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.
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.
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.
- 50% of Peterborough’s employers being owner-operated.
- Start or grow a business in Peterborough.
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|
|Agriculture, forestry, fishing and hunting||134|
|Mining and oil and gas extraction||110|
|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|
|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|
Peterborough Labour force characteristics
|Unemployment rate (%)||6||6.4||0.4%|
|Participation rate (%)||61.3||64.6||3.3%|
|Employment rate (%)||57.6||60.4||2.8%|
View more local, current and relevant labour market information about the Peterborough Region on the Labour Market Gateway Tool
The top 15 Peterborough Region Employers
- Peterborough Regional Health Centre: 2,000
- City of Peterborough: 1,257
- Kawartha Pine Ridge District School Board: 1,250
- General Motors (Oshawa): 1,000
- Fleming College: 987
- General Electric Canada: 950
- Trent University: 946
- Ministry of Natural Resources: 865
- Central East Community Access Centre: 803
- AON Inc.: 734
- Peterborough, Victoria, Northumberland and Clarington Catholic District School Board: 695
- PepsiCo/QRG: 610
- Sysco: 530
- SGS Lakefield Research: 520
- Ventra Plastics: 460
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.