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Doing Business in Bancroft


For many, the idea of living where you play seems too good to be true. Working and living amid the lakes and forests that many have come to know as a holiday destination. Imagine a traffic jam free commute along winding roads lined with pines and granite. Or working from your home office with a hillside view. Doing business in Bancroft may be a more realistic dream than you think.


Within these pages, learn more about our business community and some of the opportunities waiting to be capitalized on. Find information on our economic development initiatives. If you have any questions, please contact the town office, we look forward to hearing from you.


Top 10 Reasons to do Business in Bancroft

 1. Prime Location:

 Prime Location

 Bancroft is close enough to Ontario’s major  centres to easily stay connected, and far enough away to feel free. The picturesque downtown is ideally located at the intersection of two of Ontario’s prime tourism corridors, with easy access to the 401. It has its own small airport, as well as shuttle service to major airports and urban centres, including Ottawa and Toronto. En route to the internationally popular Algonquin Park, Bancroft is a thriving tourist destination in its own right, with many festivals and events, such as the Rockhound Gemboree, which draw thousands of world-wide visitors each year.








2. Captive Market:


Captive Market


 Don’t be fooled by its small town charm; Bancroft is a buzzing economic centre. In addition to the 150,000 tourists that visit the Bancroft area each year - which generate $19.5 million in revenue - the town is the retail and service hub for the entire North Hastings region. Because of its central location, Bancroft serves a captive market of approximately 60,000 residents in the primary and secondary catchment areas.










3. Growing Economy:



Growning Economy 

  Since 2001, Bancroft has seen a 28% increase in job creation, nearly double the provincial average. There is a new worldwide trend to do business in the area you want to live, rather than the other way around. Now that most of the Bancroft region has high speed internet, more and more people are choosing Bancroft, not just because of the location and captive market, but also because it’s a fabulous place to live, with a growing economy.











4. Town Services:



Town Services


  Bancroft offers all the urban services you need, such as dentistry, optometry, special care and medical facilities including a local hospital; protective services including a local OPP detachment, fire department, and Emergency Medical Services; conveniences such as water, sewer, garbage and recycling pick up for residential, commercial and industrial waste; financial services, banks, postal and courier services, public transportation and all the basic services of any modern urban centre.



















5. Business Incentives and Services:

 Business Incentives

Bancroft is open for business! Business incentives, such as loans, grants, waived fees, and tax assistance are made possible under the Town’s Community Improvement Plan. Business coaching from an Enterprise Facilitator is available, and supportive groups such as the Economic Development Committee, the Chamber of Commerce and the Bancroft Business Improvement Area committee offer seminars, networking events and support. Members of each group support each other's initiatives, and are committed to enhancing the growth and prosperity of Bancroft and the region as a whole.







6. Affordable Real Estate:


Afforable Real Estate


 Be mortgage free sooner! Residential, waterfront, commercial, and industrial real estate in Bancroft often cost 25-75% less than in surrounding areas or urban centres throughout Ontario. Bancroft has several real estate brokerages including Royal LePage, Bowes and Cocks, Century 21, Re/Max, and more. There are a wide variety of properties available, from large waterfront acreages, to downtown commercial properties, to serviced industrial sites, and everything in between.








7. Development Ready Building Sites:


 Development ready


 Bancroft is ready for development and has properties available in Ward 1, which is the urban core of the town, as well as Ward 2, which is primarily made up of undeveloped land, ideally suited to commercial and industrial development. The Town’s planning and building departments are focused on stewardship, and process applications and permits quickly.











8. Skilled Workforce:


Skilled Workforce


 Bancroft has a readily available and skilled workforce. The local Loyalist College campus offers courses in many disciplines and trades. Approximately 30% of the Bancroft area's population is between ages 25 and 64, and has post secondary education.













9. High-speed Internet:


 High Speed

 Now you can do business anywhere - at the office, at home, in the backyard, or at the lake. The days of dial up and lack of high-speed internet service are over, thanks to the Eastern Ontario Regional Network, which has brought higher speeds and bandwidth to at least 95 per cent of homes and businesses in Eastern Ontario. The network delivers either broadband, or satellite service to Bancroft, thanks to the support of federal, provincial, municipal, and private sector partners.









10. Innovation and Sustainability:

 Innovation and Sustainability


The Town of Bancroft is focused on the future. Over the past few years, numerous studies examining Bancroft's population, demographics, industry, infrastructure, architecture, revitalization options, and economy have been conducted, resulting in various programs and strategies, including Bancroft’s Downtown Revitalization Project and Integrated Community Sustainability Plan. The Town has also developed a Community Improvement Plan which gives the municipality more creative options for supporting economic development, and actively supports the municipality's revitalization, redevelopment, and overall economic prosperity through strategic municipal planning.


