Here's how Stratford, Ont. aims to attract a younger population

Stratford is a city with renowned theatre productions and beautiful parks, but unfortunately the community is struggling to attract and retain a younger demographic, the city's mayor says.

"There's an abundance of opportunities. It's a high quality of life. It has the highest parkland per capita of anywhere in the country," he said on CBC Kitchener-Waterloo'sMorning Edition.

"We have great cultural institutions and opportunities. You are 40 minutes out of K-W and London. You're close to the action, if you need it. And if you really got to get to Toronto, we're an hour and a half away,"Mathiesonsaid.

"It's a great place to lay roots and start a family."

Not enough jobs

Mathiesonsaid because small cities like Stratford are "hollowing out" when it comes to jobs and servicessuch astransportation, specialized health care and social activities, young people are not inclined to stay.

"As we see regionalizationof government services and opportunity, we see them move out of smaller towns," he said.

"They'd say: 'Why would I stay here, what are the opportunities for me at my currentearning potential, age' and also, 'what is it going to be like for my kids?'"

"We have lots of quality of life," he said, referring to the city's chef school, theatre and parks. "But at the end, we have to make sure we have opportunity for young people and their family in the long-term."

Stabilizing taxes

According to Statistics Canada, the median age for Stratford is 45, while in Kitchener-Waterloo, it's 38, and in London, Ont. it's 40.

Mathiesonsaid a majority of Stratford's tax base is supported by manufacturing companies and it's not sustainable to have the cost of services fall strictly on residential taxpayers, which would drive up the cost of living.

"That of course... exacerbates your problem because young people don't have the ability to pay those taxes and then they look elsewhere," he said.

"You need to stop the cycle and start getting younger people in, it'll help job growth and commercial and industrial taxes,and therefore help your tax base stabilize," saidMathieson.

University part of the solution

In 2012, the city partnered with the University of Waterloo to create the Stratford School of Interaction Design and Business, which grew from 20 to 600 students enrolled.

International students make up a third of the program,Mathiesonsaid, which gives the city a broader immigration population.

"It allows us to have younger families and see a diversitywe're not use to, and gives them the idea to settle and start a business here," he said.

"All those things make a thriving community."

KalilMagtoto, a second year student attending the school from Thailand, said the city is "transitioning well" into the "next hub that caters to young people."

"The youth there is not big right now, I think we all know that," he said."But it's coming, that's what everybody agrees with."

Magtoto said with the university expanding,more public transportation and businesses coming in, Stratford is slowly turning into a city his peers want to live in.

"Personally if I was to recommend something else, it's just to do more of what it's doing but at a faster rate," he said.

"It's a difficult and expensive ask, but imagine if it was to introduce more of a night life, more housing for students and businesses catering toa younger audience."