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Based on key attributes, The Economic Development and Tourism Strategy has identified five key sectors that demonstrate the greatest potential for growth in Ajax:
Manufacturing
Durham Region has traditionally been a centre of manufacturing with strength in the automotive (i.e. General Motors in Oshawa), aerospace (i.e. Safran Landing Systems Canada Inc.) and automation (i.e. Siemens in Ajax) sectors. These industries have continued to thrive by developing and implementing sophisticated manufacturing methods and structures that allow them to better manufacture and deliver their products to market.
Business and Information Technology Services
Business and information technology services represent a significant business and labour force attraction and retention opportunity for the Town of Ajax.
Ajax has an excellent base for expansion of this sector and a strong regional economy to support businesses in the professional services sector. Continued population growth should also foster growth in several sub-sectors including legal services, accounting and tax preparation or services supporting local industries, like architectural, energy and engineering services.
Healthcare
The health care and services sector represents a significant business attraction and expansion opportunity for the Town of Ajax.Successful regional economies need the availability of high quality health care. Hospitals and related healthcare institutions are major employers with employees contributing to the local economy through wages and spending.
Tourism
Tourism is a sector that is quickly gaining momentum as Town of Ajax grows. As the population continues to increase, so too are tourism related products and services that cater to residents, businesses and visitors. To date, Ajax is proud to be home to a number of significant Tourism attractions that draw visitors into the Region on a regular basis.
Logistics and Warehousing
The Town has experienced considerable growth in several sub-sectors of importance to the wholesale trade and transportation wholesale trade industries. These include strong labour force growth in personal and household goods wholesalers/distributors and local job growth in machinery, equipment and supplies, motor vehicle parts and building material and supplies. The importance of strength in this sector is the advantage it provides to other sectors, especially manufacturing and retail trade.
Not only do these sectors represent key areas of focus both locally and provincially, they reflect emerging trends that are shaping industries of the future.
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