Vaughan Economic Monitor  
Issue #5 - May 2019  
Artistic rendering of Mackenzie Vaughan Hospital, the first hospital in Canada to feature fully integrated "smart" technology, expected to open in 2020 on Jane Street between Highway 400 and Keele Street
The Vaughan Economic Monitor is a resource from the Vaughan Economic and Cultural Development Department that shares hard-hitting facts, figures and news related to economic, market and  business activities here in Vaughan. New issues are delivered bi-monthly.
In This Issue
Economic and Cultural Development: 2018 Year in Review
Home to more than 12,000 businesses employing more than 222,000 people each day, Vaughan is a a thriving, vibrant economy that continues to grow and remains a top business location in the Greater Toronto Area (GTA). The 2018 Year in Review publication highlights economic activity in the City of Vaughan and the Economic and Cultural Development programs and  initiatives which support business and job growth,  as well as  showcase the high quality of life and best in class destination attributes of Vaughan. The publication is complemented by a staff report , which was presented at the May 7 Committee of the Whole Meeting. 
Vaughan becomes the first Smart Gigabit Community in Canada
Mayor Maurizio Bevilacqua speaking at the smARTcities SALON event - part of the smARTcities - exploring the digital frontier art exhibition
The City of Vaughan becomes the first Canadian City to join the US Ignite Smart Gigabit Community Club (SGC), a non-profit organization seeking to advance the smart city movement.  "Vaughan is a great selection for us because [it is] committed to smart city success," said Glenn Ricart, principal investigator for the SGC effort. "For example, the new Mackenzie Vaughan Hospital will be Canada's first smart hospital and feature fully integrated smart technology systems and medical devices. That makes it a great complement to our other SGC communities."
Vaughan ranks 10th in Canada for value of non-residential building permits in 2018
According to recent data released from Statistics Canada on annual building permit data, Vaughan ranks 10th overall in the country for value of non-residential building permits in 2018. This includes industrial, commercial, and institutional permits. 

Vaughan ranks 13th overall by total value of all building permits, and ranks 17th in the country in terms of total population. 
Vaughan a top destination for corporate headquarters

Vaughan is a top choice for companies to locate their Regional or National headquarters. In the 2018 York Region Employment Survey, 184 companies identified Vaughan as either their Canadian or Regional headquarters. Notable companies with head offices in Vaughan include: Adidas Canada, NPL Canada, KPMG, Mircom Technologies Ltd. and Miller Thomson LLP, among many others.
Vaughan among industrial real estate leaders in the GTA
Colliers International's Greater Toronto Area Industrial Market and Industrial Statistics Reports from the fourth quarter of 2018 listed Vaughan as the fourth largest industrial market in the GTA which reported nearly 92 million square feet of total inventory, and more than 1.3 million square feet of new supply added in the quarter. 
Cranes mark the VMC skyline - Transit City rising
SmartCentres' and CentreCourt's Transit City development continues to take shape at the Vaughan Metropolitan Centre (VMC), located near the terminal station on the Yonge-University subway line. The first 55-storey three residential towers are all in varying phases of construction, and marketing has begun on the fourth residential tower, soon to be followed by a fifth.
Cortel Group announces final tower in the VMC
Rendering of CG Tower Source: CNW Group/Cortel Group
The fifth and final residential tower in the master-planned community of Cortel Group's Expo City, located in the Vaughan Metropolitan Centre (VMC) is expected to be completed in September of 2021. 

Located next to Nord Condos on Highway 7 east of Jane Street, the tower will be Vaughan's tallest at 60 storeys. This development will anchor an active urban community complemented by Edgeley Pond & Park - the largest city-owned park located in the heart of the Vaughan Metropolitan Centre (VMC).
City of Vaughan modernizes approach to International Partnerships
Taking the lead from research by Brookings Institution, the City of Vaughan has created a formal policy to guide the City's Cultural and Economic Partnership agreements with
external Organizations in order to support a results-driven approach to relationship-building;
city-building; and economic, tourism, arts and cultural development.
Vaughan-based leading organic agri-food manufacturer receives $575,000 in federal funding for scale-up and expansion
Riverside Natural Foods Ltd., a leading manufacturer of nutritional snack foods that are allergen friendly and safe for school, has received FedDev Ontario funding to enable the company to meet growing demand. The Vaughan facility underwent a 45,000-square-foot expansion and renovation and created 15 jobs which are helping the company to better reach new U.S. and international markets. 

