London, Ontario, Canada

Economy

๐Ÿ‡จ๐Ÿ‡ฆ London is a city in south-western Ontario, Canada, along the Quebec Cityโ€“Windsor Corridor. London is at the confluence of the Thames River, approximately 200ย km (120ย mi) from both Toronto and Detroit; and about 230ย km (140ย mi) from Buffalo, New York. The city of London is politically separate from Middlesex County, though it remains the county seat.

London and the Thames were named in 1793 by John Graves Simcoe, who proposed the site for the capital city of Upper Canada. The first European settlement was between 1801 and 1804 by Peter Hagerman. The village was founded in 1826 and incorporated in 1855. Since then, London has grown to be the largest south-western Ontario municipality and Canada's 11th largest metropolitan area, having annexed many of the smaller communities that surround it.

London is a regional centre of healthcare and education, being home to the University of Western Ontario (which brands itself "Western University"), Fanshawe College, and three major hospitals: Victoria Hospital, University Hospital and St. Josephโ€™s Hospital. The city hosts a number of musical and artistic exhibits and festivals, which contribute to its tourism industry, but its economic activity is centred on education, medical research, insurance, and information technology. London's university and hospitals are among its top ten employers. London lies at the junction of highways 401 and 402, connecting it to Toronto, Windsor, and Sarnia. These highways also make the Detroit-Windsor, Port Huron-Sarnia, and Niagara Falls border crossings with the United States easily accessible. The city also has an international airport, train stations and bus stations.

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Economy London's economy is dominated by medical research, insurance, manufacturing, and information technology. Much of the life sciences and biotechnology-related research is conducted or supported by the University of Western Ontario, which adds about C$1.5 billion to the London economy annually.

Since the economic crisis of 2009, which gutted many of London's manufacturing jobs, the city has transitioned to become a technology hub with a focus on the Digital Creative sector. As of 2016, London is home to 300 technology companies that employ 3% of the city's labour force. Many of these companies have moved into former factories and industrial spaces in and around the downtown core, and have renovated them as modern offices. For example, Info-Tech Research Group's London office is in a hosiery factory, and Arcane Digital moved into a 1930s industrial building in 2015. The Historic London Roundhouse, a steam locomotive repair shop built in 1887, is now home to Royal LePage Triland Realty, rTraction and more. Its redesign, which opened in 2015, won the 2015 Paul Oberman Award for Adaptive Re-Use from the Architectural Conservancy of Ontario. London is also home to Diply, video game companies Big Viking Games, Big Blue Bubble and Digital Extremes, and Voices.com, which provides voiceover artists a platform to advertise and sell their services to those looking for voiceover work. Other local tech companies include HRDownloads, Mobials, Race Roster and Zomaron.

The largest employer in London is the London Health Sciences Centre. The headquarters of the Canadian division of 3M are in London. The London Life Insurance Company was founded there, as was Imperial Oil, GoodLife Fitness, and both the Labatt and Carling breweries. The Libro Financial Group was founded in London 1951 and is the second largest credit union in Ontario and employs over 550 people. Canada Trust was also founded in London in 1864.

General Dynamics Land Systems (GDLS) builds armoured personnel carriers in the city. GDLS has a 14-year $15-billion deal to supply light armoured vehicles to Saudi Arabia. There are 2,400 workers at GDLS Canada.

McCormick Canada, formerly Club House Foods, was founded in 1883 and currently employs more than 600 Londoners.

London's fledgling city centre mall was first opened in 1960 as Wellington Square with 400,000 sq. ft. of leasable area, with Eaton's and Woolworths as anchors. From 1986 to 1989, Campeau expanded Wellington Square into Galleria London with 1,000,000 sq. ft. of leasable area and 200 stores including The Bay and Eaton's. However the early 1990s recession, following by the bankruptcy of Eaton's in 1999 and then the departure of The Bay in 2000 resulted in only 20 stores left by 2001. Galleria London then begun seeking non-retail tenants, becoming the home for London's central library branch, and satellite campuses for both Fanshawe College and Western University. The complex was purchased and renamed to Citi Plaza by Citigroup in 2009. Citi Plaza has been redeveloped as a mixed use complex that blends retail, office, businesses, and education providers. Alongside Citi Cards Canada's offices, in November 2016, CBC announced plans to move its expanded operations into the building.

