Mayor Maurizio Bevilacqua and Terry Kotton, President of TITAN Gives Back, with the donated toys.

GIVING AND GAINING MORE – VAUGHAN BUSINESSES STEP UP AGAIN

Is there a measurable payoff for corporate social responsibility (CSR)? When companies get the mix of “what” causes or issues, and “how” or approaches to adding value, philanthropic activities and competitive advantage become mutually reinforcing. Whether we think in these terms, or just have visceral need to give of ourselves, we all benefit.

This past holiday season, we saw the generosity of local Vaughan businesses. More than 70 businesses donated toys and cash towards the CP24 CHUM Christmas Wish program. Local firms such as TITAN Equity Group Ltd., contributed in the collection of more than 10,000 toys for children in Vaughan and across the Greater Toronto Area. “We strongly believe in giving back to the community,” said Terry Kotton, President of the TITAN Gives Back program.

This sentiment of giving back resonates throughout the year. “Our contribution of $1 million to Mackenzie Vaughan Hospital is made possible because of the generosity of our businesses,” said Mayor Maurizio Bevilacqua. “When we build these projects, we are also supporting our families, our residents and employees. Each of us has capacity beyond our imagination.”

The benefits of CSR are increasingly being borne out in empirical evidence. The research is showing a causal link between CSR and financial performance – a better bottom line, employee satisfaction, staff loyalty, brand image and ability to attract new talent. A shout-out to Vaughan businesses and supporters: giving more is also gaining more.

Vaughan.Business Link.

BUSINESS NEWS AND STATISTICS FROM THE CITY OF VAUGHAN YEAR IN REVIEW 2013

INSIDE THIS ISSUE

World-Class City

2013 In Review

Diverse Community

In Review

Development Services

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THE TRANSFORMATION OF VAUGHAN INTO A MAJOR URBAN CENTRE

What does it take to transform a City? It takes a vision, strategy and leadership to make it happen. With the accomplishments and progress this Council and administration has made on the City’s strategic plans, Vaughan is now realizing the transformation from a suburban community into a major urban centre.

The City of Vaughan’s 10-year Economic Development Strategy of 2010 provides a blueprint for Vaughan’s future economic growth. While it’s focus is on developing Vaughan as an economic centre for attracting investments and jobs, it also places equal importance on creating a thriving, vibrant community that offers an impressive quality of life and high level of connectivity. The City continues to reach out to residents, businesses, media, academic institutions and government agencies to foster the transformation of Vaughan into a dynamic urban centre.

Vaughan continues to experience tremendous growth. Figures from the 2010-2013 York Region estimate show a population growth of more than 24,000 new residents in the past three years. Between 2012 and 2013, the number of businesses in Vaughan grew by 3.7 per cent. The City invests millions of dollars every year in capital projects to build new or improve existing infrastructure. Vaughan is committed to city-building, as well as providing residents and businesses with services that focus on a healthy and safe community, while encouraging innovation and prosperity.

We have seen great progress on several important initiatives in 2013 – the Mackenzie Vaughan Hospital, Highway 427 extension, the subway extension and new development applications in the Vaughan Metropolitan Centre. These initiatives are an important part of Vaughan today that will have a lasting impact on our City’s future.”

In 2013, the City experienced excellent growth in new businesses - there are now more than 10,000 businesses here. Vaughan remains one of Canada’s fastest-growing cities, with the annual value of construction activity surpassing the one billion dollar mark for the ninth time in 12 years.

Major construction development projects in the residential, commercial, industrial and institutional sectors totalled $1.102 billion.

Working together we are achieving our ultimate goal of becoming a world-class city. The City knows that economic growth opportunities are not only coming from locally grown companies, but also internationally from business owners looking to expand

globally.

“The City of Vaughan understands the important and dynamic role that cities play in global markets. We are now in a strong position to take advantage of our location and strong local economy and look beyond our borders,” said Mayor Maurizio Bevilacqua. “The business mission to Israel this past October will result in an exciting collaboration with Centennial College – a joint trade office in Tel Aviv. At a time when the Canadian

economy continues to have challenges, this investment sets us apart. No other Canadian municipality has a trade office in Israel showcasing local industries and the advantages of our diversified local economy.”

Looking forward in 2014, Vaughan will focus on the positive momentum of a healthy community, innovation and prosperity to build on the goal of becoming a world-class city.

