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Key Industry Sectors in York Region

Located in the heart of the Greater Toronto Area (GTA), York Region is home to nearly 1.2 million residents, 600,000 jobs, and over 51,000 business establishments. As Ontario’s fastest growing large municipality and third largest business hub, York Region is a top destination in Canada for business, talent, and investment. Click on a sector below to learn more…

Clearbridge Mobile
  • 4,300+ Information Communications Technology (ICT) companies making it the highest technology sector concentration in Canada relative to population
  • 4 of Canada’s Top 10 ICT corporate R&D investors including IBM’s largest software development lab outside of USA
  • Recognized as “Canada’s largest Enterprise Solutions ICT cluser”
  • Highest concentration of tech workforce in Toronto-Waterloo
XE | Newmarket, York Region
  • Second largest financial services cluster in Ontario with over 1,800 firms
  • Over 42,000 finance and business services employees locally
  • York Region is tied with the City of Toronto for the highest number of finance and insurance companies per 1,000 residents in key Canadian hubs
  • York Region has the highest number of finance and insurance companies of the Greater Toronto 905 Area
Construction in York Region
  • The fifth highest in Canada and second highest total construction volume in 2016, totaling $4.76 billion
  • Ontario’s second highest volume of new home sales and building permits
  • Some of Canada’s largest mixed use development projects: Markham Centre, Vaughan Metropolitan Centre, Richmond Hill / Langstaff Area, and Newmarket Centre
  • 10,000 construction firms, real estate developers, engineering firms and trades contractors
Life Science in York Region
  • Over 300 life science and health tech firms
  • Over 1,500 physician offices, labs, clinics, and other health facilities
  • Three world-class hospitals with Canada’s first ‘smart’ hospital – Mackenzie Health Vaughan – now under construction
  • Hospital-embedded innovation and corporate collaboration centres: Mackenzie Innovation Institute (Mi2) and CreateIT Southlake
GM Canada | Markham, York Region
  • Canadian head office location of six global automotive firms
  • Head office and corporate R&D center of Magna International – North America’s largest auto parts supplier
  • Location of GM Canada’s Technical Software Centre – Markham Campus focusing on autonomous vehicles and automotive software development
  • Canada’s largest auto parts manufacturing cluster with 100 local manufacturers and 16,000 employees
  • Assembly location of the Ford GT ‘Supercar’ and Aston Martin AM-RB 001 ‘Hypercar’
Logistics Distribution
  • Major Toronto area warehousing and distribution hub – corporate and third-party
  • Over 130 local freight trucking and transportation logistics firms
Agri-food in York Region
  • Over 300 food processing and distribution businesses making it one of Canada’s largest clusters
  • Home to the Holland Marsh comprised of over 120 farms on 2,832 hectares of agricultural land with estimated $1 billion annual economic impact
YORK REGION'S KEY BUSINESS ADVANTAGES INCLUDE:
  • Unparalleled population growth: highest population growth rate of Ontario’s largest municipal jurisdictions
  • Major Toronto area business hub: 51,000+ businesses, 500 foreign subsidiaries, two of GTA’s four major business nodes, an average of 1,300 new businesses and 12,000 jobs added each year
  • Housing options: from detached homes to townhomes to high-rise urban condos, in one of the GTA’s most active and desirable real estate markets
  • Cost advantage: Lowest commercial property taxes in the GTA and competitive commercial real estate options
  • Strategic Toronto area location: Central access to Greater Toronto markets and workforce via 400-series highways, VIVA Bus Rapid Transit, and the Toronto-York Spadina subway extension (opens in December 2017)
  • Top talent: Third most educated workforce among Canada’s largest municipalities
  • Strong industry clusters: Includes the highest concentration of tech companies in Canada and second largest financial services cluster in Ontario
  • Unparalleled quality of life attracting top global talent: 50 of GTA’s Top 100 neighbourhoods and six of the Top 10 secondary schools are in York Region
CONNECT WITH AN EXPERIENCED BUSINESS ADVISOR
HOW CAN WE HELP YOU AND YOUR BUSINESS?
Robert Unterman, Manager - Investment & Marketing
Robert Unterman Manager, Investment & Marketing
Gordon Scheel, Senior Business Development Advisor
Gordon Scheel Senior Business Development Advisor
Richard Franklin, Senior Business Development Advisor
Richard Franklin Senior Business Development Advisor

Our team has tremendous exposure to best practices in use across all industries. York Link Business Advisors provide assistance or guidance with:

  • Talent recruitment focused on technology positions
  • Office location selection in one of our nine cities and towns
  • Federal & Provincial government financial incentive programs
  • Strategic connections with relevant industry partners and businesses
York Region Business Community NewsVIEW ALL
Aurora-Based Prollenium Medical Technologies Inc. Announces U.S. FDA Approval for its Cross-Linked Hyaluronic Acid Dermal Filler

ProlleniumAURORA, ONAug. 17, 2017 /CNW/ – Prollenium Medical Technologies Inc., a leading medical device manufacturer, announced today its United States (U.S.) Food and Drug Administration (FDA) approval for its cross-linked hyaluronic acid dermal filler. 

Full article: www.newswire.ca

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Vaughan-Based PSP Card Services and Planet Payment Launch Pay in Your Currency® and Multi-Currency Pricing

PSP SolutionLONG BEACH, N.Y. and VAUGHAN, Ontario, Aug. 16, 2017 (GLOBE NEWSWIRE) — PSP Card Services, a Canadian premiere payment processor, and Planet Payment, Inc. (NASDAQ:PLPM), a leading international and multi-currency payment processor, today announced the launch of Pay in Your Currency® and Multi-Currency Pricing to PSP’s portfolio of merchants in Canada.

Full Article: www.nasdaq.com

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Looking for support with your business expansion?WHAT WE OFFER
LOCATIONS

The Regional Municipality of York
Economic Strategy Office
17250 Yonge Street
Newmarket, Ontario, Canada
L3Y 6Z1

York Link
675 Cochrane Drive
East Tower – Suite 600
Markham, Ontario, Canada
L3R 0B8

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