cobourgcommunityprofile2018

COBOURG COMMUNITY PROFILE

investcobourg.ca 1

COMMUNITY PROFILE Table of Contents INTRODUCTION TO THE TOWN OF COBOURG ......................................................... 4 PROXIMITY TO MAJOR CITIES..................................................................................... 6 GOVERNMENT CONTACTS .......................................................................................... 8 Members of Parliament................................................................................................ 8 Provincial Regional Contacts ....................................................................................... 8 COBOURG & AREA FAST FACTS ................................................................................. 9 Location ....................................................................................................................... 9 Transportation ............................................................................................................. 9 Population.................................................................................................................... 9 Economy...................................................................................................................... 9 Recreation ................................................................................................................... 9 Emergency Services .................................................................................................. 10 Education................................................................................................................... 10 Healthcare & Wellness .............................................................................................. 10 Health Care Practitioner’s Offices .............................................................................. 11 2016 DEMOGRAPHICS ................................................................................................ 12 TOWN OF COBOURG BUILDING PERMIT ACTIVITY ................................................ 13 Building Permit Values............................................................................................... 13 DEVELOPMENT CHARGES ........................................................................................ 14 HOUSING DEVELOPMENTS ....................................................................................... 15

investcobourg.ca 2

2018 COBOURG TAX RATES ...................................................................................... 16 PROVINCIAL AND FEDERAL TAXES 2017 ................................................................. 17 MANUFACTURING EMPLOYMENT ............................................................................. 20 COBOURG INDUSTRIES ............................................................................................. 21 SAMPLE WAGE RATES ............................................................................................... 23 GOVERNMENT INCENTIVES GRANTS & LOANS ...................................................... 24 Federal and Provincial Programs............................................................................... 24 Sector-specific grants, loans and support programs .................................................. 25 Local Incentive Programs .......................................................................................... 26 OTHER INCENTIVE PROGRAMS ................................................................................ 28 Watton Employment Services Inc. ............................................................................ 28 Ontario Works ............................................................................................................ 28 Youth Programs ......................................................................................................... 29 VENUTRE13 INNOVATION AND ENTREPRENEURSHIP CENTRE…………………. 30 BUSINESS AND ENTREPRENEURSHIP CENTRE NORTHUMBERLAND ................. 32 ELECTRICITY ............................................................................................................... 35 GAS RATES .................................................................................................................. 36 TOWN OF COBOURG WATER AND SEWAGE ........................................................... 37 TELECOMMUNICATIONS & INFRASTRUCTURE ....................................................... 38 PACKAGES OF INFORMATION .................................................................................. 40 Inventory of Available Land and Buildings ................................................................. 40 Industrial Directory ..................................................................................................... 40 Business Directory ..................................................................................................... 40 Relocation Information ............................................................................................... 40

investcobourg.ca 3

INTRODUCTION TO THE TOWN OF COBOURG We are pleased to be given the opportunity to introduce you to the Town of Cobourg. Nestled along the north shore of Lake Ontario, Cobourg has been called “architecturally exquisite� with its tree lined streets, outstanding waterfront promenades and majestic historic homes. Victoria Hall, the heart of Cobourg, is the envy of many communities with its soaring clock tower, solid stonewalls and Corinthian columns.

Since its first settlers in 1798, Cobourg has continued to grow and prosper. Around the turn of the century, wealthy American industrialists built superb summer homes in Cobourg, many of which still remain.

Today, Cobourg enjoys yet another building boom as young families and business owners relocate here. Retirees find it to be more than a summer place, but a thriving community with a multitude of year round activities. Cobourg is a town for all seasons.

In the Financial Post 2016 annual ranking of top entrepreneurial cities in Canada, Cobourg came in 10th in the smaller city category.

The Town of Cobourg offers a superb business environment. Our location, just 75 miles east (110 kms) of Toronto, offers excellent transportation access including highway 401, mainline CN and CP rail as well as commuter and regular VIA rail passenger service. The availability of skilled labour has allowed us to maintain a diversified and stable industrial base producing food, plastics, automotive parts and wire and cable, just to name a few.

You will find all the necessary components that contribute to a successful business in Cobourg. Our excellent educational facilities include Fleming College, Gates College and the Life Long Learning Centre. Durham College and Trent University are nearby. A wide range of upgrading and specialized skills programs are available and our educational facilities and top-notch trainers work closely with local businesses to satisfy their individual needs.

investcobourg.ca 4

The Town of Cobourg is truly a town that you have to experience to believe, with a quality of life that is second to none. Our waterfront, which includes Heritage Harbour and Victoria Beach with its well-lit walkways, gazebos, magnificent sandy beach and waterfront condominiums, is the gem of Lake Ontario. Affordable housing, quality educational opportunities and a host of recreational and cultural amenities including a newly built Community Centre coupled with exceptional business advantages make Cobourg truly the ideal community in which to live and do business.

