Families walking down the Burlington Waterfront Boardwalk

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 3200 new jobs were created here in 2022, an increase of 3% from the previous year. Our city’s strategic plan aims for the creation of 1,000 new jobs every year.

Employment Composition by Sector

Drag Chart

Business Growth

Over 160 new businesses and company expansions took place here in 2022. Our goal is to annually increase the overall number of businesses by 1% every year (in 2023, that would be 75 new businesses).

American Cities of the Future ranked Burlington in its top 25 for Foreign Direct Investment (FDI) Strategy, 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 2023 was $1,058,000, a 2% price increase from 2022.

Our city is working on implementing our a housing strategy. Affordable housing is a top priority for the city.

Leasing Data

We have a total office inventory of 3,423,071 sq. ft, and 23,458,555 sq. ft of Industrial space2.

Download Economic Indicators Report

Explore stats and figures on the overall health of the Burlington economy.

Martini House patio in Burlington

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.

By navigating our website, you accept our Privacy & Cookie Policy.Privacy Policy