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Economic Development

This category contains 28 posts

Pickering City Centre

In October 2018, a vision for Pickering’s City Centre was revealed. The downtown will be transformed with a new arts centre, a new library, a combined youth and senior centre, three condominium towers, and a hotel – all connected via pedestrian-friendly walkways. The City of Pickering, Pickering Town Centre (PTC), Cushman & Wakefield, and CAPREIT … Continue reading

Effects of Minimum Wage Hike

According to a recent Huffington Post article, Ontario’s Minimum wage hike didn’t kill jobs in Ontario. While some experts argue that minimum wage hikes do not negatively impact strong economies, others are not in agreement. When the minimum wage in Ontario was raised to $14/hr many experts believed it would harm job creation in the … Continue reading

Growth in Oshawa

According to the City of Oshawa’s 2018 Community Profile, Oshawa set 10 building records in one year and issued over $600M in building permits. Offering a capacity for 35,000 new residents, Oshawa is home to 3 thriving educational institutions – Durham College, UOIT and Trent University Durham – with a student population of more than … Continue reading

Equality and Economy

The McKinsey Global Institute (MGI) – named the number one private-sector think tank in the world – released a report on revitalizing the Canadian economy through gender parity. According to the report, The power of parity: Advancing women’s equality in Canada, progress in gender equality needs to advance from a social, moral and economic perspective. … Continue reading

Employer Incentive to Hire Youth

Employers that hire youth between January 1st and March 31st using E.O. services can receive a $1,000 retention incentive at 3-months and an additional $1,000 at 6-months. Thanks to the Ministry of Advanced Education & Skills Development (MAESD), the program is available through the Durham Region Unemployed Help Centre. We are accepting referrals for this … Continue reading

Amazon’s Right Choice

Durham Region is Amazon’s right choice for a bright future! In January 2018, Amazon announced the Toronto Region as a finalist for their second corporate headquarters. It is the only Canadian city to make the top 20. The Toronto Global Amazon HQ2 bid includes two Durham sites – the Carruthers Creek Business Area in the … Continue reading

Employing Young Talent

Over the next three years the government is investing more than $500M in new initiatives to promote economic growth and lower costs for small businesses. Through the Ministry of Advanced Education & Skills Development (MAESD) a new program effective January 1st, 2018 will assist employers who hire a youth (15–29) to work on average 20 … Continue reading

Toyota Plant Fuels Economy

Recently, Toyota Canada unveiled plans to invest $40M in a new distribution centre in Clarington. Toyota’s current distribution centre in Toronto will be replaced by a 30-acre parcel of land just north of Highway 401 in Clarington. The centre will handle Toyota’s distribution for Canada. According to Larry Hutchinson, President and CEO of Toyota Canada … Continue reading

Tourism on the Rise

The tourism sector accounts for almost one-tenth of all jobs in Canada. According to Statistics Canada, tourism accounted for about 1.8 million jobs in Canada in 2015, up 2.6% from 2014. Did you know that younger workers hold 1/3 of employee jobs in tourism and 1/4 of tourism sector jobs are held by immigrant workers? … Continue reading

Oshawa’s Interactive Map

The City of Oshawa has a new Interactive Tour of Growth and Investment. The tool is designed for developers and site selectors to track Oshawa’s growth and investigate Oshawa’s newest projects, whether just completed, under-construction, or in the pipeline. It is also a great place to learn about exciting new projects so that you can … Continue reading

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