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10 2017-2018 INVESTOR DIRECTORY Statistics Canada, 2016 Hydro-Quebec, 2017 Average commute times (in minutes) Average utility cost (cents/kWh) 0 3 6 9 12 15 0 5 10 15 20 25 30 35 Toronto 34.0 Vancouver 29.7 Calgary 26.5 Winnipeg 24.0 Toronto 14.14 Vancouver 8.11 Calgary 6.47 Winnipeg 5.56 Once here, the immigrant retention rate in Manitoba is over 80 per cent. When it comes to access to talent, Winnipeg has the people, relationships, and linguistic capability to help businesses compete globally. Another business advantage of Winnipeg's labour market is its long-term career viability. The province's workforce was the third youngest by median age in the country thanks to an influx of international immigration and a young Indigenous workforce. That population increase shows no sign of slowing down as Manitoba's population is forecasted to grow at a rate of 15 per cent - the second best among all Canadian provinces. Companies looking for employees know that they have access to a reliable stream of young talent for decades. Employers looking at Winnipeg as a talent hub are increasingly seeing how well-connected the city is to global markets. With new technology applications such as remote work and strong fibre-optic data connections, companies can be based anywhere in the world and still collaborate closely between offices, while serving a global customer base. Companies wanting to do business in China, India, Brazil, or any other country worldwide can now look at cities such as Winnipeg as a base for their business. A supportive business community Our city's geographic isolation from other large centres meant the city has had to develop self-reliance and take matters into its own hands to grow its private industry, culture, and economic potential. Now, these investments, resiliency, and business culture are starting to yield dividends, leveraged by a business community that works together like few others anywhere else in the world. The spirit of community investment and support for the collective has been one of Winnipeg's historic strengths. Winnipeg is often referred to as a large city with a small town feel. That culture has created a tight-knit and mutually supportive business community, which has turned into a strategic advantage for the city. Today, the city's private sector works through YES! Winnipeg to compete for outside investment opportunities, creating a platform to compete against larger jurisdictions that have no ability to organize themselves to this degree. The small-town feel of Winnipeg has Tyler Walsh