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In December 2015, the Canadian Business Journal published an extended economic profile of Winnipeg. Take a look at why Winnipeg is increasingly finding its way onto the radar of some of the world's most savvy investors.
This is a five-year plan offering a series of objectives and associated actions built to further the principal municipal planning document (OurWinnipeg) through three primary themes: business and industrial opportunities, social and community development and emerging technologies.
Winnipeg has one of the most diverse economies of any major city in Canada. Winnipeg’s aerospace, finance and insurance, transportation, agribusiness, information technology, furniture and apparel industries provide a solid economic base that serves the community well. Overall, Winnipeg’s diverse economy provides a stable workforce, low unemployment rate and a cushion against major fluctuations resulting from downturns in the economy.
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Winnipeg is one of only two Canadian cities with three Class 1 railways (CN, CP and BNSF).
Over 5,800 transportation and distribution establishments exist in Winnipeg, employing more than 45,000 people.
Winnipeg is the most cost-effective city for aerospace manufacturing in Western Canada and the U.S. Midwest (KPMG's Competitive Alternatives, 2016).