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Business
Business ~ Economic Indicators
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Notes:

  • In 1998, the Ministry of Revenue drastically changed the tax structure in the province resulting in higher assessed value for all property
  • The population projections between the Census Years (1996, 2001) assume a straight-line growth rate of 1% each year. Each Census year represents a new benchmark and the straight-line growth rate (1%) is applied to that benchmark. The growth rate is determined by taking the total number of new housing units and multiplying it by an average person per unit rate of 2.5.

Indicators 2006 2005 2004 2003 2002 2001
Population 30,461 31,026 30,630 30,408 29,972 29,676
Number of New Businesses 35 36 58 37 30 41
City-owned Industrial Land Sales (acres) 40 0.0 2.1 2.6 34.8 14.2
Value of Land Sales
($ Cdn)
1,520,000 0 99,500 129,100 1,102,870 284,000
Value of Construction Activity
($000's Cdn)
34,511 47,844 28,594 42,816 39,592 36,508
Housing Starts 172 146 88 187 119 189
Unemployment Rate
Local (%)
4.8 4.2 4.5 5.8 4.7 4
New Industrial Space Constructed (sq. ft.) 55,584 62,819 65,080 24,960 216,000 14,568
New Commercial Space Constructed (sq. ft.) 9,705 36,506 333 25,820 27,000 0
Total City Assessment ($000's Cdn) 2,380,028 2,086,788 1,933,858 1,855,725 1,761,547 1,727,377
Commercial/Indsutrial Assessment ($000's Cdn) 367,822 342,573 327,987 327,729 309,455 299,134
Residential Assessment ($000's Cdn) 1,895,286 1,644,993 1,605,871 1,527,996 1,444,730 1,428,243
Rate of Assessment Growth (%) 14.05 7.91 4.20 5.30 2.00 5.75
Retail Sales ($000's Cdn) 548,050 304,407 292,160 278,660 265,119 206,217
Festival Theatre Revenue ($000's Cdn) 41,070 34,122 33,538 34,357 30,225 30,127
Festival Theatre Annual Budget ($000's Cdn) 52,980 52,075 51,900 45,923 41,538 40,820
Local Revenue from Tourism ($000's Cdn) 132,600 132,612 128,750 125,000 116,000 112,551
Festival Theatre Attendance (tickets sold) 550,000 539,397 568,715 607,356 672,924 614,226

Click here to review Statistics Canada Results for Stratford

City of Stratford
P.O. Box 818, Stratford Ontario N5A 6W1
General Inquiries: 519-271-0250 TTY: 519-271-5241
© THE CORPORATION OF THE CITY OF STRATFORD 2012