Builders & Developers


Applications & Guidelines


Building Application Form

Signage Guidelines

Site Plan Control Guidelines


Economic Development Overview


bancroft ontario streetscape 001

Bancroft is more than a prime cottage location and tourist destination. It’s an expanding innovative economic hub for the entire North Hastings region. Out-performing the provincial average in terms of job growth, Bancroft is quickly becoming the place to be for business minded people who want the best of both worlds: the convenience of an urban centre, and the freedom of a rural lifestyle.


Read about the top 10 reasons to do business in Bancroft here.


The Town of Bancroft has taken a strong interest in the revitalization of its downtown core and development of its outer regions. The Town has its own Economic Development Officer, an Economic Development Committee, as well as an identified Bancroft Business Improvement Area (BBIA) with an active committee. Bancroft also has representatives on the Economic Development Committees of North Hastings and Hastings County. Members of each group support each other's initiatives, and are committed to enhancing the growth and prosperity of Bancroft and North Hastings as a whole.



 Discover the Ontario East Advantage Video




 Job Growth


For information on Economic Development opportunities in Bancroft, please contact Lianne Sauter - Deputy Clerk/  Economic Development Coordinator
Phone: (613) 332-3331 ext 206
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Family Physicians Needed... work & live where you play!

Are you a family or emergency room physician interested in practicing in ‘cottage country’?

Are you a medical student or resident?
Are you interested in establishing your family physician practice in a turnkey facility?
Are you interested in working in a rural hospital with a busy Emergency and 6-bed Medical Unit?
Did you answer “yes” to any of these questions?

Bancroft and the surrounding North Hastings region may be just the right place for you!


North Hastings

North Hastings, situated in the rolling Hastings Highlands south of Algonquin Park is dotted with 615 crystal clear lakes and cleft by the sparkling waters of the Crowe, York and Madawaska Rivers.  Compelling reasons to consider North Hastings:

  • A splendid four season recreational playground in the North Hastings tourism region.
  • A wide variety of activities for outdoor enthusiasts including: nature walks, cycling, hiking, canoeing, rafting, swimming at our beautiful beaches, ATV-ing or snowmobiling on our fabulous trail systems, world class luging, taking part in the educational mineral tours, fishing any of our well stocked lakes, sighting numerous types of wildlife in the area, including a growing herd of elk, or spending the summer in a waterfront cottage.
  • An excellent opportunity to work in a rural hospital and one of two established family health teams, the Bancroft Family Health Team or the North Hastings Family Health Team.  Both are located in close proximity to Quinte Health Care (QHC) North Hastings.


Our Commitment to You

Our commitment to personal attention will make you feel truly welcome in North Hastings:

  • The North Hastings Family Health Team has established turnkey offices so that you can focus on providing quality health care, not running a business.
  • The Bancroft Family Health Team has Family Practice openings and offers a comprehensive multidisciplinary service. QHC North Hastings Hospital is located in the beautiful town of Bancroft in a Health Care Campus that includes a 110 bed Long Term Care Facility, a Satellite Dialysis Clinic, Public Health office, CCAC on site, as well as other Community Care North Hastings in the building.
  • The QHC North Hastings Hospital offers flexible scheduling for Emergency Shifts, the ability for Physicians to manage their own inpatients, the opportunity to educate/mentor Medical Students from Queens University or the University of Ottawa, educational opportunities offered on site (ACLS, PALS, etc) as well as a highly trained and skilled group of nurses and support staff.




North Hastings is now part of the Rural Family Medicine Locum Program which entitles locums to travel reimbursement, daily stipends, and physician premiums.  For information:

Financial Incentives

  • Qualified medical graduates may be eligible for a financial support package of $150,000 with agreement for a five-year commitment to practice
  • New family doctors may receive $25,000/year for five years (total of $150,000) in return for operating a family medical practice in North Hastings
  • Additional incentives through the Northern and Rural Recruitment and Retention Initiatives, which provide up to $101,000 paid over 4 years
    Physicians that join the North Hastings Family Health Team are eligible for additional incentives Remuneration

The physicians in the North Hastings Emergency Department are paid through an AFA (Alternate Funding Arrangement). The rates of pay are as follows:

  • Regular shifts: $135 per hour
  • Weekends and statutory holidays: $150 per hour
  • Shadow billings: 25%
  • Shadow billings during summer months: 50%


For further information about relocating or starting a family practice in North Hastings:

Bree Ricketts-Gaber, Physician Recruiter, Quinte Health Care

Tel: (613) 332-2825 x 2600
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Northern and Rural Recruitment and Retention Initiatives:

Rural Family Medicine Locum Program:

Town of Bancroft

8 Hastings Heritage Way, P.O. Box 790
Bancroft, ON K0L 1C0

Phone: (613) 332-3331
Fax: (613) 332-0384

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