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A Brief Prosperity Profile of
Thunder Bay, Ontario

              Ronnie Sanders and Patrick Adler
                         Research Associates

February 8, 2009
Outline / Approach

         1. Present Benchmark Peers
         2. Describe Selected Measures
            a. Some “Lagging”
            b. Some “Leading”
         3. Get Your Thinking
            Where does Thunder Bay
               rank?
         4. Discussion

2
Benchmark Peers




3
Peer Selection

                          Battle Creek, MI
                        •
    14 peer states/
                        • Bloomington, IL
    provinces for
                        • College Station, TX
    Ontario based on
                        • Kelowna, BC
    population.
                        • Mount Vernon, WA
                        • Rocky Mount, NC
    10 cities/regions
                        • Sherbrooke, QC
    selected with
                        • State College, PA
    populations
                        • Trois-Rivieres, QC
    approximately the
    same as Thunder
    Bay.
4
Technology




5
Technology
             “A high technology base is both a
             necessary condition for and a result
             of a region having a strong creative
             economy.

             Being known as a quot;high-techquot; region
             helps to attract the creative
             workforce, which, in turn, generates
             new technologies making the region
             even more high-tech.”
Technology

        “Tech Pole” Index (based on Milken Institute)
    •
        – Share of total US/Canada “high technology”
        – Regional concentration of “high tech” among all industries


        Combination allows smaller, tech-intensive
    •
        regions to score well

        US & Canada, based on total employment
    •




7
Tech-Pole Index: Where does Thunder Bay
    rank?

        Ranking out of 11 (Thunder Bay + 10 peers)
    •


        Peer Average: 0.021
    •
        Lowest peer score: 0.002 (Battle Creek, MI)
    •
        Highest peer score: 0.079 (State College, PA)
    •




    • Where           does Thunder Bay
    rank?
        –Top 3?
        –Bottom 3?
        –Middle 5?
8
Tech-Pole Index: Thunder Bay “Middle                                      5”
                        North American Tech Pole Index
                      Toronto, ON and Peer Regions, 2006

     State College, PA                                                0.079

      Sherbrooke , QC                                         0.035

          Kelowna, BC                                 0.030

     Rocky Mount, NC                          0.018

    College Station, TX                      0.018

     Thunder Bay, ON                      0.013

     Trois-Rivières, QC              0.012

       Bloomington, IL            0.008

    Mount Vernon, WA       0.004

            Dalton, GA    0.002

       Battle Creek, MI   0.002




9
Talent




10
Talent
         “The concentration of people in the
         Creative and Super Creative Classes,
         has a stronger relationship with
         economic growth.

         Creative people don't just cluster
         where the jobs are. They cluster in
         places that are centers of creativity
         and also where they like to live.

         Places need a people climate -- or a
         creativity climate -- as well as a
         business climate.”
Talent

         “BA and above”
     •


      Percent of population 25 and older with a
     •
     bachelor’s (4-year) university degree or higher
     (masters, graduate, PhD)




12
Talent Index: Where does Thunder Bay rank?

         Ranking out of 11 (Thunder Bay + 10 peers)
     •


         Peer Average: 22.2%
     •
         Lowest peer score: 12.0% (Dalton, GA)
     •
         Highest peer score: 40.2% (State College, PA)
     •




     • Where          does Thunder Bay
     rank?
         –Top 3?
         –Bottom 3?
         –Middle 5?
13
Talent Index: Thunder Bay “Bottom                                    3”
                      Talent Index (Pop > 25, BA and above)
                     Thunder Bay, ON and Peer Regions, 2006

       State College, PA                                          40.2%

         Bloomington, IL                                          39.8%

     College Station, TX                                  31.2%

      Mount Vernon, WA                            21.0%

        Battle Creek, MI                       19.1%

       Sherbrooke , QC                        18.1%

       Rocky Mount, NC                 14.9%

      Trois-Rivières, QC              14.0%

       Thunder Bay, ON              13.0%

           Kelowna, BC              12.4%

             Dalton, GA            12.0%




14
Talent

         Now, a “Creative Economy”
     •
         – Innovation, Thinking, Creativity
         “Paid to think”
     •
         – Everyone has the potential to be creative
         Percent of workforce in the “Creative Class”
     •
           T = Technology and R&D Innovation
           A = Arts and Culture
           P = Professional and Managerial
           E = Educating and Training




15
Creative Class: Where does Thunder Bay rank?

         Ranking out of 11 (Thunder Bay + 10 peers)
     •


         Peer Average: 25.4%
     •
         Lowest peer score: 18.5% (Dalton, GA)
     •
         Highest peer score: 32.8% (Sherbrooke, QC)
     •




