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SUBWAY CONSTRUCTION IS COMING TO VAUGHAN! ROAD CLOSURES STARTING THIS SUMMER Article courtesy of: Toronto-York Spadina Subway Extension A new subway station is coming to Vaughan! Late in 2015 you will be able to Ride the New Rocket between York Region and the City of Toronto. The Toronto-York Spadina Subway Extension will start construction this summer at Highway 7, west of Jane St., in the future development area of the Vaughan Metropolitan Centre. Construction of the new subway Station at Vaughan Metropolitan Centre The new subway station will be built at Millway Ave. at Highway 7. You will notice that we will be installing fencing, building traffic detours and making changes to roads in this area to make room for a large construction site. Millway Avenue to be Closed - Summer 2011 to 2014 Access to Millway Ave. is required for long term station and tunnel construction. Millway Ave. will be closed starting this summer from Portage Pkwy to Highway 7 including the intersection of Applemill Rd. A notice will be published when the exact date of the road closure is known. What Should You Expect During Construction? Highway 7 will remain open at all times during construction, with limited lane closures. Eastbound and westbound YRT bus stops at Millway Ave. and Highway 7 will be closed during construction. Notice will be provided in advance of changes to roads or bus services. Keep Informed During Construction 1.800.223.6192 | www.spadina.ttc.ca | [email protected] Sign-up for email construction notices and newsletters at [email protected] BE A PROUD SPONSOR – REGISTER EARLY The City of Vaughan is celebrating an important and historical milestone this year, its 20 th anniversary. We invite you to join us to celebrate at the Mayor Maurizio Bevilacqua Annual Charity Golf Classic on Monday, August 15, 2011, at the Copper Creek Golf Club in Vaughan. The chair of the organizing committee is Brian Bentz, President & CEO of PowerStream. This event is in support of not-for-profit and community organizations that need our help to fulfill their essential role of providing vital services to our citizens. By becoming a sponsor, you will be a key player in this important community-wide project. In addition to a round of golf at one of Canada’s top golf courses, the event features a gourmet dinner, silent auction and other activities, including the chance to win a lease on a new car. There will be a number of on-course activities, including hole-in-one, closest-to-the-pin and longest drive competitions. The tournament will be a double shotgun format. Space is limited, register early. To download the event brochure and sponsorship packages, please visit the City of Vaughan’s website at www.vaughan.ca and click on the ‘Annual Charity Golf Classic’ icon located in the left sidebar under ‘Featured Projects’. There are several sponsorship packages available allowing you to customize your level of support, and we’re certain you’ll find one that suits you best. For more information, please contact Anna Dara, Manager of Events, City of Vaughan, at 905-832-8585 ext. 8028. Vaughan. Business Link. BUSINESS NEWS AND STATISTICS FROM THE CITY OF VAUGHAN SUMMER 2011 INSIDE THIS ISSUE Profile in Sustainability Commissioner of Planning International Business Development News Building Statistics and Tax Rates Business Bulletin 7$,/75$&. &216758&7,21 67$7,21 %2; &216758&7,21 (;&$9$7( (;75$&7,21 6+$)7 -$1( 67 (;&$9$7,21 2) 3('(675,$1 7811(/ &2175$&725 :25. =21( 52$' :25.6 :25. =21( 12 38%/,& $&&(66 &2175$&725 21/< 0,//:$< $9( &/26(' 0,//:$< $9( 0,//:$< $9( &/26(' 3257$*( 3$5.:$< )8785( 6+23 +20(287),77(56 +,*+:$< :,'(1,1* ('*(/(< %/9' 7(0325$5< '(7285 5' $/7(51$7( 72520217 &$7 $&&(66 5' +,*+:$< $33/(0,// 5' )8785( 6+23 '5,9(:$< ,17(5&+$1*( :$<

Vaughan. Business Link. Documents... · MCIP, RPP as the City’s new Commissioner of Planning, effective June 13, 2011. “On behalf of the City and Members of Council, I would like

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SUBWAY CONSTRUCTION IS COMING TO VAUGHAN!ROAD CLOSURES STARTING THIS SUMMERArticle courtesy of: Toronto-York Spadina Subway Extension

A new subway station is coming to Vaughan! Late in 2015 you will be able to Ride the

New Rocket between York Region and the City of Toronto. The Toronto-York Spadina

Subway Extension will start construction this summer at Highway 7, west of Jane St.,

in the future development area of the Vaughan Metropolitan Centre.

