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York Region has very strong industry clusters and is home to nearly 1.2 million residents, 620,000 jobs, and over 52,000 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.


Clearbridge Mobile
  • 4,300+ Information Communications Technology (ICT) companies making it the highest technology sector concentration in Canada relative to population
  • 6 of Toronto Area’s Top 10 ICT corporate R&D investors – Re$earch InfoSource
  • “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 2,900 industry related businesses – 1,900 financial services and insurance firms and over 1,000 accounting businesses
  • Over 40,000 sector related jobs in York Region (est.)
  • 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 – $3.9 billion construction value in York Region in 2017
  • Since 2014, 45,000 new homes were sold in York Region including over 18,000 high-rise condo units; second only to the City of Toronto in the GTA
  • 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, AE Engineering, ARCADIS, Black & McDonald, GHD, Morrison Hershfield, MMM, Stantec, URS, WS, 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 Now Southlake
  • Canada offers the most generous R&D tax credits in the G7, resulting in the lowest costs in R&D intensive sectors
  • 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 120 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 (est.) – APRC, 2016
  • Corporate HQ location of Magna International, North America’s largest auto parts manufacturer, and other auto parts manufacturing and engineering leaders including TS Tech, Co-Ex-Tec, Van-Rob, Autoliv Electronics, Martinrea, MCC, Multimatic, Showa, and Novo Plastics
  • Home to GM’s Canadian Technical Centre markham Campus – Canada’s largest software R&D and innovation hub for autonomous and connected vehicles
  • Other auto sector IT companies include CIeNET, Lync, Applanix, Dealer-FX, and others.
  • York Region companies export over $11 billion annually (est.) in transportation equipment
  • 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 with over 1,500 industry related businesses
  • 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 1,500 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, Longo’s, and UPS
  • Major GTA freight transport hub with over 1,200 trucking firms and home to major CN rail and CP rail intermodal terminals
Manufacturing in York Region
  • Canada’s fifth largest manufacturing cluster with 80,000 local jobs and over 2,600 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, to name a few
Agri-food in York Region
  • Over 270 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
  • 2016 Agriculture Census Data for York Region
Looking for support with your business expansion?CONTACT US

The Regional Municipality of York
Economic Strategy Office
17250 Yonge Street
Newmarket, Ontario, Canada
L3Y 6Z1

York Link
169 Enterprise Boulevard
Markham, Ontario, Canada
L6G 1B3

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