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Toronto Area's York Region

Key Economic Indicators for 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


616,000
LOCAL JOBS


1,300
NEW BUSINESSES

10-Year Annual Average


15,400+
POPULATION GROWTH

Annual Average (2012 – 2021)


1,200,000+
RESIDENTS


230
DISTINCT ETHNICITIES


120
LANGUAGES SPOKEN


18
PUBLIC COLLEGES & UNIVERSITIES

(within commuting distance)


$4.6 BILLION
10-YEAR NEW PUBLIC INFRASTRUCTURE INVESTMENTS


$5.1 BILLION
IN TOTAL CONSTRUCTION VALUE

(2021)


13
FORTUNE 100 COMPANIES
WITH OPERATIONS IN YORK REGION


3 of GTA’S TOP 5
CORPORATE R&D SPENDERS


700,000
LOCAL LABOUR FORCE

(Estimated 2022)


2,700
COMPANIES EXPORTING GOODS

(Estimated 2018)


$71.8 BILLION
REAL GDP FOR YORK REGION

(2023)


20%
OF GTA’S STEM & BUSINESS GRADUATES

reside in York Region

Business Counts & Distribution

BUSINESSES BY PRIMARY INDUSTRY SECTOR

PRIMARY INDUSTRY SECTORS
2-LEVEL NAICS
# OF BUSINESSES
54 – Professional, Scientific and Technical Services 9,974
23 – Construction 6,501
Other* 5,239
44-45 – Retail Trade 5,075
62 – Healthcare and Social Assistance 4,829
81 – Other Services (Except Public Administration) 3,679
41 – Wholesale Trade 3,387
72 – Accommodation and Food Services 3,002
53 – Real Estate and Rental and Leasing 2,857
31-33 – Manufacturing 2,552
56 – Administrative and Support, Waste Management and Remediation Services 2,431
52 – Finance and Insurance 2,081
48-49 – Transportation and Warehousing 2,076
61 – Educational Services 809
51 – Information and Cultural Industries 689
71 – Arts, Entertainment and Recreation 479
GRAND TOTAL: 55,660

* Agriculture, Forestry, Fishing and Hunting, Mining, Quarrying, Oil and Gas Extraction, Utilities, Management of Companies and Enterprises, Arts, Entertainment and Recreation, Public Administration, Unclassified
Source: York Region, Planning & Economic Development analysis by NAICs; Statistics Canada, CBC by Location, June 2022

BUSINESSES BY EMPLOYEE SIZE

EMPLOYEE SIZE RANGE # OF BUSINESSES
Small Businesses (1-19) 49,964
Medium-sized Businesses (20-99) 4,767
Large-sized Businesses (100-499) 851
Very Large-sized Businesses (500+) 78
GRAND TOTAL: 55,660

Statistics Canada, Canadian Business Count by Location, June 2022

Workers in different sectors

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.

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.

Business Community Interactive Tool