Located on the Trent-Severn Waterway in the heart of the Kawartha tourism region, Peterborough's proximity to major markets in Canada and the north-eastern United States, combined with an effective transportation system that includes the largest commercial airport between Toronto and Ottawa, and a highway 401 access to the Greater Toronto Area, makes the City an unparalleled setting as a business location. Among the many of the businesses providing jobs in Peterborough are Pepsico Foods (Quaker), General Electric, FisherCast Global, Siemens Milltronics, Minute Maid, SGS Lakefield Research. Occupations containing the highest jobs in Peterborough are elementary occupations followed by managers and senior officials, and administrative and secretarial. According to industry, jobs in Peterborough are dominant in finance, IT, and other business activities followed by distribution, hotels and restaurants, and public administration, education and health. The quality of jobs on Peterborough is relatively positive with 68.4 percent of jobs in Peterborough being full-time and 31.6 percent of jobs being part-time.
Peterborough has a 2009 population of 74,600 and represents an unemployment rate of 9.7 percent.
Peterborough's economy is relatively successful in both national and regional terms. Although there is a lower than average level of qualifications, skills, and economic activity, there is a healthy level entrepreneurship and a higher level of jobs in Peterborough being knowledge-based.