Cobourg Harbour

We have assembled this community profile to provide an overview of the many opportunities available within the Town of Cobourg. We maintain an extensive database of information including a business directory and an inventory of available land and buildings, along with resource material to assist you with your relocation needs. For further information about our community, please contact the Economic Development office at:

COBOURG ECONOMIC DEVELOPMENT LOCATION 739 D’Arcy Street, Cobourg ON K9A 0H6 905.372.5481 Toll Free: 1.888.764.6359 econdev@cobourg.ca www.investcobourg.ca

investcobourg.ca 5

PROXIMITY TO MAJOR CITIES

CITY Toronto Kingston Detroit Montreal Ottawa

KMS 110 145 470 420 336

MILES 75 95 295 260 210

CANADA-US BORDER CROSSINGS Fort Erie – Buffalo, New York Sarnia – Port Huron, Michigan Thousand Islands – Fisher’s Landing Windsor, Detroit, Michigan Distances are approximate

investcobourg.ca 6

KMS 268 406 185 473

MILES 166 252 115 294

COMMUNITY DATA

investcobourg.ca 7

GOVERNMENT CONTACTS Municipal Government

TOWN OF COBOURG 55 King Street West Cobourg ON K9A 2M2 905.372.4301 www.cobourg.ca Gil Brocanier, Mayor John Henderson, Deputy Mayor Stephen Peacock, Chief Administrative Officer Wendy Gibson, Economic Development Officer

Members of Parliament Kim Rudd, M.P.

Mr. David Piccini, M.P.P.

12 Elgin Street East, Unit 4 Cobourg, ON K9A 0C5 905.377.4595 1.844.546.7833 http://kimrudd.ca/

513 Division Street, Unit 7 Cobourg, ON K9A 5J4 905.372.4000 1.800.263.3980 https://www.davidpiccini.ca/

info@kimrudd.ca

david.piccini@pc.ola.org

Provincial Regional Contacts Jeff Pinkney, Business Development Consultant Ministry of Economic Development, Employment & Infrastructure 300 Water Street, 2nd Floor, South Tower, Peterborough, ON K9J 8M5 705.755.5984 or 1.800.461.6429 jeff.pinkney@ontario.ca Elaine Flook, Business Development Consultant Ministry of Agriculture, Food & Rural Affairs 322 Kent Street West Lindsay, ON K9V 4T7 705.324.1481

investcobourg.ca 8

COBOURG & AREA FAST FACTS Location The Town of Cobourg is located within the Province of Ontario, 110 kms east of Metropolitan Toronto, mid-way between Windsor and Montréal. Nestled along the north shore of Lake Ontario, within the County of Northumberland, Cobourg is geographically situated along highway 401 corridor.

Transportation Pearson International Airport is just 130 kms to the west. The Oshawa Municipal Airports is only 50 kms away. Cobourg is situated on Highway 401 and has both mainline CN and CP Rail as well as VIA Rail regular passenger and commuter train service. A newly built VIA RAIL station is now complete offering passengers an updated facility.

Population The Town of Cobourg – 19,440 Northumberland County 85,598 Economy Cobourg combines attractive lifestyle features with a successful business development attitude. As “Ontario’s Feel Good Town”, Cobourg offers a resort style atmosphere with a “business first” attitude. Our vision for Cobourg is to have the healthiest businesses in Ontario.

Cobourg supports a diverse and stable economy. Our industrial base has kept us strong when many other communities suffered large losses in the manufacturing sector. With over 900 businesses, our primary employment sectors include plastics, food and health care with retail also employing a significant number of citizens.

Cobourg is home to world class, award winning companies such as Weetabix of Canada Inc., Maplehurst Bakeries Cobourg, and Belden Canada Inc. Recreation The community of Cobourg maintains active recreation programs. There is a modern recreational complex, marina, yacht club and golf course. A newly constructed 142,000 sq. ft. Community Centre houses 2 arenas with a seating capacity of 4,000 plus youth and senior activity centres. On the north side of Lake Ontario, our marina, beach and waterfront are second to none.

investcobourg.ca 9

Emergency Services Police Protection: The Cobourg Police Service offers a variety of general services including:         

Destruction of Fingerprints / Photographs Alarm By-law Registration Criminal Record Checks Fingerprinting Services Freedom of Information Requests Paid Duty Request Presentation Activity Request Form Property Processing Report Requests

Fire Protection: The Cobourg Fire Department provides 24-hour emergency services including fire suppression, emergency medical care with defibrillation, awareness level hazardous materials response, entry level ice and cold water rescue, confined space rescue, vehicle extrication, and response to any other natural or accidental emergency.

Education Public Elementary Schools (1 french immersion) .............................. 4 Separate Elementary Schools (2 french immersion) .......................... 3 Public Secondary Schools .................................................................. 1 Separate Secondary Schools.............................................................. 1 Private Schools . …………………………………………………………1 Centres for Individual Studies ............................................................. 1 Christian Schools ................................................................................ 1 Montessori Schools ............................................................................. 1 Educational Training and Support ....................................................... 3 Colleges .............................................................................................. 2 Fleming College, Cobourg Campus, is located in the Fleming Building along with privately owned Gates College located in the downstairs of Northumberland Mall. Fleming College also provides technology based courses at Venture13. Ten other colleges and universities are located within a 150 kilometre radius offering a wide range of courses and facilities.

