york-region-economic-development-news-2015-january-june-edition

It’s a
“YES”
toYork!Page 11
It’s a
“YES”
toYork!Page 11
York Region Ranks as Best Region to Live
in Canada...Page 11
FedEx Breaks Ground on New Distribution
Centre in Vaughan, Creates 300 Jobs...Page 3
Mackenzie Health Richmond Hill Hospital
Launches Phase Two Innovation Unit...Page 5
25% of Canada’s Top 100 IT Solution Providers
Have a Presence in York Region ...Page 3
York Region Ranks as Best Region to Live
in Canada...Page 11
FedEx Breaks Ground on New Distribution
Centre in Vaughan, Creates 300 Jobs...Page 3
Mackenzie Health Richmond Hill Hospital
Launches Phase Two Innovation Unit...Page 5
25% of Canada’s Top 100 IT Solution Providers
Have a Presence in York Region ...Page 3
JANUARY - JUNE 2015 EDITION

FedEx Breaks Ground on 400,000
ft2
Automated Distribution Center in
Vaughan, Creating 300 Jobs
Source: yorkregion.com
MAY 2015 – Construction work is
under way for the 400,000-square-foot
distribution centre of FedEx Ground
which will be the largest FedEx Ground
small-package delivery facility and its first
automated facility in Canada. The hub
is projected to employ more than 300
people and will process 15,000 packages
an hour. The centre is expected to open
in Vaughan by August 2016.
Taiwanese Communications
Technology Company QNAP Opens
Canadian Office in Markham
Source: Computer Dealer News
MAR 2015 – Taiwanese network, storage
and virtualization technology company
QNAP announced the opening of its
Canadian office in Markham. “Where
other companies consider Canada as
‘USA North’ and try and service Canada
from US offices, QNAP boldly starts a
dedicated office,” the company said in
a statement. QNAP is headquartered in
Taipei, but has offices globally.
Harley-Davidson to Open Canadian
Subsidiary Headquartered in Vaughan
Source: blog.motorcycle.com
MAY 2015 – Harley-Davidson has
negotiated an early end to its Canadian
distribution deal and will launch a new
wholly-owned subsidiary early August,
based in Vaughan.
23 of Canada’s Top Tech Companies
are Headquartered in York Region With
Combined Revenue of $7.9B
Source: Branham Group Inc.
APR 2015 – ICT industry consultancy
the Branham Group released the 2015
list of Canada’s top tech companies.
23 of these are from York Region’s
municipalities of Markham, Richmond Hill
and Vaughan, representing a combined
revenue of $7.9B. Companies include
IBM Canada, OnX, Doxim, Compugen,
SMTC, Enghouse, Real Matters, Mircom,
Adastra, Illumiti, TeraGo, Redline
Communications, Complete Innovations,
SelectCore, Visual Defence, Nightingale
Informatix, NTG Clarity Networks,
Sangoma Technologies, VIQ Solutions,
Locus Systems, End to End Networks,
Insite Computer Group, Carbon60
Networks.
25% of Canada’s Top 100 IT Solution
Providers Have A Presence in
York Region
APR 2015 – One quarter of all Top 100 IT
Solution Providers, ranked by Computer
Dealer News magazine, have an office
in York Region (Markham, Vaughan,
Richmond Hill, Newmarket). Some of
the top IT Solution Providers on the list
headquartered in York Region include
Compugen, OnX, Soroc Technology,
FlexITy, United Connected Solutions and
Teramach Technologies.
Global IT Company SAP Offers
Canadian Data Centre in Markham to
Address Customer Privacy Concerns
Source: itbusiness.ca
MAY 2015 – A Data Centre in Markham,
hosted by CenturyLink, will host SAP
SuccessFactors data for new Canadian
customers and existing customers that
want to migrate. A Canadian-based
Data Centre could help SuccessFactors
broaden its customer base as some
sectors require data to be stored within
Canada in order to remain compliant.
COVER STORY
32 @ MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
WHAT’S INSIDE...WHAT’S INSIDE...
York Region Business Community Updates
York Region Economic Development News
York Region Economic Indicators

York Region Economy by the Numbers
York Region Economic Strategy Team
For more visit:
Publication Contact:
Nathan Allen
Regional Municipality of York, Economic Strategy
Web & Social Media Communications Coordinator
nathan.allen@york.ca
905-830-4444 ext. 71562
...3
...11
...14
...16
...19
Photo Credit: Town of Richmond Hill, Economic Development
York Region Business Community Updates
COVER STORY

