – careers where people are paid to think. We have diverse employment opportunities and are always working to grow and enhance them.

In Peterborough, we recognize that industry and economy are always evolving, always changing. We understand and embrace the need for the Creative Economy – and for the impact it has on sustainable growth. While we are excited about hosting traditional industries, and even more so about attracting new ones, we are also calling attention to creative individuals, careers, and businesses. We believe that there is only one way to embrace this change. And that’s by leading the way.

Welcome to the future of thought. Welcome to our Creative Economy.

Peterborough is one of Canada’s most Creative Cities, with over 30% of its labour force being employed in creative economy occupations. This labour force is expected to grow by 23 percent by 2020
entrepreneurial-spirit

Entrepreneurial Spirit

In keeping with a growing trend in Canada, entrepreneurship, startups and microbusinesses play a celebrated and integral role in Peterborough’s economy. These small-scale local businesses add a distinct flavour to the Peterborough business community with a wide range of offerings from finance to food businesses, from manufacturing to the arts.

Workforce

Peterborough (CMA) – Proportion of the population aged 15 years and over by level of educational attainment and age groups

Labour Force by Industry

Total labour force aged 15 and over 41,795
Industry – not applicable 1,563
All industries 40,231
Agriculture, forestry, fishing and hunting 134
Mining and oil and gas extraction 110
Utilities 405
Construction 2,150
Manufacturing 3,297
Wholesale trade 1,562
Retail trade 5,323
Transportation and warehousing 1,263
Information and cultural industries 928
Finance and insurance 1,306
Real estate and rental and leasing 674
Professional, scientific and technical services 1,664
Management of companies and enterprises 16
Administrative and support, waste management and remediation services 2,281
Educational services 3,887
Health care and social assistance 5,986
Arts, entertainment and recreation 1,054
Accommodation and food services 3,537
Other services (except public administration) 2,193
Public administration 2,463

Peterborough Labour force characteristics

thousands thousands
Peterborough (Ont.) Oct-13 Oct-14 Change
Labour force 63.4 67 3.6%
Employment 59.6 62.6 3%
Unemployment 3.8 4.3 0.5%
Unemployment rate (%) 6 6.4 0.4%
Participation rate (%) 61.3 64.6 3.3%
Employment rate (%) 57.6 60.4 2.8%
Peterborough Economic Development has helped over 170 of business startups and expansions in Peterborough since 2012. View performance results.
One in five workers in the manufacturing sector in Peterborough are employed in Creative Occupations – designers, engineers, specialized equipment operators, and other such professions. This above average number supports that Peterborough is a community with strength in custom manufacturing.
Peterborough is home to an eager and dedicated labour force of highly qualified professionals, as well as to three outstanding post-secondary institutions.

View more local, current and relevant labour market information about the Peterborough Region on the Labour Market Gateway Tool

Working in Lab

The top 15 Peterborough Region Employers

  1. Peterborough Regional Health Centre: 2,000
  2. City of Peterborough: 1,257
  3. Kawartha Pine Ridge District School Board: 1,250
  4. General Motors (Oshawa): 1,000
  5. Fleming College: 987
  6. General Electric Canada: 950
  7. Trent University: 946
  8. Ministry of Natural Resources: 865
  1. Central East Community Access Centre: 803
  2. AON Inc.: 734
  3. Peterborough, Victoria, Northumberland and Clarington Catholic District School Board: 695
  4. PepsiCo/QRG: 610
  5. Sysco: 530
  6. SGS Lakefield Research: 520
  7. Ventra Plastics: 460

Training and Education

Peterborough hosts three exceptional higher education institutions

  • Trent University
  • Fleming College
  • Seneca College
KTTC Building Construction

2014 was an exciting year for Peterborough educational institutions

Trent University was named McLean’s Magazine’s Top Undergraduate University, Seneca College’s School of Aviation opened its doors in Peterborough. In September Fleming College opened the state-of-the-art Kawartha Trades and Technology Centre. This new $36.6 million, 87,000 square foot trades and technology skills training facility to be located at the college’s Sutherland Campus in Peterborough.