Healthcare & Wellness Northumberland Hills Hospital: Newly built in 2003, the Northumberland Hills Hospital (NHH) is a state-of-the-art medical facility. The hospital delivers a broad range of acute, post-acute, outpatient and diagnostic services.

Acute services include emergency and intensive care, medical/surgical care and obstetrical care. Post-acute services include restorative care, rehabilitation and palliative care. Mental health care, chemotherapy and dialysis.16 other ambulatory care clinics are offered at NHH on an outpatient basis through partnerships with regional centres and nearby specialists. NHH offers a full range of diagnostic services, including magnetic resonance imaging (MRI), computed tomography (CT) and mammography.

investcobourg.ca 10

The hospital serves the catchment area of west Northumberland County. A mixed urban and rural population of approximately 60,000 residents, west Northumberland comprises the Town of Cobourg, the Municipality of Port Hope and the townships of Hamilton, Cramahe and Alnwick/Haldimand.

NHH employs approximately 600 people and relies on the additional support provided by physicians and volunteers. NHH is an active member of the Central East Local Health Integration Network (CE LHIN).

Source: NHH.ca

Wellness Practitioners: Health Care Practitioner’s Offices Dentists (incl. Dental Hygiene Clinics, Denturists) ................ 16 Family Practitioners (approx. 30 physicians) ............... 10 Chiropractors................................................... 12 Hospitals ............................................................1 Optometrists (incl. 8 Opticians and 1 Ophthalmologist) .................4 Pharmacies ........................................................8 Facilities for the Elderly .................................. 10 Individual & Family Services (various) .......................... 20

Along with other health care practitioners such as massage therapist, physiotherapist, psychologist, foot care, homeopathy, reflexology, aromatherapy, hearing centres as well as practitioners performing various healing techniques etc.

investcobourg.ca 11

2016 DEMOGRAPHICS Common menu bar links

CHARACTERISTIC

TOTAL IN COBOURG

TOTAL IN NORTHUMBERLAND

Population, 2016

19,440

85,598

Population, 2011

18,519

82,126

Population % Change (2011-2016)

5.0

4.2

Total Private Dwellings

8,958

39,032

Private Dwellings Occupied by Usual Residents

8,639

35,686

Population Density Per Square Kilometre

869.3

44.9

Land Area in Square Kilometres

22.36

1,905.15

Total – distribution (%) of the population by broad age groups – 0 to 14 Years 15 to 64 years 65 years and over Total – Occupied private dwellings by structural type of dwelling

12.6 56.1 31.4

13.2 60.7 26.0

8,640

35,685

Average Household Size

2.2

2.3

Data effective May 3, 2017

For more detailed information visit: http://www12.statcan.gc.ca/census-recensement/2016/dppd/prof/details/page.cfm?Lang=E&Geo1=CSD&Code1=3514021&Geo2=CD&Code2=3514&Dat a=Count&SearchText=cobourg&SearchType=Begins&SearchPR=01&B1=All&TABID=1

investcobourg.ca 12

TOWN OF COBOURG BUILDING PERMIT ACTIVITY Building Permit Values The Building Department publishes monthly and yearly reports that include information on Building Code and Non-Building code permits issued.

Click here for the 2017 Building Permit Fee Schedule and Development Charges Building Permit Values - Five Year Comparison

Building Permits Issued 2013 2014 2015 2016 2017

234 250 208 226 231

Residential Building Permits Issued 2013 2014 2015 2016 2017

189 197 162

investcobourg.ca 13

DEVELOPMENT CHARGES as of January 4, 2017

investcobourg.ca 14

HOUSING DEVELOPMENTS 2018 Sampling Of Residential Developments

East Village Phase 3 will have a limited selection of single detached homes, as well as the continuation of their ever popular town and semi-detached units. These dwellings will be further complimented by the addition of two condominiums.

Mansions on George will see an addition called Mansions on James. This will be a new separate condominium corporation from Mansions on George and will contain 36 suites facing James Street. This condominium will tie in as many of the Architectural features of Mansions on George.

Parkview Hills is in its final phase on Alder Road. Homes with quality features and finishes.

The Lawn Condominiums has been approved for a 29-unit condominium on the vacant lot at Queen and D’Arcy Streets, once home to “The Lawn”. The $6-million complex features a hobby room, game room and communal terraces on the roof of the third floor.

New Amherst is located at the most westerly side of Cobourg off Elgin Street. This development continues to build 19th century architectural single detached and semi detached homes. These are classically inspired homes with a small town charm.

New Amherst

investcobourg.ca 15

2018 COBOURG TAX RATES An average assessed value for a home in Cobourg for 2018 is $245,000 which results in a property tax bill of $3,642 which is distributed as follows: $2,056 goes to Cobourg $1,169 goes to Northumberland County $417 goes to pay for education The 2018 residential tax rates are as follows: Your Cobourg tax rate is: 0.0083905% Your Northumberland County tax rate is: 0.0047734% Your Education tax rate is: 0.00170% Combined Tax: 0.0150569%

The Municipal Property Assessment Corporation (MPAC) establishes the assessed values of properties. Questions involving assessed values of your property may be directed to MPAC at 1.866.296.6722.

