St. Thomas Ontario
St. Thomas is a city in southwestern Ontario, Canada, with a population of 38.900. It acquired its city charter on March 4, 1881. The city is likewise the seat for Elgin County, although it is independent of the county.
The regional economy has actually been controlled by vehicle manufacturing, with two plants run by Magna International, the Ford St. Thomas Assembly in neighboring Talbotville, and a Sterling Trucks assembly plant. The 2008 global recession that impacted the auto sector eventually dripped down to the city; the Sterling plant closed in March 2009, and the Ford plant closed in late 2011 for a loss of 1,400 jobs.
Masco Canada’s debt consolidation of its Canadian operations into the previous Sterling Truck assembly plant in 2010  and Toyota supplier Takumi Stamping Canada’s expansion in the very same year brought over 500 tasks to St. Thomas.
A report in June 2019 showed that a plant for cross-laminated timber (CLT) would be integrated in town, supplying over 60 jobs. The approximated expense of the automated plant was $32 million.
The town’s Economic Development Corporation has brought in film crews, especially to the previous psychiatric health center (the Regional Mental Health Centre) on Sunset Drive as an area for shooting. A January 2020 report indicated that productions filming in the town had included The Boys (2019 TELEVISION series), Guillermo Del Toro’s Scary Stories to Tell in the Dark (film) and most recently, a film including Jason Momoa that was preparing to film in the area, often outdoors, from February to June 2020.
865,000+ Canadian households have more than $1 million in assets.
more than $1 million
High Net Worth
more than $5 million
Very High Net Worth
more than $30 million
Ultra High Net Worth
do I need?
Immediate Financing Arrangement
Insured Retirement Plan
- Corporate Estate Planning
- Estate Bonds
- Estate Planning Checklist
- Estate Planning Checklist Canada
- Estate Planning Lawyer
- Succession Planning
- Succession Planning Best Practices
- What is Estate Planning
HNW families' goals are ESTATE and WEALTH planning rather than financial planning by focusing on tax strategies and insurance products to ensure wealth is efficiently passed on.
Life Insurance Companies
Sun Life Insurance
Canada Protection Plan