Construction of the new subway Station at Vaughan Metropolitan Centre The new subway station will be built at Millway Ave. at Highway 7. You will notice that

we will be installing fencing, building traffi c detours and making changes to roads in

this area to make room for a large construction site.

Millway Avenue to be Closed - Summer 2011 to 2014Access to Millway Ave. is required for long term station and tunnel construction.

Millway Ave. will be closed starting this summer from Portage Pkwy to Highway 7

including the intersection of Applemill Rd. A notice will be published when the exact

date of the road closure is known.

What Should You Expect During Construction?Highway 7 will remain open at all times during construction, with limited lane

closures. Eastbound and westbound YRT bus stops at Millway Ave. and Highway 7

will be closed during construction. Notice will be provided in advance of changes

to roads or bus services.

Keep Informed During Construction

1.800.223.6192 | www.spadina.ttc.ca | [email protected]

Sign-up for email construction notices and newsletters at [email protected]

BE A PROUD SPONSOR – REGISTER EARLY

The City of Vaughan is celebrating an important and

historical milestone this year, its 20th anniversary.

We invite you to join us to celebrate at the Mayor

Maurizio Bevilacqua Annual Charity Golf Classic on

Monday, August 15, 2011, at the Copper Creek Golf Club

in Vaughan. The chair of the organizing committee is

Brian Bentz, President & CEO of PowerStream. This

event is in support of not-for-profi t and community

organizations that need our help to fulfi ll their essential

role of providing vital services to our citizens.

By becoming a sponsor, you will be a key player

in this important community-wide project.

In addition to a round of golf at one of Canada’s top

golf courses, the event features a gourmet dinner, silent

auction and other activities, including the chance to win

a lease on a new car. There will be a number of on-course

activities, including hole-in-one, closest-to-the-pin and

longest drive competitions. The tournament will be a

double shotgun format. Space is limited, register early.

To download the event brochure and sponsorship

packages, please visit the City of Vaughan’s website at

www.vaughan.ca and click on the ‘Annual Charity Golf

Classic’ icon located in the left sidebar under ‘Featured

Projects’. There are several sponsorship packages

available allowing you to customize your level of support,

and we’re certain you’ll fi nd one that suits you best.

For more information, please contact Anna Dara,

Manager of Events, City of Vaughan, at 905-832-8585

ext. 8028.

Vaughan.Business Link.

BUSINESS NEWS AND STATISTICS FROM THE CITY OF VAUGHAN SUMMER 2011

INSIDE THIS ISSUE

Profi le in Sustainability

Commissioner of Planning

International Business Development News

Building Statistics and Tax Rates

Business Bulletin

WHEN IT COMES TO ENERGY SAVINGS,ROYAL BUILDING PRODUCTS SEES THE LIGHT

At Vaughan-based Royal Building Products (Royal), the company’s

commitment to sustainability is more than a slogan or sign on a wall.

“We are constantly looking for ways to reduce our consumption of

natural resources and to be good corporate and environmental

stewards,” said Rob Howe, operations manager for the company’s

Residential Aluminum Plant business in Vaughan.

In 2010, Royal lived up to that commitment by investing more than

$70,000 to upgrade the lighting system at Howe’s Concord facility.