Hon. Maurizio Bevilacqua, P.C., Mayor

Building A World-Class City.

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Subway Stations Construction (Cut & Cover)

Tunnel Launch Sites(Start of Tunnel Drive)

Completed Tunnel (Excavation & Lining)

Planned South Tunnel Contract Drives

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The City of Vaughan and Council is focused on creating a positive environment

that encourages innovation and prosperity. Reaching out to businesses, major

institutions, agencies, and other levels of government to ensure the City’s

priorities are understood within the circles of decision-makers. The Economic

Development Department is committed to achieving the City’s goals through

initiatives - such as the following:

Vaughan Metropolitan Centre (VMC) Office Development studies: the City

engaged Altus Group to develop pro-forma estimates on potential office

space typologies in the VMC. As well, the City undertook to review financial

and development incentives being employed by other office centres in the

Greater Toronto Area. The premise of these studies was to gain a stronger

understanding of the VMC’s competitiveness as an office node.

Familiarization Tour for Ministry of Economic Development, Trade and

Employment (MEDTE): in co-operation with the Region of York, Vaughan

hosted representatives from MEDTE’s international business development

group in October 2013.

York Region Broadband Strategy: the City is partnering with the Region of

York on reviewing high speed broadband connectivity as assets in attracting

industries and post-secondary educational investments; and for the delivery

of a myriad of services to residents.

York Region Post-Secondary Education Attraction Strategy: the City is

working with the Region of York to develop the business case for attraction

of post-secondary educational institutions. In addition, the City has met

with representatives from a number of colleges and universities to discuss

their plans for expanding educational programming, as well as training,

product commercialization and other industry-academic collaborations.

In November 2013, the Toronto-York Spadina Subway Extension (TYSSE) celebrated a major milestone as the last tunnel boring machine (TBM) finished the final tunnel drive for the twin tunnelling. The TBM broke through the headwall at the Vaughan Metropolitan Centre (VMC) Station extraction shaft, located on the south side of Highway 7, just west of Jane Street. This sets the stage for the next phase of work in the tunnels, including installation of inverts and walkways, track, traction power, signal and communication systems.

Starting in January 2014, along with VivaNext’s Highway 7 West rapidways construction, hydro crews will begin to install underground hydro lines along Highway 7 from Edgeley Boulevard to east of Jane Street. This work will be completed in segments over several months.

For more information:

TYSSE@ttc.ca

Vaughan ranked

8th BEST MID-SIZED CITY

- 2013

Moving forward on key infrastructure, Premier Kathleen Wynne and other government officials announced capital budget funding to enable construction of the Highway 427 extension beginning in

investment and job growth in the employment lands of the Vaughan

6.4 kilometres of subway tunnels completed in 2013

Revenue service is expected to begin by fall 2016 for the

8.6-kilometre extension of the Toronto Transit Commission’s

Yonge-University-Spadina subway line to the new terminus, the

Vaughan Metropolitan Centre Station at Highway 7 and Jane St.

In 2013, the City of Vaughan completed the Healthcare Centre Precinct Plan. The Precinct Plan will help to facilitate the development of Mackenzie Vaughan

parcel of land just north of Canada’s Wonderland.

$49.7 million in planning grant

received from the province

for Mackenzie Vaughan Hospital

Highway 427 Extension Underway

Economic Development 2013In Review.

Furthermore, the City received an additional 53 leads from companies that

heard about Vaughan’s interests in the Israel market. The sectors

represented by leads include: building technologies, water technologies,

medical and information technologies.

n Vaughan – Centennial College Trade Development Office in Israel:

In co-operation with Centennial College, the City is opening a joint trade

development office in Israel. This collaboration has benefits for both parties:

market intelligence; in-country business representation for

Vaughan; as well as student recruitment and R&D exchanges.

n The City received 23 requests for cultural delegations partnership

opportunities and business visits: Of these, Vaughan welcomed 14

delegations from China, Italy, Korea, Japan and Israel. The City officially

received the Consul Generals of Japan, China and Israel. In October 2013,

the City received an official visit from the Mayor of Lanciano, Dr. Mario Pupillo,

who has expressed interest in furthering the economic partnership between

the Town of Lanciano in Italy and the City of Vaughan.

