Half of Canada’s manufacturing takes place in the Innovation Corridor, but congestion obstructs just-in-time production and the distribution of finished goods.
To address this problem, the Board has put together a series of reports that explore what infrastructure investments can best address the Region’s movement of goods. This report is the third of that series.
This report digs deeper into the economic impacts of congestion in the Toronto-Waterloo corridor. It breaks down these impacts into three categories.
First, there are the costs associated with having more equipment, staff and fuel to account for congestion. Second, in areas with poor land use planning, there are the investments needed to harmonize manufacturing with nearby residential areas. Third, businesses often have to maintain increased stock to manage risk associated with congestion.