Invest in Smiths Falls

Why Smiths Falls?

We offer a strong support system for businesses, whether start-up, midsize or established enterprises. We’re working hard to make sure we have the tools you need to establish your business, and have it prosper.

LOWER BUSINESS COSTS

It costs less to operate a business in Smiths Falls. IN the KNOW magazine listed Smiths Falls as having the second lowest business costs in the world. How do we do this? We work with economic development strategies that maximize efficiencies in our infrastructure, we have low water hook-up fees, plus we have a stock of investor-ready industrial space, at an affordable price. Open your business here, for less.

TRANSPORTATION HUB

Smiths Falls sits at the center of a transportation hub for vehicular, rail, water, and aerial traffic. We are:

A destination and route for passenger and freight train lines.VIA Rail provides daily passenger service to and from Ottawa and Kingston, while the CNR and CPR freight trains also pass directly through Smiths Falls.
A conduit for water traffic.The Rideau Canal runs through the center of Smiths Falls and offers a water-based mode of transportation.
A flight destination for aerial traffic.The Russ Beach Smiths Falls-Montague Airport is located just outside of Smiths Falls, and can accommodate small passenger planes and air delivery services.

City	Airport	KM	MILES
Ottawa	Ottawa International Airport	66	41
Kingston	Norman Rogers Airport	100	62
Montreal	Pierre Elliot Trudeau International Airport Mirabel International Airport	228 230	141 129
Toronto	Billy Bishop International Airport Lester B. Pearson International Airport	353 357	219 221
Syracuse, NY	Hancock International Airport	231	143

ACCESS TO URBAN CENTRES

The town of Smiths Falls is only a short drive to Carleton Place, and from there it’s a straight shoot to the City of Ottawa on a major four-lane highway. The city of Kingston is 1.5 hours away, and Brockville is 45 minutes. VIA Rail runs right through the town of Smiths Falls, and will take you to Ottawa, Kingston, Toronto, and beyond.

Location	KM	MILES
Ottawa	78	48
Perth	19	11
Carleton Place	29	18
Brockville	51	31
Kingston	96	59
Toronto	343	213
Montreal	250	155

UPDATED INFRASTRUCTURE

Over the past several years, Smiths Falls has invested more than $50 million into municipal infrastructure, including a new hospital, new arena, and updates to water treatment and sewer plant. Most recently our main street through town went under a major redevelopment, now complete with brand new infrastructure to accommodate the rapid growth we are experiencing. With this strong commitment to creating sustainable infrastructure, Smiths Falls is well positioned for continued growth.

DIVERSIFIED ECONOMIC BASE

Smiths Falls is committed to fostering a strong, diverse community that will attract investors and entrepreneurs. Our comprehensive Economic Development strategy is focused on working with innovative entrepreneurs in industries like food processing, manufacturing, pharmaceuticals, emerging technologies, and Tourism which is one of our largest generators of local GDP.

IN-PERSON COMMUNICATION

We offer in-person communication with prospective investors. This means less time spent navigating municipal regulations and the opportunity for sit-down, face to face engagement. Contact us today to learn more about all the reasons why Smiths Falls is where you want your business to call home.

ECONOMY OVERVIEW

Statistics Canada Census, 2021	Smiths Falls	Ontario
Population 2021	9,254	14,223,942
Population Percentage Change 2016 to 2021	5.4	5.8
Population Density/Sq.km.	958.1	15.9
Land Area in square kilometers	9.66	892,441.76
Average age of population 2021	45.4	41.8
Median age of population 2021	47.2	41.6
Average household income	72,100	116,000
Average Full Year, Full Time Worker income	57,100	82,400
(Source: Statistics Canada Census, 2021)

Previous Census Comparisons
Statistics Canada Census, 2016	Smiths Falls	Ontario
Population 2016	8,780	13,448,494
Population Percentage Change 2011 - 2016	-2.2	4.6
Population Density/Sq.km.	909.1	14.8
Land Area in square kilometers	9.66	908,699.33
Average age of Population 2016	44.7	41.0
Median age of population 2016	48.1	40.6
Average household income	57,432	97,856
Average Full Year, Full Time Worker income	48,350	68,628
(Source: Statistics Canada Census, 2016)

View ourInvestor Profile - 2021

For more information on investment and development opportunities in the Town of Smiths please contact the Manager of Economic Development and Tourism, Julia Crowder at 613-283-4124 x 11007 or by email at jcrowder@smithsfalls.ca