June 16, 2008 -- With the City of Toronto's Affordable Housing Committee hearing input from the public about a proposed affordable housing strategy today, the Toronto Real Estate Board (TREB) is calling on the City to take action on affordable housing. REALTORS® are encouraged that the City is developing an affordable housing strategy, but recent City decisions, especially the implementation of the Toronto Land Transfer Tax, directly contradict this initiative," said Maureen O'Neill, President of TREB.TREB submitted its input in a detailed written submission, which raised concerns about new and increasing City-imposed costs on home ownership including a land transfer tax, property taxes, development charges, garbage fees, and water rates. TREB's submission calls on the City to use the forthcoming affordable housing strategy to reverse this trend.
Location Characteristics: Economy
York Region's 27,000 businesses provide 440,000 plus jobs for York Region residents. 15-20,000 more jobs are added annually.
Government The Regional Municipality of York is one of six Regional Governments in Ontario. 20 Regional Council members (including the mayors of the nine municipalities) set policies, direction and budgets for York Region. For a list of members of Regional Council please click here
Diversity Percentage of population who are immigrants ----- 40 Average in Ontario ------ 26.8 (Source: 2001 Census) Education Percentage of York Region residents wtih a university degree ----- 19.7 Average in Ontario ------15 (Source: 2001 Census) Life Expectancy InYork Region -------- 81.8 years Average in Ontario ------------------------ 79.32 years (Source: 2001 Census) Disability-free life expectancy In York ---------------------- 71.1 In Ontario------------------ 68 (Source: 2001 Census) Some key health stats: Percentage of York population 12 years and older who reported being current smokers ----- 23% Percentage of York population who do not engage in regular physical activity ------ 40 (Source: 2001 Census) In the year 2026, estimates suggest: There will be 1.3 million people in York. There will be three times as many people over 50 as today There will be 696,000 jobs
