york region economic development publication jun 2015
TRANSCRIPT
It’s a “YES”
to York!Page 11
It’s a “YES”
to York!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 JobsSource: yorkregion.comMAY 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 MarkhamSource: Computer Dealer NewsMAR 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 VaughanSource: blog.motorcycle.comMAY 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 $7.9BSource: 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 RegionSource: Computer Dealer NewsAPR 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 ConcernsSource: itbusiness.caMAY 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
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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 AllenRegional Municipality of York, Economic StrategyWeb & Social Media Communications [email protected] ext. 71562
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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 MarkhamSource: Computer Dealer NewsJUN 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 CanadaSource: Winnipeg Free PressJUN 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 RegionSource: ManpowerJUN 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 NewmarketSource: Government of CanadaFEB 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 ApplicationsSource: Market WatchMAY 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 GrowthSource: TechVibesMAY 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 $11.3MSource: Market WiredMAY 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 UnitSource: Mackenzie HealthJUN 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 AwardSource: graphicartsmag.comJUN 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 CompanySource: newswire.caMAY 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.
500 F
OREIGN COMPANIES WITH OPERATIONS IN YORK REGIO
N QUIC
K FACT:
of local residents are 45%
foreign born
DID YOU KNOW?
COVER STORY
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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 AirportsSource: Market WiredMAY 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 AcquisitionSource: sys-con.comMAY 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 MarkhamSource: clinicaspace.comAPR 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 SolutionSource: EverlinkAPR 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 FirmSource: Business WireAPR 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 EmployerSource: newswire.caAPR 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 OfficeSource: Market WiredFEB 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 DistributorSource: Business WireAPR 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 AcquisitionSource: Mircom GroupAPR 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 DhabiSource: Market WiredFEB 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 AustraliaSource: prweb.comAPR 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 AfricaSource: gisuser.comMAR 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.
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For the full story visit: WWW.INVESTINYORK.CA/NEWS York Region Business Community Updates
Markham IT Firm Terago Buying BC Technology Company for $33MSource: Financial PostMAR 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 RegionSource: Market WiredMAR 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 iCommunicationsSource: EverlinkMAR 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 RegionSource: newswire.caMAR 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 BusinessesSource: newswire.caJUN 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 VancouverSource: newswire.caJUN 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 InvestmentSource: yorkregion.comJUN 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 PostFEB 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 SchoolsSource: prweb.comFEB 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 FacilitySource: Toronto StarFEB 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 BusinessSource: newswire.caMAY 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.
48,910 local 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.
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For the full story visit: WWW.INVESTINYORK.CA/NEWS York Region Business Community Updates
It’s a “Yes” to York! York University to Build a New State-of-the-Art Campus in York RegionSource: York UniversityMAY 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 CanadaSource: yorkregion.comMAY 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 CorridorsSource: Regional Municipality of YorkJUN 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 SouthlakeSource: Regional Municipality of YorkMAR 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 RegionWorking 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).
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York Region Economic Development NewsFor the full story visit: WWW.INVESTINYORK.CA/NEWS
2015 MedEdge Summit: York Region Can Become Leader in Medical InnovationSource: Richmond Hill LiberalJUN 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 AreaSource: MoneySenseAPR 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 ConferenceSource: Regional Municipality of YorkAPR 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 RegionSource: The Fraser InstituteAPR 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 EntrepreneursSource: YSBECJUN 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 RegionSource: YSBECMAY 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 RegionSource: yorkregion.comMAR 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 GrantSource: yorkregion.comJUN 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 KingSource: Regional Municipality of YorkMAR 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 GuideSource: Regional Municipality of YorkMAR 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 TRACKOn average, there are 12,000
new jobs created in York Regionevery year.
