prosperity scorecard for thunder bay, ontario

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February 8, 2009 Prosperity Scorecard for Thunder Bay, Ontario Ronnie Sanders and Patrick Adler Research Associates

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A prosperity scorecard for Thunder Bay, Ontario. Prepared by Ronnie Sanders and Patrick Adler of the Martin Prosperity Institute as part of TVOntario's AgendaCamp series on Ontario's changing economy.

TRANSCRIPT

Page 1: Prosperity Scorecard for Thunder Bay, Ontario

February 8, 2009

Prosperity Scorecard for

Thunder Bay, Ontario

Ronnie Sanders and Patrick Adler

Research Associates

Page 2: Prosperity Scorecard for Thunder Bay, Ontario

2

1. Summary Statistics

2. Overall Performance

3. Technology

4. Talent

5. Tolerance / Inclusiveness

6. Territorial Assets / Quality of

Place

Outline / Approach

Page 3: Prosperity Scorecard for Thunder Bay, Ontario

3

Benchmark Peers

Page 4: Prosperity Scorecard for Thunder Bay, Ontario

Peer Selection

14 peer states/

provinces for

Ontario based on

population.

10 cities/regions

selected with

populations

approximately the

same as Thunder

Bay.

• Battle Creek, MI

• Bloomington, IL

• College Station, TX

• Kelowna, BC

• Mount Vernon, WA

• Rocky Mount, NC

• Sherbrooke, QC

• State College, PA

• Trois-Rivieres, QC

4

Page 5: Prosperity Scorecard for Thunder Bay, Ontario

5

Summary Statistics

Page 6: Prosperity Scorecard for Thunder Bay, Ontario

Summary Statistics

6

Summary StatisticsPeer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Total Population, 2006 115,700 150,000 197,000 546,000

GDP (CAD millions) 2006 $5,000 $6,000 $9,000 $29,000

Median Age, 2006 25.7 36.6 43.8 37.5

Overall Cost of Living Index 92.5 104.3 131.4 101.5

Thunder Bay, ON123,000

$5,000

41.8

102.8

Page 7: Prosperity Scorecard for Thunder Bay, Ontario

Total Population

7

123,000

116,000

134,000

138,000

141,000

142,000

146,000

161,000

162,000

187,000

197,000

Mount Vernon, WA

Thunder Bay, ON

Dalton, GA

Battle Creek, MI

State College, PA

Trois-Rivières, QC

Rocky Mount, NC

Bloomington, IL

Kelowna, BC

Sherbrooke , QC

College Station, TX

Total PopulationThunder Bay, ON and Peer Regions, 2006

Source: Statistics Canada Catalogue no. 94-581-XCB2006004. US Census Bureau, American Community Survey. (2006).

Page 8: Prosperity Scorecard for Thunder Bay, Ontario

Total GDP (100,000 CA $)

8

$5,300

$5,300

$5,500

$5,500

$5,800

$6,500

$6,700

$6,700

$6,800

$7,200

$8,600

Trois-Rivières, QC

Thunder Bay, ON

Battle Creek, MI

Mount Vernon, WA

State College, PA

College Station, TX

Rocky Mount, NC

Dalton, GA

Kelowna, BC

Sherbrooke , QC

Bloomington, IL

GDP (CAD Millions)Thunder Bay, ON and Peer Regions, 2006

Source: MPI Analysis (2008) . Statistics Canada Catalogue no. 94-581-XCB2006004. Bureau of Economic Analysis, 2008 Survey. (2006).

Page 9: Prosperity Scorecard for Thunder Bay, Ontario

Median Age

9

25.7

29.3

31.0

33.8

37.3

37.8

38.2

40.2

41.8

43.4

43.8

College Station, TX

State College, PA

Bloomington, IL

Dalton, GA

Mount Vernon, WA

Battle Creek, MI

Rocky Mount, NC

Sherbrooke , QC

Thunder Bay, ON

Kelowna, BC

Trois-Rivières, QC

Median AgeThunder Bay, ON and Peer Regions, 2006

Source: Statistics Canada Catalogue no. 97-551-xcb2006012. U.S. Census Bureau, 2006 American Community Survey.

