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Toronto Area's York Region

This page offers a variety of statistics and data markers related to Toronto Area’s York Region. It is for informational purposes only. The Regional Municipality of York assumes no responsibility for any errors and is not liable for any damages of any kind resulting from the use or reliance on the content, accuracy, currency or completeness of the information provided in any application or document.


57,000+
BUSINESSES


1,100
NEW BUSINESSES
Annual Average 2014 – 2023


630,000
LOCAL JOBS


750,000
LOCAL LABOUR FORCE
(Estimated 2024)


$71.8 BILLION
REAL GDP FOR YORK REGION
(2023)


1,260,000+
RESIDENTS


15,100+
POPULATION GROWTH
Annual Average (2014 – 2023)


238
DISTINCT ETHNICITIES


120
LANGUAGES SPOKEN


18
PUBLIC COLLEGES & UNIVERSITIES
(Within commuting distance)


13
FORTUNE 100 COMPANIES
WITH OPERATIONS IN YORK REGION


3 of GTA’S TOP 5
CORPORATE R&D SPENDERS HAVE MAJOR OPERATIONS IN YORK REGION


20%
OF GTA’S STEM & BUSINESS GRADUATES RESIDE IN YORK REGION


$7.6 BILLION 10-YEAR GROWTH INFRASTRUCTURE INVESTMENTS
(2024 Estimates)


$5.9 BILLION
IN TOTAL CONSTRUCTION VALUE
(2023)

Business Counts by Primary Sector

PRIMARY INDUSTRY SECTORS | 2-LEVEL NAICS # OF BUSINESSES
54 – Professional, Scientific and Technical Services 10,058
23 – Construction 6,742
44-45 – Retail Trade 5,247
62 – Healthcare and Social Assistance 5,056
Unclassified 4,476
81 – Other Services (Except Public Administration) 3,764
41 – Wholesale Trade 3,366
72 – Accommodation and Food Services 3,182
53 – Real Estate and Rental and Leasing 3,075
31-33 – Manufacturing 2,597
56 – Administrative and Support, Waste Management and Remediation Services 2,487
48-49 – Transportation and Warehousing 2,112
52 – Finance and Insurance 2,071
61 – Educational Services 837
51 – Information and Cultural Industries 679
71 – Arts, Entertainment and Recreation 503
55 – Management of Companies and Enterprises 294
11 – Agriculture, Forestry, Fishing and Hunting 213
Other: 22 – Utilities; 21 – Mining, Quarrying, Oil and Gas; 91 – Public Administration 75
GRAND TOTAL: 56,834

Source: Statistics Canada, CBC by Location, June 2023

Business Distribution

EMPLOYEE SIZE RANGE # OF BUSINESSES
Small Businesses (1-19) 50,791
Medium-sized Businesses (20-99) 5,073
Large-sized Businesses (100-499) 883
Very Large-sized Businesses (500+) 87
GRAND TOTAL: 56,834

Source: Statistics Canada, Canadian Business Count by Location, June 2023

Quarterly Population Growth

 

Source: York Region, Economic and Development Services

Vacancy & Availability Rates

INDUSTRIAL REAL ESTATE MARKET

 

Source: CoStar
Statistics Note: Industrial properties include flex building space

OFFICE REAL ESTATE MARKET

 

Source: CoStar
Statistics Note: Office building space at a minimum of 20,000 sq. ft.

Unemployment Rates

 

Source: Statistics Canada, Labour Force Characteristics, 3-month moving average, unadjusted for seasonality, NOC 2021, custom tabulation
*CMA – Census Metropolitan Area

NOTE: Due to the large volume of data in the unemployment rates graph it may not appear as intended on mobile devices. It is recommended to view this chart on a desktop browser.