     • Where          does Thunder Bay
     rank?
         –Top 3?
         –Bottom 3?
         –Middle 5?
16
Creative Class: Thunder Bay “Middle                                                 5”
                               Creative Class as % of Workforce
                            Thunder Bay, ON and Peer Regions, 2006

        Sherbrooke , QC                                                          29.4%

         Battle Creek, MI                                                     27.5%

         Bloomington, IL                                                  27.1%

       Thunder Bay, ON                                                    26.9%

      Trois-Rivières, QC                                                 26.8%

            Kelowna, BC                                                25.7%

      College Station, TX                                             24.9%

      Mount Vernon, WA                                          23.6%

       Rocky Mount, NC                                        22.3%

       State College, PA                                    21.2%

              Dalton, GA                            18.5%




17
Tolerance / Inclusiveness




18
Tolerance / Inclusiveness
                  “Diversity has become a politically
                  charged buzzword. To some it is an
                  ideal and rallying cry, to others a
                  Trojan-horse concept that has
                  brought us affirmative action and
                  other liberal abominations.

                  Creative Class people use the word
                  often, but not to press any political hot
                  buttons. Diversity is simply something
                  they value in all its manifestations.”
Tolerance / Inclusiveness

         Mosaic Index
     •


         Percent of population foreign born
     •


         Immigrants generate growth and are a sign or
     •
         regional “openness”




20
Mosaic Index: Where does Thunder Bay rank?

         Ranking out of 11 (Thunder Bay + 10 peers)
     •


         Peer Average: 8.1%
     •
         Lowest peer score: 2.2% (Trois-Rivieres, QC)
     •
         Highest peer score: 15.0% (Dalton, GA)
     •




     • Where          does Thunder Bay
     rank?
         –Top 3?
         –Bottom 3?
         –Middle 5?
21
Mosaic Index: Thunder Bay “Middle                                   5”
                             Mosaic Index (% Pop)
                     Thunder Bay, ON and Peer Regions, 2006
             Dalton, GA                                                 15.0%

           Kelowna, BC                                                 14.6%

     College Station, TX                                       10.9%

      Thunder Bay, ON                                       10.3%

     Mount Vernon, WA                                       10.1%

      State College, PA                              6.9%

       Sherbrooke , QC                        5.5%

        Bloomington, IL                    4.7%

      Rocky Mount, NC               3.4%

        Battle Creek, MI        3.1%

      Trois-Rivières, QC     2.2%




22
Population Growth




23
Population Growth

         Percent growth/decline in total population
     •


         Between 2001 and 2006
     •




24
Population Growth: Where does Thunder Bay
     rank?

         Ranking out of 11 (Thunder Bay + 10 peers)
     •


         Peer Average: 6.1%
     •
         Lowest peer score: 0.0% (Battle Creek, MI)
     •
         Highest peer score: 12.4% (Mount Vernon, WA)
     •




     • Where          does Thunder Bay
     rank?
         –Top 3?
         –Bottom 3?
         –Middle 5?
25
3”
     Population Growth: Thunder Bay “Bottom

                             Population Growth
                   Thunder Bay, ON and Peer Regions, (00-05)
     Mount Vernon, WA                                                       12.4%

             Dalton, GA                                                    12.0%

           Kelowna, BC                                              9.8%

        Bloomington, IL                                      7.2%

     College Station, TX                              6.4%

       Sherbrooke , QC                                6.3%

      State College, PA                        3.8%

      Trois-Rivières, QC                2.9%

      Rocky Mount, NC                2.3%

      Thunder Bay, ON         0.8%

        Battle Creek, MI   0.0%




26
Discussion /
     Summary



27
For More Information
                                                                                             Peer     Peer       Peer     Provincial/State
          Summary Statistics                                           Thunder Bay, ON     Minimum   Average   Maximum       Average
                                                                           123,000         115,700   150,000    197,000       546,000
                                           Total Population, 2006
                                                                           $5,000
                                         GDP (CAD millions) 2006                           $5,000    $6,000     $9,000        $29,000
                                                                            41.8            25.7      36.6       43.8           37.5
                                                Median Age, 2006
                                       Overall Cost of Living Index         102.8           92.5      104.3      131.4         101.5

                                                                      Thunder    Peer        Peer     Peer       Peer     Provincial/State
          Overall Performance                                         Bay, ON   Ranking    Minimum   Average   Maximum       Average
                                       Population Growth (00-05)       0.8%          10       0%      5.8%       12.4%         5.7%
                                                                       -3.4%         10     -3.6%     4.8%       19.9%         9.3%
                                              Job Growth (00-05)
                                             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

                                                                      Thunder    Peer        Peer     Peer       Peer     Provincial/State
          Technology                                                  Bay, ON   Ranking    Minimum   Average   Maximum       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

                                                                      Thunder    Peer        Peer     Peer       Peer     Provincial/State
          Talent                                                      Bay, ON   Ranking    Minimum   Average   Maximum       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

