Item - 2025.PH18.15

The Planning and Housing Committee:

1. Received the report (January 7, 2025) from the Chief Planner and Executive Director, City Planning, for information.

Toronto has recorded a new high of 1,600,300 jobs citywide and the highest year-over-year employment growth rate in the last two decades. Many new businesses continue to open with three out of ten businesses being less than five years old. The attached bulletin summarizes these and many other results of the 2024 Toronto Employment Survey, which is the 42nd annual survey of Toronto businesses. The bulletin highlights the Survey's key findings and counts of employment and business establishments in the City of Toronto for 2024. The bulletin also reports on the type and longevity of establishments and employment activity in Downtown, the Districts, the Centres, designated Employment Areas, Secondary Plan areas and Areas of Employment across the city.