Winnipeg’s growth has been driven by competitive strengths unique to the city
Compared to a set of major metro areas in Canada over the last decade, Winnipeg’s performance in most industries has been strong, and in many cases outpaced cities of similar or larger size. Over the next decade, the total gross product of industry sectors in Winnipeg is expected to grow significantly. All industry clusters, excepting advanced manufacturing, are expected to more than double over a 10-year forecast period.
Winnipeg’s competitive strengths include:
- Winnipeg’s location at the geographic centre of North America, with links to transportation by air, road, rail and sea give the city an important advantage in transportation and distribution networks
- Business costs are among the lowest among developed economies
- Energy costs are the lowest in North America
- Innovation is supported by R&D tax advantages coupled with a well-educated workforce and extensive research infrastructure
- The city exhibits a high degree of vertical industry integration combining high-quality raw materials with value-added manufacturing to support an expanding export industry
- An affordable, high quality of life has helped firms to retain top talent
- Investment in state-of-the-art telecommunications infrastructure has supported ongoing expansion and global integration