Lenovo North America President
Tours Company’s New Canadian
Headquarters in Markham
JUN 2015 – Only two months into Aymar
de Lencquesaing’s appointment as the
new president of the North American
operations of Chinese computers and
technology giant Lenovo, the executive
made his first formal visit to Lenovo’s
Canadian headquarters in Markham,
to survey the landscape and meet with
customers.
Richmond Hill Based IT Firm FlexITy
Solutions Expands to Western Canada
Source: Winnipeg Free Press
JUN 2015 – Richmond Hill based Flexity
Solutions was selected to provide VoIP
telephony services to the City of Winnipeg
operations in the fall of 2013. It is now
opening a Western Canada head office
in Winnipeg that includes an $11-million
investment in a cloud-based computing/
data centre. The 5,000-square-
foot Winnipeg operation will be the
headquarters for further expansion across
Western Canada.
Manpower Q3-15 Employment Outlook:
Ontario’s “Strongest Hiring Prospects”
Reported in York Region
Source: Manpower
JUN 2015 – The survey shows
encouraging signs in Canadian Hiring
plans for Quarter 3, 2015. In Ontario, the
strongest hiring prospects are reported in
York Region, where the Outlook stands at
+23%. The Employment Outlook Survey
for the third quarter 2015 was conducted
by interviewing a representative sample
of 1,934 employers in Canada. Survey
participants were asked, “How do you
anticipate total employment at your
location to change in the three months to
the end of September 2015 as compared
to the current quarter?”
Government of Canada and CME
Host Manufacturing Roundtable in
Newmarket
Source: Government of Canada
FEB 2015 – To discuss the importance
of supporting the manufacturing sector
to drive Canada`s economy forward
officials from the Canadian government
and Canadian Manufacturers & Exporters
(CME) hosted a manufacturing roundtable
in Newmarket. Among others they
toured Palcam Technologies Ltd., one
of North America’s leading precision
components manufacturers that work
primarily in the automotive / aerospace
sectors.
ICT Cluster Synergy: Avaya
Acquires Richmond Hill Based
Esna to Accelerate Comms-Enabled
Applications
Source: Market Watch
MAY 2015 – Avaya Inc., with a Canadian
Head Office in Markham, announced it
has completed the acquisition of Esna
Technologies Inc., a provider of real-
time collaboration and communications
software, to accelerate the adoption of
communications-enabled applications
for both enterprises and midmarket
companies. This acquisition will enable
end-users to easily access multi-vendor
communications capabilities -- voice,
video, IM/presence, conferencing and
messaging -- from cloud-based business
applications.
Markham Based Tech Company Real
Matters Raises $60 Million in Capital to
Drive Growth
Source: TechVibes
MAY 2015 – Markham based Real
Matters, one of North America’s fastest
growing technology companies,
announced that it has secured an
additional $60 million in capital to
continue to drive its dynamic growth.
The company has leveraged its cloud-
based technology platform to become a
leading provider of property information
and insights to the real estate lending &
insurances markets. This game-changing
analytical platform is the key enabler for
Solidifi, the company’s next-generation
appraisal management solution.
Newmarket Headquartered AirBoss
Announces US Defense Contract
Worth up to $11.3M
Source: Market Wired
MAY 2015 – Newmarket based AirBoss, a
world leader in the design, development,
and manufacture of personal protective
equipment, has been awarded a contract
from the US Department of Defense for
up to 555,000 pairs of CBRN protective
gloves. This contract consists of a
base year and two option years’ worth
up to $11.3 million. Separately AirBoss
announced today that it has entered
into an agreement to acquire Immediate
Response Technologies, LLC, a privately-
owned US company that is a leading
provider of personal protection and
safety products for Chemical-Biological-
Radiological-Nuclear hazards.
Mackenzie Health Richmond Hill
Hospital Launches Phase Two
Innovation Unit
Source: Mackenzie Health
JUN 2015 – Mackenzie Health continues
to advance its Innovation Strategy with
the launch of Phase Two of the Innovation
Unit. The first project of the Mackenzie
Innovation Institute (Mi2) and a first-in-
Canada initiative, the Innovation Unit
features a unique integration of advanced
technology that transforms the delivery of
care. In the first phase, Mackenzie Health
implemented technologies such as ‘smart’
beds, ‘smart’ badges and communications
stations to create safer, more effective
patient care.
Aurora based Prime Data Receives
Canada Post Top Performer Award
Source: graphicartsmag.com
JUN 2015 – Canada Post has recognized
Aurora based Prime Data with a Top
Performer Award for Excellence in Direct
Mail Growth. The award was presented
at the recent Canada Post Expert Partner
Program Conference in Toronto. At the
event, Deepak Chopra, CEO of Canada
Post, said that Prime Data is “one of
the best, if not the best evangelist of
the power of mail in moving hearts.”
Markham Investment Firm Acquires
Leading US Audio Company
Source: newswire.ca
MAY 2015 – Tivoli Audio LLC, the iconic
high-performance audio company with
headquarters in Boston, MA and Utrecht,
Netherlands, announced that it has been
acquired by Markham based Serruya
Private Equity (SPE) to serve as its
flagship consumer electronics brand.
SPE is a leading investment firm with
a longstanding and successful history
of enhancing brands. SPE’s portfolio of
consumer brands has over $1.5 billion in
system-wide revenues.
500FO
REIGN COMPANI
ESWITHOPERA
TIONSINYORKR
EGION
Q
U
ICK
FACT:
of local residents are
45%
foreign born
DID YOU KNOW?
COVER STORY
For the full story visit: WWW.INVESTINYORK.CA/NEWS York Region Business Community Updates