The project included:

• replacement of 185 400-Watt metal-halide fi xtures with 173 200-Watt high-bay induction lamps

• installation of motion switches for low-traffi c areas

• relocation of fi xtures to maximize lighting coverage

The company immediately realized a return on the investment.

“Each of the original fi xtures was drawing

1.8 amps of electricity compared with a

0.6-amp draw from the new fi xtures,” Howe

said. “As a result, it has been calculated that

the electricity used for lighting in the plant will

drop from 250,024 kWh to 102,672 kWh per

year. That’s a 59-percent reduction.”

In terms of cost savings, the company

estimates that the combination of reduced

electricity consumption and need to

replace light bulbs less often will save Royal

approximately $19,000 per year at current

electricity rates.

“If you factor in the Canadian government’s

forecast that electricity rates could increase

46 percent during the next fi ve years, the

potential cost savings are even more

dramatic,” Howe said. Either way, Royal

expects to recoup its investment in the new

lighting system by early 2013.

“All of our employees have reacted positively

to the new lighting,” Howe said. “Not only did

the lighting improvements save energy and

money, we also have created a brighter work

environment that is having positive safety

implications,” Howe said.

The positive feedback and prospect of

ongoing savings is moving Royal to investigate

future energy-saving investments at the

Concord facility. Potential projects include the

installation of LED light fi xtures for the exterior

of the building and parking lot, as well as

converting all of the plant’s heaters

to automated thermostats.

Commissioner of Planning.

Vaughan Council has announced the

appointment of John MacKenzie, M.Sc. (Pl),

MCIP, RPP as the City’s new Commissioner

of Planning, effective June 13, 2011.

“On behalf of the City and Members of Council,

I would like to welcome Mr. John MacKenzie

to the City of Vaughan,” said Mayor Maurizio

Bevilacqua. “With his wealth of experience

in both the public and private sectors,

Mr. MacKenzie will be making a major

contribution to the planning and continued

growth of our great City.”

A registered professional planner,

Mr. MacKenzie moves from his position as

General Manager of Planning, Appraisal and

Survey and Director of Development and

Alternative Financing and Procurement

Initiatives at the Ontario Realty Corporation/

Infrastructure Ontario. Previously, he was with

the Ministry of Municipal Affairs and Housing

and the Ministry of the Environment. In addition

to his real estate, planning, development and

infrastructure responsibilities, he has served as

an Advisory Committee Member of the Ontario

Greenbelt Foundation.

“Mr. MacKenzie has an impressive background

and is highly respected in the industry for his

technical knowledge in the fi eld of urban and

environmental planning and his ability to

create and maintain strong relationships with

community stakeholders and government

agencies,” said City Manager Clayton Harris.

“We are confi dent that John will be an asset to

the Senior Management Team and our entire

staff in shaping the future of our City.”

Machine operator Prince Pal Meelu enjoys the new energy effi cient lighting at

Royal Building Products’ Aluminum Plant in Vaughan. The new lighting has

resulted in cost savings and a brighter work environment.

Profile in Sustainability.

VAUGHAN ANNOUNCES APPOINTMENT OF NEW COMMISSIONER OF PLANNING

John MacKenzie, the new

Commissioner of Planning.

Regional26.3%

Municipal14.6%

Education59.1%

$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

2010

2011

Residential Commercial Industrial Institutional Miscellaneous

International Business Development News.

SUCCESSFUL TRIP TO CHINA FOR VAUGHAN DELEGATION

A four-member delegation from Vaughan, led by Mayor Maurizio

Bevilacqua, completed a successful economic development trip to Yiwu,

China. The delegation attended the 2011 Cultural Products Fair for the

opening of the Canadian Import Centre and the launch of Vaughan

products in China.

“For us, what is fundamental is that Vaughan becomes more outward

looking and to that end, China has a great deal of potential for us. China is

in a very important phase of its economic development and it’s important

to establish relationships early on,” Mayor Maurizio Bevilacqua said.

