Labour Costs

Cost of Labour

Thunder Bay has a lower cost of labour when compared to many communities in Canada and the US. Being located within Ontario, Thunder Bay also benefits from lower healthcare costs than their US counterparts. Both of these advantages allow businesses in Thunder Bay be more cost effective and competitive. The average cost of labour in Thunder Bay is 7.79% lower than the Canadian average.

Average Wages, Salaries, and Commissions by Industry NAICS
 Industry Canada Ontario Thunder Bay
11 Agriculture, forestry, fishing and hunting  $33,597.00  $30,267.00  $44,154.00
21 Mining, quarrying, and oil and gas extraction  $115,799.00  $98,784.00  $90,879.00
22 Utilities  $95,832.00  $97,214.00  $93,820.00
23 Construction  $54,342.00  $52,791.00  $55,338.00
31-33 Manufacturing  $57,279.00  $59,678.00  $59,903.00
41 Wholesale trade  $65,833.00  $68,678.00  $54,495.00
44-45 Retail trade  $31,919.00  $32,572.00  $27,827.00
48-49 Transportation and warehousing  $52,249.00  $48,278.00  $52,511.00
51 Information and cultural industries  $62,081.00  $66,873.00  $48,427.00
52 Finance and insurance  $83,375.00  $94,452.00  $62,815.00
53 Real estate and rental and leasing  $54,253.00  $57,255.00  $39,346.00
54 Professional, scientific and technical services  $65,141.00  $67,417.00  $51,989.00
55 Management of companies and enterprises  $113,276.00  $112,492.00  
56 Administrative and support, waste management and remediation services  $33,023.00  $33,334.00  $29,504.00
61 Educational services  $50,799.00  $52,882.00  $52,925.00
62 Health care and social assistance  $46,812.00  $49,019.00  $49,124.00
71 Arts, entertainment and recreation  $27,175.00  $27,330.00  $24,486.00
72 Accommodation and food services  $19,967.00  $19,522.00  $18,167.00
81 Other services (except public administration)  $37,744.00  $38,361.00  $36,783.00
91 Public administration  $64,444.00  $68,098.00  $58,600.00
Total - Industry - North American Industry Classification System (NAICS)  $50,306.00  $52,139.00  $46,385.00

Source: Statistics Canada - 2016 Census. Catalogue Number 98-400-X2016364.

Comparison of Labour Costs for Selected Jurisdictions
Jurisdictions Salaries & Wages Benefits Total Labour
    Statutory Plans Other Benefits  
  Average/Employee
(US$)1.
Percent of Payroll Percent of Payroll Average/Employee
(US$)1.
North Bay, ON 61,066 8.2 27.0 82,536
Sault Ste. Marie 61,428 8.1 27.0 83,000
Sudbury 61,844 8.1 27.0 83,561
Thunder Bay, ON 61,969 8.1 27.0 83,706
Montreal, QC 61,737 11.2 25.8 84,547
Toronto, ON 64,463 7.9 27.0 86,983
Cedar Rapids, IA 60,725 9.0 34.3 87,060
Saginaw, MI 63,464 8.8 38.5 93,516
Minneapolis, MN 66,788 10.4 34.3 96,675

Source: Comparison of Business Costs for Northern Ontario Cities, MMK Consulting 2014

Healthcare

Hospital staff outside of Emergency Dept.One area in which Canadian companies are much more competitive than their US counterparts is healthcare. Ontario has a universal healthcare system, which means that average employer health costs per year for companies based in Ontario are 1/3 of the cost of the US average. (Source: MMK Consulting, 2016).

 

 

 

Labour Force By Industry

Workers colaborating in officeThunder Bay has a labour force of approximately 60,000 workers. This chart explains the breakdown of labour force by industry.

Thunder Bay's key sectors of Manufacturing, Health Sciences, Forestry, Mining, Transportation, and Education are reinforced with larger labour pools.

Number of Business Locations by Industry 2017
NAICS 2012 Total
31-33 Manufacturing 177
  311 & 312 - Food, Beverage and Tobacco  25
  311 - Food manufacturing 22
  312 - Beverage and tobacco product manufacturing 3
  313 - Textile mills 1
  314 - Textile product mills 3
  315 - Clothing manufacturing 1
  316 - Leather and allied product manufacturing 2
  321 - Wood product manufacturing 23
  322 - Paper manufacturing 3
  323 - Printing and related support activities 12
  324 - Petroleum and coal products manufacturing 2
  325 - Chemical manufacturing 6
  326 - Plastics and rubber products manufacturing 8
  327 - Non-metallic mineral product manufacturing 8
  331 - Primary metal manufacturing 1
  332 - Fabricated metal product manufacturing 21
  333 - Machinery manufacturing 12
  334 - Computer and electronic product manufacturing 7
  335 - Electrical equipment, appliance and component manufacturing           3
  336 - Transportation equipment manufacturing 9
  337 - Furniture and related product manufacturing 6
  339 - Miscellaneous manufacturing 24

Source: Stats Canada

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