BUSINESS RESOURCES AND MARKETING

n Corporate Calling Program: City staff made 105 corporate calls to local businesses,

providing advice and support on issues such as staff recruitment, market

development, property standards, building expansion and government programs.

n A strategic Israel international business development marketing campaign was

implemented. Its goal was to achieve significant business participation while

focusing on private-public partnerships and institutional collaborations to

build support and engage business owners and academia to either sponsor the

program or contribute to sustaining the Vaughan-Israel international business

development program. The marketing campaign included a suite of promotional

materials and events: international business development program launch with

business invitations, online registrations, flyers, posters, and e-communications;

12-page promotional brochure and information packages; video filming, web

streaming and online resources.

The Vaughan business mission to Israel was also supported with media

relations activities in order to increase awareness about the mission and

keep local communities updated on the opportunities resulting from the

trip. These media relations activities, news about the Israel business

mission achieved 2,127,936 impressions — a figure that represents the total

number of people that read about the Israel mission either in a newspaper,

magazine or other online source.

“Building a Gateway to Tomorrow’s Economy”, the Economic Development’s

10-year strategy was developed based on a need to integrate economic

development activities into a greater framework of partnerships and activities

focused on creating a vibrant community life that is inclusive, progressive,

environmentally responsible and sustainable.

With the implementation of this strategy well underway, this issue of the

Business Link highlights some of the economic development activities,

initiatives and accomplishments for 2013.

NEW BUSINESS INVESTMENTS AND EXPANSIONS

1.7 million sq.ft. Accuristix – transportation and logistics 230,000 sq. ft.

Bailey Metal – mfr. of steel framing 61,500 sq. ft. expansion

Bennett Tools – mfr. of painting tools 188,700 sq. ft.

Berenson – dist. of hardware 35,000 sq. ft.

Improve Canada – retail condo 320,000 sq. ft.

NHD Developments – industrial spec. 132,000 sq. ft.

Retail commercial building (Lee Valley) 42,500 sq. ft.

Rochon Engineering – forensic engineers 24,000 sq. ft.

Serta – dist. centre 250,000 sq. ft.

Typhon Group – office building 54,898 sq. ft.

United Natural Foods – dist. food products 40,000 sq. ft. expansion

Vaughan Mills – retail 197,000 sq. ft. expansion

DEVELOPING VAUGHAN AS AN ECONOMIC GATEWAy

The City’s Economic Development Strategy identifies a robust international

business development (IBD) program targeted to international markets that

are aligned with Vaughan’s convergence sectors. The City’s IBD programs

begin with business attraction objectives, but expand beyond lead generation

to helping local business compete, find new markets, develop supplier

relationships and alliances while also assisting them with enabling research

and identifying funding sources.

n International Business Mission to Israel: the Mission took 23 delegates

from business, academia, PowerStream, Mackenzie Vaughan Health

and the City of Vaughan to Israel. The 8-day visit included more than

150 in-country meetings. As a result of the mission, participating delegates

are pursuing business contracts; supplier proposals; R&D and other

commercialization exchanges that currently is estimated at $300 million.

2013 Vaughan Business Mission to Israel Highlights

10 Strategic partnerships (UJA, Government of Israel, among others)

7 Industries represented on the mission

10 Cities across Israel visited during the mission

60+ Business opportunities for participating mission delegates

2M+ Media impressions generated through various media channels

in Canada and Israel

7 Memorandums of understanding signed by Centennial College

with learning institutions and organizations in Israel

53 Potential new business relocations and/or expansions

generated for the City of Vaughan following the mission

4 Return visits from Israeli business owners and government

officials to Vaughan

Left to right: Ted Sokolsky, UJA Federation President; Hon. Maurizio Bevilacqua, Mayor; DJ Schneeweiss, Consul General of Israel in Toronto; Leslie Dan, Canada Israel Chamber of Commerce Chairman; and, Oded Orgil, Canada Israel Chamber of Commerce President.

www.vaughan.ca/israel

Market Indicators.

OPTIMISM IN THE MARKET

As 2014 begins, there is much to be optimistic about. From job growth,

business counts to lease rates and housing prices, the numbers are

trending upwards. Although the figures are still being refined, the City

of Vaughan has reached a new milestone – home to more than 10,000

businesses. Indications from the latest york Region Employment Survey

point to a 5.5 per cent increase in the number of jobs - 186,019 jobs in

2013, compared with 176,296 jobs in 2012. The number of business

establishments rose by three per cent from 2012 levels.

