New Jobs Created: Last year, we facilitated the creation of almost 2,500 direct new jobs in the Toronto Region, the most ever in the short five-year history of our organization. Importantly, these are high quality, net new jobs that typically pay above averages wages – adding to the prosperity and growth of our region.
New Capital Invested: As part of their expansion, those same global firms who expanded to Toronto invested nearly $640 million dollars into our regional economy – the highest 12-month total facilitated by Toronto Global, ever – 90 per cent higher than in 2020-21. You can see it in the sky – Toronto continues to have the most cranes in the sky of any North American city.
Investment in the 905: Almost 40 per cent of those jobs were created in the 905, in burgeoning clusters outside of the City of Toronto. Companies like Astera Labs, Autocrypt, and Outcast Foods located in strategic clusters across the GTA. It’s this alignment between local innovation ecosystems and talent pools with global firms seeking to expand their own innovative capacity that highlights the impact of our work.