Richmond Hill’s iSIGN Positions to
Supply Interactive Mobile Advertising
Solutions to Major Global Airports
MAY 2015 – iSIGN Media, a leading
provider of interactive mobile advertising
solutions, announced that Rich
Multimedia Technologies has signed a
reseller agreement to market and sell
iSIGN’s products and services to end
users located in airports throughout
North, Central & South America.
Markham Software Company Expands
European Market Presence with Italian
Acquisition
Source: sys-con.com
MAY 2015 – Markham headquartered
Enghouse Systems announced it has
acquired Reitek S.p.A for $6.2 million.
Based in Milan, Italy, Reitek is a leading
provider of omni-channel contact center
solutions for enterprises of all sizes,
including multinational corporations,
mostly serving the Italian market. Reitek’s
products are delivered on premise and in
the cloud and are distributed through a
reseller channel.
Exact Imaging Receives Federal
Government Investment, Creating 14
New jobs in Markham
Source: clinicaspace.com
APR 2015 – Exact Imaging, a leader in
high-resolution micro-ultrasound systems
enabling real-time imaging and guided
biopsies of the prostate, was chosen to
receive a $980,000 repayable contribution
from the Federal Economic Development
Agency for Southern Ontario (FedDev
Ontario).
Markham Based Everlink Payment
Services Releases New Mobile Fraud
Management Solution
Source: Everlink
APR 2015 – Markham based Financial
Technology company Everlink Payment
Services Inc. introduced its latest fraud
management solution called Lock’N’Block
- a mobile card block service that allows
cardholders to “lock” their interac debit
card to “block” unauthorized use. Everlink
has created a mobile application for credit
union and bank clients to integrate with
their mobile banking app. The process for
the cardholder to load the application on
their phone is very straight-forward and
convenient.
Teledyne Technologies Acquires
Vaughan Digital Imaging Firm
Source: Business Wire
APR 2015 – Teledyne Technologies
Inc. announced that its subsidiary,
Teledyne DALSA, Inc., acquired the
remaining minority interest in the parent
company of Vaughan based Optech Inc.,
(laser-based survey and digital imaging
instrumentation) bringing its ownership
interest to 100%.
Markham Headquartered IBM Canada
Voted Canada’s Most Attractive
Employer
Source: newswire.ca
APR 2015 – The votes have been tallied
and Markham HQ’d IBM Canada has
been named Canada’s Most Attractive
Employer, taking home this year’s
Randstad Award. The world’s largest
IT and consulting services company
was selected as part of an independent
survey of 9,516 workers and job seekers
between the ages of 18-65. 152 of
Canada’s largest companies were
ranked, and IBM was voted number one
in salary & employee benefits, career
progression opportunities, training and
long-term security.
Richmond Hill Based IT Firm
Compugen Launches US Operations
With New Texas Office
FEB 2015 – Richmond Hill base IT
company Compugen Inc. announced the
opening of its first U.S. branch office in
Houston, Texas. Compugen’s customers
who have operations in both Canada and
the U.S. are expected to benefit from
a trans-border portfolio of IT solutions
comprised of offerings around Managed,
On-Demand, Technical and Professional
Services. Compugen Houston will support
existing client relationships from Texas to
Alberta, British Columbia, and Ontario,
as well as new business relationships
fostered throughout North, Central and
South America.
Office Products Giant Staples Acquires
Vaughan-Based Promotional Products
Distributor
Source: Business Wire
APR 2015 – Staples Inc. and Golf
Town Canada Inc., announced that
they have reached an agreement for
Staples to acquire Accolade Promotion
Group (APG), a leading distributor of
promotional products in Canada.
Vaughan Based Tech Company Mircom
Group Expands in US With Recent
Acquisition
Source: Mircom Group
APR 2015 – Vaughan headquartered
intelligent building solutions company
Mircom Group announced A1 Fire
and Security in Hollywood, Florida
has become a wholly owned Mircom
Engineered Systems branch.
Mircom Engineered Systems Florida
complements other Mircom ES locations
throughout the US.
Markham Based Tech Company VIQ
Solutions Selected for Digital Court
Recording Project in Abu Dhabi
FEB 2015 – Markham based digital
media technology company VIQ Solutions
has been selected by Gulf Business
Machines (GBM) to provide enterprise
digital audio and video capture and
management for the Abu Dhabi Judiciary
Department in Abu Dhabi, United Arab
Emirates. The initial digital court recording
deployment will focus on the new Abu
Dhabi Court House complex.
Markham Based Jonas Premier
Software Expanding into Australia
Source: prweb.com
APR 2015 – Jonas Premier, a division of
Jonas Construction Software, announced
a partnership with a dealer network in
Australia. With Jonas Premier expanding
into Australia and establishing their
first client, Venn Constructions, they
are looking to grow within the Australia
construction industry.
Markham Based Tech Company
PCI Geomatics Signs Strategic alliance
in South Africa
Source: gisuser.com
MAR 2015 – Markham based PCI
Geomatics, a world leading developer
of remote sensing and photogrammetric
software and systems, announced a
Strategic Education Alliance Agreement
with Stellenbosch University in South
Africa. PCI Geomatics created the
alliance to promote cooperation and
knowledge exchange through strong
reciprocal relationships with top
educational institutions. Students will
develop practical examples of integrated
applications using Geomatica together
with other technology.