Page 10: Prosperity Scorecard for Thunder Bay, Ontario

Overall Cost of Living

10

92.52

94.46

96.23

96.56

100.28

100.45

100.45

0.00

103.77

127.86

131.39

102.79

College Station, TX

Kelowna, BC

Rocky Mount, NC

Battle Creek, MI

Mount Vernon, WA

State College, PA

Sherbrooke , QC

Thunder Bay, ON

Trois-Rivières, QC

Dalton, GA

Bloomington, IL

Overall Cost of Living IndexThunder Bay, ON and Peer Regions, 2006

Page 11: Prosperity Scorecard for Thunder Bay, Ontario

11

Overall Performance

Page 12: Prosperity Scorecard for Thunder Bay, Ontario

Overall Performance

12

Overall PerformanceThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average Population Growth (00-05) 0.8% 10 0% 5.8% 12.4% 5.7%

Job Growth (00-05) -3.4% 10 -3.6% 4.8% 19.9% 9.3%

GDP per capita, 2006 $43,000 6 $35,500 $45,000 $58,200 $45,000

Change in Average Wage (00-05) -2.4% 8 -11.2% -2.2% 3.7% 0.1%

Creativity Index 0.46 5 0.24 0.44 0.66 N/A

Page 13: Prosperity Scorecard for Thunder Bay, Ontario

Population Growth

13

Page 14: Prosperity Scorecard for Thunder Bay, Ontario

Job Growth

14

Page 15: Prosperity Scorecard for Thunder Bay, Ontario

GDP per Capita

15

Page 16: Prosperity Scorecard for Thunder Bay, Ontario

Change in Average Wage

16

Page 17: Prosperity Scorecard for Thunder Bay, Ontario

Creativity Index

17

Page 18: Prosperity Scorecard for Thunder Bay, Ontario

18

Technology

Page 19: Prosperity Scorecard for Thunder Bay, Ontario

Technology

19

TechnologyThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

AverageTotal Patents, 2005 2 11 2 18 42 517

Patents per 10,000, 2005 0.16 10 0.14 1.17 2.98 2.46

Patent Growth, Short Term (00-05) -3.3% 10 -4.5% 10.8% 56.7% -0.5%

North American High Tech LQ, 2006 0.51 6 0.22 0.58 1.54 0.63

North American Tech Pole Index 0.013 6 0.002 0.020 0.079 0.189

Page 20: Prosperity Scorecard for Thunder Bay, Ontario

Total Patents

20

Page 21: Prosperity Scorecard for Thunder Bay, Ontario

Patents per 10,000

21

Page 22: Prosperity Scorecard for Thunder Bay, Ontario

Patent Growth, Short-term

22

Page 23: Prosperity Scorecard for Thunder Bay, Ontario

North American High-Tech LQ

23

Page 24: Prosperity Scorecard for Thunder Bay, Ontario

North American Tech-Pole Index

24

Page 25: Prosperity Scorecard for Thunder Bay, Ontario

25

Talent

Page 26: Prosperity Scorecard for Thunder Bay, Ontario

Talent

26

TalentThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Creative Class as % of Workforce, 2006 26.9% 4 18.5% 24.9% 29.4% 26.1%

Super Creative Core as % of Workforce, 2006 14.7% 5 5.6% 11.9% 16.3% 11.0%

Pop > 25, Above High School below BA, 2006 58.2% N/A 51.7% 58.2% 65.5% 59.0%

Talent Index (Pop > 25, BA and above), 2006 13.0% 9 12.0% 21.4% 40.2% 21.7%

Pop > 25, Graduate and/or Professional Degree, 2006 3.5% 9 3.4% 7.8% 20.5% 7.5%

Brain Drain/Gain Index, 2006 0.63 6 0.00 0.69 1.28 N/A

Page 27: Prosperity Scorecard for Thunder Bay, Ontario

Creative Class

27

Page 28: Prosperity Scorecard for Thunder Bay, Ontario

Super Creative Core

28

Page 29: Prosperity Scorecard for Thunder Bay, Ontario

Above High School, Below BA

29

Page 30: Prosperity Scorecard for Thunder Bay, Ontario

Talent Index (BA and above)

