The Provincial dollars supports a $96,000 investment by Thermogenics to build a second test bay and create five new jobs.
Major Investments
Newmarket creating $1 million fund to boost economic vibrancy and create community brand
The town is now creating a $1-million fund — drawn from existing reserves, not paid by taxpayers — to boost economic vibrancy by attracting companies and creating jobs, and to create a community brand.
Government of Canada supports expansion of services at ventureLAB
$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
York Region giving $1.08M boost to international, women-led businesses
The funding proposed would be over three years and would come from the region’s Innovation Investment Fund, which the region includes in its budget to support innovative projects on an application basis.
Smart mobility innovators here’s your chance! OVIN Demonstration Zone challenges launch in Markham and Vaughan
It is no secret that the way people and goods move is changing. From the transition to hybrid or fully-electric cars to better the environment or drone delivery to support hospital capacity, there is no shortage of examples of ways innovation is propelling sustainability in our communities and moving us forward.
Cologix completes 15MW data center in Markham
The facility utilizes free cooling and the company said the site features multiple physically separated Meet-Me-Rooms and fiber entrance vaults.
Canada to invest $23 million in Markham-based Edesa Biotech
This groundbreaking project aligns with Canada’s Biomanufacturing and Life Sciences Strategy and will support increased innovation, as well as world-class expertise and infrastructure for clinical trials.
Town of Georgina business park offers a rare location opportunity at the top of the GTA
More than half of Keswick Business Park’s 500 acres have already been snapped up by industrial, high-tech developers
Vaughan-based Macrodyne Technologies to invest $5 million; creating up to 25 new jobs
As part of this investment, the government is providing Macrodyne Technologies with $750,000 in funding through the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream of its Regional Development Program.
Coming soon to Metrie® – new flagship mill in Vaughan
The opening of the new Toronto mill reflects Metrie’s commitment to being North America’s most trusted millwork supplier.
OVIN to launch demonstration sites for automotive and mobility technologies in Markham and Vaughan
The OVIN Demonstration Zone will give Ontario small and medium-sized businesses real-world environments to pilot and demonstrate innovative automotive and mobility solutions, including electric vehicle technologies, shared and integrated mobility solutions, robotics, and connected and autonomous vehicle technologies.
Merry Electronics, Canada Computers to open head offices in Richmond Hill
Canada Computers is the nation’s largest Canadian-owned retailer of computers and electronics. Merry Electronics is a world-leading manufacturer of electroacoustic products, and specializes in the design and manufacture of earphones, headsets, assistive listening devices, and more.
Vaughan headquartered Kontrol Technologies selected by new customer in the USA for emission monitoring solutions
Kontrol Technologies is well positioned to provide emission monitoring solutions with a strong history and track record of servicing the oil, gas, cement, and petrochemical industries.
Federal government invests in Vaughan-based auto parts manufacturer, AMTB to bolster EV supply chain
“Canadian manufacturers are reaching their potential as they support Canada’s transition to a net-zero economy. Today, our government is investing in ArcelorMittal Tailored Blanks Americas Limited as it transitions its Concord facility to support a cleaner, more fuel-efficient future for the automotive sector while creating 65 good, skilled jobs.
Ontario advancing contract for Yonge North Subway Extension
The Advance Tunnel Contract includes designing the tunnels and building the launch and extraction shafts that will be used for the tunnel boring machines. It also includes the design and construction of headwalls for stations and emergency exit buildings. To deliver the new subway as quickly as possible, tunneling will begin first, followed by a separate contract to build the stations, rail and systems.
York U’s Markham Campus helps students hone skills in the real world
“The campus will offer students the competitive advantage of an experiential education designed to produce job-ready candidates,” says Gordon Binsted, deputy provost of Markham Campus.
York Region welcomes historic federal and provincial investment in broadband
Through the Region’s own dark-fibre network, operated and managed by YorkNet, we are building an affordable, reliable and sustainable network across York Region that also supports Regional operations and services.
Governments of Canada and Ontario invest over $48 million to bring high-speed internet access to more than 3,800 homes and businesses in York Region
This project is part of an existing partnership between Ontario and Canada. On July 29, 2021, the governments announced their partnership to support large-scale, fibre-based projects that will provide high-speed internet access to more than 280,000 rural and remote households across the province.
SHEIN Opens 170,000 sq ft. Warehouse and Office in Markham
SHEIN is a global fashion and lifestyle e-retailer committed to making the beauty of fashion accessible to all. We use on-demand manufacturing technology to connect suppliers to our agile supply chain, reducing inventory waste and enabling us to deliver a variety of affordable products to customers around the world.
Major New Business Investments in York Region: Discover Who They Are Now!
These new business investments and expansions in the Region’s tech, life science, and distribution sectors are a clear indicator that York Region is a location of choice to launch, scale, and tap into the talent pool and business opportunities available in the GTA.
Tech Investments, Jobs, and Tech Experts Collide in York Region’s #YRtech Pavilion at Collision
With the announcement of over $250 million in business investments and expansions, along with the creation of 800 jobs, new partnerships, and multiple startup pitch competitions, York Region’s #YRtech Pavilion was a big draw for those that came to check out the ‘Olympics of Tech’ in North America.
Vaughan Announces Next Phase of Vaughan Healthcare Centre Precinct
The move feels like a part of the bigger urban expansion happening in Vaughan. Nevo, who moved to country seven years ago from Israel, thinks the city is going to continue to build north.
Piramal Expansion is Beginning of New Chapter for Healthcare Company in Aurora
The new plant will allow Piramal to handle larger orders and, as a result, be able to welcome larger customers.
York Region to Highlight Significant Investments and Business Expansions at Collision Conference
As Canada’s second-largest tech hub, York Region’s pavilion at the Conference will host local municipal leaders and business partners who will make announcements over the three-day period about significant investments, business expansions, new partnerships and innovative projects across York Region.
Syntronic Opens Greater Toronto Area Design Center located in Markham
“Picking the GTA as a location for our design center was obvious. The region has some of Canada’s most exceptional talent backed by a strong university system.”
East Gwillimbury Welcomes Largest Employment Development in Town’s History
Loblaw Companies Limited and Choice Properties REIT that they are building an advanced logistics and distribution centre on Woodbine Avenue.
Choice Properties Real Estate Investment Trust and Loblaw Companies Limited Announce Industrial Development in East Gwillimbury
Loblaw intends to build a 1.2 million square foot, automated, multi-temperature industrial facility on part of the Property to add capacity and create new capabilities for the retailer.
2021 Year In Review // York Region Economic Development
On behalf of York Region Economic Strategy, I am pleased to present the 2021 Economic
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
Development Year in Review. This is an overview of economic development activities undertaken this past year, highlights of business news from across the Region, and important economic indicators showing the strength and resilience of our business community in response to the COVID-19 pandemic.
York Region’s New Investment Aims to Attract Global Tech Firms and Create New Jobs in the Region
Regional Municipality of York today announced a five-year, $1.5 million investment in ventureLAB’s Hardware Catalyst Initiative – a Canadian lab and incubator for hardware and semiconductor companies.
ventureLAB Receives $1.5 Million From Municipal Government to Expand Hardware, Semiconductor Incubator
ventureLAB has received $1.5 million from the Regional Municipality of York to expand its hardware and semiconductor-focused incubator.