Markham IT Firm Terago Buying BC
Technology Company for $33M
Source: Financial Post
MAR 2015 – TeraGo Inc., a provider of
Internet connectivity and storage services
to businesses in Canada, announced that
it agreed to acquire Kelowna, BC based
RackForce Networks Inc. for $33M. The
purchase will help expand the Markham-
based company’s data centre and cloud
computing offerings, a fast-growing
and increasingly competitive market.
Canada’s Best Managed Companies
Show Strong Investment Mindset -
Five With a Presence in York Region
MAR 2015 – Deloitte announced the
winners of the 2014 Canada’s 50 Best
Managed Companies awards program,
including five York Region companies,
recognizing excellence in Canadian
owned and managed companies. Best
Managed companies have exhibited
exceptional business performance and
outstanding leadership in the Canadian
marketplace, sharing an investment
mindset that places them amongst the
best in class.
Newmarket Headquartered Allied
Global Expands With Acquisition of
Alliance iCommunications
Source: Everlink
MAR 2015 – Allied Global, a leading
service provider in the accounts
receivable management industry
headquartered in Newmarket announced
the acquisition of the Alliance
iCommunications call center based
in London, Ontario and South Bend,
Indiana.
UPS Canada Celebrates 40th
Anniversary at the Toronto Hub Facility
in York Region
Source: newswire.ca
MAR 2015 – Municipal and Federal
officials joined UPS Canada President,
Michael Tierney, to celebrate UPS
Canada’s 40th anniversary at the UPS
Toronto Hub facility in Vaughan.
Markham Headquartered Toshiba
Canada Introduces IT Services to
Canadian Businesses
Source: newswire.ca
JUN 2015 – Toshiba’s Digital Products
Group (DPG), a division of Toshiba of
Canada announced the launch of IT
Services designed to help Canadian
businesses meet their increasingly
complex technology demands. Powered
by IT Weapons, Toshiba IT Services
include Cloud Services, Data Protection,
Managed IT and Security, all of which
are designed to help optimize business
operations.
Vaughan Headquartered GFL to
Acquire Liquid Waste Collection
Operation in Vancouver
Source: newswire.ca
JUN 2015 – VAUGHAN, ON, June
10, 2015 – GFL Environmental Inc.
announced today that it has entered into
a definitive agreement to acquire 100%
of the shares of M&R Environmental Ltd.
M & R has been a market leader in liquid
waste collections in Canada’s third largest
market, Vancouver, for more than 20
years. The transaction was scheduled to
close on July 1, 2015.
Markham Based Software Company
Receives $500,000 Support via Ontario
Fund for Innovation and Investment
JUN 2015 – A software development and
mobile technology company in Thornhill
has been approved for a $500,000 loan to
launch a TrafficAlert software platform.
The company provides audio traffic
and weather reporting information
directly to consumers via smart enabled
devices. The company, Green Owl,
recently received an award from the
Southern Ontario Fund for Innovation
and Investment (SOFII) supporting the
launch of its software platform. “Our
growing and highly talented team of
20 is excited to be headquartered in
Markham...” said Matt Man, president &
CEO Green Owl Solutions. “The SOFII
program has provided support funding to
help the company grow our talent pool.”
Richmond Hill Duo Use Crowdfunding
to Create ‘The World’s Smartest
Toolbox’
Source: Financial Post
FEB 2015 – By definition, the most
popular projects and causes tend to
raise the most money. That got
noticed by two 26-year-old friends from
Richmond Hill, Ontario, Mike D’Agostini
and Christopher Engolo. Last year’s
most successful Kickstarter project, the
“Coolest Cooler,” set out to raise $50,000
to fund production and raised US$13.3
million. The Cooler’s success prompted
D’Agostini to update another tired
household product with Engolo. With the
aid of designers and engineers Engolo
arm-twisted into the project, they created
the Coolbox , which D’Agostini calls “the
world’s smartest toolbox.”
Markham’s CDI Computers Delivers
the Digital Classroom, 1:1 Learning,
to a Growing Number of US and
Canadian Schools
Source: prweb.com
FEB 2015 – CDI delivered more than
40,000 of its education-ready tablets to
students across the US and Canada in
2014 and plans to deploy 95,000 tablets
in 2015. CDI Computers, based in
Markham, is a North American leader in
digital classroom solutions.
Ford to Make Next-Gen ‘Supercar’ at
Markham, York Region Facility
Source: Toronto Star
FEB 2015 – Ford of Canada will make
its next generation GT ‘supercar’ at a
company in Markham, the automaker
announced Thursday, in a move that
could create “dozens of jobs.” Markham
based, Multimatic Inc. was chosen to
make the sleek, limited edition sports car
because of its expertise in carbon fibre,
Ford’s President of the Americas Joe
Hinrichs told reporters at the Canadian
International Auto Show.
Vaughan Headquartered Carillion
Agrees to Acquire Outland, a Canadian
Support Services Business
Source: newswire.ca
MAY 2015 – Today, Carillion Canada Inc.
(“Carillion”) a wholly owned subsidiary
of Carillion PLC, has announced that it
has agreed to acquire 100 per cent of
the share capital of Outland, a leading
provider of remote site accommodation
and associated services in Canada.
Outland provides a complete range of
remote site services across a wide range
of industries, such as mining, utilities,
forestry, oil and gas.
48,910local businesses in York Region,
Ontario’s 2nd largest business hub.
QUICK FACT:
DID YOU KNOW?
The average business size in
York Region is 16 employees.

