London offers a great lifestyle for young professionals, families and empty nesters alike. With a small-town charm and big-city appeal, London is attracting leading companies, investments and talent.
With a rapidly growing job market from the digital creative sector to education, the benefits of living in this bustling ‘Forest City’ continue to shine. For those looking for activities further afield, London’s international airport, train and bus stations as well as access to Highways 401, 402 and 403 provide quick and easy access for weekend trips, travel, business and leisure. No matter where your interests lie, from outdoor activities, music, food or work life, you’re sure to discover exactly why more and more people choose to call London home.
Affectionately known as festival season, summers in London are transformed into an outdoor haven for culture, music and food. More than 15 festivals and events happen in downtown London every summer, including Sunfest, the second largest outdoor festival in Canada, attracting over 200,000 visitors to Victoria Park.
London is home to some of the best semi-professional sports teams in the country including London Knights Hockey, London Lightning Basketball , the Forest City London Soccer Club and the London Majors Baseball Team.
Daytime entertainment is easily found at London’s many art galleries, historical landmarks and museums.
London’s rich history will inspire and delight those who are exposed to London's cultural diversity.
From performances by Janet Jackson, Pearl Jam, Keith Urban, Ed Sheeran, Tiesto, Calvin Harris, The Weeknd, and Cirque du Soleil, there’s always something playing!
A growing number of award-winning and world class restaurants offering everything from homegrown favourites to international cuisine are scattered throughout the city of London.
London offers picturesque parks, hiking trails and a plethora of outdoor activities for everyone from the adventure seeker to the nature lover.
Springbank Park, Fanshawe Conservation Area and Storybook Gardens are just three of the 40 plus spacious parks that contribute to the over 100 kilometres of walking and hiking trails throughout the city of London.
With 21 private, semi-private and public golf courses there’s always a fairway ready to play.
The Thames River is a local heritage landmark that runs through the heart of London.
Thanks to excellent entertainment venues like Budweiser Gardens, London has hosted popular artists ranging from Ed Sheeran to Elton John. Aeolian Hall, a historic music facility recently awarded Best Live Venue and considered one of the Top 10 Halls in Canada, is another renowned live entertainment destination. These venues do more than attract world-class talent. They inspire local artists and complement pieces of the city that make up a thriving cultural mosaic.
London is known for appreciating and preserving its unique history. Enjoy a stroll through designated heritage conservation areas, take in the sights at Museum London or catch a live show at the majestic Grand Theatre. Or you can explore Fanshawe Pioneer Village, an interactive museum which preserves the past and engages the community through living history experiences.
Keeping the kids busy and entertained has never been easier with family venues such as The Children’s Museum, Storybook Gardens, Springbank Park, Fleetway and East Park. Local sports teams include London Knights Hockey, London Lightning Basketball and London Majors Baseball and provide countless hours of spectator fun and community events all year.
Every year, the arts, entertainment and culture industry attracts and contributes millions of dollars to the city’s economy. With more than 1,200 arts and culture businesses thriving in the City of London, over 7,700 workers are employed in this sector.
Whether it is the scent of fresh food in the Covent Garden Market, the texture of the 19th-century fieldstone verandas in Wortley Village or the effervescent energy of Richmond Row, London is a city that is rich in culture.
Keeping more than 1,300 cows and 56,000 chickens employed every year is literally a piece of cake for The Original Cakerie – a leading manufacturer of premium frozen desserts for retail and food service customers across North America.
The company has found sweet success in the agricultural core of Southwestern Ontario and London’s proximity to raw materials.
“London is ideally located in the agricultural heartland of Southwestern Ontario providing us with multiple sources of dairy, eggs and flour,” says Suzanne Pottinger, Vice President of Employee Experience
“We could have built this plant anywhere but London’s robust manufacturing sector, proximity to key distribution networks and overall receptivity to growing its food processing sector was significant to our decision,” says Pottinger.
Over the past decade, the LEDC has set food processing in its sights with notable success evidenced by the presence of recent operations such as Dr. Oetker from Germany and Spain’s Natra Chocolate.
“Be it infrastructure, labour force, access to raw materials or proximity to new markets, London has all the right ingredients to be successful in this industry.” - Kapil Lakhotia, LEDC President and CEO
Industry analyst Dave Sparling, head of the Centre for Agri-Food Innovation and Research Centre at the Ivey Business School agrees with this strategy.
“It’s a solid and relatively stable industry for London with good long-term prospects,” says Sparling.