“These relationships take time and have to be nurtured. This trip was

important in showing we’re very interested in a mutual relationship that

has benefi ts for both countries.”

This latest initiative works in concert with the International Business

Development actions in the City’s Economic Development Strategy:

The process of fostering trust and communication in order to achieve

economic and social benefi ts requires regular reciprocal visits and/or local

representation or agents in the partner market.

A recent development, illustrating the benefi ts of seeking economic

partnerships, is the announcement by the China Investment Corporation

(CIC) of their new Toronto offi ces. CIC chose Toronto as the location of its

fi rst overseas representative offi ce over numerous international fi nancial

centres, including New York and London.

The decision is seen as a ringing endorsement of Canada’s stable and

secure investment climate and the rising profi le of the Greater Toronto

Area as one of the world’s leading fi nancial centres.

Analysts have perceived CIC’s decision to be both practical and strategic.

The choice refl ects the CIC’s interest in continuing investments in

natural resources, agriculture and infrastructure, and is “symbolic and

substantively signifi cant because it speaks of CIC taking Canada very

seriously and wanting to have a permanent presence here,” according to

David Emerson, former federal Trade and Foreign Affairs Minister and

advisor to CIC.

CIC administers China’s sovereign wealth fund, a state-owned corporation

with a $300 billion (U.S.) fund.

CONSTRUCTION ACTIVITY IN VAUGHAN: 2010 VS. 2011ISSUED BUILDING PERMIT DOLLARS, YEAR TO DATE (JAN. – MAY 31)

COMMERCIAL AND INDUSTRIAL TAXES WHERE DO YOUR 2011 TAXES GO?

Source: City of Vaughan, Building Standards Department, June 2011

Graph illustration is based on the 2011 total commercial / industrial

tax levies allocated into City, Region and Education requirements.

Vaughan offi cial opens the Canadian Import Centre (Canada Mart).

Dignitaries from left: Mr. Gong You Qun, Vice Chair Yiwu Committee

of the CPPCC; Ward 4 Concord / Thornhill North Councillor

Sandra Yeung Racco; and Vaughan Mayor Maurizio Bevilacqua.

Building Statistics and Tax Rates.

New Industrial and Commercial Tax Rates, 2011

The City’s approach to budgeting is multi-facetted beginning with public

consultation throughout the process, applying adherence to strict budget

guidelines to all departments, applying best practices, expenditure control

and alternative revenue strategies. This structured approach provides

the ability to maintain service levels and contain cost pressures thereby

keeping business property tax to a minimum.

$510.6 million

$323.6 million

Source: City of Vaughan, Finance Department, July 2011

VAUGHAN INDUSTRIAL AND COMMERCIAL TAX RATES – 2010 VS. 2011

Year Industrial Occupied Commercial Occupied

2010 2.457994% 2.157674%

2011 2.334500% 2.028171%

UPDATE YOUR BUSINESS INFORMATION WITH YORK REGION THIS SUMMER

In partnership with the City of Vaughan,

the Regional Municipality of York will be

contacting local businesses from May through

September to conduct an employment

survey. The collected information is used for

many purposes, including: monitoring local

economic trends; updating the York Region

Business Directory; analyzing and marketing

local business sectors; creating business

attraction and retention strategies; forecasting

infrastructure and hard service requirements;

and transit service planning.

One of the benefits of participating in

this survey is the opportunity to receive a

FREE listing in local and regional business

directories. For more information, please

contact: [email protected]

VAUGHAN RANKED AS ONE OF THE TOP 10 ONTARIO CITIES FOR REAL ESTATE INVESTMENT

The Real Estate Investment Network™

(REIN™), Canada’s leading real estate research

organization has just released its latest report

on the top Ontario cities and towns for real

estate investment. Out of the hundreds of cities

and towns in Ontario, Vaughan ranked #10 in

the province.

The report, entitled Top Ontario Investment

Towns 2011-2015 analyzes the current and

future prospects for real estate investment

opportunities in Ontario, and identifies the

top regions that will outperform in the

coming decade.