It’s a “Yes” to York! York University to
Build a New State-of-the-Art Campus
in York Region
Source: York University
MAY 2015 – In partnership with the
Ontario government, The Regional
Municipality of York and the City of
Markham, York University will bring a new
21st century campus to the vibrant and
growing Markham Centre in collaboration
with Seneca College. In direct response
to increasing demand for high-quality
education in Ontario’s new economy, the
campus will offer professionally relevant
academic programs and workplace-based
learning opportunities to over 4,000
students.
With easy access to transit, major
employers and research hubs, York
University Markham Centre will be a truly
integrated urban campus. “Enhancing the
post-secondary and research presence
in York Region is a strategic priority for
us, and we look forward to this campus
becoming a reality,” said York Region
Chairman and CEO Wayne Emmerson,
as York Regional Council has committed
up to $25 million toward the facility.
York Region’s Economic Development
Office provided extensive support to
York University in the development of
a successful proposal to the provincial
government, to build a new university
campus to create an innovative
knowledge hub in York Region.
York Region Ranks as the Best Region
to Live in Canada
MAY 2015 – A new study by Toronto
based Mowat Centre -- an independent
University of Toronto public policy think
tank -- states that York Region residents
are living in the best part of Canada. York
Region scored higher than any other
place in the country in the report, which
scored communities on a number of
indicators such as unemployment,
post-secondary completion, disability,
obesity, poor mental health, high stress,
food insecurity and social assistance
rates.
“New Downtowns” Coming Alive in
Regional Centres and Corridors
Source: Regional Municipality of York
JUN 2015 – York Regional Council
received an update of efforts underway to
make Regional centres and corridors the
new downtowns. Growth is progressing
well, including 5,600 apartment units in 25
multi-storey residential buildings currently
under construction; 700,000 sqft of office
space under construction including the
KPMG Tower in the Vaughan Metropolitan
Centre and Aviva Canada’s new
head office in Markham Centre; 7,700
businesses supporting 112,000 jobs (25%
of all jobs Region-wide); and 6 kilometers
of rapidway now operating along Highway
7 in York Region.
ORION Point of Presence at Southlake
MAR 2015 – The Ontario Research and
Innovation Optical Network (ORION),
in partnership with Southlake Regional
Health Centre and the Regional
Municipality of York has established an
ORION Point of Presence at Southlake
that is connected via a 10Mbps optical
fibre link to another Point of Presence at
York University. ORION’s expansion into
the heart of York Region allows for the
development of a Regional Research,
Education and Innovation Network by
facilitating an ultra-high-speed connection
amongst Regional MUSH sector
stakeholders and to the world.
QUICK FACT:
There are 2,359 Exporters
in York Region, that do a
combined $19 Billion annually
in exports.
Invest in York Continues to
Facilitate New Business
Investments in York Region
Invest in York Continues to
Facilitate New Business
Investments in York Region
Working in collaboration with local municipalities and
external partners, York Region Economic Strategy’s
Business Development Advisors engaged dozens of
companies in the first half of 2015, to facilitate
businesses retention, expansion and attraction in
York Region.
Among the innovative York Region companies
supported by the Invest in York team in the first of a
2015 were Redline Communications, Inscape
Solutions, Pathways Communications, Enghouse
Systems, Green Owl Mobile, Sembul, Magna
International and Proto3000. Invest in York also
continued to facilitate foreign business investments
locally, including QNAP (network solutions, Taiwan),
Garaventa Lift (elevating equipment, Canada / Switzerland),
Acanto (software development, Brazil), and Nexeya
(aerospace / transportation technologies, France).
COVER STORYCOVER FEATURE
York Region Economic Development NewsFor the full story visit: WWW.INVESTINYORK.CA/NEWS

