DID YOU KNOW?

•   Manufacturing space is in short supply with a vacancy rate of 0.1% compared to 0.4% in the Greater Toronto Area.

•   Manufactured goods accounted for more than two-thirds (68.4%) of Canada’s exports in 2020. Of that, Ontario accounts for just over half (52%) of the total value of manufactured goods exports. (Source: Statistics Canada)

•   In 2020, Toronto manufacturers paid approximately $196-million in industrial property taxes at a tax rate of 2.24% including education tax and other levies. (Source: Ministry of Municipal Affairs and Housing – Municipal Financial Information Returns, City of Toronto)

•   Key manufacturing industry clusters in the Toronto area include:

Food and beverage
Plastic and rubber
Textiles and apparel
Biomedical and pharmaceutical
Steel and steel products
Building materials
Automotive
Information & Communications Technology manufacturing