For enquiries about the County portion of the tax bills or County Tax policies, please phone the County of Northumberland at 905.372.3329.

You should also keep I mind that Tax Regulations are set by the Ontario Government. If you have any question about tax policies our local M.P.P. David Piccini can be reached at 905.372.4000.

The Town of Cobourg Tax Office staff would be pleased to answer any questions you may have about taxes. For assistance please call them at 905.372.8944.

For more information on the Town of Cobourg Taxes please visit their website at: http://www.cobourg.ca/en/my-cobourg/Taxes.aspx

investcobourg.ca 16

PROVINCIAL AND FEDERAL TAXES 2018 Federal tax rates     

15% on the first $46,605 of taxable income, + 20.5% on the next $46,603 of taxable income (on the portion of taxable income over 46,605 up to $93,208), + 26% on the next $51,281 of taxable income (on the portion of taxable income over $93,208 up to $144,489), + 29% on the next $61,353 of taxable income (on the portion of taxable income over 144,489 up to $205,842), + 33% of taxable income over $205,842.

Provincial/Territorial tax rates Tax for all provinces (except Quebec) and territories is calculated the same way as federal tax.

Form 428 is used to calculate this provincial or territorial tax. Provincial or territorial specific non-refundable tax credits are also calculated on Form 428.

Provincial / Territorial tax rates (combined chart) 

5.05% on the first $42,960 of taxable income, +



9.15% on the next $42,963, +



11.16% on the next $64,077, +



12.16% on the next $70,000, +



13.16 % on the amount over $220,000

Corporation tax rates Federal The basic rate of Part I tax is 38% of your taxable income, 28% after federal tax abatement.

After the general tax reduction, the net tax rate is 15%.

For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 10%

investcobourg.ca 17

Provincial Generally, provinces and territories have two rates of income tax – a lower rate and a higher rate.

Lower rate The lower rate applies to the income eligible for the federal small business deduction.

One component of the small business deduction is the business limit. Some provinces or territories choose to use the federal business limit. Others establish their own business limit.

Higher rate The higher rate applies to all other income.

For details on corporate tax rates by province follow this link: https://www.canada.ca/en/revenueagency/services/tax/businesses/topics/corporations/corporation-tax-rates.html

investcobourg.ca 18

BUSINESS OVERVIEW

investcobourg.ca 19

MANUFACTURING EMPLOYMENT Cobourg enjoys a diverse industrial base, manufacturing a wide variety of products from airport communication towers to foil laminated paper products. Companies such as Belden Canada Inc. and Lakeland Multi-Trade have called Cobourg their home for over 40 years.

As you can see in the graph depicted below, the plastics sector is the highest employer in Cobourg, many of whom work at Horizon’s Plastics. Cobourg has a long history in food manufacturing, presently our second largest sector. Some of these industries include Weetabix of Canada Ltd., Maplehurst Bakeries Cobourg, Sprucewood Handmade Cookies Co and our newest industry Canada Candy. These food industries manufacture such products as cereal, fruit cakes, candy and cookies.

Manufacturing Employment by Product 2016

Concrete

7 6

Printing

63 352

126

Chemical Non-Ferrous Metal

108

2

Machinery

5 184

Wood Electrical

227 Fabricated Metals

171

Food Paper Textile

315 264

Furniture & Related Products Plastics

Next update: December 2017

investcobourg.ca 20

COBOURG INDUSTRIES

ADL Group (The)

Lorenz Conveying Products

Activation Products

Marcela Rosemberg Glass Studio

Arclin Surfaces Canada Inc.

Maplehurst Bakeries – Cobourg

BCM Chem Products Inc.

McMurdo Carvings

Belden Canada Inc.

Millard Towers

Cameco Fuel Manufacturing (Cobourg Division)

Motion Pac International

Canada Candy Company

Northumberland Hills Brewery

Canadian Resin Recovery

Process Equipment Corporation

Canadian Wear Technologies

Pro-Tect Asphalt Ltd.

Emulate Global

Protoplast Inc.

Frank Bouwmans Cabinets

Ready Print

Graphic Packaging - Cobourg

Road Maintenance Equipment & Services

Chem-Ecol Ltd.

Rusco Manufacturing Inc.

CPS Wood Products

SABIC Innovative Plastics

Custom Plastics International Ltd.

Spoolon Manufacturing Ltd.

Ella’s Drapery and Décor

Sprucewood Handmade Cookies Co.

Enjay Converters Limited

SubZero Dry Ice Blasting

Form Solutions

Tack Machining

FV Pharma

Titan Pool Heaters

Horizon Plastics Company Ltd.

Vout Welding Ltd.

Kott Lumber

Weetabix of Canada Ltd.

Lafarge

William Street Beer Co.