A portion of the city's population work in factories outside of the city limits, including the General Motors automotive plant CAMI, and a Toyota plant in Woodstock. A Ford plant in Talbotville became one of the casualties of the economic crisis in 2011.

On 11 December 2009, Minister of State Gary Goodyear announced a new $11-million cargo terminal at the London International Airport.

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London, Ontario, Canada 
<b>London, Ontario, Canada</b>
Image: Adam Colvin

London has a population of over 383,822 people. London also forms the centre of the wider London metropolitan area which has a population of over 494,069 people. London is the #257 hipster city in the world, with a hipster score of 3.0177 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. London is ranked #503 for startups with a score of 0.366.

To set up a UBI Lab for London see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns - Sister Cities London has links with:

๐Ÿ‡ณ๐Ÿ‡ฑ Deventer, Netherlands
Text Atribution: Wikipedia Text under CC-BY-SA license | Hipster Index | StartupBlink

  • George William King |

    ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ ๐Ÿ‡จ๐Ÿ‡ฆ Architect George William King is associated with London. He was elected a Licentiate of the Royal Institute of British Architects (LRIBA) in 1911.

Antipodal to London is: 98.754,-42.987

Locations Near: London -81.2462,42.9869

๐Ÿ‡จ๐Ÿ‡ฆ Stratford -80.967,43.367 d: 47.9  

๐Ÿ‡จ๐Ÿ‡ฆ Woodstock -80.733,43.117 d: 44.1  

๐Ÿ‡จ๐Ÿ‡ฆ Waterloo -80.517,43.467 d: 79.6  

๐Ÿ‡จ๐Ÿ‡ฆ Goderich -81.7,43.733 d: 90.7  

๐Ÿ‡จ๐Ÿ‡ฆ Kitchener -80.493,43.451 d: 79.9  

๐Ÿ‡จ๐Ÿ‡ฆ Paris -80.383,43.2 d: 74  

๐Ÿ‡จ๐Ÿ‡ฆ Simcoe -80.3,42.833 d: 78.9  

๐Ÿ‡จ๐Ÿ‡ฆ Brantford -80.262,43.141 d: 81.8  

๐Ÿ‡จ๐Ÿ‡ฆ Cambridge -80.315,43.361 d: 86.2  

๐Ÿ‡จ๐Ÿ‡ฆ Sarnia -82.317,42.967 d: 87.1  

Antipodal to: London 98.754,-42.987

๐Ÿ‡ฆ๐Ÿ‡บ Bunbury 115.637,-33.327 d: 18195.2  

๐Ÿ‡ฆ๐Ÿ‡บ Mandurah 115.721,-32.529 d: 18130  

๐Ÿ‡ฆ๐Ÿ‡บ Rockingham 115.717,-32.267 d: 18110.3  

๐Ÿ‡ฆ๐Ÿ‡บ City of Cockburn 115.833,-32.167 d: 18094.7  

๐Ÿ‡ฆ๐Ÿ‡บ Vincent 115.834,-31.936 d: 18076.8  

๐Ÿ‡ฆ๐Ÿ‡บ Perth 115.857,-31.953 d: 18076.6  

๐Ÿ‡ฆ๐Ÿ‡บ Cannington 115.934,-32.017 d: 18076.3  

๐Ÿ‡ฆ๐Ÿ‡บ Wanneroo 115.803,-31.747 d: 18064.2  

๐Ÿ‡ฆ๐Ÿ‡บ Guildford 115.973,-31.9 d: 18064.6  

๐Ÿ‡ฆ๐Ÿ‡บ Midland 116.01,-31.888 d: 18061.2  

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