Economic Development

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Economic Development

With the expected residential population to increase over 30 per cent in the next 10 years, there’s no questioning why people choose Georgina as a place to live, work and play.
 

Why invest in Georgina?

  1. Location proximity to urban cities and major highways
  2. Affordable properties
  3. Talented, trained workforce
  4. Appealing lifestyle on the lake
  5. Competitive incentives and investment ready Program
  6. Projected population growth

With the introduction of the Business Class Program and the Development Rebate Program, the office experienced a 10 per cent increase in inquiries and welcomed 30 new businesses in 2018. These gains are mirrored in the Regional Municipality of York’s 2018 employment survey, which showed that Georgina experienced a four per cent increase in employment.  

 

As the community’s needs grow, the office will continue to focus on sustainable growth and employment by targeting new business investment, enhancing the tourism industry, leveraging the economic impact of agriculture, food and agri-tourism and boosting investment readiness. Learn more about what the Economic Development and Tourism Division does.

 


Building Activity

The Town of Georgina is projected to grow to approximately 71,000 people by 2031. After significant growth in 2016, development is expected to continue at a stable pace. Below is a list of updates on building activity in the Town of Georgina as of March 2019.

Value of all ICI construction

2016: 12,300,000,

2018: 14,700,000

 

Average home price (March 2019)

Detached

Georgina: $577,899

York Region: $1,092,715

 

Semi-detached

Georgina: $500,025

York Region: $773,843


Economic Development and Tourism office: 905-476-4301 l ed@georgina.ca

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