A High Performance Economy
Although our city is optimized for key industries, no one sector dominates here. Burlington is a diverse economy, home to many progressive Canadian and international businesses. Our accessible location in the Greater Toronto and Hamilton Area (GTHA) makes us a strategic choice for your company’s startup or expansion plan.
Employment Growth
Over 2,500 new jobs were created in 2024. The largest job sectors in Burlington are Other Services, Accommodation & Food Services, and Healthcare & Social Assistance.
Business Growth
Burlington’s business growth rate stands at 7.88% from 2018 to 2023. Our goal is to annually increase the overall number of businesses by 1% every year.
The Globe and Mail ranked Burlington as one of the top cities in Canada, in part due to our ability to attract a number of high-profile companies in a range of industries.
Housing Data
The average price of a residential property here in 2024 was $1.13M, a 10% price increase from 2023.
Our city is working on implementing a housing strategy. Affordable housing is a top priority for the city.
Leasing Data
We have a total office inventory of 3,423,738 sq. ft, and 24,101,484 sq. ft of Industrial space.
Download Economic Indicators Report
Explore stats and figures on the overall health of the Burlington economy.
Economic Data and Interactive Dashboard
Try this Interactive Dashboard for a visualized representation of key data related to job growth, income, ICI building permits and values, labour demographics and more.