Lakeland Muliti-Trade

Xtreme Motor Sports

Limpact International Ltd.

investcobourg.ca 21

2017 SERVICE & RETAIL EMPLOYMENT # of Businesses 2017

Sector Agricultural Related Service Industries Wholesale Trade Utilities Information and Cultural Industries Transportation and Warehousing Professional, Scientific and Technical Services Construction Arts, Entertainment and Recreation Real Estate/Rental and Leasing Administrative & Support, Waste Management Other Services-Except Public Administration Finance and Insurance Educational Services Public Administration Accommodation & Food Service Health Care and Social Assistance Retail Trade Total

investcobourg.ca 22

1 15 2 19 18 76 57 21 35 40 90 53 34 18 86 124 206 895

#of Employees 2017 3 91 37 112 126 209 357 222 248 217 320 310 497 1016 1148 1864 2041 8818

SAMPLE WAGE RATES Canada.gc.ca is the Government of Canada's leading source for labour market information and of which the following wage sampling has been derived. The Working in Canada.gc.ca website offers users, free and authoritative occupational and career information such as educational requirements, main duties, wage rates and salaries, current employment trends and outlooks. This sampling provides local information on wage rates for Muskoka-Kawarthas Region NOC 1441 1221 0631 1231 1241 2232 2241 3411 4214 6421 6663 7232 7452 9422

Occupational Title Administrative Clerk Office Manager Restaurant and Food Service Managers Bookkeepers Secretaries (Except Legal and Medical) Mechanical Engineering Technologists & Technicians Electrical and Electronics Engineering Technologists and Technicians Dental Assistants Early Childhood Educators and Assistants Retail Salespersons and Sales Clerks Janitors, Caretakers and Building Superintendents Tool and Die Makers Material Handlers Plastics Press Operator

Avg Wage 18.57 19.00 17.48 18.00 19.00

High Low Wage Wage 26.09 11.25 29.36 14.00 38.46 11.25 26.12 13.42 27.00 11025

28.85

42.31

16.25

29.90

48.00

15.90

20.00 15.98 12.00 20.28 25.00 17.42 16.00

28.00 28.00 20.21 28.12 35.04 34.00 24.00

15.00 11.25 11.25 11.25 13.79 11.25 11.25

Provincial Minimum Wage Effective January 1, 2018

General Minimum Wage Student Minimum Wage Liquor Server Minimum Wage

2018 $14.00/hr $13.15/hr $12.20/hr

For additional information visit: https://www.ontario.ca/document/your-guide-employment-standards-act-0/minimum-wage

investcobourg.ca 23

GOVERNMENT INCENTIVES GRANTS & LOANS Federal and Provincial Programs It’s easy to grow your business in Cobourg. There are an array of government incentive programs and services that can lower your corporate taxes and help your business save on labour costs, Research and Development and expansion activities.

Below is a sample of the available incentive programs and services.

General funding and incentives for growing your businesses Funding for creation of leading-edge technologies, processes, and products The Jobs and Prosperity Fund provides grant and loan funding for projects in advanced industries (e.g. information technology, life sciences, advanced manufacturing) and food industries (e.g. food, beverage, and bioproduct processing).

Financing, government grants and support for exporters Foreign Buyer Financing from Export Development Canada (EDC) provides financing to international customers, so that the agency takes on the risk of non-payment. Your customer receives extended payment terms and you receive payment according to your contract’s terms and conditions, so your business reaps the benefits of a cash sale.

Export Market Access (EMA) and CanExport offer combined funding of up to $130,000 to cover as much as 50% of eligible expenses, including activities such as business travel to target markets, participation at trade fairs and trade missions, registration fees and booth expenses.

Government grants to cover the cost of hiring and training Government grants for hiring and training abound for businesses operating in Ontario, with both federal and provincial programs offering as much as $20,000 or more to companies that hire and/or train workers. Here are just a few opportunities your business can cash in on when you hire in Ontario:  Access Mitacs funding programs to benefit from research collaborations with skilled graduate and post-graduate students; funding begins at $15,000.  The Ontario Exporters Fund provides small and medium-sized businesses with up to $80,000 (up to 50% of salary) in the form of a non-repayable grant to hire a dedicated Export Manager.  The Canada-Ontario Job Grant provides funding to individuals identified by employers in need of skill improvement. The grant covers up to two-thirds of eligible training costs, up to a maximum of $10,000 per individual.

Additional programs include, but are not limited to, the Career Focus wage subsidy program,Canada Summer Jobs and the Industrial Research Assistance Program (IRAP) Youth Employment Program.

investcobourg.ca 24

Eastern Ontario Development Fund (EODF) provides grant and loan funding for economic development in eastern Ontario. The funds support projects that create jobs, encourage innovation, collaboration and cluster development, and attract private sector investment.

The Rural Economic Development Fund (RED) supports businesses located in communities with less than 100,000 people. Funding supports regional economic development activities through grant funding of up to 20%, covering eligible expenses of up to $1 million to promote innovation and collaboration, while strengthening the supply chain in rural Ontario.

