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In partnership with the Region’s local cities and towns, the York Region Economic Strategy team provides complementary and confidential strategic “one-stop shop” support services for Canadian and international companies looking to setup operations in Toronto Area’s York Region, local entrepreneurs and established region-based businesses.

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York Link
  • Invest & Grow
    • Choose York Region
    • Startups & Innovation
      • Entrepreneurship & Innovation Fund
      • The Agri-Food Startup Program
      • Innovation Leadership Group
    • Small Business
      • Programs
        • Starter Company Plus
        • Summer Company
        • Professional Services (PSAP)
        • Tourism Fund
      • Market Research
      • Entrepreneur Resources
      • Contact YSBEC
    • Government Programs
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    • Employment Lands
    • Business Events
    • Signup to E-Newsletters
      • YR Business Update
      • YSBEC Newsletter
      • Agri-Food Newsletter
  • Sectors
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    • Automotive
    • Life Sciences
    • Agri-Food
    • View All Sectors
  • Talent
    • Talent Advantage
    • Lifestyle
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    • Find a Job
      • General Job Board
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  • OVIN RTDS
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York Region Business News



Explore an aggregated collection of business news, blogs, and press releases coming from the York Region business community.
People posing with oversized cheque

$1.7M provincial grant helping Newmarket firm protect jobs amid U.S. tariffs

6 March 2026

Exco Engineering has received $1,700,800 to help protect local jobs and restore critical supply chains to Ontario in the face of rising threats of U.S. tariffs on automotive tooling.

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Cheque ceremony at Eco Guardian

Ontario welcomes over $11.6 Million manufacturing investment by Eco Guardian in Aurora

2 March 2026

The Ontario government is welcoming an investment of $11,659,975 by Eco Guardian, a manufacturer specializing in eco-friendly, compostable food packaging solutions, to increase their domestic manufacturing capabilities and create 42 new, good-paying jobs in Aurora.

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Funding announcement group photo

Canada makes first RDII investments in Ontario with $15 million for CDL Defence and Aurora-based Wolf Advanced Technology

2 March 2026

Aurora-based Wolf, which was founded in 1999, develops rugged, high-performance embedded computing systems for aerospace and defence companies globally.

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Rendering of potential Walmart facility

Walmart acquires 85-acre Vaughan industrial development site

2 March 2026

After opening a distribution centre in the Greater Toronto Area city of Vaughan this past fall, Walmart Canada has acquired a large piece of industrial land not too far away and is planning another new facility.

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ventureLAB signs strategic agreement with Baiyun District.

ventureLAB signs strategic cooperation agreement to launch technology accelerator in Baiyun District

27 February 2026

ventureLAB has entered into a strategic cooperation agreement with Guangzhou Baiyun International Investment Development Co., Ltd (Baiyun International) to establish a technology business accelerator in Baiyun District.

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Scientists doing research

Ontario Investing $1.9 Million to Drive Local Research and Innovation in York Region

27 February 2026

The Ontario government is investing over $1.9 million in research projects at York University. As part of the government’s plan to protect Ontario, supporting homegrown research at York University will lead to groundbreaking discoveries and real-world applications.

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APR Beauty Building

APR Beauty: Action, Perfection, Revolution and a Fresh Start in Richmond Hill

26 February 2026

In 2025, APR Beauty relocated to a 100,000-square-foot refurbished facility in Richmond Hill, marking a significant milestone in its growth. The new site includes a 20,000-square-foot Research and Innovation Laboratory, expanding the company’s production and creative capabilities.

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Palcam received federal funding

Newmarket-based manufacturing firm, Palcam Technologies, gets $3.75M boost as part of federal auto strategy

19 February 2026

The federal government is providing a Newmarket manufacturer a $3.75 million boost as part of its efforts to strengthen the Canadian auto sector.

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Cence Power Team

How Cence Power is rewiring the future from Markham

19 February 2026

Recent advancements in DC power are creating new opportunities to rethink how we can distribute power more efficiently. Leading that charge is Bolis Ibrahim, President of Markham-based Cence Power.

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OVIN announcement

Ontario gives York Region its own autotech development site and $2.5M to help smaller companies test future products

12 February 2026

Ontario Economic Development, Job Creation and Trade Minister Vic Fedeli, York officials and York University announced the Regional Technology Development Site (RTDS), one of nine in the Ontario Vehicle Innovation Network, at a York Region Transit building in Richmond Hill last week.

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BuilderMatrix

Markham headquartered Constellation HomeBuilder Systems launches BuilderMetrix for Excel

12 February 2026

Constellation HomeBuilder Systems, announced the availability of BuilderMetrix® for Excel, a powerful add-on to BuilderMetrix.

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Stella AI

Markham headquartered Constellation HomeBuilder Systems announce Stella AI

12 February 2026

Constellation HomeBuilder Systems announced Stella AI, an enterprise-grade AI agent for homebuilders.

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Group shot at RTDS announcement

The Ontario Vehicle Innovation Network (OVIN) supports a nearly $70 Million investment to establish nine Regional Technology Development Sites across Ontario

9 February 2026

OVIN is investing $17.5 million to establish nine Regional Technology Development Sites that will catalyze the development, testing and commercialization of automotive, transportation, and mobility solutions.

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York University President and York Region Chair Sign MOU

York Region signs new partnership agreement with York University

5 February 2026

York Region and York University have signed a new five-year memorandum of understanding to deepen their partnership and create new learning opportunities for students.

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Merry Electronics

From Richmond Hill to the World: Merry Electronics Redefines the Sound of Innovation

30 January 2026

When you walk into Merry Electronics’ Canadian headquarters in Richmond Hill, you’re stepping into a place where the future of sound is being imagined.

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Axl Founding Team Partners with Compugen

Richmond Hill headquartered Compugen partners with AXL to support Canada’s AI commercialization

26 January 2026

The relationship gives Compugen and its customers direct access to top-tier AI talent, rapid prototyping, and a venture environment designed to move ideas toward commercial reality.

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