Chatham-Kent’s ranking as the second-most-affordable Canadian community in which to business, doesn’t surprise Economic Development Director Michael Burton.
Profit magazine’s profitguide.com website completed a cross-country survey ranking municipalities in a variety of categories.
“It’s what we’ve been telling investors all along,” he said. “It’s really good news since it comes from an independent source.”
Granby, Que. was named the most affordable city, while others in the top 10 included Joliette, Que.; Orangeville; Windsor-Essex; Grand Prairie and High River, Alta., Winnipeg, Man.; St. Catharine’s; and Chilliwack, B.C.
Burton said C-K’s low average lease rate of just over $9 per square foot was one of many factors.
“We used to be even lower but a lot of our industrial property has been filling up so it’s pushed prices higher,” he said.
Chatham-Kent was also listed as the 13th best place to do business.
For a complete list, visit the magazine’s website at profitguide.com.