Grants and incentives for innovation and R&D Ontario-based businesses can benefit from a number of government grant and tax incentive programs that drastically reduce the cost of performing research and development activities. Opportunities include:  Industrial Research Assistance Program (IRAP) offered through the National Research Council provides financial support to qualified small and medium-sized enterprises (less than 500 employees) in Canada to help them undertake technology innovation.  Scientific Research and Experimental Development (SR&ED) Program is a tax incentive program that encourages Canadian businesses to conduct research and development in Canada. Combined with various provincial R&D programs, this can reduce your after-tax cost of every $100 in R&D spending to between $37 and $61.  Additional tax credits available to innovative Ontario businesses include the Ontario Research and Development Tax Credit, the Ontario Innovation Tax Credit, the Ontario Business Research Institute Tax Credit and the Ontario Tax Exemption for Commercialization.  Canadian Manufacturers & Exporters (CME) SMART Advanced Technologies for Global Growth provides southern Ontario manufacturers up to $75,000 in grant funding to cover up to 33% of costs to cover advanced technology assessments or advanced technology adoption projects that focus on improving productivity.  Ontario Centres of Excellence (OCE) Collaboration Voucher Program connects Ontario companies with the province’s world-leading research institutions for increased productivity and commercialization. Through its partners, OCE offers several funding streams for helping businesses improve productivity, adopt cutting-edge technology and harness the power of high performance computing power.

Sector-specific grants, loans and support programs Grants, loans and tax incentives also apply to businesses operating in particular, high priority sectors including automotive and auto-parts manufacturing, aerospace and defense, agri-food and food processing, clean technology and life sciences. For more information go to the investontario.com website.

Source: (by permission): https://www.ontario.ca/page/copyright-information-c-queens-printer-ontario Non-Commercial Permissions Request/Town of Cobourg/ our file #N/N 0255/16/T

investcobourg.ca 25

Local Incentive Programs Community Improvement Plan (CIP) Grants/Loans Thinking about investing in a development project or starting/expanding a business in Downtown Cobourg? You may be able to take advantage of a Community Improvement Plan grant or loan. These financial incentive programs are designed to encourage private sector investment, rehabilitation, adaptive reuse, redevelopment, and construction activity in Downtown Cobourg. The incentive programs include a:  Study Grant Program;  Façade Improvement Grant/Loan Program;  Building Improvement Grant/Loan Program;  Residential Grant/Loan Program;  Vitalization Tax Increment Grant Program;  Brownfields Tax Assistance Program;  Vitalization Development Charge Grant Program; and,  Fees Grant ProgramContact our office for more information Heritage Financial Programs Cobourg provides several financial incentives to promote the conservation of our heritage resources. These funding opportunities are administered directly by the Planning and Building staff and the finance department. There are several sources of restoration project funding and tax incentive programs for designated property owners.

Permit Fee Program The has been instituted for all designated buildings under Part IV and Part V of the Ontario Heritage Act. This program waives building and planning fees for restoration, renovation and reconstruction initiatives in the Commercial Core Heritage District (both interior and exterior works). The program does not apply to new construction (new developments and additions).

Permit fees for restoration, renovation and reconstruction initiatives for exterior works on designated heritage properties outside of the Commercial Core District receive a 50% discount on permit fees. This program does not apply to new construction (new developments and additions).

Heritage Loan Program The Cobourg Heritage Loan program provides monies for exterior restoration projects on designated heritage buildings that receive heritage approval to a maximum of $15,000 per project per property. This program is intended to provide additional incentives for both residential and commercial property owners to restore, upgrade or maintain those properties protected under the Ontario Heritage Act. Heritage Tax Incentive Program (Commercial Core Only) The Heritage Tax Incentive Program grants money to building owners in the Commercial Core Heritage District for restoration or redevelopment projects that receive

investcobourg.ca 26

heritage approval. The grant is equal to the annual increase in the town portion of the property taxes resulting from an increase in assessment as a direct result of the project.

This is credited against the property taxes annually for a maximum period of ten consecutive years.

Development Charges Credit on Existing Buildings Program The Town of Coburg has passed an amendment to the Development Charges By-law to provide greater flexibility in allowing credits for all redevelopment projects which utilize existing buildings. This program is not specifically for heritage purposes and it is available for all redevelopment in Cobourg’s community. For heritage properties, this could be a change-of-use credit based upon the floor area of the former use versus the new use.

Other Funding Opportunities In addition to the Town of Cobourg’s Heritage Financial Incentives Program, there are other financial programs that individuals may investigate which are operated separately from the Town’s programs.

Architectural Conservancy of Ontario (ACO), Cobourg Branch: Cobourg Heritage Fund Grant Program The Cobourg Branch of the Architectural Conservancy of Ontario has a program designed to accommodate smaller restoration / repair projects to a maximum of $1,000.00 per applicant. For more information download the ACO Grant Application Form at the Town’s website or contact the Cobourg Branch of the Architectural Conservancy of Ontario for more information.