30

Page 31: Prosperity Scorecard for Thunder Bay, Ontario

Graduate / Professional Degrees

31

Page 32: Prosperity Scorecard for Thunder Bay, Ontario

Brain Drain / Gain Index

32

Page 33: Prosperity Scorecard for Thunder Bay, Ontario

33

Tolerance / Inclusiveness

Page 34: Prosperity Scorecard for Thunder Bay, Ontario

Tolerance / Inclusiveness

34

ToleranceThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

AverageVisible Minorities (% Pop), 2006 2.7% 5 0.0% 5.2% 28.1% 11.1%

Mosaic Index (% Pop), 2006 10.3% 4 2.2% 7.9% 15.0% 7.9%

Gay and Lesbian Index, 2006 0.77 5 0.64 0.79 1.03 0.81

Bohemian Index, 2006 0.67 3 0.16 0.46 1.05 0.69

Integration Index, 2006 0.83 6 1 0.76 0.92 N/A

Page 35: Prosperity Scorecard for Thunder Bay, Ontario

Visible Minorities

35

Page 36: Prosperity Scorecard for Thunder Bay, Ontario

Mosaic Index

36

Page 37: Prosperity Scorecard for Thunder Bay, Ontario

Gay / Lesbian Index

37

Page 38: Prosperity Scorecard for Thunder Bay, Ontario

Bohemian Index

38

Page 39: Prosperity Scorecard for Thunder Bay, Ontario

Integration Index

39

Page 40: Prosperity Scorecard for Thunder Bay, Ontario

40

Territorial Assets / Quality of Place

Page 41: Prosperity Scorecard for Thunder Bay, Ontario

Territorial Assets / Quality of Place

41

Territorial AssetsThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Social and Cultural AssetsArts and Cultural Establishments per 10,000, 2006 1.95 3 0.22 1.36 2.22

Resturants and Bars per 1,000, 2006 1.83 7 1.46 1.90 2.40

Student/Teacher Ratio, 2006 14.50 4 13.58 15.83 22.17

Doctor's per 1,000, 2006 0.81 5 0.00 1.13 3.42

Civic AssetsFederal Voter Turnout (%), 2004/2006 62% 5 40% 59% 66%

Voilent and Property Crime per Capita, 2006 0.09 10 0.02 0.06 0.12

Housing and Transportation AssetsPopulation Density (KM2), 2006 48 9 25.34 71.67 160.76

Median Housing Value to Income  Ratio, 2005 2.42 1 2.42 3.51 7.14

Drivers per Other Modes, 2006 9.77 3 4.84 28.69 169.98

Page 42: Prosperity Scorecard for Thunder Bay, Ontario

Arts and Cultural Establishments per 10,000

42

Page 43: Prosperity Scorecard for Thunder Bay, Ontario

Restaurants and Bars per 1,000

43

Page 44: Prosperity Scorecard for Thunder Bay, Ontario

Student / Teacher Ratio

44

Page 45: Prosperity Scorecard for Thunder Bay, Ontario

Doctors per 1,000

45

Page 46: Prosperity Scorecard for Thunder Bay, Ontario

Federal Voter Turnout

46

Page 47: Prosperity Scorecard for Thunder Bay, Ontario

Crime (Violent + Property) per Capita

47

Page 48: Prosperity Scorecard for Thunder Bay, Ontario

Population Density (population per km^2)

48

Page 49: Prosperity Scorecard for Thunder Bay, Ontario

Median Housing Value to Income Ratio

49

Page 50: Prosperity Scorecard for Thunder Bay, Ontario

Drivers per Other Modes

50

Page 51: Prosperity Scorecard for Thunder Bay, Ontario

For More Information

51

Summary StatisticsPeer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Total Population, 2006 115,700 150,000 197,000 546,000

