Ottawa Business Plan Writers

Located in the heart of Eastern Ontario, the nation’s capital is regarded as a city that is prosperous, but affordable, and safe, yet easy to get around. It’s even been coined, “The Goldilocks of cities: not too big, not too small.” Ottawa’s balance of an affordable cost of living and a strong, stable economy makes it a desirable place to operate your business.

For two years in a row, 2016 and 2017, MoneySense ranked Ottawa number one on Best Places to Live in Canada survey, citing high wealth & income, health accessibility, and transit-friendly among the top three features out of 10 categories. These are considerable factors when you’re looking into where you should launch and grow your business.

It’s not just a federal government town either. The Expert Market team ranks Ottawa number one as the Top Canadian Tech Hub to Live and Work In, with a heavy nod in tech diversity, average salary for tech roles and cost of living. Positioned as a global leader in telecommunications technology, Ottawa is one of the strongest and most diverse tech hubs in North America, with the highest concentration of tech talent in Canada with more than 1,900 technology companies.

According to the City of Ottawa, both government and tech sectors offer high-paying jobs for knowledge workers in a relatively stable environment and account for 37% of Ottawa’s total gross domestic product (GDP).

Technology aside, Ottawa is the biggest contributor to Canada’s other key industries, which include: tourism, manufacturing, construction, health care, and public service. It also benefits from a vital rural economy, which contributes over $1 billion to the GDP.

With the second highest concentration of scientists and engineers in North America, Ottawa is a recognized source of innovation and creativity that has produced industry-leading breakthroughs that advance global competitiveness. Harley Finkelstein, Chief Operating Officer, Shopify, told InvestOttawa.ca, “There really is an entrepreneurial and startup renaissance happening in Ottawa. And it’s evidenced by the amount of incubation, the angel investors and number of engineers that are in town.”

Ottawa’s proximity to North American markets provides your company easy access to major clients and consumers—particularly because it’s situated less than two hours away by air from major North American markets including: Toronto, Montreal, New York City, Boston and Chicago, as well as direct flights to major hubs in Europe, such as London and Frankfurt.

Ottawa is also considered one of the top 10 cities as the Best Place for New Canadians. It’s a welcome blend of cultures and nationalities and one in five people speaks a language other than French or English. As a result, Ottawa has the highest sense of belonging among major Canadian cities.