2015 MedEdge Summit: York Region
Can Become Leader in Medical
Innovation
Source: Richmond Hill Liberal
JUN 2015 – Keynote speaker Leerom
Segal, co-author of the New York Times
best selling The Decoded Company,
was the keynote speaker at the
MedEdge Summit, presented by the
Town of Richmond Hill, ventureLAB and
York Region. The summit has grown
exponentially in five years, VentureLAB
president and CEO Jeremy Laurin said.
York Region is uniquely positioned in
the MedTech environment as the place
for clinical and technical innovation with
a unique and collaborative life sciences
ecosystem.
York Region Home to Over 50% of Top
25 Neighbourhoods to Buy Real Estate
in the Greater Toronto Area
Source: MoneySense
APR 2015 – Over half of Greater Toronto
Area’s Top 25 Neighbourhoods to buy
real estate in are located in York Region
according to Money Sense magazine.
The magazine prepared a comprehensive
report to identify and rank neighborhoods
according to a variety of different
factors including schools, transits,
amenities, etc. where the best real estate
opportunities are in Canada.
Technology innovations from York
Region showcased at 2015 OCE
Discovery Conference
APR 2015 – York Region, along with its
partners ventureLAB, Seneca College,
York University as well as the private
sector, showcased at the 2015 OCE
Discovery conference some of the
latest technology innovations in York
Region. With 2,600 delegates and 300
domestic and foreign investors, OCE
Discovery is Canada’s leading innovation
to commercialization conference,
showcasing leading edge tech, best
practices & research in Ontario.
Five of the GTA’s Top 10 Secondary
Schools are in York Region
Source: The Fraser Institute
APR 2015 – Five of the Top 10 secondary
schools in the Greater Toronto Area are
in York Region according to the Report
Card on Ontario’s Secondary Schools
2015 prepared by The Fraser Institute.
The report collects a variety of
relevant, objective indicators of school
performance to provide comparison
amongst the performance of individual
schools. The Fraser Institute, a nonprofit
organization, conducts this study through
a rigorous review process.
Celebrating the 2015 York Region
Summer Company Entrepreneurs
Source: YSBEC
JUN 2015 – The 2015 Summer Company
program has officially launched!
Student entrepreneurs receive start-
up money to kick-off a new summer
business and advice and mentorship
from local business leaders to help
get the business up and running. This
is a great opportunity for students to
explore self-employment, develop
their entrepreneurial skills and make
money at the same time. 15 students
with businesses ranging from odd-jobs,
swimming instructors, fine art, mobile
detailing, pet care, home and office decor,
pressure washing and deck staining,
tutoring, tennis lessons, paintball gear,
stationery to an escape room!
New Artrepreneur Program Kicked Off
in York Region
Source: YSBEC
MAY 2015 – The new Artrepreneur
program kicked off May 6 at the
Richmond Hill Art School with an
interactive workshop facilitated by York
Small Business Enterprise Centre and
Vaughan Small Business Enterprise
Centre Consultants, Adam Kallio and
Raphael Costa, where Fellows were
guided through developing strong vision
and mission statements. Artrepreneur is a
program designed to equip independent
artists, arts businesses and collectives
in York Region with vital business skills
needed for success across all arts
disciplines and industries.
2nd Canadian Global Impact
Competition Hosted in York Region
MAR 2015 – The idea of the sky being
the limit is behind the Global Impact
Competition, which took place at
the Markham Civic Centre as five of
Canada’s brightest minds pitched their
ideas to improve the lives of Canadians
in a Dragon’s Den-style showdown. The
winner attends a highly competitive
10-week graduate studies program
worth $30,000 at Singularity University
in California’s Silicon Valley, where
participants examine ways technology
can create a better world.
York Region Festival Alliance
Receives $322,000 Ontario Trillium
Foundation Grant
JUN 2015 – The newly launched
York Region Festival Alliance plans to
capitalize on strength in numbers. A
branch of the York Region Arts Council,
the alliance was officially unveiled at
the Region’s administrative Centre in
Newmarket. The alliance will foster
the growth of the festival sector in
York Region through the creation and
implementation of a robust multicultural
festival and experiential tourism strategy
that benefits all nine municipalities in the
region.
3rd
Annual York Region Tourism
Summit Held in Township of King
MAR 2015 – On March 25, 2015 the
3rd
annual York Region Tourism Summit
was held at Cardinal Golf Club.
It was attended by over 100 tourism
industry operators and stakeholders, who
received presentations and participated
in discussions about local, regional and
provincial resources for developing and
promoting attractive tourism products and
experiences.
York Region Farm Fresh Guide
MAR 2015 – York Region in partnership
with the York Region Agricultural Advisory
Liaison Group (YRAALG) produced its
most comprehensive Farm Fresh Guide
Map to date; featuring 29 Farms and 12
Farmers’ Markets. The York Federation of
Agriculture, as well as, the municipalities
of East Gwillimbury, Markham, King,
Whitchurch-Stouffville and Georgina also
contributed to the development of the
map, which is available in three formats
including the centerfold of the 2015/2016
YorkScene Discovery Guide, a fold-out
pocket card, and PDF.
DID YOU KNOW?
Toronto-York Region TTC subway extension to
Vaughan Metro Centre (VMC) to be completed
by December 2017
8.6km
VAUGHAN
OF NEW TRACK
On average, there are 12,000
new jobs created in York Region
every year.
QUICK FACT:
For the full story visit: WWW.INVESTINYORK.CA/NEWS York Region Economic Development News