GDP (CAD millions) 2006 $5,000 $6,000 $9,000 $29,000

Median Age, 2006 25.7 36.6 43.8 37.5

Overall Cost of Living Index 92.5 104.3 131.4 101.5

Overall PerformanceThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Population Growth (00-05) 0.8% 10 0% 5.8% 12.4% 5.7%

Job Growth (00-05) -3.4% 10 -3.6% 4.8% 19.9% 9.3%

GDP per capita, 2006 $43,000 6 $35,500 $45,000 $58,200 $45,000

Change in Average Wage (00-05) -2.4% 8 -11.2% -2.2% 3.7% 0.1%

Creativity Index 0.46 5 0.24 0.44 0.66 N/A

TechnologyThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Total Patents, 2005 2 11 2 18 42 517

Patents per 10,000, 2005 0.16 10 0.14 1.17 2.98 2.46

Patent Growth, Short Term (00-05) -3.3% 10 -4.5% 10.8% 56.7% -0.5%

North American High Tech LQ, 2006 0.51 6 0.22 0.58 1.54 0.63

North American Tech Pole Index 0.013 6 0.002 0.020 0.079 0.189

TalentThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Creative Class as % of Workforce, 2006 26.9% 4 18.5% 24.9% 29.4% 26.1%

Super Creative Core as % of Workforce, 2006 14.7% 5 5.6% 11.9% 16.3% 11.0%

Pop > 25, Above High School below BA, 2006 58.2% N/A 51.7% 58.2% 65.5% 59.0%

Talent Index (Pop > 25, BA and above), 2006 13.0% 9 12.0% 21.4% 40.2% 21.7%

Pop > 25, Graduate and/or Professional Degree, 2006 3.5% 9 3.4% 7.8% 20.5% 7.5%

Brain Drain/Gain Index, 2006 0.63 6 0.00 0.69 1.28 N/A

ToleranceThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Provincial/State

Average

Visible Minorities (% Pop), 2006 2.7% 5 0.0% 5.2% 28.1% 11.1%

Mosaic Index (% Pop), 2006 10.3% 4 2.2% 7.9% 15.0% 7.9%

Gay and Lesbian Index, 2006 0.77 5 0.64 0.79 1.03 0.81

Bohemian Index, 2006 0.67 3 0.16 0.46 1.05 0.69

Integration Index, 2006 0.83 6 1 0.76 0.92 N/A

Territorial AssetsThunder

Bay, ON

Peer

Ranking

Peer

Minimum

Peer

Average

Peer

Maximum

Social and Cultural AssetsArts and Cultural Establishments per 10,000, 2006 1.95 3 0.22 1.36 2.22

Resturants and Bars per 1,000, 2006 1.83 7 1.46 1.90 2.40

Student/Teacher Ratio, 2006 14.50 4 13.58 15.83 22.17

Doctor's per 1,000, 2006 0.81 5 0.00 1.13 3.42

Civic AssetsFederal Voter Turnout (%), 2004/2006 62% 5 40% 59% 66%

Voilent and Property Crime per Capita, 2006 0.09 10 0.02 0.06 0.12

Housing and Transportation AssetsPopulation Density (KM2), 2006 48 9 25.34 71.67 160.76

Median Housing Value to Income Ratio, 2005 2.42 1 2.42 3.51 7.14

Drivers per Other Modes, 2006 9.77 3 4.84 28.69 169.98

Thunder Bay, ON123,000

$5,000

41.8

102.8

Page 52: Prosperity Scorecard for Thunder Bay, Ontario

For More Information

• Richard Florida’s books–“The Rise of the Creative Class”

–“The Flight of the Creative Class”

–“Who’s Your City?”

• martinprosperity.org

• creativeclass.com

52

Page 53: Prosperity Scorecard for Thunder Bay, Ontario

Thank You

Ronnie Sanders

[email protected]

Patrick Adler

[email protected]