April 22, 2004

York Region Business Directory provides business and employment trends, population and labour force analysis

NEWMARKET York Region recently released its 2004 Business Directory, containing thousands of business listings, plus information on Regional business and employment trends, and population and labour force analysis.
"The 2004 York Region Business Directory is a valuable resource for business-to-business contact," said Regional Chair and CEO Bill Fisch. "It also serves as a marketing tool, highlighting population and employment statistics, providing interested parties with area municipal economic development contacts and promotes the Region and its many diverse business sectors."
The Directory is based on information collected from the 2003 York Region Employment Survey, a door-to-door survey conducted in partnership with area municipalities with businesses located in selected employment areas in York Region.  This data was also supplemented with information obtained from previous Employment Surveys for businesses located outside the 2003 survey coverage areas or those that the Region was unable to contact in 2004.
"This Directory helps attract and supports businesses by providing local companies with a source of free advertising," said Markham Regional Councillor Frank Scarpitti, Chair of the Region's Planning and Economic Development Committee.  "The Regional economic overview within the Directory helps to build more global awareness of York Region's strengths as a destination to live, work and play."
Highlights of the Region's business and employment trends include:
 The number of businesses in York Region increased 2.8% annually between 1998 and 2003.  As of 2003, there were an estimated 26,000 businesses in the Region.
 Small businesses dominate the Region's business sector, with 83% of firms employing less than 20 people in 2003.  In addition, 69% of York Region firms are independently operated and not a branch, franchise or public-sector firm.  These figures highlight a strong entrepreneurial spirit in the Region.
 There were an estimated 415,0000 jobs in York Region in 2003.  By 2026, employment in York Region is expected to reach 696,000.
 Full-time employment accounts for the majority of jobs in York Region, with 79.1% of all jobs being full-time.  This is encouraging from the standpoint that full-time jobs are typically higher paying and more stable than part-time jobs.    /2
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 Recent employment growth in a number of industry sectors has contributed to the diversification of an already broad-based economy.  This diversification helps to insulate our economy from sectoral shifts in the business cycle.
The 2004 York Region Business Directory is currently available for sale electronically on CD-ROM at a cost of $175.00.  The print version, which costs $50.00, and on-line version available free of charge from the Region's Web site at www.region.york.on.ca will be available in early May. 
To order the Directory or other business publications, contact the York Region Planning and Development Services Department at (905) 830-4444 or 1-877-464-9675, Ext. 1550.
Contact:   Wendy Lewis, Corporate Communications Services, York Region
- (905) 830-4444 or (416) 297-9696, ext. 1238
- Email: wendy.lewis@region.york.on.ca

The Regional Municipality of York is committed to providing cost-effective, quality services that respond to the needs of our rapidly growing communities.  York Region is comprised of the following nine area municipalities:  Aurora, East Gwillimbury, Georgina, King, Markham, Newmarket, Richmond Hill, Vaughan and Whitchurch-Stouffville.  For more information, visit our Web site at:  www.region.york.on.ca

Contact: Patrick Casey, Senior Media Relations Specialist, York Region

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