On the real estate front, CBRE reports that by the end of 2013, Vaughan

had recorded more than 1.5 million sq. ft. of positive absorption placing

Vaughan as one of the top two performing markets in the Greater Toronto

Area. With the availability rate stabilizing in the mid four per cent range,

coupled with strong absorption figures, and pushed up leasing rates by

$0.24 per sq. ft. quarter-on-quarter to $5.19 per sq. ft. Unlike average asking

rental rates, asking sale prices fell in Q4 to $90.73 per sq. ft. attributable

to large buildings marketed for sale which tend to ask lower rates.

In Vaughan, the average price of existing homes (all home types) as

reported by the Toronto Real Estate Board’s Market Watch, increased by

7.4 per cent from 2012 to 2013. The average price of a home in Vaughan

exceeds $665,000. The residential component accounts for 67 per cent

($735.3 million) of issued permits with new condominium apartments

outpacing single family dwellings, including townhouses and semi-

detached homes. This increase in mixed use high-rise residential units

is consistent with the City’s Official Plan goals of achieving intensification

and transit-oriented developments.

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CONSTRUCTION ACTIVITy, 2012 vs. 2013 BASED UPON VALUE OF BUILDING PERMITS

Source: City of Vaughan, Building Standards Department, January 9, 2014

Construction is progressing at TTC’s Vaughan Metropolitan Centre (VMC) Station, located at Highway 7 and Millway Avenue. April 2013, an aerial photo of VMC Station looking southeast.

Cultivating A Diverse Economy.

Vibrant and diverse communities happen because of innovative and talented people. This new breed of knowledge-based worker is looking for a community that fulfills more than their basic needs. Now more than any other time in history, the existence of social benefits and a dynamic quality of place will define where talent roots itself. The economic development activities undertaken in 2013 focused on expanding opportunities in the creative, cultural and innovative industries for residents and businesses alike.

CREATIVE AND CULTURAL INDUSTRIESn Vaughan Film Festival (VFF): City staff assisted the organizers of the

Vaughan Film Festival with program development and expanding services to up and coming film-makers. For the first time, the VFF showcased international films. In total 16 short films were shown over a two-day period and the gala netted more than 600 attendees, an increase of 50 per cent over the previous year. Festival organizers extended their reach in the arts community, participating at the 3rd annual Arts Exposed Conference.

n Kleinburg Business Improvement Association (KBIA): with the assistance of City staff, the KBIA developed new branding for the village core, with logo design, website and public relations initiatives. In addition, staff assisted the

KBIA to secure $25,000 in funding from Central Counties Tourism. This sets a path for establishing the community as a destination for shopping, dining, an outdoor recreation paradise as well as a meeting place for residents and visitors.

n Vaughan Tourism Roundtable: For the past three years, the City has hosted an annual Tourism Roundtable to help local operators develop and enhance their business, share tools and best practices to build brand awareness and visitation. The 2013 Tourism Roundtable theme was ‘experiential tourism and product development’ where close to 100 business participants were introduced to experiential tourism tools.

INNOVATIVE RESEARCH DEVELOPMENT AND DESIGNn Innovation Park: City staff continues to support the Toronto and Region

Conservation Authority in the establishment of an Innovation Park focused on growing the building and construction industries in Canada. As the business plan was being completed for the project, staff met with project managers to resolve planning and development processes matters. Staff is also continuing

to introduce local firms to the project. www.thelivingcitycampus.com

The Historic Village of Kleinburg in

Vaughan, “One of the Best Charming

Small Towns to Visit!”

— Days Out Ontario, 2013

NEW BUILDING CONSTRUCTION PERMITS SURPASSED $1 BILLION

The annual value of construction activity in the City of Vaughan has

surpassed the one billion dollar mark for the ninth time in 12 years,

supporting Vaughan’s position as one of Canada’s fastest-growing cities.

Small Business2013 In Review.

