As of 2022, St. Catharines is home to 136,803 residents, which makes The Garden City the largest municipality in the Niagara Region and just outside the top 10 largest cities in Ontario.
It’s home to major employers like General Motors – 2,000, SITEL – 850 and Royal LePage – 415 (1)
WHY IS ST. CATHARINES SO GOOD FOR BUSINESS?
St. Catharines is attractive for business owners for more reasons other than its large population.
HIGHLY TRAINED LOCAL WORKFORCE
When a St. Catharines business is looking to add newly trained talent to their roster, many take the opportunity to hire one of the over 19,000 students who attend Brock University (including the Goodman School of Business that operates within) or Niagara College, both of which are located within the city or very nearby.
PROFESSIONALS PREFER ST. CATHARINES
Higher skilled service positions are seeing double-digit growth within the city thanks in part to InvestinStC choosing Engineering, Scientific, Business Support and Technical Services as one of the industries they focus on.
The City of St. Catharines itself has recently become a more attractive employer by becoming the largest municipality in Ontario to pledge a living wage for its employees.
CONVENIENT LOCATION
Whether you live within the city and take advantage of its evolving transit system or make the relatively short drive from another close by municipalities like Niagara Falls, Welland or Hamilton, getting to work in St. Catharines is most efficient.
A THRIVING DOWNTOWN
Many business owners and employees enjoy Downtown St. Catharines for both their work and play.
People who live in the region know how much happens in the city core, particularly on or near St. Paul Street including The Meridian Centre (home of the Niagara River Lions while hosting countless comedy shows and concerts) and the FirstOntario Performing Arts Centre (a.k.a The PAC).
So whether you’re interested in catching a show like Cirque Du Soleil or just looking to grab a drink after work at The Merchant Ale House it seems like there’s always something to do in St. Catharines.
WHAT TYPES OF BUSINESS INSURANCE SHOULD ST. CATHARINES BUSINESSES HAVE?
While any type or size of St. Catharines business should have a strong general liability insurance protection in place (and in some cases it’s mandatory), other types of business insurance is optional based on the nature of the products and services the business offers.
Policy options include;
- Product Liability Insurance
- Business Interruption Insurance
- Commercial Property Insurance
- Commercial Auto Insurance
- Home Business Insurance
GET A FREE SMALL BUSINESS INSURANCE QUOTE
HOW MUCH DOES BUSINESS INSURANCE COST IN ST. CATHARINES?
According to RateHub.ca small business owners in St. Catharines can expect to pay somewhere between $500 and $2,000 per year for their business insurance policy.
What any particular business pays for insurance in St. Catharines depends on a variety of factors, such as those listed below, and the best way to know for sure is to request several small business insurance quotes from reputable insurance providers who service your area.
- What coverages do you have on your policy (i.e. general liability insurance)
- The type of business you own
- The size of your business
- How many employees do you have
- How much annual revenue does your business generate
- Any deductible limits in place
- Your insurance claims history
- Where our business is located
Erie Mutual Insurance proudly serves the commercial insurance, farm insurance, home insurance and auto insurance needs of members throughout Southern Ontario including Haldimand, Niagara and Hamilton.
Please don’t hesitate to contact us with any questions you may have about this or any other topic related to your insurance.
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SOURCES
1 – stcatharines.ca
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