October 18, 2007

York Region economy continues upward momentum


Economic and Development Review – Mid-Year 2007 highlights Region’s strengths


NEWMARKETThe Regional Municipality of York today released its Economic and Development Review – Mid-Year 2007, which provides information on regional development activity as well as economic and demographic trends.  The review helps the Region identify its strengths and plan accordingly for the future.


“York Region’s economic outlook for 2007 and early 2008 is very positive,” said York Region Chairman and CEO Bill Fisch.  “The Region continues to be a hub of business investment and housing development in Ontario.”


The review is a semi-annual report and analysis of several key economic and demographic indicators for York Region.  Highlights include:


“The review details York Region’s economic success and aids decision makers to devise strategies for managing growth,” said Town of East Gwillimbury Mayor James Young, Chair of the Region’s Planning and Economic Development Committee.  “We will be looking at housing affordability, employment levels and the Region’s competitiveness as an attractive place for business investment.”


Copies of the review will be circulated to the Region’s nine area municipalities, Chambers of Commerce, Boards of Trade, other business groups and key stakeholders.


To obtain copies of the Economic and Development Review – Mid-Year 2007, please call York Region’s Planning and Development Services Department at (905) 895-1231, ext. 1550 or toll-free at 1-877-464-9675, or send your request via email to strategicplanning@york.ca


For more information on The Regional Municipality of York and our services, or to obtain an online version of the Economic and Development Review – Mid-Year 2007, please visit www.york.ca


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Media Contact:         Jonathan MacMull, Corporate Communications, York Region

                                 Phone: 905 830-4444 or toll free 1-877-464-9675, ext. 1207

                                 Email: jonathan.macmull@york.ca

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