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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
  • “Canada’s largest enterprise Solutions ICT cluster” – Branham Group, 2013
  • 4 of Canada’s Top 10 ICT corporate R&D investorsIT Business, 2017
  • Highest concentration of tech workforce in Toronto-Waterloo Corridor, 9.2% of workforce in ICT – StatsCan
  • 20 of Canada’s Top 100 IT Solution Providers – Computer Dealer News
  • Home to global ICT giants such as IBM, AMD, Huawei, Qualcomm, Lenovo, SAP, Oracle, GE, Toshiba, Nokia, and Siemens
  • Home to leading Canadian tech companies and scale-ups such as CGI, OpenText, Compugen, Redline Communications, VIQ Solutions, Longview, Mircom, Real Matters, Spectra7, N-Dimension, and many others
  • Core ICT sector capabilities: enterprise networking and software, cloud computing, electronics design and manufacturing
XE | Newmarket, York Region
  • Second largest financial services cluster in Ontario with over 2,800 industry related businesses – 1,800 financial services and insurance firms and over 1,000 accounting businesses
  • Over 40,000 sector related jobs in York Region
  • Corporate and back office location for leading companies in the sector such as Allstate Insurance, Aviva Insurance, Bank of China, CIBC, Deloitte, E&I, HSBC, Grand Thornton, Johnson Insurance, KPMG, MNP, TD Insurance, TD Waterhouse, RBC KPI, State Farm, Scotiabank, and others…
  • Leading Canadian FinTech hub with over 50 companies including industry leaders such as XE.com, Real Matters, Everlink Payment Services, Ceridian Canada, Giesecke & Devrient, Paymentus, and others…
  • York Region has the highest number of finance and insurance companies of the Greater Toronto 905 Area
Construction in York Region
  • Second largest cluster in the GTA – $4.7 billion construcation value in York Region in 2016
  • Between 2014 and 2016, 10,000 new high-rise condo units sold in York Region, on par with all other GTA 905 regions combined. Plus 20,000 new low-rise homes sold, well ahead of any other GTA municipality
  • Four Provincially-designated urban growth centres in Markham, Vaughan, Richmond Hill, and Newmarket
  • Multi-billion dollar infrastructure investment projects including bus rapid transit and the Toronto-York subway extension
  • Industry cluster of over 10,000 trades, construction developers, real estate and consulting engineering firms
  • Canadian headquarters or major office locations of leading consulting engineering firms including AECOM, ARCADIS Canada, Black & McDonald, GHD, MMM, Stantec, URS, WSP, and WorleyParsons
  • Home to many of Canada’s leading construction, infrastructure, and real estate companies including Brookfield, Condrain, Flato, Greenpark, Liberty, Miller Group, Remington, and Smart Centres
Life Science in York Region
  • Over 300 life science and health technology firms in York Region
  • Home to 3 world-class hospitals with Canada’s first ‘smart’ hospital – Mackenzie Health Vaughan – now under construction
  • Local hospitals-affiliated innovation and accelerator programs include Mackenzie Innovation Institute (Mi2), ventureLAB health Ecosphere, and CreateIT Southlake
  • Home to global companies like Abbott, Alexion, Allergan, Astellas, Cardinal, Cerner, Danaher, Johnson & Johnson, Leo Pharma, Olympus Medical, PerkinElmer, Philips Healthcare, Smiths Medical, Teva, and Toshiba Medical
  • Many Canadian industry leaders such as Apotex, Amico Group, Prollenium Medical, Impopharma, and Platinum Naturals
  • Home to Ontario’s Largest Local Health Integration Network — Central LHIN — serving 1.8 million Greater Toronto Area residents
GM Canada | Markham, York Region
  • Top automotive cluster in the GTA with over over 100 auto tech and parts manufacturing companies
  • Canadian head offices of global automotive companies including BMW, Honda, Hyundai, Mazda, and Volvo
  • York Region is Canada’s largest auto parts and automotive electronics manufacturing cluster by number of employees with an estimated 16,000 local jobs – APRC, 2016
  • York Region companies export over $11 billion annually (est.) in transportation equipment
  • Home to the headquarters of Magna International, North America’s largest OEM auto parts manufacturer
  • Home to other auto parts manufacturing and engineering leaders including Martinrea, TS Tech, Co-Ex-Tec, Van-Rob, Autolove Electronics, MCC, Multimatic, and Novo Plastics
  • Location of GM Canada’s Software Development Centre – Markham Campus, which employs up to 750 engineers and staff focused on autonomous and connected vehicles R&D
  • Location of choice for high-end automotive assembly including the Ford GT ‘Supercar’ and the Aston Martin Valkyrie ‘ Hypercar’ at Multimatic Inc.
Logistics Distribution
  • Major Toronto area warehousing and distribution hub – corporate and third-party
  • Strategic location in the heart of the Greater Toronto Area (GTA) and a key highway corridor including the 404-DVP, 400, 427, and 407-ETR
  • York Region’s southwest boundary is only 12km (7.5mi) from Toronto Pearson International Airport
  • Over 20,000 local jobs in warehousing, distribution, transportation, and logistics
  • Over 500 industry related businesses in York Region
  • Home to over 100 corporate and third-party warehouses and distribution centers including Costco, FedEx Ground, Home Depot, Mobis Parts, Purolator, Serta-Simmons, Toys “R” Us, Sobeys, and UPS
  • Major GTA freight transport hub with over 120 trucking firms and home to major CN rail and CP rail intermodal terminals
Manufacturing in York Region
  • Canada’s fifth largest manufacturing cluster with 70,000 local jobs and over 2,700 manufacturers
  • $14 billion in annual manufacturing exports (est.) from York Region-based manufacturers
  • Key manufacturing industry verticals in York Region include auto parts, electronic and electrical products, building products, food products, and pharmaceuticals
  • Home of leading Toronto area manufacturers including Magna International, Mircom Group of Companies, Microart, Martinrea, Jeldwen, RuggedCom-Siemens, Showa, Teva, GE Grid IQ, Apotex, Amico, Gracious Living, and Allan Window Technologies
Agri-food in York Region
  • Over 250 food/beverage processing manufacturers and distributor businesses making it one of Canada’s largest clusters
  • Includes leading food processors and manufacturers such as Concord Confections, Arla Foods, Canada Bread, Silani Cheese, Smuckers, Sofina, Tootsie Roll, King Cole Ducks, Krinos, Treasure Mills, Summer Fresh Salads, Rubicon Food Products, La Rocca Create Cakes, Mars, Unico, and more…
  • Over 700 farm-based businesses across York Region
  • Home to the Holland Marsh comprised of over 120 farms on 2,832 hectares of agricultural land with estimated $1 billion annual economic impact
Map of GTA Regions
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'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: 56 of GTA’s Top 100 neighbourhoods and six of the Top 10 secondary schools are in York Region
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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