QUICK FACT:
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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%
VACANCYRATE
RENT/ SQ. FTOFFICE SPACE
VACANCYRATE
RENT/ SQ. FTINDUSTRIAL SPACE
Employee Range # of Employers
31,623
942765371,0813,0944,6157,590
SECTORDECEMBER
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%
ConstructionRetail TradeOther Services (Except Public Administration)Wholesale TradeHealthcare & Social AssistanceManufacturingAccommodation & Food Services
Real Estate, Rental & LeasingTransportation & WarehousingFinance & InsuranceEducational ServicesManagement of Companies & EnterprisesInformation & Cultural IndustriesArts, Entertainment & RecreationAgriculture, Forestry, Fishing & HuntingMining, Quarrying, Oil & Gas Extraction
UtilitiesPublic 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 Region4,485
Southern York Region29,561
OCCUPATIONAL CATEGORIES
Volume #Q1 - Q2
2015Volume %
Sales & Service Occupations 8,1255,6664,3364,199
1,8981,516
3,3072,544
37334,046
1,254828
24%17%13%12%
6%4%
10%7%
1%
4%2%
Business, Finance & Administrative Occupations
Management Occupations
Natural & Applied Sciences & Related OccupationsTrades, Transport and Equipment Operators & Related Occupations
Occupations in Social Science, Education, Government Service & ReligionOccupations Unique to Processing, Manufacturing & UtilitiesHealth OccupationsOthersOccupations in Art, Culture, Recreation & SportNatural Resources, Agriculture & Related Production OccupationsTOTAL 100%
SUB-OCCUPATIONSTotal VolumeQ1 - 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 RateSource: Cushman & Wakefiield (Industrial) & CBRE (Office)
Occupied Households by TypeSource: Planning & Economic Development, York Region | May 2015
York Region PopulationSource: Planning & Economic Development, York Region
Number of Business Establishments by SectorSource: Canadian Business Patterns 2014 | Total Number of Employers
Total Number of Establishments by Employee RangeSource: Canadian Business Patterns 2014
York Region Job Postings by Occupational Category / Sub-OccupationsSource: Wanted Analytics | June 2015
York Region Job Postings by Area / TypeSource: Wanted Analytics | June 2015
1514 @ MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
York Region Economic IndicatorsYork Region Economic IndicatorsPopulation | Housing | Business Job Postings
1716 @ MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
Population & Regional Growth
Global Marketplace
Business Community
18 Canadian or globalheadquarters of companies with >$0.5B in revenue each
15 Fortune 100companies have operations in York Region
of local residents are 45%
foreign born
$19 BILLIONAnnual 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 Toronto2,3
59 Exporters
with over 500 employees each
90 employers
Life Sciences & Health Technology firms & ONTARIO’S largest
Local Health Integration Network (LHIN)
300 4,000local 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-Paci�c
located in the heart of the Greater Toronto Area (GTA), Ontario, Canada
9 area municipalities
Toronto
Peel Region
DurhamRegion
Simcoe County
York Region
1.15 M
illion residents
23,000 new residents in 2014
4 new downtown cores under development 1,700 acres | 135,000 new residents | 100,000 new jobs
st1st In population growth
among Canada’s largest municipal census divisions
48,910 local 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
$1Bannual impactfrom Holland Marsh Agriculture
Education
York Region Economy by the NumbersPopulation & Regional Growth | Global Marketplace
York Region Economy by the NumbersBusiness Community | Education
Jonathan WheatleManager, Strategic Economic InitiativesT. 905-830-4444 ext. 71583E. [email protected]
Charles BanfieldPolicy & Planning Development SpecialistT. 905-830-4444 ext. 71520E. [email protected]
Marnie WraithPolicy & Planning Development SpecialistT. 905-830-4444 ext. 71492E. [email protected]
Lorraine MorganWeb Content SpecialistT. 905-830-4444 ext. 75712E. [email protected]
Adam KallioSmall Business ConsultantT. 905-830-4444 ext. 71584E. [email protected]
Jenifer BenakisSmall Business ConsultantT. 905-830-4444 ext. 71517E. [email protected]
Pauline NagelmakersSmall Business AssistantT. 905-830-4444 ext. 71572E. [email protected]
Strategic Economic Initiatives York Small Business Enterprise Centre
Robert UntermanManager, Investment & MarketingT. 905-830-4444 ext. 71491E. [email protected]
Gordon Scheel, CITPSenior Business Development AdvisorT. 905-830-4444 ext. 71588E. [email protected]
Richard FranklinSenior Business Development AdvisorT. 905-830-4444 ext. 77379E. [email protected]
Nadia SaccoMarketing AssistantT. 905-830-4444 ext. 71552 E. [email protected]
Seemal SaifEconomic Business AnalystT. 905-830-4444 ext. 71598E. [email protected]
Nathan AllenWeb & Social Media Communications CoordinatorT. 905-830-4444 ext. 71532E. [email protected]
Doug LindeblomDirector, Economic StrategyT. 905-830-4444 ext. 71503E. [email protected]
Diane ChaseAdministrative AssistantT. 905-830-4444 ext. 71512E. [email protected]
Investment & Marketing
1918 @ MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
York Region Economic Strategy Team
MARKHAM | VAUGHAN | RICHMOND HILL | NEWMARKET | AURORA
GEORGINA | WHITCHURCH-STOUFFVILLE | EAST GWILLIMBURY | KING
THE REGIONAL MUNICIPALITY OF YORKEconomic Strategy Office
Planning & Economic Development905.830.4444 x 71491
NEWMARKET17250 Yonge Street, Newmarket, Ontario
Canada L3Y 6Z1
MARKHAM - INVEST IN YORK15 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