The sweet success of The Original Cakerie lies in its commitment to innovative new product developments, which were created in response to consumer trends and retailer/customer demand.
London’s food processing sector boasts an employee base of over 6,000.
As a key area of focus for the LEDC, the sector is well supported with key infrastructure assets including Innovation Park’s dual feed electricity supply and the availability of high pressure natural gas lines.
London is in lockstep with the province’s goal to create more than 100,000 jobs in agri-food by 2020 with at least half expected to be in food processing.
By building on the successful legacies of stalwart companies like McCormick Canada and Cargill Canada, London is poised to harvest rich rewards in this sector.
When the need to wet their whistle strikes, Londoners don’t have to venture far from home.
From locally brewed beer and raw juices to spirit mixed drinks and organic fair trade coffee, the city is a virtual drinking well of options.
One of Canada’s oldest and most successful companies, Labatt was founded as a small craft brewery by John Kinder Labatt in 1847.
“Labatt put London on the map,” says David Thuss, a director at The London Brewing Co-operative, “It provided London with that early reputation of being a beer brewing town. It’s now up to craft brewers like us to leverage that legacy.”
An unprecedented wave of interest and demand for craft beer and organic and locally sourced ingredients has fuelled the start up and growth of companies like The London Brewing Co-operative, Forked River Brewing Company, Black Fly Beverage Company, Pulp and Press Juice Company, Fire Roasted Coffee and others.
They all point to one commonality – a commitment to London as a prime location to build and nurture a successful business.
Cathy Siskind-Kelly, co-founder of Black Fly, cites London’s collaborative and supportive business community as an important advantage in a highly competitive industry.
“Londoners are very proud of their businesses. There is a strong spirit of support to shop local and help companies succeed,” - Cathy Siskind-Kelly, co-founder of Black Fly
Started just 10 years ago, Black Fly, a producer of premium spirit beverages has experienced over 50 per cent growth over the past two years selling in every province in Canada but Quebec.
2. London’s entrepreneurial culture is evident at The London Brewing Co-operative, where the nano-sized brewery is organized as part of a worker’s co-operative sharing space with The Root Cellar Organic and On the Move Organics. Focused on local, organic and sustainable ingredients, the Brewery has released more than 25 varieties of craft beer since it started in 2014.
“I love the local movement that is happening in London. It’s industrious and infectious,” says John Parlow, co-owner of Pulp and Press Juice Company, producer of raw, organic cold pressed juice.
According to Parlow, the lower costs of living and of running a business gives London a competitive advantage over other communities.
The LEDC has provided critical business support to these companies as they have expanded product lines, built new facilities, recruited new talent and set their sights on broader markets.
Forked River Brewing Company is a prime example. In less than three years since starting up, the microbrewery expects to triple its production and release upwards of 250,000 litres of beer annually.
“London has always been identified as a place that is open to new ideas and supports its own. We collaborate on products, share information about processes and learn best practice from each other.” - Andrew Peters, co-founder, Forked River.
At Labatt, General Manager Jake Fenn says London has come a long way since the iconic company was the only brewery in town.
Over the past 160 years, Labatt has evolved into an international corporation with a network of six breweries, 15 sales offices and 23 warehouses and distribution centres stretching from coast to coast. “Ours is very much a local success story. We owe it to the people of London that we’ve flourished and grown into the brewery we are today,” says Fenn.
Every Chicken McNugget in McDonalds’ Restaurants across the country is made in London Ontario.
“The strong farming community in this region makes it a vital food processing centre for business and commerce.” - Derek Schoonbaert, Managing Director, Cargill Canada
Schoonbaert also cites access to a diverse workforce as another important advantage that has helped the company remain innovative and competitive.
Over the past few years, the food industry has witnessed significant changes. Consumers have become more knowledgeable and interested in their food choices and as a result, they now demand more options.
“From engineering, finance and food safety, we don’t have to look too far afield to find talent in all those areas.”
As consumers have become increasingly interested in their food choices, companies like Cargill are taking a more nimble approach that allows them to respond to the needs of their consumers. An Innovation and Sensory Centre within the London facility provides the company with the opportunity to test products and better understand consumer choices.
From sauces to buns, the centre is used to gauge consumer reactions to adjustments such as reducing or removing ingredients and determine how that might affect experiences like taste and texture.
“Agility is very important – we need to be able to respond and provide our customers with different products,” says Schoonbaert.
