August 9, 2022

Living costs in Thunder Bay are a fraction of what they would be in Toronto or Vancouver.

The lower cost of living is what attracts many newcomers to Thunder Bay.

Thunder Bay is a large city with many attractions, although it is less expensive than Toronto or Vancouver. According to RE/MAX, Thunder Bay is one of Canada’s most affordable property markets.

affordable place to live in Canada
affordable place to live in Canada

Thunder Bay is the Northwest’s gateway, combining metropolis and small-town life. It focuses on accepting people from various backgrounds and celebrating cultures. It also has many First Nations and Indigenous communities.

Meet Marteena

Thunder Bay offers incredible amenities for a community of its size. It’s also one of the cleanest and greenest places in Canada. The city promotes a clean, green, beautiful, healthy city that offers economic opportunities, respects diversity, and has safe, affordable neighborhoods.

Thunder Bay offers a laidback, community-style lifestyle with an emphasis on family and balance. The area is popular for sailing, skiing, hiking, and being outdoors.

In recent years, Thunder Bay has focused on accepting diversity and new immigrants. Three YouTube films of immigrants and their thoughts on migrating to Thunder Bay are a wonderful resource for learning immigrant life in Thunder Bay.

Traditional Sectors in natural resources industries

Traditional sectors in natural resource industries and manufacturing are successfully blending with new and evolving knowledge, education, and healthcare sectors, creating a balanced and diversified local economy.

Meet Harpreet

There is a world of employment possibilities to be discovered outside of the big cities. The rewarding careers, skilled trade jobs, superior nature, and lower property prices attract people from big cities towards Thunder Bay.

Thunder Bay has a broad economy and a creative atmosphere. Thunder Bay has been altered by disruptive SMEs, universities, research institutes, an international populace, and industrial revitalization. Today, Thunder Bay is home to big-name manufacturers, local businesses, creative studios, and public sector leaders.

With an average commute time of 10 minutes, a lower cost of living and a growing economy, more workers are finding exciting careers in Thunder Bay. From electricians and plumbers, to accountants and healthcare professionals, well-paying employment opportunities are available in varied sectors. That’s why thander Bay is the most affordable place to live in Canada.

CEDC team

Our Thunder Bay CEDC team is available to help you identify new business opportunities, find the right property or land, recruit the best talent, access business incentives and get reliable local advice.

With competitive land and construction costs and zero development charges, Thunder Bay is an ideal location for expansion and new construction. The city has a large amount of land zoned for new development, offering commercial, industrial, and aviation space at a low cost. Our downtown urban areas also offer mixed-use and commercial property for new and existing businesses. We also provide construction sites to small and medium-sized developers on a regular basis.

Meet Denfeild

Many well-known and profitable businesses are available for purchase from existing owners who are ready to retire and are looking for the right person to take over.

Buying a business has a number of advantages over starting a business from scratch. Buyers enjoy an established client base, steady cash flow, a proven track record, existing senior management, current processes, and a record of past business profitability. The risks of buying a business are much lower than the risks of starting a new business.

The Business Immigration and Investor Program allows a qualified applicant to enter Canada as a Permanent Resident (PR) by purchasing or investing in a qualified Canadian business.

With no development charges, and affordable cost of land, Thunder Bay offers prime real estate for development.

August 9, 2022

Alberta invites 120 Express Entry candidates and BC targets tech occupations.

Alberta and British Columbia released Provincial Nominee Program (PNP) draw results this week.

Most Canadian provinces and territories (with the exception of Quebec and Nunavut) operate their own PNPs. Through these programs, interested candidates may be invited to apply for a provincial nomination.

Following its launch in 1998, the PNP welcomed only 400 immigrants, but due to its success, it now welcomes more than 80,000 per year. The increase in the number of PNP admissions in Canada is due to the fact that the federal and provincial governments consider it an effective tool to promote the economic development of the country.

Express Entry draws are held every two weeks. After a long pause, Immigration, Refugees and Citizenship Canada (IRCC) is now once again holding all-program Express Entry draws. The first all-program draw since 2020 was held on July 6, and a total of 1,500 Express Entry candidates with a minimum Comprehensive Ranking System (CRS) score of 557 received invitations to apply (ITA) for permanent residence. The most recent Express Entry draw was held on August 3 with 2,000 invitations issued and a minimum CRS of 533.

PNP draw results from July 29 -August 4


The Alberta Advantage Immigration Program (AAIP) issued 120 invitations to apply for provincial nomination through the Alberta Express Entry Stream on July 29. Candidates required a minimum CRS score of 473, an increase over the last draw on June 16, where the minimum CRS score was 300.

Although provincial nomination is not in itself the same as a permanent residence, it can significantly increase the chances of obtaining permanent resident status.

For instance, PNP candidates with Express Entry profiles who receive a nomination get 600 points added to their CRS score. In this instance, those who have received provincial nomination from Alberta will now have a minimum overall CRS of 1073, making it highly likely they will receive an ITA from IRCC.

To be eligible for provincial nomination through Alberta’s Express Entry stream, candidates must already be in the Express Entry pool and be able to demonstrate strong ties to Alberta such as a family member already living in Alberta, or a job offer. They must also intend to move there permanently.