                                                                      Thunder    Peer        Peer     Peer       Peer     Provincial/State
          Tolerance                                                   Bay, ON   Ranking    Minimum   Average   Maximum       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
                                                                                                      0.76       0.92           N/A
                                            Integration Index, 2006     0.83          6       1

                                                                      Thunder    Peer        Peer     Peer       Peer
          Territorial Assets                                          Bay, ON   Ranking    Minimum   Average   Maximum
            Social and Cultural Assets
                 Arts 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 Assets
                            Federal 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 Assets
                                 Population 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

28                                Drivers per Other Modes, 2006        9.77           3     4.84      28.69     169.98
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



29
Thank You
Ronnie Sanders
Ronnie.Sanders@rotman.utoronto.ca

Patrick Adler
Patrick.Adler@rotman.utoronto.ca

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Brief Prosperity Profile of Thunder Bay Ranks Its Performance

  • 1. A Brief Prosperity Profile of Thunder Bay, Ontario Ronnie Sanders and Patrick Adler Research Associates February 8, 2009
  • 2. Outline / Approach 1. Present Benchmark Peers 2. Describe Selected Measures a. Some “Lagging” b. Some “Leading” 3. Get Your Thinking Where does Thunder Bay rank? 4. Discussion 2
  • 4. Peer Selection Battle Creek, MI • 14 peer states/ • Bloomington, IL provinces for • College Station, TX Ontario based on • Kelowna, BC population. • Mount Vernon, WA • Rocky Mount, NC 10 cities/regions • Sherbrooke, QC selected with • State College, PA populations • Trois-Rivieres, QC approximately the same as Thunder Bay. 4
  • 6. Technology “A high technology base is both a necessary condition for and a result of a region having a strong creative economy. Being known as a quot;high-techquot; region helps to attract the creative workforce, which, in turn, generates new technologies making the region even more high-tech.”
  • 7. Technology “Tech Pole” Index (based on Milken Institute) • – Share of total US/Canada “high technology” – Regional concentration of “high tech” among all industries Combination allows smaller, tech-intensive • regions to score well US & Canada, based on total employment • 7
  • 8. Tech-Pole Index: Where does Thunder Bay rank? Ranking out of 11 (Thunder Bay + 10 peers) • Peer Average: 0.021 • Lowest peer score: 0.002 (Battle Creek, MI) • Highest peer score: 0.079 (State College, PA) • • Where does Thunder Bay rank? –Top 3? –Bottom 3? –Middle 5? 8
  • 9. Tech-Pole Index: Thunder Bay “Middle 5” North American Tech Pole Index Toronto, ON and Peer Regions, 2006 State College, PA 0.079 Sherbrooke , QC 0.035 Kelowna, BC 0.030 Rocky Mount, NC 0.018 College Station, TX 0.018 Thunder Bay, ON 0.013 Trois-Rivières, QC 0.012 Bloomington, IL 0.008 Mount Vernon, WA 0.004 Dalton, GA 0.002 Battle Creek, MI 0.002 9
  • 11. Talent “The concentration of people in the Creative and Super Creative Classes, has a stronger relationship with economic growth. Creative people don't just cluster where the jobs are. They cluster in places that are centers of creativity and also where they like to live. Places need a people climate -- or a creativity climate -- as well as a business climate.”
  • 12. Talent “BA and above” • Percent of population 25 and older with a • bachelor’s (4-year) university degree or higher (masters, graduate, PhD) 12
  • 13. Talent Index: Where does Thunder Bay rank? Ranking out of 11 (Thunder Bay + 10 peers) • Peer Average: 22.2% • Lowest peer score: 12.0% (Dalton, GA) • Highest peer score: 40.2% (State College, PA) • • Where does Thunder Bay rank? –Top 3? –Bottom 3? –Middle 5? 13
  • 14. Talent Index: Thunder Bay “Bottom 3” Talent Index (Pop > 25, BA and above) Thunder Bay, ON and Peer Regions, 2006 State College, PA 40.2% Bloomington, IL 39.8% College Station, TX 31.2% Mount Vernon, WA 21.0% Battle Creek, MI 19.1% Sherbrooke , QC 18.1% Rocky Mount, NC 14.9% Trois-Rivières, QC 14.0% Thunder Bay, ON 13.0% Kelowna, BC 12.4% Dalton, GA 12.0% 14