Q2 | 2015
Q4 | 2014
Q2 | 2014
Q4 | 2013
$15.41
$15.13
$15.07
$15.08
11.6%
11.4%
12.9%
11.7%
Q2 | 2015
Q4 | 2014
Q2 | 2014
Q4 | 2013
$5.65
$5.63
$5.76
$5.47
3.6%
4.3%
4.6%
4.9%
VACANCY
RATE
RENT
/ SQ. FTOFFICE SPACE
VACANCY
RATE
RENT
/ SQ. FTINDUSTRIAL SPACE
Employee Range # of Employers
31,623
94
276
537
1,081
3,094
4,615
7,590
SECTOR
DECEMBER
2014
5,364 | 11%
4,465 | 9%
3,805 | 8%
3,577 | 7%
3,509 | 7%
2,643 | 5%
2,487 | 5%
2,207 | 4%
1,709 | 3%
1,608 | 3%
613 | 1%
561 | 1%
550 | 1%
427 | 1 %
275 | <1%
27 | <1%
23 | <1%
20 | <1%
48,910 | 100%
2,185 | 4%
Construction
Retail Trade
Other Services (Except Public Administration)
Wholesale Trade
Healthcare & Social Assistance
Manufacturing
Accommodation & Food Services
Real Estate, Rental & Leasing
Transportation & Warehousing
Finance & Insurance
Educational Services
Management of Companies & Enterprises
Information & Cultural Industries
Arts, Entertainment & Recreation
Agriculture, Forestry, Fishing & Hunting
Mining, Quarrying, Oil & Gas Extraction
Utilities
Public Administration
TOTAL
Administrative & Support, Waste Management &
Remediation Services
Unclassified (New sector as of December 2014) 4,449 | 9%
Professional, Scientific & Technical Services 8,406 | 17%
Northern York Region
4,485
Southern York Region
29,561
OCCUPATIONAL CATEGORIES
Volume #
Q1 - Q2
2015
Volume %
Sales & Service Occupations 8,125
5,666
4,336
4,199
1,898
1,516
3,307
2,544
373
34,046
1,254
828
24%
17%
13%
12%
6%
4%
10%
7%
1%
4%
2%
Business, Finance & Administrative Occupations
Management Occupations
Natural & Applied Sciences & Related Occupations
Trades, Transport and Equipment Operators & Related Occupations
Occupations in Social Science, Education, Government Service & Religion
Occupations Unique to Processing, Manufacturing & Utilities
Health Occupations
Others
Occupations in Art, Culture, Recreation & Sport
Natural Resources, Agriculture & Related Production Occupations
TOTAL 100%
SUB-OCCUPATIONS
Total Volume
Q1 - Q2 | 2015
Computer & Information Systems Professional
Home Care Providers & Educational Support
Auditors, Accountants & Investment Professionals
Technical Occupations in Computer & Information Systems
Supply Chain Logistics, Tracking & Scheduling Co-ordination
2,259
1,810
1,521
1,400
1,325
1,243
1,074
1,062
1,042
1,033
994
982
960
853
817
Unclassified
Retail Salespersons
Customer & Information Services Representatives
Motor Vehicle & Transit Drivers
Administrative & Regulatory Occupations
Sales & Account Representatives - Wholesale Trade (Non-technical)
General Office Workers
Others
Managers in Financial & Business Services
Human Resources & Business Service Professionals
Permanent
Temporary
Contract
Internship (1%)
Co-op (0%)
86%
5%
8%
York Region Office / Industrial Rent & Vacancy Rate
Source: Cushman & Wakefiield (Industrial) & CBRE (Office)
Occupied Households by Type
Source: Planning & Economic Development, York Region | May 2015
York Region Population
Source: Planning & Economic Development, York Region
Number of Business Establishments by Sector
Source: Canadian Business Patterns 2014 | Total Number of Employers
Total Number of Establishments by Employee Range
Source: Canadian Business Patterns 2014
York Region Job Postings by Occupational Category / Sub-Occupations
Source: Wanted Analytics | June 2015
York Region Job Postings by Area / Type
Source: Wanted Analytics | June 2015
York Region Economic IndicatorsYork Region Economic Indicators
Population | Housing | Business Job Postings