Other Services: including Personal Services (15.7%)Other: Public Administration Services (12.7%)Professional, Scientific and Technical Services (12.4%)Construction (11.7%)Accommodation and Food Services (9.3%)Arts, Entertainment and Recreation (8.9%)Retail Trade (6.8%)Health Care and Social Assistance (6.5%)Education Services (4.2%)

Manufacturing (3.1%)Wholesale Trade (2.4%)Real Estate, Rental and Leasing (1.6%)Administrative and Support, Waste Management and Remediation Services (1.5%)Transportation and Warehousing (1.4%)Information and Cultural Industries (0.9%)Agricultural, Forestry, Fishing and Hunting (0.5%)Utilities (0.3%)

A BUSINESS INCUBATION HUB2013 has been another exciting year for

the Vaughan Business Enterprise Centre

(VBEC). Expanding its commitment

to entrepreneurship, the Ministry of Economic Development, Trade and

Employment (MEDTE) rebranded its network of small business centres,

regional innovation centres and small business advisory services under the

new Ontario Network of Entrepreneurs (ONE) brand.

consultations with people who are looking to start and grow a business, a

cent increase in inquiry volume. Business establishments or expansions

than 2.3 times the 2012 total.

An analysis of the client consultations indicate that Personal Service

closely by Professional, Scientific & Technical Services (12.4 per cent)

and Construction Trades (11.7 per cent).

TEDX NOW IN VAUGHANNew for 2013, VBEC introduced the acclaimed TEDx programs, building

Vaughan’s TED community, reaching more than 270 people at its TEDxYouth,

TEDxVaughan and TEDxWomen’s events. The TEDx

programs are about generating big ideas, which can be

translated into community building, social enterprises as

well as business development. During the same period,

more than 213 seminars were offered, with attendance

Business-to-Business Expo and Small Business Week

VBEC CONSULTATIONS BY INDUSTRY SECTOR, 2013

T

p

t

FOSTERING YOUTH ENTREPRENEURSYouth programs continue to grow. Fourteen students completed the

Summer Company Program, but more impressively four of them will

continue operating their businesses. The Biz Teens Camp increased its

intake by 20 per cent over 2012. VBEC’s Culinary Program, operating since

2010, continues to place high school students in the culinary industry,

opening the door for a career or business in hospitality. With the launch

of Starter Company in 2014, local youth will have more access to VBEC

services as well as government funding for start-ups.

CONNECT | COLLABORATE | GROWThe City of Vaughan’s business development support program is dedicated

to helping businesses succeed on a local and international scale. The

business development program is comprised of a series of market-driven

and results oriented support services, created to help businesses gain

a sustainable competitive advantage.

Through Vaughan’s Economic Development Department and the Vaughan

Business Enterprise Centre the following services are offered to support

entrepreneurs at all stages from startup, to growth, through to expansion

and relocation:

Business consultations and mentorship

Market readiness tools and commercialization support

Strategic partnership match-making

Investment attraction support

Access to Federal and Provincial government grants

International business development support

Site selection assistance and relocation support

Access to market research and intelligence

Youth entrepreneurship programs

Workshops, seminars and events services

We are here to help businesses succeed in Vaughan. Contact us today

to see how we can make a difference in the success of your business.

Economic Development Services.

The City of Vaughan’s Economic Development Department received the 2013 Award of Excellence from the Economic Developers Council of Ontario.

WE’RE MOVING TO CITY HALLTo serve you better, the Vaughan Business Enterprise Centre (VBEC)

will be moving to City Hall (2141 Major Mackenzie Drive).

For more information:

Email: VBEC@vaughan.ca

www.vaughan.ca/VBECVaughan BusinessEnterprise Centre

City of Vaughan, Economic Development Department

E. ecdev@vaughan.ca

www.vaughan.ca/business

Is your brand telling your story?12TH ANNUAL VAUGHAN BUSINESS-TO-BUSINESS EXPO: FEBRUARY 12, 2014The 2014 Vaughan Business-to-Business Expo will take place on February 12, 2014 at the Terrace Banquet Centre, located at

This year’s Business Expo will provide hands-on assistance to businesses on building a brand that cuts through the clutter and clamor of today’s marketplace. Whether it’s building a brand or revitalizing one, participants can get brand check-ups, image assessments, elevator speech spot-checks and other complimentary consulting services with our experts.

Keynote luncheon speaker: Athena Varmazis, Vice President and General Manager, Small Business Services at American Express Canada will share strategies and tools for branding, emphasizing the importance of consistency of branding through all mediums.

