Business Climate
The affordability of Timmins makes it a prime location for commercial and industrial development. Timmins is thriving with new and existing business benefiting from the continuing strength of our economy. Timmins is a resource-based economy with mining and forestry activity, but the service and tourism sectors add to the diverse economy. The history of Timmins is associated with the gold discoveries of the Porcupine Camp, beginning in the early 1900s. In the 1960s, base metals such as copper, zinc and nickel began to replace gold as the primary mined deposit. Today, a variety of precious and base metals, as well as industrial minerals, are mined.
The City of Timmins is centrally located in Northeastern Ontario, and is the regional centre for shopping, culture, commerce, health, industrial supplies and distribution channels. The City of Timmins has a population of 45,000, but draws consumers and business-to-business from throughout the Cochrane District, the James Bay Coastal area and nearby communities such as Chapleau and Kirkland Lake for a total regional market of approximately 118,000.