Details on these programs may be obtained by contacting the Town of Cobourg's Planning Department directly at 905.372.1005 or going to the Heritage Incentive Program web page: http://www.cobourg.ca/en/my-cobourg/Heritage-Incentive-Programs.aspx

investcobourg.ca 27

OTHER INCENTIVE PROGRAMS Watton Employment Services Inc. Watton Employment Services Inc. offers a variety of supports/program for employers and job seekers, such as:  Self-service information and resources  Assisted service for job seekers  Targeted Initiative for Older Workers  Youth Job Connection  Second Career Program  Canada-Ontario Job Grant Ontario Works Through a wide range of Employment Services, Community & Social Services can provide you with the help you need! 

They'll meet with you to tell you about their services and work with you to define your specific job requirements, such as skills, abilities, and training needs. It could be regarding office administration, sales and service, manufacturing or general trades and labour

investcobourg.ca 28

Youth Programs The Town of Cobourg, Youth Entrepreneur Partnership Program was launched in 2014 as a pilot project and continues to be a valuable program in offering youth between the ages of 18 and 29 the chance to operate a business either for the summer or on an ongoing basis. The main goal of the program is to offer youth an alternative career choice that may keep them in our community.

2018 ENTREPRENEUR

Surfside Tuck Shop

2016 ENTREPRENEURS

Mermaid Braids by Brynn

Volta Consignment

2015 ENTREPRENEURS

Phone and Photo

Shiatsu4Relief

investcobourg.ca 29

investcobourg.ca 30

investcobourg.ca 31

BUSINESS AND ENTREPRENEURSHIP CENTRE NORTHUMBERLAND Cobourg partners with the Business and Entrepreneurship Centre Northumberland (BECN) who provide information, support and development services to new and existing small business and entrepreneurs. The following are the youth programs administered by the BAC.

Summer Company Program is for ages 15-29 years who are returning to school an opportunity to start and operate at their own full time summer business. The program provides training and mentoring throughout the summer, and up to $3,000 in awards. The program is funded by the Government of Ontario.

Starter Company Program can help turn a vision for a profitable business into reality.

Designed for youth aged 18-29 years not in full time education, who want to start, buy, or expand a business. The Starter Company Program is an opportunity for eligible youth to be provided with business skills development, training, advice & mentoring. Appropriate participants can also apply for a grant of up to $5,000.

investcobourg.ca 32

E3 is geared for youth aged 16 - 25 living in Northumberland County who are interested in entrepreneurship. The program is the first of its kind to be offered in Northumberland County and is developed around providing budding entrepreneurs with the skills and resources necessary to learn over time. Providing 28 experiential learning components, business visits, networking, and mentorship, E3 is a pre-incubation business program preparing youth for self-employment.

Other services and programs offered by the Business Advisory Centre Northumberland include:  Business Planning  Marketing plans  Consultations (providing detailed guidance)  Professional referrals  Information resource and materials  Business start-up packages  Business name registration  Networking opportunities  Educational workshops/services  Guidance on licenses, permits, registrations, regulations and other documents required to start a business.

The Faster Forward Business Success Program is focused on enabling entrepreneurs and businesses in Northumberland to “scale up” to a greater level of success by working with seasoned business experts and coaches with over 600 years of experience, from a great variety of fields. Providing assistance in a variety of areas including; marketing, finance, sales, retail, internet marketing, planning, organizational management and human resources. The Faster Forward Business Success Program ideally suits businesses in retail, service, hospitality, food and small manufacturing. Once you have completed the application and have met with a Business Advisor, we will assess your business’ needs and you will be matched with the appropriate coordinator and coaches.

For more information contact the Business and Entrepreneurship Centre at: 905.372.9279 bizhelp@northumberlandcounty.ca www.becn.ca

investcobourg.ca 33

UTILITIES

investcobourg.ca 34

ELECTRICITY Rates Effective January 1, 2017 The Town of Cobourg Holdings Inc. (“Holdco”) is a holding company which wholly owns Lakefront Utilities Inc. (“LUI”) and Lakefront Utility Services Inc. (“LUSI”) and serves 10,000 residential and commercial customers across the Town of Cobourg and the township of Cramahe (Colborne).

The Ontario Energy Board regulates the province’s electricity and natural gas sectors in the public interest.

Rate Class Residential Residential Service General Service Less than 50 Kw Service General Service Greater than 50-2999 Kw Service General Service Greater than 3000-49999 Kw Service Unmetered Scattered Load

Monthly Service Charge

Distribution Volumetric Rate

$16.00 $23.96

$0.0076 $0.008200

$84.109

$3.3735

$5,800.89

$2.20844

$14.23

$0.0212

The rates for other possible charges can be found at: http://www.lakefrontutilities.on.ca/wp-content/uploads/Lakefront-Utilities-Final-RateOrder.pdf

Lakefront Utilities Inc. 905.372.2193 lusi@lusi.on.ca http://www.lakefrontutilities.on.ca/business/rates/ or http://www.ontarioenergyboard.ca/OEB

investcobourg.ca 35

GAS RATES Current Residential Rates Rate 01 - North East April 2017 Rates The Ontario Energy Board has approved changes to the rates Union Gas charges its customers effective Apr. 1, 2018. The new rates incorporate applicable temporary charges that do not affect the annual impacts listed below.

