2017 Annual Mayor's Luncheon
VaughanEastSnapd.com and WoodbridgeSnapd.com
March 1, 2017
The City of Vaughan has undergone a tremendous transformation in the last seven years and is now at a turning point in its evolution. As one of the top places to live and do business in Canada, Vaughan is a city on the move.
Mayor Maurizio Bevilacqua's annual address at the Vaughan Chamber of Commerce Mayor's Luncheon highlighted the City's impressive progress and thriving economy. The message, to a sold-out crowd of a sold-out crowd of 800 business professionals - the largest event in the Chamber's history, was that Vaughan is rising and is being recognized on the national and international stage.
Vaughan continues to outpace Ontario and Canada in economic growth. In the last year alone, the City issued $1.148 billion in building construction permits, equaling over $3 million invested in the city every day. In addition, recent statistics from York Region reveal that employment in Vaughan increased from 2015 by more than 3.6 per cent or 7,262 additional jobs. Overall, the number of businesses grew to 11,370 with small business continuing to be a significant economic driver, making up 80 per cent of all the companies in this city.
Building on this momentum, the City's vision for the future is becoming a reality. Major city-building projects are being realized - a downtown core is rising from the ground, a state-of-the-art hospital is under construction and a subway is opening later this year. These are just some of the reasons why Vaughan is a place where people want to live, work, play and invest.