London’s prime location fits the needs of any industry: access to Original Equipment Manufacturers (OEM) facilities within two hours for automotive suppliers; proximity to raw material suppliers for food and beverage processors; and excellent connectivity to the transport corridor via a 24-hour Air Cargo terminal and highways.
With over 200 acres of shovel-ready, master-planned lands in varying sizes, the City of London has a successful track record of developing industrial parks to attract global investors.
Leading companies such as Hanwha Surfaces and Brose Canada have affirmed the quality of the infrastructure in London’s industrial parks. The lands are free of industrial development charges and have earned London the honour of offering Ontario’s first certified investment-ready site.
The city has also been chosen by food processing giants such as Dr. Oetker and Natra for their first North American sites. This has further solidified London’s status as a prime location in Ontario along the North American Free Trade Agreement (NAFTA) superhighway.
Local businesses utilize the airport’s cargo terminal, with its 24-hour Canada Customs and air cargo services. The Airport is also home to Skyway Industrial Park, a 300-acre property that contains available land in a variety of sizes for both long-term lease and purchase.
London’s transportation sector also includes extensive rail services, with 14 trains per day offering regular connections to Toronto, Sarnia, and Windsor. The Canadian National Railway and the Canadian Pacific Railway provide efficient freight transportation services over a 14,000 mile network in Canada and the United States.
As the first and only Brose plant in Canada, this facility is a Tier 2 supplier of seating systems including seat adjusters and metal frames to automotive manufacturers in North America and Asia.
With a workforce of 750 and investments totalling $170 million, Brose Canada, the international auto parts maker based in Germany, is one of London’s largest players in the advanced manufacturing sector.
Since 2005, the company has stamped more than 180 million seat frames and 22.5 million seat adjusters between its two London plants. They boast Brose’s largest high tech infrastructure and second largest employee base in North America. Much of this success is credited to a deep-seated commitment to innovative processes and talent development in an industry that constantly evolves to meet the needs of its global customers.
“Brose is a leading example of the type of innovative, high-tech manufacturing that keeps companies and our region competitive. They have set a world-class standard for London’s advanced manufacturing sector that gets attention and attracts others.” - Kapil Lakhotia, President and CEO, LEDC.
“I’m very proud of the engagement and motivation of our team. They all have a common goal to be successful and it’s exciting to see that passion.” - Steve Wilkins, General Manager, Brose Canada
Access to a highly skilled workforce and the ability to collaborate with educational institutions are key business advantages to being located in London.
More than 200 of Brose 750 employees have been at the plant for over five years – a testament to the company’s commitment to bring a workplace of choice.
“London’s overall business support has been instrumental to what we have been able to accomplish here,” says Wilkins.
In turn, Brose has helped keep London’s advanced manufacturing sector in top form. Almost 25% of the plants suppliers are in Ontario, with 10% coming from the London region.
A leading name in developing and delivering innovative building materials, Hanwha opened its first Canadian plant in London six years ago.
“A huge benefit of being located in London is that we can easily access raw materials at a reasonable cost.” - Michael Kim, Chief Executive Officer at Hanwha.
As a global Fortune 500 company and the fifth largest conglomerate in Korea, the company is poised to grow its London footprint.
“We are very proud of our presence here. We want to hire more, produce more and bring some of the technologies we’ve developed in Korea to this London plant,” - Michael Kim, Chief Executive Officer at Hanwha.
Harring Doors does so much more than provide the White House, Western University, Harvard and Yale with stile and rail wood doors; they provide a sustainable solution. In business for more than 25 years, this company is proud to be certified with the Rainforest Alliance.
In missions where vehicles aren’t safe enough to have a pilot, U.S. defense giant Northrup Grumman looks to London. Collaborating with local business Diamond Aircraft, Northrup produces unmanned surveillance aircrafts, or as they are more commonly known, drones. This defense partnership puts London on the map as a premiere defence manufacturing centre.
Sourcing many ingredients from Southwestern Ontario producers, Dr. Oetker’s first North American facility produces over 77,000 frozen pizzas a day right here in London, Ontario.
What does the International Space Station, 2014 Sochi Olympics and the discovery of the Titanic all have in common? IO Industries of London, Ontario made the hightech cameras that filmed these monumental moments. Specializing in digital video cameras and recorders, this company improves the quality of footage in defense, medical, scientific, broadcast and cinema applications.
More than 10 million consumers interact with Autodata’s digital solutions every month as they consider vehicle options, compare brands and price shop.