The total annual bill decrease will be $57.54 for a typical Rate 01—North East customer using 2,200 m³ of natural gas a year.

The table below shows the new, approved rates used to calculate your natural gas bill as of Apr. 1, 2018. The annual impacts are based on a typical Rate 01 - North East customer using 2,200 m³ of natural gas a year.

CHARGES

RATES at April 1, 2018

Gas Used Gas Price Adjustment Transportation to Union Gas Transportation Price Adjustment Storage Storage Price Adjustment Delivery First 100 m³ Next 200 m³ Next 200 m³ Next 500 m³ All Over 1,000 m³ Delivery Price Adjustment Monthly Charge Total Annual Impact

12.5991 ¢/m³ -0.3081 ¢/m³ 2.7452¢/m³ 0.0918 ¢/m³

ANNUAL Increase or decrease -$ 28.80 -$ 7.59 -$ 6.20 -$ 0.62

6.3886 ¢/m³ 0.0787 ¢/m³

- $ 13.47 $ 0.00

9.3485 ¢/m³ 9.1086 ¢/m³ 8.7293 ¢/m³ 8.3811 ¢/m³ 8.0934 ¢/m³ 0.00644 ¢/m³ $ 21.00

- $ 0.86

$ 0.00 $ 0.00 - $ 57.54

Business Rates To find out more about how your business can take advantage of energy efficient equipment programs visit https://www.uniongas.com/business/your-business This is only a partial listing of rates. Please contact Union Gas for further details.

Union Gas 127 Enterprise Drive, P.O. Box 818 Belleville, ON K8N 5B5 613.968.6786 or www.uniongas.com

investcobourg.ca 36

TOWN OF COBOURG WATER AND SEWAGE Cobourg’s water source is Lake Ontario, a large, clear body of water. Our intake is located at a depth of 11 metres, approximately 856 metres from shore at the foot of D’Arcy Street.

2018 Schedule of Water and Sewage Rates Rates and Fees Fixed Base Monthly Charges for Water Services and Sewage Services Water Meter Size 2018 Base Charge 2018 Base Charge for for Water Services Sewage Services 5/8", 3/4" $12.71 $13.88 1" $48.74 $53.23 1 1/2" $69.92 $76.37 2" $91.12 $99.51 3" $140.75 $153.72 4" $196.31 $214.40 6" $306.54 $334.79 8" $417.54 $456.03 Monthly Consumption Charges for Water Services and Sewage Services 2017 Water Consumption Water Rates Sewage Treatment ($m³ & gallons) Rates ($m³ & gallons) First 22.73 m³ first 5000 gallons $1.15 $1.42 water consumed Second Block consumption beyond $1.43 $1.76 22.73 m³ to 35 m³ water consumed Third Block over 35 m³ consumed $1.80 $1.79

The Corporation of the Town of Cobourg By-Law Number 089-2017

investcobourg.ca 37

TELECOMMUNICATIONS & INFRASTRUCTURE The Town of Cobourg delivers broadband internet capacity to its industrial community. A web of fiber optic cable spans the town and provides our manufacturers with enviable connection speeds to Toronto, the US and European head office locations. All services are provided by reputable companies offering:   

high speed internet wireless internet high speed fiber optic networks

The ability to upload and download information "at the speed of business" is another key factor in staying ahead of the competition in today's lean, just-in-time manufacturing world.

Lakefront Utilities Inc. 207 Division St. Cobourg, Ontario Mailing Address: Box 577 207 Division St. Cobourg, Ontario K9A 4L3 Hours: Mon-Fri 8:30am to 4:30pm 905.372.2193 lusi@lusi.on.ca http://www.lakefrontutilities.on.ca/

investcobourg.ca 38

ADDITIONAL INFORMATION

investcobourg.ca 39

PACKAGES OF INFORMATION The Town of Cobourg’s Economic Development Office, prepares and regularly updates the following packages of information that are designed to assist businesses, investors, and tourists to better understand and appreciate the Town of Cobourg's economy and development potential.

Inventory of Available Land and Buildings A current list of this inventory can be found on the real estate page of our website: investcobourg.ca. To receive individual site analysis which includes a physical description of the land and building, contact our office at econdev@cobourg.ca or call 1.888.764.6359.

Industrial Directory A comprehensive listing of existing manufacturers in the Town of Cobourg which includes the company name and address, key person and title and product is also available.

Business Directory A fully comprehensive listing of approximately 1000 businesses within the Town of Cobourg can be viewed on the Cobourg website at https://directory.cobourg.ca/ Relocation Information We carry a full range of relocation information related to the Town of Cobourg and Northumberland County. This includes accommodation and restaurants lists. Our updated Relocation Guide can be viewed on our Community Profile page at investcobourg.ca.

For information, please call us on our toll free number at 1.888.764.6359 or econdev@cobourg.ca

nvestcobourg.ca

investcobourg.ca 40