The Regional Municipality Of York

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York Region ranks within top 10 Canadian municipalities in growth and development



York Region grows by 20,500 people and 15,100 jobs in 2016

Newmarket – Development and population indicators highlighted in The Growth and Development Review 2016 report show York Region remains competitive and ranks within the top 10 municipalities in Canada in a number of key economic areas, including construction values and the housing market.

In 2016, York Region’s population grew by 20,500 people, increasing an estimated 1.8 per cent to 1,186,900. The Region’s economy also added 15,100 new jobs.

“York Region’s employment growth is outpacing the provincial and national averages, and we continue to demonstrate strong growth in population, construction and the housing market,” said York Region Chairman and CEO Wayne Emmerson. “This growth is providing jobs and housing opportunities, as well as encouraging new businesses, individuals and families to live and work in our thriving communities.”

Strong growth and development demonstrates York Region continues to be a place where people want to live and companies want to work and invest. Highlights include:

  • Residential building permits are up 11 per cent, indicating an increase in construction currently or soon to be underway
  • New residential development continues to include a mix of housing types, with 41 per cent single-detached and 59 per cent multiple unit dwellings, including row and apartment units
  • York Region remains a strong contributor to GTHA residential development activity, accounting for 26 per cent
  • Permits for large office, hotel and commercial buildings across the Region contributed to the approximate five per cent increase in Industrial, Commercial and Institutional construction values
  • Total construction values increased 22 per cent to $4.76 billion, the highest value ever recorded in York Region, driven largely by the increase in residential construction

All municipalities experienced population growth in 2016 with the City of Vaughan and City of Markham and the Town of Richmond Hill recording the greatest increase.

As resale and new home prices in the Greater Toronto and Hamilton area continue to rise, affordable housing continues to be a challenge. York Region’s Affordable Housing Measuring and Monitoring Guidelines, the 10-Year Housing Plan and the York Region Local Municipal Housing Working Group are helping to address this issue by encouraging a mix of housing choices for residents.

The Regional Municipality of York consists of nine local cities and towns, and provides a variety of programs and services to almost 1.2 million residents, 50,000 businesses and 595,000 employees. More information about the Region’s key service areas is available at york.ca/regionalservices

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Media Contact:

Tamara Ostrowski, Corporate Communications Advisor
The Regional Municipality of York
Phone: 1-877-464-9675, ext. 71226
Cell: 905-251-6415
Email:  tamara.ostrowski@york.ca

York Region; Top Ten; Growth and Development The Regional Municipality of York en-US Media Release