Population & Regional Growth
Global Marketplace
Business Community
18 Canadian or global
headquarters of companies
with >$0.5B in revenue each
15 Fortune 100
companies have
operations in
York Region
of local residents are
45%
foreign born
$19 BILLION
Annual Exports
4,400
ICT firms, Canada’s
largest Information
& Communications
Technology industry
cluster per capita
1,600
Financial, Insurance &
Real Estate firms, 2nd largest
industry cluster after Toronto
2,3
59 Export
ers
with over 500 employees each
90employers
Life Sciences & Health
Technology firms &
ONTARIO’S largest
Local Health Integration
Network (LHIN)
3004,000
local manufacturers,
one of Canada’s largest
advanced manufacturing hubs
Green Business & Clean Technology
companies and a Global Smart Grid
Innovation hub
of the top 6 corporate
R&D spenders in the GTA
are headquartered in York Region
4,000+Full-time students in initial phase of
York University’s NEW Markham campus
10%
of Canada’s
fastest
growing
firmsCombined revenue -
Top 35 companies
$91B
of foreign companies operating in York Region are from the USA,
26% from Europe, 14% from Asia-Pacific
located in the heart of the
Greater Toronto Area (GTA),
Ontario, Canada
9 area municipalities
Toronto
Peel
Region
Durham
Region
Simcoe
County
York
Region
1.15
Million reside
nts
23,000 new residents in 2014
4 new downtown cores under development
1,700 acres | 135,000 new residents | 100,000 new jobs
st
1st In population growth
among Canada’s
largest municipal
census divisions
48,910local businesses in York Region,
Ontario’s 2nd largest business
hub after Toronto 97%
of local businesses are
small to medium sized
enterprises (SMEs)
construction value in 2014,
Ontario’s 2nd largest
residential construction market
after Toronto
$2.8B
53%
post-secondary graduates
majored in Business
Administration, Engineering
or Information & Computer
Sciences
70%
of York Region’s
population aged 25-64
have post-secondary
education
Most educated
workforce among
Canada’s largest
municipalities
#1
5
of the top 10 secondary schools
in the Greater Toronto Area
are located in York Region
$1B
annual impact
from Holland
Marsh Agriculture
Education
Population & Regional Growth | Global Marketplace
Business Community | Education

Jonathan Wheatle
Manager, Strategic Economic Initiatives
T. 905-830-4444 ext. 71583
E. jonathan.wheatle@york.ca
Charles Banfield
Policy & Planning Development Specialist
T. 905-830-4444 ext. 71520
E. charles.banfield@york.ca
Marnie Wraith
Policy & Planning Development Specialist
T. 905-830-4444 ext. 71492
E. marnie.wraith@york.ca
Lorraine Morgan
Web Content Specialist
T. 905-830-4444 ext. 75712
E. lorraine.morgan@york.ca
Adam Kallio
Small Business Consultant
T. 905-830-4444 ext. 71584
E. adam.kallio@york.ca
Jenifer Benakis
Small Business Consultant
T. 905-830-4444 ext. 71517
E. jenifer.benakis@york.ca
Pauline Nagelmakers
Small Business Assistant
T. 905-830-4444 ext. 71572
E. pauline.nagelmakers@york.ca
Strategic Economic Initiatives York Small Business Enterprise Centre
Robert Unterman
Manager, Investment & Marketing
T. 905-830-4444 ext. 71491
E. robert.unterman@york.ca
Gordon Scheel, CITP
Senior Business Development Advisor
T. 905-830-4444 ext. 71588
E. gordon.scheel@york.ca
Richard Franklin
Senior Business Development Advisor
T. 905-830-4444 ext. 77379
E. richard.franklin@york.ca
Nadia Sacco
Marketing Assistant
T. 905-830-4444 ext. 71552
E. nadia.sacco@york.ca
Seemal Saif
Economic Business Analyst
T. 905-830-4444 ext. 71598
E. seemal.saif@york.ca
Nathan Allen
Web & Social Media Communications Coordinator
T. 905-830-4444 ext. 71532
E. nathan.allen@york.ca
Doug Lindeblom
Director, Economic Strategy
T. 905-830-4444 ext. 71503
E. doug.lindeblom@york.ca
Diane Chase
Administrative Assistant
T. 905-830-4444 ext. 71512
E. diane.chase@york.ca
Investment & Marketing
York Region Economic Strategy Team

MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA
GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
THE REGIONAL MUNICIPALITY OF YORK
Economic Strategy Office
Planning & Economic Development
905.830.4444 x 71491
robert.unterman@york.ca
NEWMARKET
17250 Yonge Street, Newmarket, Ontario
Canada L3Y 6Z1
MARKHAM - INVEST IN YORK
15 Allstate Parkway - Suite 600, Markham, Ontario
Canada L3R 5B4
@
Free and confidential business services to support your business expansion.
Partner With York Region
Photo Credit: Town of Richmond Hill Economic Development

york-region-economic-development-news-2015-january-june-edition

Recommandé

Recommandé

Contenu connexe

En vedette

En vedette (9)

york-region-economic-development-news-2015-january-june-edition