REIN’s findings are based on in-depth research,

analysis of the latest statistics, economic and

social trends, and on-the-ground reports from

REIN™’s research staff and members, along

with reports and statistics from organizations

such as Canadian Mortgage and Housing

Corporation (CMHC), Statistics Canada,

Multiple Listing Service (MLS), Canadian Home

Builders Association, city and regional real

estate boards, and local economic development

offices. For more information please visit

REIN’s website at www.reincanada.com

across Canada.” As the economy recovers, it

is important that small businesses are able to

hire new workers so they can take advantage

of emerging opportunities and compete in the

global economy. To encourage additional hiring

by this vital sector, Budget 2011 proposes a

temporary Hiring Credit for Small Business

of up to $1,000 against a small employer’s

increase in its 2011 EI premiums over those

paid in 2010. This temporary credit will be

available to approximately 525,000 employers

whose total EI premiums were at or below

$10,000 in 2010, reducing their 2011 payroll

costs by about $165 million.

For more information about the Next Phase

of Canada’s Economic Action Plan, please

visit online at www.ActionPlan.gc.ca or call

1-800 0-Canada.

BUSINESS BUILDING SEMINARS – HOSTED BY THE VAUGHAN BUSINESS ENTERPRISE CENTRE (VBEC)

• VBEC Introduction to Entrepreneurship Every Tuesday, 10 AM – 12 NOON and Thursday, 2 PM – 4 PM

• Tax Issues Presenter: Howard Halpern, CA September 13, 6 PM – 8:30 PM Cost: Free

• Make Your Site Sell Presenter: Sarah Zeldman, Internet Marketing and Social Media Expert September 20, 12 NOON – 2 PMCost: $35

• Goal Setting Presenter: David Cohen, Certified Management Consultant October 13, 6 PM – 8:30 PMCost: $35

Register today, space is limited. To register

or for more information, please contact the

Vaughan Business Enterprise Centre at

905-832-8526 or email [email protected]

All seminars will take place at the VBEC office

(9995 Keele Street) unless otherwise specified.

Business Bulletin.

CLEAN-TECH OPPORTUNITIES IN U.S. – APPLICATION DEADLINE IS AUGUST 26, 2011

A new multi-phase Trade Commissioner

Service program will give qualifying Canadian

businesses in the clean-tech sector a chance to

accelerate their growth in the U.S.

C4, or the Canadian Clean-tech Colorado

Connection Program, was developed by the

Trade Commissioner Service in Denver. The

Rocky Mountain region is an innovation hub

and clean-tech leader and features multiple

clean-tech multinational R&D facilities

including the U.S. Government’s National

Renewable Energy Lab (NREL).

C4 is designed to help innovative and emerging

clean-tech companies to reduce the risks of

bringing their technologies to market and to

connect with strategic partners and investors.

Companies must apply by August 26, 2011,

and must meet the following criteria:

• Focus on clean, renewable and energy-efficient technologies;

• Be headquartered in Canada;

• Have high growth potential;

• Possess disruptive technology, usually characterized by IP;

• Have a management team that can execute and persevere;

• Possess a completed business plan;

• Communicate how your investors will profit.

For more information, please contact:

Trade Commissioner at the

Canadian Consulate in Denver

Tel: 303-626-0662

[email protected]

HIRING CREDIT FOR SMALL BUSINESS

Small businesses are a key part of Canada’s

economy. The Government agrees with the

Canadian Federation of Independent Business

that “small businesses are indispensable in

their role as job creators and innovators all

Printed in Canada © City of Vaughan 2011

CITY OF VAUGHAN ECONOMIC DEVELOPMENT DEPARTMENT2141 Major Mackenzie Drive, Vaughan, Ontario, Canada L6A 1T1 tel: 905-832-8585 email: [email protected] www.vaughan.ca

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