York Region is home to over 270 food and beverage processing manufacturers and distributors, making it one of Canada's largest clusters. 
Connect with your business community through the Vaughan Business Café
Have you ever had a question that you wish you could ask another entrepreneur or business leader? Diverse connections are at the core of innovation and company growth. This is why the City of Vaughan is excited to announce a new way that entrepreneurs, small business owners and corporate partners can conn ect to ask questions, share ideas and form new professional relationships. 

Connect with business leaders and entrepreneurs in Vaughan: 
  • Join the online community and get matched with business experts
  • Find a mentor or strategic partner
  • Become a mentor and share your expertise
  • Engage and share ideas to help your business grow
City of Vaughan participates at Collision conference
Dubbed "North America's fastest-growing tech conference" by Inc., Collision is a technology conference that attracts more than 25,000 people from over 120 countries, making it one of the largest gatherings of entrepreneurs on the continent. It takes place from May 20 to 23, 2019 at Enercare Centre in Toronto. V aughan's Economic and Cultural Development department is supporting the York Region Tech Experience Pavilion and will be representing local firms.
facingNORTH Exhibition opens June 14 at o n the SLATE Gallery at Vaughan City Hall
Abraham Anghik Ruben, Into Greenland Waters (detail), Soapstone, 2019
recognition of National Indigenous History Month in June and National Indigenous Peoples Day on June 21, the Economic and Cultural Development department will launch the exhibition project facingNORTH: art | symbol | story, featuring several internationally applauded Inuit artists. It will run at the on the SLATE Gallery at Vaughan City Hall from June 14 to December 31.
Enviroplast partners with COSTI Employment Services to run job fair for upcoming Vaughan location
O n May 29th, renowned plastic recycling company Enviroplast will be holding a job fair  for its new facility in Vaughan. The fair will take place at COSTI Employment Services, located at 3100 Rutherford Rd., Suite 100. This full-day recruitment event is looking to fill positions including but not limited to Electro-mechanical technician, Mechanic, General Labourer, Production Supervisor, Extruder Operator, and Lab Technician.
Opportunity to hire no-cost co-op students
Are you looking for some help? Would you like to support our York Region teens to gain some real-world work experience? Here is a no-cost opportunity to hire high-school co-op students! 

Secondary schools in the York Catholic District School Board and York Region District School Board support co-op students in finding work to achieve hands-on skills, resume, and portfolio-building high school credits. The quality of their application, school attendance, interview with their co-op teacher, along with a resume, cover letter, and interview with the potential placement business determine acceptance into the co-op program for grade 11 or 12 student. Placements can be in a variety of sectors.

Co-op program terms run from September to January (Semester 1) and February to June (Semester 2). Summer terms run throughout the month of July. Interested community partners can submit a classified ad posting. Co-op teachers will peruse the database and will be in touch if a student match is established. Should no students come forward in a given semester, a match could still be made in subsequent semesters.
Learn more or 
Submit an ad posting
Participate in the 2019 York Region Employment Survey
The York Region Employment Survey is an annual Region-wide door-to-door survey of all businesses with a physical presence in the Region, including home- and farm-based businesses that may participate optionally online. The survey is intended to monitor the location and characteristics of businesses within York Region by collecting business details including company name, address, business activity and number of employees. This information is used to monitor local economic trends, analyze and market local business sectors, form business attraction and retention strategies, forecast future transit and other infrastructure needs and create and update business directories. Why take the survey?
  • Receive a free business listing in the York Region Business Directory
  • Discover opportunities for growing your company
  • Build business-to-business relationships with other York Region companies
  • Strengthen our local business economy
Learn more or take the survey online
Upcoming Business Events
Please find an up to date list of current events, seminars, and networking opportunities for businesses at or view a full calendar of all community business events by visiting the City's Event Calendar.

The City of Vaughan's Economic and Cultural Development department focuses on facilitating entrepreneurship, employment and investment opportunities, developing and promoting art and cultural experiences, as well as engaging thought leaders to generate insightful ideas, strategies and actions that drive economic, cultural and partnership investment. We work to make Vaughan a place where entrepreneurship, business, art and culture prosper and grow.

For more information, contact the City of Vaughan's Economic and Cultural Development team at 
905-832-8526 or visit our website at