Autodata provides technology solutions to an impressive roster of clients including Chrysler, Ford, General Motors, Nissan, Toyota, Mazda, Honda, Hyundai, Kia, Volvo, and Jaguar. These solutions range from enabling dealer-to-manufacturer vehicle ordering to consumer-focused interactive marketing initiatives such as brand websites, dealer websites, dealership sales tools and mobile solutions.
“London is the hub of our innovation. This is where we design new solutions and create new ideas for our customers. Our technical leadership and centre of excellence for our company is here in London.” - Greg Perrier, President and CEO, Autodata Solutions.
Autodata draws heavily from Fanshawe College and Western University for interns and co-op students in computer science, engineering and digital design, with Autodata being the largest single employer of Western’s Computer Science interns.
London’s digital creative sector has been built on innovative, local start-up ventures who are finding a niche market and growing into successful Canadian and global players like Autodata, Info-Tech Research Group and Big Blue Bubble to name a few.
“Autodata has one of the biggest IT footprints in this city and it’s exciting to see this level of leadership and innovation being created here. It bodes extremely well for continued growth and development in this sector.” - Kapil Lakhotia, LEDC President and CEO.
Infrastructure such as affordable downtown office space, including many heritage buildings, fibre optic coverage, certified data centre sites, and great entertainment venues are among the reasons why an increasing number of technology companies are choosing London.
“London continues to evolve as a digital creative hub. It’s becoming known as a serious destination for talent, education and entrepreneurs.” - Carmi Levy, Tech Journalist, London, Ontario.
Dubbed “The Cube” this new home to digital marketing firm Arcane, features a 100-seat auditorium, café, rooftop patio, games room and underground parking, to name just a few. This 30,000 sq. ft. collaborative and open workspace is located on Talbot Street and dates back to the 1930s as a former industrial building.
The Power Plant
Split level staircases, 20-foot ceilings, polished concrete floors and numerous large windows has restored what was once a power plant for the London Street Railway Company. Today, this newly repurposed 5,800 sq. ft. space situated along the Thames River, is home to document management software maker iCONECT.
The London Roundhouse
Built in 1887 as a Michigan Central Railroad steam locomotive repair shop, this revitalized heritage building sets the standard for innovative renovations to commercial office spaces. Home to two major tech companies, Ellipsis Digital and Engine SevenFour, the 5,200 sq. ft. space features wood beam ceilings and exposed brick, providing a modern open concept that honours the building’s original history.
Located just steps away from city landmarks such as Budweiser Gardens and the Covent Garden Market, Digital Echidna and Lashbrook Marketing and Public Relations share 12,000 sq. ft. on all four floors of heritage space that has deep London roots. Established in 1881, Burridge Block was designed by London architect William A. Joanes and was once home to a saddle maker.
Just one of a rapidly expanding cluster of digital gaming businesses in the city, the company is on a growth trajectory that shows no sign of slowing down.
“London’s business ecosystem of infrastructure, real estate, education and talent is very strong and supportive of companies, CEOs and entrepreneurs,” - Vikas Gupta CEO, Big Blue Bubble
The company’s growth matches that of the digital gaming industry overall – a sector that is taking both London and the province by storm. More than 500 employees work at an impressive list of London-based video game development companies including Big Viking Games, Digital Extremes, Hyper Pad, Sky Orchard Studio, Tiny Titan Studios, Play Puddle, Tactic Studios and Big Blue Bubble.
“London has emerged as a hotbed for creating video games. Our niche companies are developing content, animation, video and sound production, coding and all the other elements involved in creating awesome digital interactive games,” - Kapil Lakhotia, President and CEO at the London Economic Development Corporation,
London stands apart as a city with a growing cluster of companies that support each other and encourages entrepreneurship.
“The collaboration, support and access to an engaged and talented pool of people allows us to truly do work with global impact that is typically found in larger centres,” says Gupta.
Expansion plans are well underway at Big Blue Bubble, with the company set to move into new and much larger space this year.
“We are developing a world class headquarters that will accommodate the company’s growth for years to come and showcase the best that London has to offer,” says Gupta.
As one the fastest growing websites in the world, Diply.com boasts over 100 million unique visitors a month and has over 25 million social media followers.
Launched just over two years ago, Diply.com and its parent company GoViral, embody the unprecedented growth of London’s digital creative sector and strong entrepreneurial culture.
