York Region named one of Canada’s Best Locations to Invest

September 05, 2024
International recognition celebrates the significant potential of where talent and opportunity intersect

Newmarket – The Regional Municipality of York is ranked one of Canada’s top 20 locations to invest by Site Selection Magazine, a leading business publication covering corporate real estate and economic development.

“York Region is proud to be named one of Canada’s best places to invest for the second consecutive year,” said York Region Chairman and CEO Wayne Emmerson. “Through York Region’s commitment to economic vitality in our Corporate Strategic Plan and through the activities identified in the Economic Development Action Plan, together with our nine local cities and towns, we continue to create thriving conditions for existing and new businesses to grow and succeed.”

The ranking is based on criteria including corporate investment, job creation and positive impact of these investments for the entire community. The publication named specific new investment and expansion projects in the Town of Aurora, the City of Markham and the City of Vaughan, all contributing to York Region’s position as one of the best places to invest.

York Region is a top destination for business, innovation and talent and investing in business supports and services is integral to ensuring businesses and employees in York Region contribute to a strong economy.

Key business advantages reinforcing York Region as a destination of choice include:

  • Central location in the Greater Toronto Area
  • Multi billion-dollar transit and infrastructure investments
  • Home to the third-largest manufacturing sector in Ontario
  • Leading Canadian tech hub, with over 4,900 technology companies
  • Shovel-ready employment sites for new business opportunities
  • Innovation economy driver with highly educated labour force (73% have post-secondary education)
  • A mix of urban-suburban-rural lifestyle options across nine cities and towns

For more information on economic development in York Region, visit YorkLink.ca

The Regional Municipality of York consists of nine local cities and towns and provides a variety of programs and services to over 1.25 million residents and 57,000 businesses with more than 629,000 employees. More information about the Region’s key service areas is available at york.ca/RegionalServices

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Media Contact:

Stephanie Crowley, Corporate Communications, The Regional Municipality of York
Phone: 289-763-2598
Email: @email