Vaughan is rising into a world-class city
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Mayor Bevilacqua announces new investments in annual
luncheon
Building on this momentum, Vaughan’s vision for the future is becoming a reality. Major initiatives are being realized: a downtown core is rising from the ground, a state-of-the-art hospital is under construction and the subway is now open. These are just some of the reasons why Vaughan is a place where people want to live, work, play and invest.
QUOTE
“Vaughan is rising to its full potential as a world-class city. Our successes represent a strong economy, a destination of choice and a prosperous place to live. With a well-educated workforce, diverse population, access to foreign markets and favourable location, it is clear that Vaughan is the place to be to attract and retain job-creating opportunities and provide an unrivalled quality of life for citizens. We have an exciting, promising and unprecedented future on the horizon. Businesses and people are rallying around the Vaughan Metropolitan Centre and celebrating it as a marvel of urban planning and architectural design. We remain the first and only municipality outside of Toronto to be connected by the TTC subway. Our city leads with an employment growth rate of 3.5 per cent - far outpacing Ontario and Canada. The state of our city is strong and exceeding our most ambitious expectations. For our city, the best is yet to come!”
-Mayor Maurizio Bevilacqua
LEARN MORE
Vaughan is one of the best places to live and do business,
with a quality of life that is second to none. As the largest employment centre
in York Region, the City continues to excel in economic growth. With more than 11,940
businesses that employ more than 218,000 people, Vaughan is an epicentre of
development and entrepreneurial activity.
Mayor Maurizio Bevilacqua’s annual address at
the Vaughan Chamber of Commerce Mayor’s Luncheon highlighted the City’s remarkable growth in the last eight years. The
message, to a sold-out crowd of more than 800 business professionals - the largest event attendance in the Chamber’s 41-year
history - was that Vaughan has a thriving economy and the
future is bright.
National
and international job creators are choosing Vaughan as their destination of
choice. Telecon -
a leader in telecommunications infrastructure - is expanding its service offerings here in Vaughan, adding
up to 700 jobs for the city. This new $20-million investment supports Telecon’s
strategy to design, build and connect telecommunications infrastructure - and to remain a
Canadian leader in this ever-changing industry. Occupying a 135,000-square-foot
space, Telecon brings together ideas and individuals to help the company
maintain its competitive edge - like so many other companies that choose to do business in Vaughan.
Digital Realty - a company that owns and operates global data
centres across North America and Europe - will open its first Canadian data centre at the site
of the former Toronto Star printing plant. This 711,000-square-foot facility
represents a new $54-million investment here in Vaughan.
City-building remains a key focus. Metrolinx
recently announced that they agree there is a solid business case for the
creation of the Kirby GO Station. Highway 427 is breaking ground next month,
and in the coming years, residents and visitors will be able to drive up the
6.6-kilometre extension. And last week, the provincial government announced over
$21 million in new funding for Mackenzie Health. This follows a $2-million
investment by the Ontario Ministry of Health and Long-Term Care for Hospice
Vaughan, which will break ground on April 27. Health care and safeguarding the
human condition continue to be at the heart of Mayor Bevilacqua’s city-building
efforts.
Building on this momentum, Vaughan’s vision for the future is becoming a reality. Major initiatives are being realized: a downtown core is rising from the ground, a state-of-the-art hospital is under construction and the subway is now open. These are just some of the reasons why Vaughan is a place where people want to live, work, play and invest.
QUOTE
“Vaughan is rising to its full potential as a world-class city. Our successes represent a strong economy, a destination of choice and a prosperous place to live. With a well-educated workforce, diverse population, access to foreign markets and favourable location, it is clear that Vaughan is the place to be to attract and retain job-creating opportunities and provide an unrivalled quality of life for citizens. We have an exciting, promising and unprecedented future on the horizon. Businesses and people are rallying around the Vaughan Metropolitan Centre and celebrating it as a marvel of urban planning and architectural design. We remain the first and only municipality outside of Toronto to be connected by the TTC subway. Our city leads with an employment growth rate of 3.5 per cent - far outpacing Ontario and Canada. The state of our city is strong and exceeding our most ambitious expectations. For our city, the best is yet to come!”
-Mayor Maurizio Bevilacqua
QUICK FACTS
- Vaughan leads with an average employment growth rate of 3.5 per cent - outpacing the GTA, Ontario and Canada.
- Vaughan issued nearly $2 billion in building construction permits in 2017, equalling more than $5 million of construction activity invested in the city every day.
- In 2017, Vaughan saw the creation of more than 8,000 jobs, and since 2010, more than 55,000 jobs have been created in Vaughan.
- The number of businesses in Vaughan increased to more than 11,940 in 2017, up from 11,370 in 2016.
- Small firms comprise the largest share of businesses in Vaughan, accounting for 80 per cent of total businesses in 2017.
- The Vaughan Chamber of Commerce has hosted Mayor Bevilacqua’s annual luncheon for eight years.
LEARN MORE
- Mayor Bevilacqua’s webpage