Economy

North Bay’s diverse local economy is supported by vibrant business and industry sectors. With a strong balanced mix of industrial, commercial, and institutional (ICI) operations, North Bay continues to grow by encouraging local expansions and by attracting new compatible companies.

Our industrial firms experience a high level of success because they have a diversified offering, produce highly engineered, high margin, low volume products for a global market.

The diversified economy is comprised of the following priority sectors: advanced manufacturing, aviation and aerospace, education, health sciences, information communication technology, and mining supply and service. Other key sectors include construction, film and television, forestry, public administration, trade and commerce, transportation and tourism. The available skilled workforce, often educated at the local post-secondary institutions, is experienced and highly regarded.

Please visit investinnorthbay.ca to view our industrial video, and a number of other videos. 

North Bay is home to Nipissing University and Canadore College, which together enroll approximately 9,000 full-time students each year.

North Bay is the site of the Canadian Forces Base (CFB) 22 Wing. It is a North American Aerospace Defense Command (NORAD) Control Centre.

The Invest North Bay Development Corporation works with the City, investors and private sector partners, as appropriate, to maximize the value of current and future City owned assets with the focus of growing and developing the City.  It acts as a catalyst for operational excellence as well as advises, informs and makes recommendations to the City, as owner, on matters and opportunities pertaining to the operations of the Invest North Bay and affiliated subsidiaries.