Diply.com generates and shares content designed to attract readers, develop relationships and ultimately sell advertising to companies looking to connect with target audiences.
“Housed in the heart of downtown London, GoViral is home to a busy hive of writers, editors, video producers, designers and programmers. Not surprisingly, they represent their target market—young, mobile millennials with an unquenchable thirst for news, information, entertainment and virtually anything that can be accessed online.
“We’ve been growing very quickly and we continue to invest in technology and products that help our employees navigate and change with that growth,” - Taylor Ablitt, GoViral co-founder and CEO
With plans to open sales offices in New York, Los Angeles and Europe, Diply.com is going global. Yet, the company is committed to keeping its headquarters in London and nurturing its talent.
“There is a very strong network of entrepreneurs and technology start-ups here in London,” says Ablitt, “There is a sense of community, a life style and a pool of talent that doesn’t exist anywhere else.”
Be it a box of candy, a blister pack of cold medicine or a bottle of vitamins, Jones Packaging has found its way into millions of homes worldwide. At some point in our lives, many of us have touched one of their products.
Founded in 1882, Jones is a London Ontario success story of generational entrepreneurship, responsive innovation and global leadership.
Over the past century, the packaging industry has evolved to be more sophisticated, client-driven and competitive, but London continues to provide unique business advantages that cannot be found elsewhere.
A growing focus on health care packaging, together with industry demands for more security, patient safety and consumer information has led to remarkable new product developments and global partnerships.
Smart pharmaceutical packaging is an example that is taking the company and its clients into a new realm.
Using near-field communications or invisible conductive inks, the packaging allows users with a smartphone to access information on everything from side effects and dosage to product tampering and company recalls.
Jones recently partnered with Thin Film Electronics, a Norwegian global leader in printed electronics to develop a physical package that connects with today’s virtual world of information and communications.
The end result is intelligent packaging that can let the user know whether it has been previously opened and deliver up-to-date information about side effects, expiration dates and dosage – all via an Internet link.
“Jones is an excellent example of how access to industry partnerships, responsiveness to global trends and product innovation converge into sustainable success, says Kapil Lakhotia, President and CEO at London Economic Development Corporation.
“Jones brings a very unique perspective. They play a significant role in advanced manufacturing, in health care and in digital technologies,” says Lakhotia, “They are a remarkable London success story and it has been fascinating to watch them continue to build and diversify.”
According to owner Christine Jones Harris, this success lies in a number of London advantages that do not exist in other cities.
Partnerships with institutes like the NRC and educational resources at Fanshawe College and Ivey School of Business have also allowed the company to respond and be nimble to an ever-evolving industry. Clients are more global in scope, contracts are larger and more comprehensive and health care has become more consumer-driven.
“Our clients want things faster, they want more added value adds and they are looking for ways that will bring more attention on the shelves,” says Jones Harris. “It’s exciting but it means we are always looking ahead. London’s pool of talent, education and business support gives us that competitive edge.”
London’s robust healthcare ecosystem of teaching hospitals, long-term care facilities, rehabilitation and research institutes makes it a prime location for one of the most innovative suppliers of medical products — 3M Health Care.
“In London, we are able to access health care clinicians and expertise that helps us develop new products and understand how they work in the health care environment,” - Matthew Pepe, Vice President, Health Care Business at 3M Canada
London is behind many of the 3M sterilization and infection prevention products used in hospitals across the country and around the world.
“Health care is one of our fastest growing product lines. The research and development, product design and business planning for many of 3M’s health care products are developed right here in London,” says Pepe.
A key example is the Attest biological monitoring system; a core component of quality assurance programs in steam sterilization of surgical tools and equipment. The system has enabled hospitals to dramatically improve efficiencies and provide faster and more reliable sterilization results of instruments, implants and other supplies. Fast biological indicator results will accelerate the turnaround time of instruments to be back in the operating room and ready to be reused.
3M Health Care’s location in a mid-sized urban centre like London allows the company to be more nimble and responsive to the needs of the health care sector than it would in a larger city.
“London’s legacy of excellence in teaching, research and care delivery makes us uniquely positioned to be a centre for medical innovation and commercialization.” - Dr. Michael Strong, Dean of the Schulich School of Medicine & Dentistry at Western University
More than 21,000 people are currently employed at London hospitals and research institutions, including over 2,000 researchers.
Areas of expertise include biomedical, biotechnology, medical devices, clinical trials, medical imaging and advanced robotic surgery.