  • 15. Talent Now, a “Creative Economy” • – Innovation, Thinking, Creativity “Paid to think” • – Everyone has the potential to be creative Percent of workforce in the “Creative Class” • T = Technology and R&D Innovation A = Arts and Culture P = Professional and Managerial E = Educating and Training 15
  • 16. Creative Class: Where does Thunder Bay rank? Ranking out of 11 (Thunder Bay + 10 peers) • Peer Average: 25.4% • Lowest peer score: 18.5% (Dalton, GA) • Highest peer score: 32.8% (Sherbrooke, QC) • • Where does Thunder Bay rank? –Top 3? –Bottom 3? –Middle 5? 16
  • 17. Creative Class: Thunder Bay “Middle 5” Creative Class as % of Workforce Thunder Bay, ON and Peer Regions, 2006 Sherbrooke , QC 29.4% Battle Creek, MI 27.5% Bloomington, IL 27.1% Thunder Bay, ON 26.9% Trois-Rivières, QC 26.8% Kelowna, BC 25.7% College Station, TX 24.9% Mount Vernon, WA 23.6% Rocky Mount, NC 22.3% State College, PA 21.2% Dalton, GA 18.5% 17
  • 19. Tolerance / Inclusiveness “Diversity has become a politically charged buzzword. To some it is an ideal and rallying cry, to others a Trojan-horse concept that has brought us affirmative action and other liberal abominations. Creative Class people use the word often, but not to press any political hot buttons. Diversity is simply something they value in all its manifestations.”
  • 20. Tolerance / Inclusiveness Mosaic Index • Percent of population foreign born • Immigrants generate growth and are a sign or • regional “openness” 20
  • 21. Mosaic Index: Where does Thunder Bay rank? Ranking out of 11 (Thunder Bay + 10 peers) • Peer Average: 8.1% • Lowest peer score: 2.2% (Trois-Rivieres, QC) • Highest peer score: 15.0% (Dalton, GA) • • Where does Thunder Bay rank? –Top 3? –Bottom 3? –Middle 5? 21
  • 22. Mosaic Index: Thunder Bay “Middle 5” Mosaic Index (% Pop) Thunder Bay, ON and Peer Regions, 2006 Dalton, GA 15.0% Kelowna, BC 14.6% College Station, TX 10.9% Thunder Bay, ON 10.3% Mount Vernon, WA 10.1% State College, PA 6.9% Sherbrooke , QC 5.5% Bloomington, IL 4.7% Rocky Mount, NC 3.4% Battle Creek, MI 3.1% Trois-Rivières, QC 2.2% 22
  • 24. Population Growth Percent growth/decline in total population • Between 2001 and 2006 • 24
  • 25. Population Growth: Where does Thunder Bay rank? Ranking out of 11 (Thunder Bay + 10 peers) • Peer Average: 6.1% • Lowest peer score: 0.0% (Battle Creek, MI) • Highest peer score: 12.4% (Mount Vernon, WA) • • Where does Thunder Bay rank? –Top 3? –Bottom 3? –Middle 5? 25
  • 26. 3” Population Growth: Thunder Bay “Bottom Population Growth Thunder Bay, ON and Peer Regions, (00-05) Mount Vernon, WA 12.4% Dalton, GA 12.0% Kelowna, BC 9.8% Bloomington, IL 7.2% College Station, TX 6.4% Sherbrooke , QC 6.3% State College, PA 3.8% Trois-Rivières, QC 2.9% Rocky Mount, NC 2.3% Thunder Bay, ON 0.8% Battle Creek, MI 0.0% 26
  • 27. Discussion / Summary 27
  • 28. For More Information Peer Peer Peer Provincial/State Summary Statistics Thunder Bay, ON Minimum Average Maximum Average 123,000 115,700 150,000 197,000 546,000 Total Population, 2006 $5,000 GDP (CAD millions) 2006 $5,000 $6,000 $9,000 $29,000 41.8 25.7 36.6 43.8 37.5 Median Age, 2006 Overall Cost of Living Index 102.8 92.5 104.3 131.4 101.5 Thunder Peer Peer Peer Peer Provincial/State Overall Performance Bay, ON Ranking Minimum Average Maximum Average Population Growth (00-05) 0.8% 10 0% 5.8% 12.4% 5.7% -3.4% 10 -3.6% 4.8% 19.9% 9.3% Job Growth (00-05) 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 Thunder Peer Peer Peer Peer Provincial/State Technology Bay, ON Ranking Minimum Average Maximum 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 Thunder Peer Peer Peer Peer Provincial/State Talent Bay, ON Ranking Minimum Average Maximum 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 Thunder Peer Peer Peer Peer Provincial/State Tolerance Bay, ON Ranking Minimum Average Maximum 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 0.76 0.92 N/A Integration Index, 2006 0.83 6 1 Thunder Peer Peer Peer Peer Territorial Assets Bay, ON Ranking Minimum Average Maximum Social and Cultural Assets Arts 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 Assets Federal 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 Assets Population 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 28 Drivers per Other Modes, 2006 9.77 3 4.84 28.69 169.98
  • 29. 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 29