Guest speakers:

Finding Pathways to Personal Success”

and co-founder of the Vaughan Film Festival

Local businesses will also have the opportunity to display their products and services in a trade show forum. Space is limited, so register today!

Contact VBEC:

www.vaughan.ca/VBEC

VAUGHAN CITY BUDGET UPDATEThe City of Vaughan’s Finance and Administration Committee held seven public meetings which included three evening meetings starting in November 2013 to January 2014 to provide residents and businesses with the opportunity to comment on the City’s Draft 2014 Budget and

As a great start to the New Year, the City of Vaughan received an international award of excellence in budgeting for a fifth consecutive year by the Government of Finance Officers Association. This achievement reflects the City’s commitment to the highest principles of government budgeting by incorporating national guidelines and practices in financial planning.

For more City Budget information online, visit: www.vaughan.ca/budget

FEDDEV ONTARIO ADVANCED MANUFACTURING FUND The Economic Action Plan 2013 provides $200 million over five years for the Advanced Manufacturing Fund in Ontario, to be delivered province-wide by FedDev Ontario. The fund will promote continued growth of Ontario’s advanced manufacturing sector by supporting large-scale, transformative manufacturing activities.

Advanced manufacturing includes the

technologies that demonstrate a commitment to product, process, and technological innovation.

There are two types of eligible applicants:

Established for-profit businesses located in Ontario that are incorporated in Canada.

Eligible manufacturing firms are:

in Ontario;Undertaking manufacturing and R&D

activities in Ontario; orConducting R&D in Ontario, but not

manufacturing in Ontario.

Not-for profit organizations (i.e., research institutions, centres of excellence, or post-secondary institutions) located in Ontario. Not-for-profit organizations require collaboration with an anchor firm and must demonstrate a significant benefit to the manufacturing sector.

The contributions provided will normally be between $10 million and $20 million per project

project costs. Projects seeking less than $10 million or more than $20 million may be considered. Applicants must provide evidence of industry support (non-government sources) for

costs and clearly demonstrate how their project responds to innovation, market relevance and spillover economic benefits.

Applications can be submitted during two intake

For detailed guidelines and information on how to apply, visit www.FedDevOntario.gc.ca

ART MENTORSHIP PROJECT CALL FOR APPLICATIONS

The McMichael Canadian Art Collection and the York Region Arts Council (YRAC) announced the second annual Art Mentorship Project in support of emerging local artists.

The Art Mentorship Project is designed to offer professional development to emerging local artists who have been practicing or exhibiting their work for less than three years, allowing them to fine tune their skills through technical assistance, theoretical discussions, critiques, and exhibition preparation over a four-month period. The mentor and apprentice meet at the McMichael over three two-day sessions and collaborate on a piece or body of work that will be displayed at the gallery from January

2014 and the short list will be released on April 1, 2014. Download the Call for Applications at www.mcmichael.com/artmentorshipproject.cfm

THE EMPLOYMENT STANDARDS ACT, 2000: WHAT BUSINESSES NEED TO KNOWA law called the Employment Standards Act, 2000 (ESA) establishes minimum employer obligations and employee rights with respect to rates of pay, hours of work and overtime, vacations, public holidays, leaves of absence and more. Every province and most industrialized countries have similar laws in place to protect employees. The ESA applies to most employees and employers in Ontario.

ESA resource materials and tools are available by contacting the Ontario Ministry of Labour (MOL), Employment Standards Information

CONGRATULATIONS! Vaughan company, Sentinel Solar received two awards from CanSIA at the 2013 Solar Canada Game Changer Awards.

Printed in Canada © City of Vaughan 2014

CITY OF VAUGHAN ECONOMIC DEVELOPMENT DEPARTMENT2141 Major Mackenzie Drive, Vaughan, Ontario, Canada L6A 1T1

STAY INFORMED.Subscribe to the Economic Development e-News! Send an email with the subject line “Sign me up for e-News!” to ecdev@vaughan.ca

BusinessBulletin.

SAVE THE DATE The Vaughan Chamber of Commerce invites local businesses and organizations to their upcoming events.

The 2014 Mayor’s Luncheon: Wednesday, February 26 2014 Vaughan Chamber of Commerce Business Achievement Awards: Thursday, April 3

www.vaughanchamber.ca

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