Cornwall Economy

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Economy

Seaway International BridgeCornwall is a port-of-entry into Canada connected to the United States at Roosevelttown, near the municipalities of Massena, New York and Malone, New York, via the Seaway International Bridge at The Three Nations Crossing (Canada,Mohawk,and U.S.A.) which crosses the St. Lawrence River and Cornwall Island, located within the Ontario portion of Akwesasne.



Cornwall was once home to a thriving cotton processing industry. Courtaulds Canada Inc.’s rayon manufacturing mill operated until 1992 at one point employing almost 3,000. Domtar, a Quebec-based company operated a paper mill in the city for nearly one-hundred years, ceasing operations on March 31, 2006. At its peak, Domtar employed nearly 1,500 employees. In addition, Canadian Industries Limited (C.I.L.), now Pioneer Chemicals, has operated a plant in Cornwall since 1935.



Cornwall's industrial base has now shifted to a more diversified mix of manufacturing, automotive, high tech, food processing, contact centres and materials handling. The City hosts the largest Wal-Mart distribution centre in Canada, its massive 1.5 million square foot facility employing nearly 1000 people. Furthermore, StarTek and Teleperformance both operate call centres in Cornwall, each of which provides in excess of 500 jobs. Cornwall's unemployment rate now hovers at 7.9%.



A 2006 study of similar Ontario municipalities ranks Cornwall as one of the highest taxed in almost all categories.



MoneySense magazine rated Cornwall as Canada's 74th best city in May, 2007.