As health care and medical innovation takes a front seat in the city of London’s economic roadmap, this sector is expected to continue to attract global attention and investment.
London Health Sciences Centre (LHSC) is one of Canada’s largest acute-care teaching hospitals. Home to many historical medical firsts and breakthroughs, LHSC provides care to more than one-million patients annually.
St. Joseph’s Health Care London is a major patient care, teaching and research centre caring for more than 400,000 patients annually has a historic legacy dating back over 140 years. St. Joseph's key areas include acute/ambulatory care; complex care and veterans care; long term care; rehabilitation and specialized geriatrics; and specialized mental health care. Facilities include St. Joseph’s Hospital, Parkwood Institute, Mount Hope Centre for Long Term Care, Southwest Centre for Forensic Mental Health Care and 12 team and service locations across the region.
Lawson is the research institute of London Health Sciences Centre (LHSC), and St. Joseph’s Health Care London (St. Joseph’s). With more than 1,200 employees and an annual budget of over $50 million in research funding, it is one of the largest hospital-based research institutes in Canada.
Established in 1986, Robarts is a medical research facility with more than 600 people working to investigate some of the most debilitating diseases of our time, from heart disease and stroke to Alzheimer’s disease and diabetes. Key strengths include advanced medical imaging, cellular and molecular biology, genomics, immunology and stem cell biology.
The Schulich School of Medicine & Dentistry at Western University is one of Canada’s pre-eminent medical and dental schools. For more than 130 years, the school has demonstrated a commitment to academic excellence and a passion for scientific discovery.
Located in Western Research Park, The Stiller Centre is designed for start up technology-based companies placing a particular focus on commercializing ‘wet-science’. It provides temporary lab spaces and services, including fully equipped wet and dry laboratory space, flexible leasing options, in addition to a variety of shared services aimed at lowering the hurdles for startup and small technology based ventures.
The Brain and Mind Institute is the leading Canadian Centre for advanced imaging technology. It houses neuroimaging, neurophysiology and behavioural testing resources that provide advanced capabilities for scanning and interpreting the brain.
CSTAR (at London Health Sciences Centre) is a leading centre for the research, development, testing and delivery of simulation training for minimally invasive surgical technologies and techniques. The centre has three primary focuses: Surgical Technology, Simulation/Education and Research.
Cutting edge technologies, innovative new products and a dynamic team of creative minds is fuelling a new digital services division at London Life Insurance Company – a business icon that has been a part of London’s economic landscape for over 100 years.
According to Dave Johnston, President and Chief Operating Officer, the company’s recent $90 million investment in upgrades to its head office buildings reflects it continued strong commitment to London and its employees. Together with sister companies, Great-West Life and Canada Life, the company offers a broad portfolio of financial and benefit plan solutions to more than 12 million people across Canada.
The company recently expanded its digital services team in response to the explosion of consumer use of technology to access financial services.
London’s growing digital creative sector will be instrumental in developing this key area of expertise.
“We are in the midst of some very interesting innovation across our various business units,” says Johnston.
“Our digital services team in London will be a key part of the national digital ecosystem we are developing to support our business.”
With similar long-standing roots, TD Canada Trust also recognizes London’s supportive entrepreneurial spirit. It is the largest private sector employer in London, with over 3,500 people. Anna Iacobelli, Senior Vice President, Western Ontario Region, describes London as having all the benefits of a big city but the advantages of a tight knit business community.
“Strong employees and diverse community engagement means strong business results,” says Iacobelli.
London has also been a key driver of innovation for the company that recently celebrated 150 years of service in the city. Initiatives such as TD’s first net-zero green energy branch, specialized technology for the hearing impaired and the development of EasyWeb and EasyLine, are key examples of home grown innovation.
As the third largest credit union in Ontario and the 12th largest in Canada, Libro Credit Union is changing the traditional perception of financial institutions. It has doubled in size both in employees and in owners (i.e customers) over the past three years. Founded in 1951, Libro is owned by its more than 100,000 customers/owners across 31 branches in Southwestern Ontario.
As a regional cooperative, Libro supports more than 10,000 small to medium-sized businesses and entrepreneurs, making it a significant contributor to London’s economy.
Bolton predicts that as London’s economy continues to diversify and grow, the Libro brand will become more well known across Southwestern Ontario.
“People are starting to think very differently about their financial institutions. We are proving we can be the best in world and compete with everyone else right here from London Ontario,” says Bolton.